Specifications

62
NLUO PMC CONTRACTOR
SIGNATURE AND SEAL SIGNATURE AND SEAL SIGNATURE AND SEAL
MOBILISATION ADVANCE
At the request of the Contractor mobilization advance to a maximum of 10.0 % (Ten Percent) of the contract amount against
Bank Guarantee from a Nationalized Bank shall be paid by NLUO . This shall be paid in two equal installments against
equivalent Bank Guarantee . The First Installment of mobilization advance of 5 % ( five percent) of contract value shall be
paid at the time of award of work and on certification of proper and satisfactory mobilization at site. Balance mobilization
advance of 5% (five) of contracts value against Bank Guarantee bonds from Nationalized Bank shall be payable after
submitting the 1
st
RA bill. However the first installment of mobilization advance will be released on the finalization of bar
chart duly approved by NLUO and signed by the Contractor, and Project Director, receipt of certificate from Project Director
and Architect/ PMC regarding satisfactory mobilization at site.
RECOVERY OF MOBILISATION ADVANCE
Total mobilization advance shall be recovered from the RA bills In Pro-rata basis when the work done value reaches 15% of
the contract value till the work done value reaches 85% of the contract value.
Certificate of Payment
The contractor shall be entitled under the certificates to be issued by the NLUO to the contractor within 10
working days from the date of certificate to the payment from NLUO from time to time . The NLUO shall
recover the statutory recoveries other dues including the retention amount from the certificate of payment.
The scrutiny committee can verify as and when required after verified by PMC.
Provided always that the issue of any certificate by the Architect/ consultant during the progress of works or
completion shall not have effect as certificate of satisfaction or relive the contractor from his liability under
clause.
The PMC/Consultant shall have power to withhold the certificate if the work or any part thereof is not
carried out to their satisfaction.
The PMC/ Consultant may be any certificate make any correction required in previous certificate.
The NLUO shall modify the certificate of payment as issued by the Architect/ consultant from time to time
while making the payment.