Specifications

NLUO PMC CONTRACTOR

SIGNATURE AND SEAL SIGNATURE AND SEAL SIGNATURE AND SEAL

16.0 Commencement of Works:

The date of commencement of the work will be reckoned as the date of handing over site by joint signature

of contractor, PMC & NLUO or three days from the date of issue of letter of acceptance of the tender by the

NLUO whichever is later.

17.0 Time for completion

Time is essence of the contract and shall be strictly observed by the contractor. The Work shall be completed

within a period of 120 calendar days from the date of commencement work. If required in the contract or as

directed by the Architect/ consultant. The contractor shall complete certain portions of work before

completion of the entire work. However the completion date shall be reckoned as the date by which the

whole work is completed as per the terms of the contract.

18.0. No compensation or restrictions of work

If at any time after acceptance of the tender NLUO shall decide to abandon or reduce the scope of work for

any reason whatsoever and hence not required the whole or any part of the work to be carried out. The

Architect/PMC/ shall give notice in writing to that effect to the contractor and the contractor shall act

accordingly. In the matter. The contractor shall have no claim to any payment of compensation or otherwise

whatsoever, on account of any profit or advantage which he might have derived from the execution of the

work fully but which he did not derive in consequence of the foreclosure of the whole or part of the work.

Provided that the contractor shall be paid the charges on the materials carried only actually and confide

brought to the site of the work by the contractor and rendered surplus as a result of the abandonment,

curtailment of the work or any portion thereof and then taken back by the contractor, provided however that

the NLUO shall have in such cases the option of taking over all or any such materials at their purchase price

or a local current rate whichever is less.

“In case of such stores credit shall be given to him at the rates not exceeding those at which were originally

issued to the contractor after taking into consideration and deduction for claims on account of any