Specifications

NLUO PMC CONTRACTOR

SIGNATURE AND SEAL SIGNATURE AND SEAL SIGNATURE AND SEAL

and the parties hereto will respectively abide by and submit themselves to the Conditions and stipulations and perform

the agreements on their parts respectively in such conditions, specifications.

5. NLUO AND THE CONTRACTOR bind themselves, and successors in interest, executors, administrators and

assigns of administers and assigns of such other party in respect of all covenants of this Agreement.

6. The said contract comprise the works above mentioned and all subsidiary works connected therewith within the same

site, as may be ordered to be done from time to time by the said NLUO even though such works may not be shown on

the Tendered Drawings or described in the said specifications or the Description of works but may be fairly intended

for Successful completion & functioning of the project. This is a fixed cost contract and no escalation is payable.

Abnormal increase in the cost of materials or abnormal delay in completion of the project shall not be compensated for

by escalation. It is explicitly instructed that the Interior contractor shall provide for all necessary assistances as supply

of tools, machinery, materials to all and such other agencies directly engaged by NLUO in time for the execution and

completion of the Works.

7. NLUO reserves to himself the right of altering the Tendered Drawings and nature of work and of adding to or omitting

any items of work or of having portions of the same carried out departmentally or otherwise be carried out without

prejudice to this contract and the contractor shall not be entitled to any remuneration or compensation on such work.

The contractor shall not have any right to object to same.

8. The contractor shall not assign, sublet or transfer his/their interest in this agreement without the written consent of

NLUO.

9. The contractor shall afford every reasonable facility to the representatives of the said NLUO for inspection, checking

or otherwise to the site to enable them to find out the actual carrying out of all works in the manner laid down in the

said conditions.

10. If the contractor shall fail to comply with any of his obligations hereunder or shall he wind-up or his business shall be

dissolved or any receiver is appointed or any attachment is made in respect of any of his properties or the contractor

shall otherwise fail or neglect to complete the said work within the stipulated period, then or on the happening of any

such event the “NLUO” shall be entitled to cancel this Contract and to get the unfinished work done at the cost & risk

of the contractor / by a third party & if NLUO suffers any Losses in this regard NLUO shall look to the contractor for

the same viz., payment or reimbursement to such losses. The decision of the said NLUO in regard to the quantum of