New Okhla Industrial Development Authority Tender

The bid capacity required in the given tender to bid having value is: - Earnest Money Deposit (EMD): Rs. 4,80,000/- - Security amount deduction: 10% from each running bill, with a maximum limit of 5% of the contract bond amount, including earnest money. - Labour Cess: 1% of the contractor's rates. - Royalty charges: to be paid by the contractor as levied by the state/central government. Formulas: - Dry density must be achieved to the extent of not less than 95% of proctor's density for earth work in filling. - Deduction of 10% on the measured cubical content of compacted earth for patries (shoulder of road). - Quantity for payment: theoretical quantity (based on proposed formation level) or actual quantity (based on actual finished level), whichever is less. - Standard sectional weights for reinforced steel: as per IS code 1786-19 and specified tables. Additionally, other formulas mentioned include: - Deduction of 7.5% for voids after stack measurements of stone aggregate. - Penalty of Rs. 1000/- per day for delay in signing the agreement beyond ten days from the date of award of work. - 25% variation in quantities. - 2% and 3% for work more than or up to Rs. 10.00 Lac. - 0.5% per one percent upto 10% below rate - 1% per one percent on rate quoted beyond 10% below rate for performance guarantee/security.