Calculation of Handling Charges Sample Clauses

Calculation of Handling Charges. The Handling Charges shall be payable for actual bags handled as part of the activities mentioned as Table 3 above. No separate Handling Charges shall be payable for activities other than specified at Table 3 above. The total Handling Charges payable shall be as follows Total Handling Charges payable for bag related handling in the nth Financial Year in Rupees = (Unit Rate ofHandling Charges for nth Financial Year in Rs per bag ) X (No of bags unloaded/de-bagged/loaded/stacked) Where  Unit Rate for Handling Charges for nth Financial Year in Rs per bag = [Base Unit Rate of Handling Charges as per Table 3 above ] X [1 + (80% X (CPIn – CPIb)/ CPIb)]  CPInis the annual average of All India Consumer Price Index for Industrial Workers published by Labour Bureau, Government of India for the month of January immediately preceding the date of revision ; and  CPIbis the annual average of All India Consumer Price Index for Industrial Workers published by Labour Bureau, Government of India for month January immediately preceding the start of the Base Year mentioned at Table 1 above  Bags handled to be determined from Pre-Acceptance Report and Dispatch Report Schedule J: Damages for shortfall in Services and Non-Conformance on quality and quantity Quantity loss at the time of stock taking Damages payable for shortfall in quantity of Food Grains at the time of dispatch shall be higher of  Procurement Price plus 20% (twenty per cent) thereof:  the highest wholesale price at which a transaction of sale of Food Grains occurred during the preceding 6 (six) months at the nearest wholesale market for Food Grains; and  The Economic Cost published by FCI. The Economic Cost in the year the loss is reported to be considered. Quality loss at the time of dispatch Value cut as applicable under FAQ norms If the stock is not in compliance with FAQ norms, Damages payable at Economic Cost Delay in handling trucks/ trains Damages at the rate of Rs 20 per ton for every hour of delay beyond the stipulated time for handling trucks & train (rail rake). In case, the railways levies higher demurrage charges than calculated as per abovementioned norms for the delay in loading / unloading trains beyond stipulated period in Performance Standard, the same shall be payable by the Concessionaire as the penalty. The deviation is to be calculated on average quarterly basis The rate of penalty shall be revised annually with effect from April 1 every year to reflect 100% of increase in aggregate ...
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