Specifications

43
NLUO PMC CONTRACTOR
SIGNATURE AND SEAL SIGNATURE AND SEAL SIGNATURE AND SEAL
a) To rescind the contract ( of which rescission notice in writing to the contractor by the PMC/ Consultant shall
be conclusive evidence) and in which case the security deposit of the contractor shall be forfeited and be
absolutely at the disposal of NATIONAL LAW UNIVERSITY, ODISHA.
b) To employ labour paid by the NLUO and to supply materials to carry out the work, or any part of the work,
debiting the contractor with the cost of the labour and materials ( the cost of such labour and materials as
worked out by the PMC/ Consultant shall be final and conclusive against the contractor) and crediting him
with the value of the work done, in all respects in the same manner and at the same manner and at the same
rates as if it had been carried ;out by the contractor under the terms of this contract the certificate of PMC/
Consultant as to the value of work done shall be final and conclusive against the contractor.
c) To measure up the work of the contractor, and to take such part thereof as shall be unexecuted, out of his
hands, and to give it to another contractor to complete in which case any expenses which may be incurred in
excess of the sum which would have been paid to the original contractor, if the whole work had been
executed by him (of the amount of which excess the certificates in writing of the PMC/ Consultant shall be
final and conclusive) shall be borne by original contractor and may be deducted from any money due to him
by NLUO under the contract or otherwise, or from his security deposit o the proceed of sale thereof, or
sufficient part thereof. In the event of any of above courses being adopted by the NLUO the contractor shall
have no claim to compensation for any loss sustained by him by reasons of his having purchased or procured
any material or entered into any engagements or make any advances on account of, or with a view to the
execution of the work or the performance of the contract and in case the contract shall be rescind under the
provision aforesaid, the contractor shall not be entitled to recover or to be paid any sum or any work thereto
for actually performed under this contract, unless, and until the PMC/ Consultant will have certified in
writing the performance of such work and the value payable in respect thereof, and he shall only be entitled
to be paid the value so certified.
21.0 NLUO has right to terminate the contract
If the contractor being an individual or a firm commit any ‘Act of insolvency’ or shall be adjusted an
insolvent or being an incorporated company shall have an order for compulsory winding up voluntarily or
subject to the supervision of Govt. and of the Official Assignee of the liquidator in such acts of insolvency
of winding up shall be unable within seven days after notice to him to do so, to show to the reasonable