Common use of Monitoring and supervision Clause in Contracts

Monitoring and supervision. Monitoring and supervision of construction are proposed to be undertaken through railway engineer to be designated as ‘Authority’s Engineer’. He would be assisted by requisite organizational support for day-to-day interaction between the Authority and the contractor. Typical organizational structure proposed to be followed for Authority’s Engineer shall be in line with the organizational set up being followed by DMRC for monitoring and supervision of their EPC contracts. The Authority’s Engineer will act as a single window for coordination with the contractor. The Agreement provides for the schedule indicating the timeline within which Authority will ensure the clearances of design proposals submitted by the contractor. Any comment by the Authority on the design proposals submitted by the contractor will be communicated in totality once in a time-bound manner as indicated in the schedule. The contractor will be free to proceed with construction after the expiry of specified period in case no remarks/clearances are given by the Authority. Milestone based payments: A simple and rational method for estimating interim payments to the Contractor has been provided in the Agreement. It ensures that payments are made for works conforming to the Agreement and commensurate with the stages of completion of works. Works have been broadly divided into three categories, namely, civil and track works, signalling and telecommunication works and electrification works, which could be taken together under a single project or separately under different projects. Each item of work has been further sub-divided into stages and payment will be made for each completed stage of work. A provision has been made for damages which the Contractor shall pay to Authority for not achieving the prescribed milestones. Authority will pay bonus to the Contractor for completion of the project before the scheduled completion date. Defects liability period: Though normally a defects liability period of one year is specified in most contracts, a defects liability period of two years has been specified in the Agreement in order to provide additional comfort to the Authority.

Appears in 4 contracts

Samples: Procurement and Construction Agreement, Procurement and Construction Agreement, Procurement and Construction Agreement

AutoNDA by SimpleDocs

Monitoring and supervision. Monitoring and supervision of construction are proposed to be undertaken through railway an engineer to be designated as ‘Authority’s Engineer’. He , who would be assisted by requisite organizational support for day-to-day interaction between the Authority and the contractorContractor. Typical organizational structure proposed to be followed for Authority’s Engineer shall be in line with the organizational set up being followed by DMRC for monitoring and supervision of their EPC contracts. The Authority’s Engineer will act as a single window for coordination with the contractor. The Agreement provides for the schedule indicating the timeline within which Authority will ensure the clearances of design proposals submitted by the contractor. Any comment by the Authority on the design proposals submitted by the contractor will be communicated in totality once in a time-bound manner as indicated in the schedule. The contractor will be free to proceed with construction after the expiry of specified period in case no remarks/clearances are given by the Authority. Milestone based payments: A simple and rational method for estimating interim payments to the Contractor has been provided in the Agreement. It ensures that payments are made for works conforming to the Agreement and commensurate with the stages of completion of works. Works have been broadly divided into three categories, namely, civil and track works, signalling and telecommunication works and electrification works, which could be taken together under a single project or separately under different projects. Each item of work has been further sub-divided into stages and payment will be made for each completed stage of work. A provision has been made for damages which the Contractor shall pay to Authority for not achieving the prescribed milestones. Authority will pay bonus to the Contractor for completion of the project before the scheduled completion date. Defects liability period: Though normally a defects liability period of one year is specified in most contracts, a defects liability period of two years has been specified in the Agreement in order to provide additional comfort to the Authority.

Appears in 1 contract

Samples: Procurement and Construction Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.