McNally Bharat Bags Colony Houses Project In Odisha
McNally Bharat Engineering Company Limited has received one order from NLC India Limited relating to work of "Construction of 544 nos of Colony houses and community hall including internal Electrification - Phase-I for Talabira & III OCP - proposed R&R colony at Khinda Odisha" worth INR 1079.735730 million with the following specification:
The breakup of the above-mentioned contract price is as mentioned below:
Order Value: INR 915.030280 million
GST: INR 164.705450 million
Total: INR 1079.735730 million
General Terms and Conditions:
a) The scope of work of the Contract includes providing necessary labour, materials, construction equipment, tools and plants, appliances, temporary works, supply and delivery to site, storage at the site, construction, Electrical lighting works etc for the proper completion of work in accordance with the Tender Specifications.
b) The completion period of the entire work is 24 months (Twenty Four months) for the date of handing over the site.
c) On receipt of the order, a detailed L2 network for the execution of the project shall be submitted by MBE for the total value of the project with the price breakups of all items as per which the payment shall be regulated.
d) All bank charges, in connection with the payment to be made to McNally BharatEngineering Company Limited (MBECL) and in connection with B.G. shall be borne and paid by MBECL.
e) Income taxes and other taxes as applicable as per statutory obligation/enactments shall be progressively deducted from payments released to MBECL. GST shall be claimed by MBECL progressively with every invoice.
- Issued By:NLC INDIA LIMITED
- Bagged By:
- Region:Eastern India
- Value:INR 1079.735 Million
- Published On:2018-09-04