Slide Number - 1 -

Index

Sr.No. Description Page Number

1 Project Name, Perspective View 2

2 Salient Feature 3

3 Project Vital Data 4

4 Project Data 5

5 Control Estimate as on 31/01/2010 6

6 Labour Strength as on 31/01/2010 7

7 Labour Statement as on 31/01/2010 8

8 Major Machinery as on 31/01/2010 9

9 Staff Strength as on 31/01/2010 10

10 Revenue Achieved as on 31/01/2010 11

11 Revenue Projection 12

12 Outstanding Dues as on 31/01/2010 13

13 Safety Record as on 31/01/2010 14

14 Reconciliation Statement as on 31/01/2010 15

15 Quality Record (As per Customer Satisfaction Report) 16

16 Project Rating (As Per Project Manager) 17

17 Areas of Concern 18

18 Physical Progress Photographs 19

19 Contractual Appreciation Document 20

 Slide Number - 2 -

Residential Complex

Client Name : SWASTIK GROUP

 Slide Number - 3 -

Salient Features

Contract Value Rs. 2,231,239,174

Contract Period 38 Month

Project Start Date 01/11/2007

Revised Contract Period 55 Month

Revised Project End Date 31/05/2012

Scope of Work Entire Civil work including finishing together

with all services like, electrical, firefighting
plumbing & landscaping.

Approximate area of construction 888,582 Sq.ft.(Only Tower Area)

Any other special scope of work

No

Salient Features

Completed %
% of Completed
Total in the month Completed %
Trades Unit Contract Upto
Quantity of in Completed
Value 31/01/2010
31/01/2010 31/01/2010

Earthwork
L.S 1.05 - - - 0.830
Subcontract

Soling Sqm 6100.00 0.06 - - - -

Anti Termite Sqm 2649.00 0.005 - - - -

Concrete Cum 37170.00 13.51 1388.078 1.64 19853.658 8.06

Reinforcement Mton 4860.00 10.82 222.691 1.43 2600.3 6.74

Masonry Sqm 113569.00 1.59 4258.57 0.10 21083.98 0.34

Plastering Sqm 409195.00 3.85 - - - -

Flooring Sqm 124287.17 9.76 - - - -

Joinery &
Sqm 11396.45 2.44 - 0.11 - 0.11
wood work
Fabrication
RMT 11016.00 1.36 - - - -
work
 Slide Number - 4 -

False ceiling Sqm 723.00 0.03 - - - -

Waterproofing L.S 0.98 - - - -

Al.Windows L.S 3.72 - 0.078 - 0.078

Compound
L.S 0.41 - - - 0.07
Wall
Flyash bricks L.S 2.11 - - - -

Painting L.S 1.85 - - - -

Podium L.S 10.18 - 0.00 - 0.27

Infra Work L.S 4.51 - - - -

Nominated Sub
L.S 22.45 - 0.029 - 0.155
Contractor.
Plant and
L.S 1.54 309,333 0.016 27,469,737 1.206
Machinery
Staff Cost L.S 4.23 2,109,657 0.091 43,538,585 1.512
Direct
L.S 3.32 169,442 0.012 34,452,938 1.911
Overheads
Extra Item
L.S 0.22 0.03 0.22
(Misc.)
Total 100.00% 3.54% 21.50%

Project Vital Data

Job Number/Code
Job Name
Client Name
Client Address
Scope of Work (Initial) Entire Civil work including finishing together with all
services like, electrical, firefighting plumbing &
landscaping.

Project Start Date 01.11.2007

Contractual Date of Completion 31.12.2010
Contract Value (Original) Rs. 2,231,239,174

Location of Project

Client / Consultant Details with Contact Number

Client Representative & Contact
Number
Architect
Architect Representative
 Slide Number - 5 -

PMC Client
PMC Representative Client
Structural Consultant
Services (Plumbing, Electrical, HVAC
etc)
Liaison
Project Management & Contact Number
Project Coordinator
Project Manager
Planning Engineer
Billing Engineer
Construction Manager
PMC Coordinator Mr.Sandeep & Ms Mayuri
Contractual Conditions / Obligations
Penalty
Electric & Power supply Free Client supply
Limit for Interim Bill No Limit
RMC = 2 %,
Permitted Extra Over Theoretical Reinforcement Steel = 5 %
(EOT)
Cement =3%

Project Data
Mobilization Amount Rs. 89,249,567/- and Rs 78728983/- Total Rs. 167978550/-
Received on June 24, 2008 and November 20,2009
Recovered Till 31/12/2009 Rs. 21,405,141/-
RA Bill Number 26th
Balance Mobilisation Recovery Amount Rs. 235,822,976.00 /-
Mobilization Amount (Yet not Received) Rs. 22455357/-
Type of Bank
Value Validity Issuing Bank
Guarantee
Mobilisation Standard
19,000,000 31.12.2009
Advance Chartered Bank
Mobilisation Standard
30,000,000 30.06.2010
Advance Chartered Bank
Mobilisation Standard
Bank Guarantee (Type – 30,000,000 30.06.2010
Advance Chartered Bank
Advance/Performance/Retention)
Mobilisation Standard
51,074,285 30.06.2010
Advance Chartered Bank
Mobilisation Standard
62,074,285 31.12.2010
Advance Chartered Bank
Mobilisation Standard
62,074,285 31.12.2010
Advance Chartered Bank
Total 254,222,855
Billing & Certification Detail Certified till RA Bill No.22 dt. 31/08/2009
Billed Till 31/12/2009 Rs. 679,892,626/-
 Slide Number - 6 -

Outstanding Dues as on 31/12/2009 Rs. 109,028,625/-

Variations (Quantity) with reference to
Rs. 42,404,170/-
Instruction

Extra Items with reference to Instruction RS. 5,002,888/-

Claims Details
Decision on Claim from Client
Delays (Reasons, Period, cause & effect
Details shown in Areas of concern – From Client.
Analysis)
Basic Rate of Material supplied by Client
Material Base Rate
RMC-10 Rs. 3000 / cum
RMC-15 Rs. 3281 / cum
RMC-25 with high volume PFA Rs. 3200 / cum
M30 Rs. 3888 / cum
M40 Rs. 4280 / cum
Cement Rs. 250 / Bag
Steel Fe415 Rs. 38000 / Mton
Steel Fe500 Rs. 38500 / Mton
For other items sheet attached separately.
Note:- These rates were the basis for rate analysis for control estimate. Since the contract is not yet
finalised confirmation of the same is not on paper.

Major L.C Agencies

Sr.No. Name of Party Contract Amount
Major Sub Contractor Agencies 1
2
 Slide Number - 7 -
Control Estimate as on 31/01/2010
Estimate to Estimate at Variance to
Detail BUDGET BUDGET TO DATE ACTUAL
complete completion) date)
Revenue
Contract Revenue 2,231,239,174
Variation Revenue
Total Revenue
Direct Project Cost
Labour 196,684,245
Material/Spare 656,460,023
Sub Contractor
980,208,599
includes NSC
Total Direct Cost 1,833,352,867
Project Overhead
PNM 30,347,470
Overheads 75,631,865
Salaries 83,000,000
Total Indirect Cost 188,979,335

Total Cost 2,022,332,202

Margin
Profit to Revenue (%)
Salary to Revenue (%)

Note: NSC - Nominated Sub Contractors

The Revenue is not certain due to non certification of 23rd, 24th, 25th and 26th RA Bill.
 Slide Number - 8 -
Labour Strength as on 31/01/2010

Budgeted Budget to Date Budget To Date Actual Actual Variance Variance

Labour
Man Days Man Days Man Month Man Days Man Month Man Days Man Month Remarks
Category
Qty Qty Qty Qty Qty Qty Qty

Carpenter 230,961

Fitter 66,793

Male coolie
98,895
Including Mason

Mason for brickwork

65,599
incl.male coolie.

Mason for plaster

204,858
incl.male coolie.

Flooring mason 101,142

Carpenter joinery
66,336
work

Note:
Task work for Carpenter (A pair of 1 skilled, 1 semiskilled and 1 helper) = Appr. 4 sqm
Task work for Fitter (A pair of 1 Fitter, 1 Helper) = Appr. 145 kg
 Slide Number - 9 -
Labour Statement as on 31/01/2010

Labour Budgeted Actual Estimate to Estimate at

Budgeted Variance Remarks
Category To date To date complete completion

Carpenter 40,803,111

Fitter 15,027,120

Male Coolie
14,659,111
incl.Mason

Brickwork mason
10933215
incl.male coolie

Plaster mason
40,971,647
incl.male coolie

Flooring mason 60,685,052

Carpenter joinery
13,604,989
work

Total (In Rs.) 196,684,245

Does not match with Control Estimate

 Slide Number - 10 -
Major Machinery as on 31/01/2010
Budgeted Projected
Revised Variance Actual
Machinery as per Variance Demobilization Remarks
Budget Deployed
Tender Date

A B A-B C B-C
Batching Plant 1 1 0 1 0 08.05.2010

Transit Mixer 1 1 0 1 0 08.05.2010

Tower Crane 3 3 0 4 1 08.05.2010 One not in use

Air Compressor 1 1 0 3 -2 29.04.2012 One not in use

04.07.2010
Bar Bending machine 10 2 8 3 -1
29.04.2012
04.07.2010(2nos)
Bar Cutting Machine 0 3 -3 6 -3
29.04.2012(2nos)
14.07.2010
Builder Hoist 5 5 0 3 2 31.08.2010
19.09.2010
Vehicle 2 2 0 2 0 31.05.2012
15.11.2010
Concrete pump 2 2 0 3 -1
29.04.2012
Concrete mixer Bhai 1 1 0 1 0 30.04.2009 Not in use.

Concrete Mixer 0 1 -1 4 -3 29.04.2012

Dumper 1 0 1 0 0

Generator set 125KVA 2 1 1 1 0 31.05.2012

Generator set 25KVA 0 2 -2 0 2

Generator set 40KVA 0 2 -2 0 2

JCB 1 1 0 1 0 08.05.2010
15.11.2010(2nos)
Mini dumper 2 4 -2 3 1
29.04.2012
Pickup 1 1 0 1 0 31.05.2012
26.07.2010
Passenger lift 3 5 -2 5 0 14.09.2010 Two not in use
14.11.2010
Total Station 1 1 0 1 0 29.04.2012
2 nos are used
for Baching
plant which
are included in
installation
Pumps 10 6 4 14 -8
charges.1 is
being used by
client which
will be claimed
extra.
 Slide Number - 11 -
Staff Strength as on 31/01/2010
Budgeted Projected
Revised Variance Actual
Staff Category as per Variance Demobilization Remarks
Budget Deployed
Tender Date
A B A-B C B-C
Project Co-Ordinator 0 0 0 1 -1
General Manager
Project Manager 1 1 0 1 0 working as Project
Manager
General Manager 0 0 0 1 -1
Resource Co-Ordinator 1 0 1 0 0
Assistant Project Manager 0 2 -2 0 2
One working as a
Billing engineer, one
Junior Project Manager 0 0 0 3 -3
as Planning, one as
Quality incharge.
Planning Engineer 1 1 0 0 1
Two site engineers
Billing Engineer 2 4 -2 0 4 are working as
Billing Engineer.
One Senior engineer
is transferred to
Senior Engineer 5 8 -3 3 5
Lodha site in June
09
Site Engineer 13 11 2 6 5
Two Site Engineers
Quality Control Engineer 0 1 -1 0 1 are working as
Quality Engineer.
Assistant Quality Control
0 3 -3 0 3
Engineer
Quality Engineer 2 0 2 0 0
Assistant Engineer 0 0 0 2 -2
Junior Engineer 5 11 -6 8 3
Senior Civil Foreman 5 0 5 0 0
One working as
Foreman 1 16 -15 10 6
Surveyor.
Assistant Foreman 0 0 0 1 -1
Jr.Mechanical Engineer 1 1 0 1 0
Electrical Engineer 1 0 1 1 -1
Senior Supervisor 0 0 0 7 -7
Supervisor 7 40 -33 14 26
Assistant Supervisor 0 0 0 1 -1
Junior Supervisor 0 0 0 1 -1
Surveyor 1 2 -1 1 1
Electrician 3 7 -4 4 3
Helper 12 0 12 0 0
Mechanic 3 0 3 2 -2
Assistant Mechanic 0 0 0 1 -1
Technician 0 0 0 1 -1
Lab Technician 1 0 1 0 0
Fitter 0 0 0 2 -2
Cost Accountant 1 0 1 0 0
Store Keeper 2 2 0 2 0
Assistant Store Keeper 3 4 -1 3 1
Safety Officer 1 2 -1 2 0
Safety Steward 8 12 -4 2 10
Safety Supervisor 0 0 0 2 -2
Operator 21 21 0 10 11
Welder 0 3 -3 1 2
Driver 2 3 -1 3 0
Office Boy 4 3 1 0 3
Computer Operator 2 1 1 0 1
 Slide Number - 12 -
Budgeted Projected
Revised Variance Actual
Staff Category as per Variance Demobilization Remarks
Budget Deployed
Tender Date
Mechanical Engineer 0 0 0 0 -1
Trainee 0 0 0 3 -3

Revenue Achieved as on 31/01/2010

Cumulative Cumulative
Planned Billed (In Variance Cumulative
Month Planned (In Billed (In Remark
(In Lacs) Lacs) (In Lacs) (In Lacs)
Lacs) Lacs)

A B A-B C D C–D

DEC 09 57,598,363 48,951,240 8,647,123 699,782,380 421,629,649 278,152,731

JAN 10
 Slide Number - 13 -

Revenue Projection

Month Planned (In Lacs) Cumulative Planned (In Lacs) Remark

Apr 09 24,481,885 295,432,276

May 09 34,979,928 330,412,204
June 09 44,496,916 374,909,120
July 09 50,506,865 425,415,985
Aug 09 52,472,482 477,888,467
Sept 09 49,169,482 527,057,950
Oct 09 54,529,617 581,587,566
Nov 09 60,596,450 642,184,017
Dec 09 57,598,363 699,782,380
Jan 10 62,727,460 762,509,840
Feb 10 65,842,897 828,352,738
Mar 10 76,765,263 905,118,001
Apr 10 74,462,712 979,580,713
May 10 80,427,687 1,060,008,399
June 10 81,873,516 1,141,881,916
July 10 79,203,934 1,221,085,850
Aug 10 66,810,155 1,287,896,005
Sept 10 53,833,490 1,341,729,495 This Cash flow is
based on Control
Oct 10 56,328,171 1,398,057,666 estimate finalized
Nov 10 52,363,243 1,450,420,909 on……..For this
Dec 10 extra items are
51,488,288 1,501,909,197
not considered.
Jan 11 49,717,818 1,551,627,015
Feb 11 47,330,402 1,598,957,417
Mar 11 53,153,587 1,652,111,004
Apr 11 50,611,133 1,702,722,137
May 11 53,351,531 1,756,073,669
June 11 53,965,440 1,810,039,109
July 11 57,166,687 1,867,205,795
Aug 11 56,200,950 1,923,406,745
Sept 11 54,722,819 1,978,129,564
Oct 11 51,794,967 2,029,924,531
Nov 11 47,584,789 2,077,509,320
Dec 11 51,373,295 2,128,882,615
Jan 12 49,285,647 2,178,168,262
Feb 12 37,842,461 2,216,010,723
Mar 12 33,979,338 2,249,990,061
Apr 12 23,475,071 2,273,465,131
May 12 178,212 2,273,643,344
 Slide Number - 14 -

Outstanding Dues as on 31/01/2010

Upto Ra Bill No. 26 Dated

Amount Billed (A) Rs. 679,892,626
06/01/2010

Amount Certified (B) Upto Ra Bill No. 26 Dated 06/01/2010 Rs.568,682,806

Amount Short Certificate (upto

Rs. 111,209,820
RA 26)
Amount Received (Incl. TDS &
Rs.537,466,793
Service Tax)

TDS Certificate Not Received Rs.4,816,971

Service Tax/WCT Not Received Rs.4,787,381

Outstanding Dues

<30 Days Rs.

31 – 60 Days Rs.

60 – 90 days Rs.

91 – 120 Days Rs.

> 121 Days Rs.

Total Over Due Rs.

 Slide Number - 15 -

Safety Record as on 31/01/2010

Project To
Sr No. Description Staff Labour Total This Month
Date

1 Total Manpower

2 Worked

3 No. of Accidents

First Aid

Minor

Major

Near Miss

4 Total Man Days lost

5 No. of training Course

6 Trained Person

7 Defective Equipment

8 Induction Training attended By

 Slide Number - 16 -

Reconciliation Statement as on 31/01/2010

Steel

Work In Utilized for

Total Physical
Total Progress Non Recovered Allowable
Received Scrap Stock at EOT Remarks
Invoiced ( Not Chargeable by client EOT (%)
(steel) site
Billed ) Activity

3134.34 2771.930 67.000 48.602 58.650 185.000 2.066 5

RMC

Total Work In Utilized for Non Physical

Total Recovered by Allowable
Received Progress Chargeable Stock at EOT Remarks
Invoice client EOT (%)
(RMC) ( Not Billed ) Activity site

Cement

Utilized for
Total Work In Physical
Total Non Recovered Allowable
Received Progress Stock at EOT Remarks
Invoice Chargeable by client EOT (%)
(cement) ( Not Billed ) site
Activity

EOT = Extra Over Theoretical

 Slide Number - 17 -

Quality Record (As per Customer Satisfaction Report)

Sr No. Description Excellent Very Good Good Average Below Average

100% 85% 75% 60% 40%

1 Quality of work- 30%

2 Safety in the Work- 20%

3 Progress of Work- 20%

4 Co-ordination- 15%

Promptness in immediate action against the

5
requirement & complaint-15%

Total Percentage obtained

Remark: - Customer is satisfied, but further improvement is needed.

 Slide Number - 18 -

Project Rating (As Per Project Manager)

Sr. Description Rating

1 Quality of work to specified requirement

2 Progress of work against delivery commitments

3 Safety at site

4 Co-ordination

5 Cash-flow or payment from client

6 Resources utilization

7 Profit margin compared to Tender provision

8 Relation with Client

 Slide Number - 19 -

Areas of Concern
From Client  Site possession for Tower D & E was given 4.5 months after start of project.
 Introduction of Fire staircase has affected the work
 Introduction of tie beams between stilt and first floor level has affected the work.
 Introduction of break pressure tank at 13th floor level has affected the work.
 Flyash bricks were supplied quite late by client.
 All Nominated agencies are appointed very late which has delayed finishing work.
 Final Drawings for finishing work were received late which has delayed finishing work.
 Contract not yet finalized.
 Decisions are made quite late which is affecting the progress of work.
 Working space at Site is restricted due to construction of sales office, sample flat and
area reserved for Flyash Brick manufacturing yard.
 Compound wall work on west and north side held up due to non-clearance by MLDL.
 BOQ and G.C.C for Nominated agencies were finalized late.
 Deletion of internal plaster has delayed the brick work.
 Changes in the methodology of fixing of door frame have affected plastering work.
 Site possession and details for podium work are being released quite late.
 A frequent change in drawings is affecting work.
 Rate for Podium work yet not finalized.
 Payments against R.A bills are getting unduly delayed.
 Work front for podium is not available fully.
 Slide Number - 20 -

From Work Orders to be issued from HO for:

CONTRACTORL  Plumbing Works
 Electrical Works
 Fire Fighting Works
 Shortage of manpower especially carpenters and fitters, masons for external plaster.
From PRW/Sub  Quality of shuttering carpenters deployed is not proper.
Contractor/Vendor
 Inconsistency in deployment of manpower on regular basis.
 Slide Number - 21 -

Tower A, B and C.

Tower D and E.

Podium work – Phase II

UG TANK
 Slide Number - 22 -

IMPORTANT MOU CONDITIONS

 Slide Number - 23 -

CLAUSE HEAD DESCRIPTION OF PROVISION IN CONTRACT Pg No.

General Information
Name of the Project
May 27, 2008 ( Valid till 3 years from date of Execution unless
Date of MOU
terminated)
Date of Letter of Intent Not received
Date of Commencement
Date of Completion
 3 Years From Virtual Completion,
Defect Liability Period 17
 10 Yrs For Waterproofing
 When whole of the project works is substantially completed
CONTRACTOR to give notice to Technical Referee with copy
to Client accompanied by a written undertaking to finish
with due expedition any outstanding work during Defects
Liability Period.
Certificate of Virtual  If there are no defects then, technical referee shall within
Completion (VCC) 28 days of the date of delivery of such notice issue VCC.
 If there are defects affecting balance work then Technical
referee will notify this to CONTRACTOR & Client
 Once defects are rectified then issue VCC within 15 days.
 Before granting VCC to CONTRACTOR Technical referee
should also take Client’s review into account.
Contract Value Rs. 2,231,239,174/-
Employer
Architect

Structural Consultant

Priority of Documents
Date of Contract
-
Agreement
Entire Civil work including finishing together with all services
Scope of work
like electrical, fire fighting, plumbing and landscaping.
 If Client appoints……… as Main Contractor for the project
Responsibility 2
which shall include responsibility of
 Slide Number - 24 -

a. Construction Coordinator
b. Construction Manager
 Architects & Consultants will be appointed by Client to
Architect’s duties and
prepare drawings, designs & lay specifications for the 2
authorities
project.
Guarantees and Deposits
 Within 30 days of execution of the Construction Contract,
CONTRACOITR shall furnish a BG issued by Scheduled Bank
Performance Security of amount of 10 % of Contract Value which will remain in 11
force until 30 days after the date of Virtual Completion.
 This will be then replaced by Retention money Guarantee.
 Retention money Guarantee 2.5% of gross value of Final bill
Retention Money amount including extra items & claims & shall be valid until
11, 17
(Liability of Defects ) 30 days after the date of expiry of the Defects Liability
Period.
Advances
 With LOI ……..will receive Advance of 4% of estimated value
of project works as in LOI against BG of equal amount from
scheduled Bank
 Within 30 days of execution of the Construction Contract
Mobilisation Advance 4
between Client & CONTRACTR CONTRACTOR will receive an
advance equal to 8% of CV after deducting advances already
received by CONTRACTOR along with LOI.

 This advances will be recovered from next RA bill

Recovery of Mobilisation
proportionately such that entire advance is recovered till 85 4
Advance
% of the CV of the work has been completed.
Secured Material
Advance
Mobilisation, Commencement and Delays
Mobilisation Period
On receipt of complete drawings, designs, details, decisions &
Detailed Project specifications sufficient to evaluate the contract. CONTRACTOR
Schedule and other shall 25
initial submittals  Take off measurements
 Prepare BOQ based on schedule of items provided by Client
 Slide Number - 25 -

 Price the schedule of items

 Prepare list of resources with current & projected market
price.
 Overall cost for Engineering, Supervisory & other Staff, Plant
& Machinery & breakdown of project Overheads
 Prepare Construction Plan & Resource Schedule.
Intermediate Milestones
Night Work
Grounds for extension of
time
Notice requirements for
extension of time
 In case of slow down of work not attributable to
CONTRACTOR. CONTRACTOR to give such thing in writing to
client.
 Idle charges shall commence from 7th day of receipt of
written notice from CONTRACTOR after verification from
Suspension of work 19
Client.
 The idle charges shall be limited to 15 days so long as Client
gives notice for suspension or part suspension of work by
more than 90 days.
 Idle charges shall be limited to Rs. 300,000/- per day
 If delay is due to CONTRACTOR then, penalty of 1% of
Contract value or Gross final bill value whichever is higher
Liquidated Damages will be levied upto max of 5% of Contract value or Gross final 20
bill value will be recovered from Final bill or Performance
BG.

 Market prices of all resources shall be worked out.

 The aggregate of the “Direct Cost of the Project” (DCP) for
all sections & as discussed & agreed with client shall be
Rates 14, 13
known as “Provisional Sums” for the project.
 DCP shall comprise of Labour contractors, Materials, Sub
Contractor & Nominated Agencies.
 Slide Number - 26 -

 Rates for all Labour contractors shall be agreed & fixed in

advance & may be revised only in case of an increase of
rates beyond 10 % of initially agreed rates.
 Charge out rates for Engineering, Supervisory & Other Staff
employed at site for execution will be paid each month or a
part thereof.
 Charge out rates will be based on actual cost to
CONTRACTOR certified by Chartered Account of
CONTRACTOR & will be revised periodically as the salaries
are revised at CONTRACTOR.
 Charge out rates for PNM shall be based on average purchase
of the asset in books of CONTRACTOR as certified by
CONTRACTOR’S Chartered Account & the estimated useful
life of the asset & shall include cost of transportation &
installation.
 The schedule of PNM shall not be revised unless it is due to
variation or change in scope.
 Entire project overheads as discussed & agreed by
CONTRACTOR & client
Following Will Be Paid Directly By The Client
 All Statutory Dues/ Fees/ Charges/ Deposits Towards Any
a. Municipal Body
b. State Or Central Government Department
c. Electricity Board
d. Or Other Statutory Payments
Items which will be paid
 Insurance Premium To The Extent Not Included In 4, 5
on Actual
CONTRACTOR Scope Of Responsibility
 Payments To Various Architects & Consultants
 Payments To The Technical Referee To The Extent Required
To Be Paid By Client.
 Security Agency employed by Client
 Water & Electricity charges to concerned authorities.
Approval of extra items
 Change in contract value more than 10% then, advance
Limits amount & amount of the various BG & penalties shall be 19
proportionately amended.
 Slide Number - 27 -

 For any other resources including materials such as Cement,

RMC, Steel on which no agreement have been reached will
be billed at actual with mark up & taxes thereon
 Markup will be for resources procured for project execution
& utilized for project excluding any indirect taxes levied on
them.
 Mark up on Labour Contractor Bills, Material Bills,
Subcontractor Bills shall be 17.5% (16% towards Management
& 1.5% towards coordination)
Percentage of O/h and
 Mark up on Materials purchased for Nominated sub 13
Profits
contractor will be 9.5%
 Mark up on Nominated Agencies Bills shall be 9.5% (8%
towards Management & 1.5% towards coordination)
 Mark up on Engineering, Supervisory & other Staff charge
out rates shall be 16 % plus taxes.
 Mark up on PNM is 16% on amount billed at agreed charge
out rate plus taxes.
 No mark up on Project Overheads.

Employer’s Risks
Insurance covers

Submission of Interim
Every month
Bills
Minimum amount of
Not specified
Interim Bill
 Adhoc 50% of Value of RA bill within 7 working days of
receipt of bill & balance within 7 working days of the receipt
of Certificate of Payment.
 Once bill amount reaches 90% no adhoc payment will be
Release of payments made. Total amount due will be paid on within 7 working 17
days of the receipt of Certificate of Payment.
 Checking & verification of bills shall not take more than 14
working days for RA bills
 Slide Number - 28 -

 Checking & verification of bills shall not take more than 90

Payment against Final Bill 17
working days for Final Bills

 CONTRACTOR shall be entitled to recover from Client all

Taxes & levies such as work contract & service tax including
fresh levies if any as applicable on all payments due under
Taxes and duties the construction contract 17,18
 CONTRACTOR shall pass on the entire benefit it derives from
set off of all indirect taxes paid on the value of resources
provided for the use in project works to the Client.
Subsequent Legislation

 An Independent Technical referee acceptable to

Amicable Settlement CONTRACTOR shall be appointed by Client to adjudicate 4
between parties in case of differences or disputes.
Reference to Owner
 If disputes / differences are not resolved within 3 months
from the date of reference to Technical Referee then the
matter can be referred to arbitration by either parties in
courts of Mumbai.
Arbitration 19
 However CONTRACTOR should not stop the work during this
period.
 Payment for arbitration will be borne by jointly by Client &
CONTRACTOR.
Other Conditions
 First cut drawings to be provided by Architect will be studied
by CONTRACTOR & advice on changes & revisions which will
help in saving cost & time.
 Thereafter Project Architect appointed by Client will
appoint consultants for
Drawings 24
1. Structural,
2. Mechanical &
3. Electrical design
so that “Good for Construction” working drawings can be
prepared.
 Slide Number - 29 -

 All services drawings should incorporate the location of

inserts & cutouts to be provided in civil structure to cater
for services
 Coordinated drawings showing all services in one plan to
ensure the services do not clash at the time of execution.
 Along with the drawings each consultant should be asked to
provide the time frame within which it shall details like
1. Technical specification,
2. Details of finishes
3. Specification for fittings including brands
4. Schedule of items with approximate quantities.
 CONTRACTOR will study Drawings provided & other
information & raise list of queries & further drawings details
or decisions required to be provided.
Electric Power and Water Will be paid by Client 5
 Resources procured & not utilized due to variation or
Basic Rates of Materials
reduction in scope shall be paid by Client & no mark up will 18
supplied by Owner
be paid on the same.
 All scrap generated due to project works shall be property
of Client.
 Except to the extent of the variation or change in the scope
Wastage Norms 18, 12
of the work, CONTRACTOR shall bear in full the cost of
resources consumed in excess of that assumed in
“Provisional Sums”
Shifting of material
Statutory Approvals
 All consultants need to provide as built drawings as final
As-Built Drawings 25
records of completed work.
Subcontracting
Others  No part or section of the work may be removed from the
scope to be executed through CONTRACTOR with the view
to save on costs or have it executed by or through another
15, 13
party.
 Client or CONTRACTOR agreed not to solicit for
employment any staff directly or indirectly for a period of
 Slide Number - 30 -

at least 1 year after they have left the service of the other
party.