Consultancy Charges. Administrative charges for the search assignment should be paid @ 15 days salary offered to the selected candidate from the candidate salary. The details for deduction are as below • Invoice will be raised after the 30th day from the candidate date of joining the client company • We will raise the invoice in the candidate name and send to the client for deduction of the salary and make the payment. • All bills have to be cleared within 7 days of raising the invoice. Post we will charge 10% of the outstanding invoice amount as late payment charges for every 10 days delayed. • The late payment charges have to be paid from the client company & not charged to the candidate • The above administrative charges are exclusive of service tax. • We don’t promise any retention guarantee for the above service.
Consultancy Charges. Unless otherwise expressly agreed by us in writing, subject to the Conditions, the Charges for our H&S Consultancy Service will be calculated on a time and materials basis in accordance the following rates (applicable for 1 April 2023 to 31 March 2024 only): • £50 + VAT per hour • £150 + VAT for half day (up to [4 hours)] • £300 + VAT for full day (up to [8 hours)] Payment Terms: Our Charges for H&S Consultancy Services are payable in advance (unless otherwise expressly agreed by us in writing) by Direct Debit and payment will be taken quarterly. In the event that the Customer does not have a Direct Debit set-up with us, the Customer shall pay each invoice submitted to it by GCVS for H&S Consultancy Service within 30 days of receipt.
Consultancy Charges. The charges for comprehensive consultancy services as detailed under RFP in respect of all the areas mentioned therein are agreed upon by both the parties at Rs………….(Rupees………………………….) on an all-inclusive basis (excluding taxes payable as per Indian laws). The consultancy charges are exclusive of the on-site support charges for 10 years after stabilisation. Taxes as applicable will be deducted at source, if required under the Indian laws and a certificate to this effect will be issued. The statutory fees/ charges/ taxes paid w.r.t the project shall be reimbursed on actual basis on production of original receipt/ challan. Further, the consultancy charges agreed upon shall remain fixed for the entire duration of the contract and shall not be revised due to any delay in completion of the project i.e. delay either by the Consultant or by the vendor/s engaged or due to force majeure or any delay caused in completion of the project beyond the control of the Bank, etc. except for the provisions contained under Para 5.19 of the RFP. However, price adjustment shall be paid as per the following formula - Vc = V x {(CI - CIo)/CIo}, where, Vc = Variation / Price Adjustment for the consultancy charges in Rs to be paid V = Value of consultancy job paid in the bills during the period under reckoning CI = Average of All India Consumer Price Index for industrial workers declared by Labour Bureau, Government of India as published in the RBI Bulletin during the period under reckoning. CIo = All India Consumer Price Index for industrial workers declared by Labour Bureau, Government of India as published in RBI Bulletin as last date of submission of tender. Clarifications:
