MEASUREMENTANDPAYMENT Clause Samples

MEASUREMENTANDPAYMENT. Except where any general or detailed description of the work in quantities provides otherwise, measurements of work done shall be taken in accordance with the relevant standard method of measurement as applicable to the schedule of quantities/schedule of work /specification to the contract. In the case of items not covered by any of the aforesaid contract documents, measurement shall be taken in accordance with the relevant standard method of measurement issued by the Indian Standard Institution. 8.1 All items of work carried out by the contractor in accordance with the provisions of the contract having a financial value shall be entered in the Measurement Book/Log Book, etc. as prescribed by the company so that a complete record is obtained of all work performed underthe contract andthe value of the workcarried out canbeascertainedand determined therefrom. 8.2 Measurements shall be taken jointly by the Engineer-in-charge or his authorized representative and by the contractor or his authorized representative. 8.3 Before taking measurements of any work, the Engineer-in-charge or the person deputed by him for the purpose shall intimate the contractor to attend or to send his representative to attend the measurement. Everymeasurement thustaken shallbe signedand dated byboth the partieson the site on completion of the measurement. If the contractorobjectsto anyof themeasurements, a note to that effect shallbemade in the Measurement Book /Log Book and signed and dated by both the parties. 8.4 In the event of failure on the part of contractor to attend or to send his authorized representative toattend themeasurementafterreceivingthe intimation, orto countersignor to record objection within a week from the date of the measurement, the measurement taken bythe Engineer-in-charge orbyhisauthorized representative shallbe taken to be the correct measurement of the work done. 8.5 Payment on Account - The Contractor shall submit interim bill/bills for the work carried out/materials provided in accordance with the contract. The Engineer-in-charge shall then arrange for verification of the bill/bills with reference to the measurements taken or to be taken or any other records relevant for the purpose. 8.6 Payment on account shall be made on the Engineer-in-charge certifying the sum to which the contractor is considered entitled by way of interim payment for the work executed as covered by the bill/bills after deducting the amount already paid, the security deposit and suc...