Providing CAR and WCP for Design Supply Construction of Track related Works on Design Build Lump Sum basis for Double Line High Speed Railway Km 156 and Vadodara Km 393 in the State of Gujarat and the Union Territory of Dadra and Nagar Haveli

Amount

SCHEDULE-A

Contractors All Risk Insurance Cover: 1. Project Period- 2068 days TBA (Actual Execution period is 1673 Days & Balance Period is for Testing, Integrated Trials etc.,) 2. Defect Liability Period- 730 days 3. Deductables Other than wet works AOG/Collapse / EMP/ Major Perils– 10% of the claim amount subject to minimum INR 6 Lakhs Other Claims – 5% of the claim amount subject to minimum INR 1.5 lakhs DE excess – 5 times AOG excess For Wet Works AOG/Collapse / EMP/ Major Perils– 10% of the claim amount subject to minimum INR 75 Lakhs Other Claims - 10% of the claim amount subject to minimum INR 22.5 lakhs DE excess – 5 times AOG excess Terrorism Excess- 37,50,000/- 4.Bidders may offer a list of all applicable cover under this CAR policy available free of cost. Full replacement cost of project contract awardedvalue of Rs.4200 crores

Add on covers (IRCON reserves the right to choose only required add on cover and tenderer has no entitlement of claim in this regard).

STFI- Full Sum Insured

Terrorism and Sabotage -SI 2250 Cr

Earthquake (Fire & shock)- Full Sum Insured

Third Party Liability including cross liability & also during Ext. maintenance period- INR 750,000,000 AOA

Contractual liability- INR 250,000,000 AOA

Debris Removal including foreign debris- over & Above the standard policy limit INR 250,000,000

Dewatering expenses- INR 50,000,000 AOA

Temporary civil works (temporary roads, temporary lighting, construction power distribution network, fabrication and erection yard, temporary staging, cost of material handling at site, etc.) - 50 Crore (incl. in project sum insured)

Owners surrounding property - Above 10% of policy SI with FLEXA risks

Contractor Plant & Machinery - 10 Crore

Leased equipment rental costs- INR 50,000,000 AOA

Offsite Storage cover - Covered with no sub-limits

Errors & omission clause

Escalation 20% of sum insured

Design Defect Cover - DE 3 Cover

Testing cover clause

Waiver of subrogation clause

Additional Custom Duty

Accidental loss to valuable records / documents- INR 50,000,000 AOA

Multiple Insured clause

Non-vitiation clause

Loss Payee clause

Public Authorities clause

Cessation of works- 3 Months

Waiver of Contribution clause

Loss Minimization Expenses

Professional Fees Clause

Expediting Costs - Cover Of Extra Charges For Overtime, Night Work, Work On Public Holidays, Express Freight incl. Air Freight

Temporary repairs

Temporary Removals

50/50 clause

72 hrs. clause

Automatic Reinstatement clause

Claim preparation costs

Nominated loss adjustor clause - Names TBA by us

Lenders Name/Bank Hypothecation- TBA

Free Issue Material

Amendment in Fire Fighting wordings

No control clause -This Policy shall not be affected by failure of the Insured to comply with any provisions of this Policy (including the warranties or Conditions endorsed hereon) in any portion of the premises over which the Insured has no control.

SCHEDULE-B

Workmen compensation Insurance No of Workers- 400 Wages per month per employee- 30000 Medical Extension- 1 lac per incident

SCHEDULE-C

Professional Indemnity Insurance Project Period in Months- 2068 days Defect Liability Period in Months- 730 days ERP (Post DL Period)-1825 days Policy Period in Months- 4623 days Limit of Indemnity (AOY) -36 Crore AOA:AOY- 1:1

Territory & Jurisdiction- India

Coverage for Mitigation & Rectification cost Sub-limited to INR 25% of LOI

Additional Insured - Contractors & Sub Contractors ( incl. Consultant)

Professional enquiries/ consultation cost

Loss of Document/data

Defamation incl. libel & slander

Fraud & dishonesty of employees

Vicarious liability arising from action of insured/or its agents/or its subcontractors; joint venture- sub-limited to INR 25% of LOI

IPR Infringement cover excl. patents & trade secrets- Infringement of IPR – excluding patent and copyright

Defense cost

Waiver of Subrogation

Attendance cost- Witness Attendance – INR 50,000 per director and INR 25,000 per employee

Extended claims reporting period – 90 days

Breach of confidentiality covered

Outstanding Fees Endorsement

Crisis Management & Public Relations

SCHEDULE-D

Marine Insurance Policy Period-2068 Interest / Commodity- All kinds of items related to project (Rails, Turnouts, Expansion Joints, Moulds for Track slab, Synthetic Sleepers, Track Fastenings, Enclosed Arc Welding equipment/Solvent, Polymer Emulsion for CAM, Track Machinery) and other items/terms related to project. Total Sum Insured- INR 3000 CR ( 1000 Cr Indigious goods & 2000 Cr Imported from Japan & other countries) Voyage- Anywhere in India to Project Site Trail End Risk - Covered All Risk Cover Mode of Conveyance- Multimodel Excess:- 1 % of consignment value subject to a minimum of Rs 25,000/- for each & every claim

Brand Clause

Clean Up / Segregation Cost And Removal Of Debris Charges- Actual

Container, Trailer Demurrage Clause

Basis of Valuation-Invoice value(Inco Terms) +15%

Per Sending Limit & Per Bottom Limit- 100 Cr

Debris Removal Clause

Deemed Duty Clause

Deliberate Damage - Pollution Hazard Clause

Deviation Clause

Duty Draw Back Cover

Duty Insurance Clause

Express Freight Clause

Extension of Duration Clause- 15 Days

Institute Replacement Clause

Intact Seal Clause

Institute Replacement Clause

Intact Seal Clause

Pollution And Clean Up Clause

Refused Or Return Shipment Clause- Covered under ICC-B/ITC-B perils only.

Repacking Clause

Shutout Cargo Clause- Covered for 7 Days

Pair & Set Clause

Predispatch Survey at Port for All Risk Cover - Applicable - Else covered on ITC(B)+SRCC+TPND

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