M AHAVITARAN INFRASTRUCTURE P LAN SECTION 7: CONDITIONS OF P ARTICULAR APPLICATION S ECTION 7 PART II: CONDITIONS OF PARTICULAR APPLICATION Note: This Part II - Particular Conditions of Contract contains only modifications or amendments made to the Part I - General Conditions of Contract which are specific to this Contract. Clauses that do not contain any changes are therefore not mentioned herein. CLAUSE 4 THE CONTRACTOR Sub-Clause 4.20 Employer Supplied Machinery and Materials Insert the following paragraph after the first paragraph in Sub-Clause 4.20: “The Employer will not supply any machinery or materials for this Contract.’” CLAUSE 7, PLANT, MATERIALS AND WORKMANSHIP Sub-Clause 7.2 Delivery to Site Insert the following paragraph after the first paragraph in Sub-Clause 7.2: “For those items of Plant and Equipment that require inspection at the manufacturer’s plant before delivery (pre-dispatch inspection), the Contractor shall be responsible to ensure that the goods are delivered to the Site within 14 days of approval by the Employer’s Representative or Third Party Inspector, as the case may be. In case the Contractor fails to deliver the goods to the Site within this time, the said approval will automatically lapse and the goods will require re-inspection and re-approval before delivery is made. In such case, the Contractor will bear all costs associated with such re-inspection, and the Employer will be entitled to recover such costs from any amounts due or to become due to the Contractor.” CLAUSE 13 CONTRACT PRICE AND PAYMENT Sub-Clause 13.4 Interim Valuation Insert the following paragraph after the first paragraph in Sub-Clause 13.4.2: 13.4.2 Progressive Payments for Major Plant and Equipment: Items which are deemed to be “Major Plant and Equipment” for the purposes of making payment under this Sub-Clause shall be as listed on Annexure 1 to this Part II, or such other items as may be mutually agreed by the Employer and the Contractor. Delete the text of Sub-Clause 13.4.4 and replace it with the following text: 13.4.4 Procedures for Interim Valuations: The above procedures notwithstanding, interim valuations for the purposes of determining payments to be made to the Contractor by the Employer will be made on a progressive basis, subject to approval by the Employer’s Representative and the conditions summarized in the following Table. The designation “P” means progressive monthly payments up to the limits indicated, based on progress made by the Contractor. The designation “LS” means that a lump sum payment will be made upon successful completion of the activity described. M AHARASHTRA STATE E LECTRICITY DISTRIBUTION COMPANY LTD. P AGE 1 OF 5 M AHAVITARAN INFRASTRUCTURE P LAN SECTION 7: CONDITIONS OF P ARTICULAR APPLICATION Payment Schedule for Interim Valuations (Reference to Sub-Clause 13.4.2) Payment Type of Description (in % of Major Activity Payment (Stage of Work) Total Price) Schedule 2: Designs, Drawings and Documentation Mobilization of survey teams and subsoil investigation Site surveys and subsoil P 10% crews to the Site and commencement of work investigations L.S. (each item) Detailed designs and construction documents P 60% 30% 20% 60% 20% Other documents LS 100% (Each Item) Schedule 3: Civil Works and Other Services General civil works (Site P 60% clearance, excavation, backfilling, site grading, fencing, road works, 20% drainage structures, buildings, and other miscellaneous works as defined in the Schedule of 15% Prices) LS 5% M AHARASHTRA STATE E LECTRICITY DISTRIBUTION COMPANY LTD. Completion of field surveys and subsoil investigations Balance payable on submission of surveys and soils investigation reports, listing of ROWs, authorities and quantities, and acceptance by the Employer’s Representative Submission of preliminary designs, drawings and other construction documents. Completion and submission of the final designs, drawings and construction documents for all major items of work, and approval by the Employer’s Representative Balance payable on submission and approval by the Employer’s Representative of the final designs and construction documents for miscellaneous construction details and working drawings. Completion, submission and approval by the Employer’s Representative of all other documents as required under the Contract. Progressive payments proportionate to the progress achieved prior to pre-commissioning, up to 60% of the contract price for the subject item. Progressive payments commensurate with the progress achieved upon completion of pre-commissioning of the Facility and issue of the Taking-Over Certificate by the Employer’s Representative. Progressive payments commensurate with the progress achieved for successful completion of the Guarantee Tests and Commissioning of the Section and issue of the Performance Certificate for that Section by the Employer’s Representative, subject to satisfactory cleanup, removal of debris and Contractor’s equipment and materials, final grading and restoration of the Site(s). Balance payment upon completion of all the Works under the Contract and issue of the last Performance Certificate by the Employer’s Representative. P AGE 2 OF 5 M AHAVITARAN INFRASTRUCTURE P LAN SECTION 7: CONDITIONS OF P ARTICULAR APPLICATION Payment Description (in % of Major Activity Total (Stage of Work) Price) Schedule 4 (Part): Supply and Delivery of Plant and Equipment for Incorporation in the Permanent Works Progressive payments commensurate with the progress Part 1: Supply and P 60% achieved for supply and delivery to the Site, acceptance delivery of Major Plant by the Employer’s Representative, and proper storage of and Equipment, including accessories and Major Plant and Equipment, including accessories and miscellaneous items to be incorporated into the miscellaneous items Permanent Works. Payment shall be made based on the Contract Price for supply and delivery under the subject Activity. Progressive payments commensurate with the progress 20% achieved for completion of erection/ installation and precommissioning of the Facility and issue of the TakingOver Certificate by the Employer’s Representative. Progressive payments commensurate with the progress 15% achieved for successful completion of the Guarantee Tests and Commissioning of the Section and issue of the Performance Certificate for that Section by the Employer’s Representative. Balance payment upon completion of all the Works LS 5% under the Contract and issue of the last Performance Certificate by the Employer’s Representative. Schedule 4 (Part): Erection, Installation, Testing, Commissioning and Guarantee of Plant and Equipment Progressive payments commensurate with the progress Part 2: Erection, P 80% achieved for completion of erection/ installation and preinstallation, testing, commissioning and commissioning of the Facility and issue of the TakingOver Certificate by the Employer’s Representative. guarantee of Major Plant and Equipment, including Payments will be made based on the Contract Price for accessories and erection, installation, testing, commissioning and miscellaneous items guarantee under the subject Activity. Progressive payments commensurate with the progress 15% achieved for successful completion of the Guarantee Tests and Commissioning of the Section and issue of the Performance Certificate for that Section by the Employer’s Representative. Balance payment upon completion of all the Works LS 5% under the Contract and issue of the last Performance Certificate by the Employer’s Representative. Type of Payment Insert the following paragraphs after the first paragraph in Sub-Clause 13.17: Sub-Clause 13.17 Adjustment for Changes in Cost 13. 17.2 Adjustment Formula: The amount to be added to or deducted from the Interim Payment Certificates for changes in cost (price variation) for the Major Plant and Equipment shall be determined in accordance with the procedures and formulae set out in Volume III – Price Variation Formulae. While applying the price adjustment formulas contained therein, the Employer will consider 80% of the Contract Price for supply and delivery of the major items of Plant and Equipment that are listed in the Table headed as “List of Items Eligible for Price Variation” in Volume III as the Base Price for valuing variations. 13. 17.3 Adjustable Amount: The adjustable amount of each Interim Payment Certificate shall be the difference between (i) the amount which, in the opinion of the Employer’s Representative, shall be due to the Contractor pursuant to Sub-Clause 13.7, Payment, including the amount at base rates and prices of the scheduled work carried out, and (ii) the amount as calculated in (i) above and included in the last preceding Interim Payment Certificate issued by the Employer’s Representative. M AHARASHTRA STATE E LECTRICITY DISTRIBUTION COMPANY LTD. P AGE 3 OF 5 M AHAVITARAN INFRASTRUCTURE P LAN SECTION 7: CONDITIONS OF P ARTICULAR APPLICATION 13. 17.4 Adjusted Amount: The adjusted amount of each Interim Payment Certificate shall be determined by applying the Price Adjustment Factor to the adjustable amount, and shall become payable to the Contractor in accordance with the provisions of Clause 13.7, subject to any deductions therefrom for penalties, liquidated damages, or any other monies due to the Employer from the Contractor. 13. 17.5 Dates for Application of Changes in Cost: Work which is carried out during the first six (6) months of the Time for Completion will be carried out at the base rates and prices in accordance with the payment Schedule, and will not be subject to any adjustment for rises or falls in the cost of labor, equipment, plant, materials or other inputs to the Works. Increases or decreases in the cost of such inputs shall be adjusted on a monthly basis thereafter. The first statement of price adjustment will be prepared at the end of the seventh month after the Commencement Date, and the work done during the seventh month shall be taken into account for the purpose of calculating any price adjustment for that month in accordance with the procedures set forth in Volume III, Section 8, Price Variation Formulae. For subsequent statements, the cost of the work done during every month shall be taken into account. At the completion of the work, the work done during the last month, or fraction thereof, shall be taken into account. 13. 17.6 Adjustment due to Shortfall in Progress: In the event the Contractor fails to attain the rate of progress, as per the approved program and schedule of progress, in the seventh and subsequent months of the construction period and the shortfall in progress is covered up by him during subsequent months within the Intended Completion Period then the price adjustment of such work which was scheduled to be done in the previous month shall be notionally given based upon the price index which would be applicable for that month in which such work was required to be done. 13. 17.7 Failure to Complete Within the Time for Completion: If the Contractor fails to complete the whole of the Works within the Time for Completion, adjustment of prices thereafter until the date of completion of the Works shall be made using either each index or price applicable on the date forty nine (49) days prior to the expiry of the Time for Completion, or the current index or price, whichever is more favorable to the Employer; provided that, if an extension of time is granted in accordance with Sub-Clause 8.3, the above provision shall apply to the extended time for completion. 13. 17.8 Submission of Claims: The Contractor will be responsible to submit his claim for Price Variation of Major Plant and Equipment along with his claims for Interim Payments, duly calculated as per the applicable formulae and supported by relevant IEEMA circulars. M AHARASHTRA STATE E LECTRICITY DISTRIBUTION COMPANY LTD. P AGE 4 OF 5 M AHAVITARAN INFRASTRUCTURE P LAN SECTION 7: CONDITIONS OF P ARTICULAR APPLICATION Annexure 1 LIST OF MAJOR PLANT AND EQUIPMENT ELIGIBLE FOR PROGRESSIVE PAYMENTS 1. Transformers – Distribution and Power (Aluminum and Copper Wound) 2. XLPE Cables – HT 3. XLPE Cables – LT 4. P.V. Cables – HT 5. P.V. Cables – LT 6. RSJ Poles / PSC Poles 7. Circuit Breakers (Control Relay Panel) / Ring Main Unit 8. Distribution Boxes 9. Insulators 10. Isolators 11. Batteries 12. Battery Chargers 13. Conductors 14. Capacitors 15. Energy Meters M AHARASHTRA STATE E LECTRICITY DISTRIBUTION COMPANY LTD. P AGE 5 OF 5