Common use of Extension of Contract Clause in Contracts

Extension of Contract. The extension of contract should be avoided and shall not be considered as a regular practice. Normally, the extension of contract shall be granted only in exigency of work due to unavoidable circumstances. The extension of contract can be given on the same rates, terms & conditions normally for a period of three months as per mutual consent. Further extension may be permitted only in exceptional circumstances based on justification and merit of the case with the approval of competent authority at Corporate Office.

Appears in 3 contracts

Samples: Nit for Contract, Contract for Chemical Handling and Sludge Removal, Nit for Contract

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Extension of Contract. The extension of contract should be avoided and shall not be considered as a regular practice. Normally, the extension of contract shall be granted only in exigency of work due to unavoidable circumstances. The extension of contract can be given on the same rates, terms & conditions normally for a period of three months as per mutual consent. Further extension may be permitted only in exceptional circumstances based on justification and merit of the case with the approval of competent authority at Corporate Office.

Appears in 1 contract

Samples: Short Term Material Handling Contract

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