Indian Institute Of Technology Tender

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Indian Institute Of Technology - IIT Tender

Works
Civil And Construction
Civil Works Others
Eprocure
Opening Date15 May 2025
Closing Soon5 Jun 2025
Tender Amount₹ 40,86,000 
Notes
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Costs

Summary

Hire Charges For Providing And Fixing Hard Barricading For Proposed Nac Iii At Iit Madras

Description

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1. The barricading shall be provided by the contractor for period of 36 months. Upon completion of the project, the same shall be removed by the barricading contractor. 2. 50% of the quoted rate shall be paid upon completion of the barricading work 3. 25% of the quoted rate shall be paid on the 1st year from the date of completion of barricading work 4. 25% of the quoted rate shall be paid on the 2nd year from the date of completion of barricading work. 5. The repairs to the barricading, if any during the construction period shall be executed by the barricading contractor. The amount for the same shall be paid on an actual basis. 6. If the barricading is to be retained beyond 36 months from the date of completion, 1% of the quoted amount will be paid as a hire charge for every additional month.

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