Loa Track Renewal Work Raipur
Loa Track Renewal Work Raipur
Loa Track Renewal Work Raipur
Letter No: RAIPUR DIVISION-ELECTRICAL / TRD-R-2022-
Dated: 05/06/2023
E08 / 10042170078507
M/s RADHE KRISHNA ENGINEERING-KATIHAR
DAULAT RAM CHOWK
KATIHAR
KATIHAR- 854105
Bihar, India
Sub: Letter Of Acceptance
Ref: 1. Tender No. TRD-R-2022-E08 closing date 13-04-2023 12:00 for TRD
works in connection to different Track renewal works
(TTR,TRR,CTR & CRR) over Raipur division.
2. Your bid ID 15056775 dated 13/04/2023 10:25
3. Your Negotiation bid IDs [ 15180593 dated 16/05/2023 10:27 ]
The Competent Authority has accepted your offered rates in connection with the
subject work. The total cost of the work at the accepted rates works out to Rs.
14622258.17 (Rupees One Crore Fourty-Six Lakh Twenty-Two Thousand Two
Hundred And Fifty-Eight Rupees And Seventeen Paise Only)
The entire work shall be completed within 18 month from the date of issue of
Letter of Acceptance.
Taxes and levies:: Taxes, GST and levies will be deducted at source as applicable as
per Railways terms and conditions.
GST :: Contractor is liable to be registered under GST Act, contractor shall liable to
pay GST amount to respective authority him self. The Contractor should submit the
certificate of GST at the time of submission of Bill. If Contractor is not liable to
registered under GST Act, Railway will deduct theGST as well as other taxes from
contractor's bill and deposited to concerned authority .As the GST act in force,
contractor will be responsible to submit the bill duly segregating the GST component
from the gross amount of work execution. And a TDS of 2% GST will deducted from
the running bill as per latest instruction.
TAXES AND ROYALTY:-: The GST ACT (all types)and Rules will be applicable for
this tender and ant changes in tax time to time will be recoverable as per extant rule .
With GST act in-force , it will be responsibility of service provides(i.e contractors) to
submit invoice(bills) duly segregating the GST component from the Gross amount of
work executed. The contractor is liable to pay any charges/fees levied by the local
authority/Government during execution. Income tax @ 2% plus surcharge & 2% GST
TDS as applicable time to time on the amount to be paid by the contractor in
pursuance of the contract which will be deducted from the bills preferred by him in
accordance with section 1204C of the Income Tax Act, 1961 as introduced through
finance Act of 1972 or as amended from time to time. 1% cess charges towards
Building and other Construction works (Regulation of Employment and Conditions of
Service) Act, 1996 is also liable to pay by the contractor. All the taxes levied by
Central or state govt. or introduced during currency of cont
Price escalation: : No price escalation clause will be Applicable since the prices are
firm.
Note:-: Banning of Rates:- The rates of Schedule A & B shall not be taken as LAR for
future rate refence.
All Other terms and conditions, as stipulated in the tender documents shall be
applicable.
PANCHAGNULA VENKATA SUBBAIAH
DEE TRD R
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