Extension / Reduction of Contract Period. The Contract can be terminated prior to completion of thirty-six (36) months period as per the terms of this Agreement, subject to handing over of the vessel(s) by the Contractor to the EIC of the Authority by signing the Protocol of return of the vessel(s). In case the Contractor withholds the vessel(s) beyond the period of charter hire including extension period, if any, as per the written agreement between the parties, then this act of contractor shall be termed as “illegal detention of Government property” and shall be prosecuted under Code of Criminal Procedure Act, 1973 or as amended from time to time. The EIC with immediate effect, shall issue a notice and initiate the proceedings under Code of Criminal Procedure Act, 1973 or as amended from time to time. The Contract for charter of vessel(s) is extendable for another 2 years (24 months) on yearly basis based on satisfactory performance of the work by the contractor. For this purpose, a request will have to be given by the Contractor to the EIC at least three (3) months prior to expiry of the original period of charter or extension thereof. If the Employer agrees to such extension of the period of charter hiring of the vessel(s), the hire charges will be increased by such rate as per the Clause 2.3 in Section-VI and terms & conditions, which shall be at the discretion of the Employer. Mere sending of a request to the EIC by the Contractor as above will not entail any right whatsoever on the Contractor to get such extension and in all such cases, the decision of the Employer shall be final and binding on the Contractor.
Extension / Reduction of Contract Period. No extension of the period of consultancy is envisaged under this contract. However, if there are genuine reasons which could not have been foreseen by an experienced consultant on account of which time schedule agreed to between the parties may not be adhered to, the Consultant shall inform the employer in writing of such anticipated delay along with reasons and request for extension of time. However, it is at sole discretion of the Employer to grant such extension of time to the consultant and for a period as the employer finds most feasible and in best interest of the project.
Extension / Reduction of Contract Period. The proposed assignment is extendable for another 2 (two) years subject to project requirement as well as satisfactory performance of the Contractor. The payment during the extended period shall be made as per quoted fees for Manpower Services for Operation & Maintenance in format of Form Fin – 3 of the Bid and clause 12 of the Terms of Reference. In case of non-extension of the contract, if there are genuine reasons which could not have been foreseen by an experienced Contractor on account of which time schedule agreed to between the parties may not be adhered to, the Contractor shall inform the Owner in writing of such anticipated delay along with reasons and request for extension of time. However, it is at sole discretion of the Owner to grant such extension of time to the Contractor and for a period as the Owner finds most feasible and in best interest of the project.
