Common use of PRICE & RATES Clause in Contracts

PRICE & RATES. The rates quoted by the Bidder in the online Price Bid shall be inclusive of cost of all labor, supervision, cost of safety supervisor, shifting, transportation, loading, unloading, equipment, all tools & tackles, safety equipments & PPEs, Royalties, Rents, GST, Stamp Duties, Central or State Government or Local body or Municipal Taxes or Duties, Turn over Tax, Work Contract Tax, and / or any other duty / tax, levied by the Central, State Government or other Public bodies etc…and such other costs that are not specifically mentioned herein but will be incurred by the contractor for the satisfactory and timely completion of the work. The quoted rates shall be deemed to include for everything mentioned in the specification, all leads & lifts, contractor’s overheads & profits for due performance of the work under this contract and such other costs that are not specifically mentioned herein but will be incurred by the contractor for the satisfactory and timely completion of the work. The rates shall also include cost for mobilization / demobilization of manpower, equipments, materials, etc... The rates shall be firm for entire contract period and also during extension, if required and shall not be subject to any escalation in prices, idle charges for labor, machinery, overhead expenses etc. No price escalation / idle charges shall be due to any reason whatsoever. The prices / item rates quoted by Bidder shall remain firm till completion of the contract period and any agreed extensions thereafter and shall not be subject to any other escalation, idle charges for labor, machinery, overhead expenses etc. No price escalation / idle charges shall be payable due to delay in work by contractor or due to non-availability of work front by GIPCL or any reason whatsoever. The price/rate quoted by CONTRACTOR shall be considering mobilization of all required manpower, tools & tackles, materials, equipment for timely and satisfactory completion of all scope of work. The value and/or quantum of work may be increased or decreased depending upon day to day requirement. However, item rates remains unchanged and the payment shall be made as per the actual quantity executed as informed & certified by GIPCL representatives.

Appears in 2 contracts

Samples: Rate Contract, Biennial Rate Contract for Security & Vigilance Services

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PRICE & RATES. The rates quoted by the Bidder in the online Price Bid shall be inclusive of cost of all laborequipments / machineries / vehicles, labour, supervision, cost of safety supervisor, shifting, transportation, loading, unloading, equipment, all tools & tackles, safety equipments & PPEs, Royalties, Rents, GSTExcise duty, Sales Tax, Stamp Duties, Central or State Government or Local body or Municipal Taxes or Duties, Turn over Tax, Work Contract Tax, VAT, Octroi duty and / or any other duty / taxtax (excluding GST), levied by the Central, State Government or other Public bodies etc. and such other costs that are not specifically mentioned herein but will be incurred by the contractor Contractor for the satisfactory and timely completion of the work. The quoted rates shall be deemed to include for everything mentioned in the specification, all leads & lifts, contractorContractor’s overheads & profits for due performance of the work under this contract and such other costs that are not specifically mentioned herein but will be incurred by the contractor Contractor for the satisfactory and timely completion of the work. The rates shall also include cost for mobilization / demobilization of manpower, equipments, materials, etc... . The quoted rates by the Contractor shall be firm for entire contract throughout the Contract period and also during extension, if required and no any escalation shall not be paid to Contractor subject to any escalation in prices, idle charges for laborequipment / machinery / vehicles, machinerylabour, overhead expenses etc. No price escalation / idle charges shall be due to any reason whatsoever. The prices / item rates quoted by Bidder shall remain firm till completion of the contract period and any agreed extensions thereafter and shall not be subject to any other escalation, idle charges for labor, machinery, overhead expenses etc. No price escalation / idle charges shall be payable due to delay in work by contractor Contractor or due to non-availability of work front by GIPCL or any reason whatsoever. The price/price / rate quoted by CONTRACTOR Contractor shall be considering mobilization of all required manpower, tools & tackles, materials, equipment for timely and satisfactory completion of all scope Scope of work. The value and/or quantum of work may be increased or decreased depending upon day to day requirement. However, item rates remains unchanged and the payment shall be made as per the actual quantity executed as informed & certified by GIPCL representatives.

Appears in 1 contract

Samples: Biennial Service Contract

PRICE & RATES. The rates quoted by the Bidder in the online Price Bid shall be inclusive of cost of all laborlabour, supervision, cost of safety supervisor, shifting, transportation, loading, unloading, fuel ,equipment, all tools & tackles, safety equipments & PPEs, Royalties, Rents, GST, Stamp Duties, Central or State Government or Local body or Municipal Taxes or Duties, Turn over Tax, Work Contract Tax, Tax and / or any other duty / tax, tax levied by the Central, State Government or other Public bodies etc... and such other costs that are not specifically mentioned herein but will be incurred by the contractor Contractor for the satisfactory and timely completion of the work. The quoted rates shall be deemed to include for everything mentioned in the specification, all leads & lifts, contractorContractor’s overheads & profits for due performance of the work under this contract and such other costs that are not specifically mentioned herein but will be incurred by the contractor Contractor for the satisfactory and timely completion of the work. The rates shall also include cost for mobilization / demobilization of manpower, equipments, materials, etc... . The quoted rates by the Contractor shall be firm for entire contract throughout the Contract period and also during extension, if required and shall not be subject to any escalation in prices, idle charges for laborequipment / machinery, machinerylabour, overhead expenses etc. However Diesel price variation will be applicable as mentioned in the clause no 2 of Section D. No price escalation / idle charges shall be paid due to any reason whatsoever. The prices / item rates quoted by Bidder shall remain firm till completion of the contract period whatsoever and any agreed extensions thereafter and shall not be subject to any other escalation, idle charges for labor, machinery, overhead expenses etc. No price escalation / idle charges shall be payable due to delay in work by contractor Contractor or due to non-availability of work front by GIPCL or any reason whatsoever. The price/price / rate quoted by CONTRACTOR Contractor shall be considering mobilization of all required manpower, tools & tackles, materials, equipment for timely and satisfactory completion of all scope Scope of work. The value and/or quantum of work may be increased or decreased depending upon day to day requirement. However, item rates remains unchanged (except change due to Diesel price variation) and the payment shall be made as per the actual quantity executed as informed & certified by GIPCL representatives.

Appears in 1 contract

Samples: Biennial Rate Contract

PRICE & RATES. The rates quoted by the Bidder in the online Price Bid shall be inclusive of cost of all labor, supervision, cost of safety supervisorsafety, shifting, transportation, loading, unloading, equipment, all tools & tackles, safety equipments & PPEs, Royalties, equipment Rents, GST, Stamp Duties, Central or State Government or Local body or Municipal Taxes or Duties, Turn over Tax, Work Contract Tax, and / or any other duty / tax, levied by the Central, State Government or other Public bodies etc…and such other costs that are not specifically mentioned herein but will be incurred by the contractor agency for the satisfactory and timely completion of the work. The quoted rates shall be deemed to include for everything mentioned in the specification, all leads & lifts, contractoragency’s overheads & profits for due performance of the work under this contract and such other costs that are not specifically mentioned herein but will be incurred by the contractor agency for the satisfactory and timely completion of the work. The rates shall also include cost for mobilization / demobilization of manpower, equipments, materials, etc... Estimated cost is derived considering wage rate for manpower applicable as on 01/03/2021. The rates shall be firm for entire contract period and also during extension, if required and shall not be subject to any escalation in prices, idle charges for laborstaff, machinery, overhead expenses etc. No price escalation / idle charges shall be due to any reason whatsoever. The prices / item rates quoted by Bidder shall remain firm till completion of the contract period and any agreed extensions thereafter and shall not be subject to any other escalation, idle charges for laborstaff, machineryequipments, overhead expenses etc. No price escalation / idle charges shall be payable due to delay in work by contractor agency or due to non-availability of work front by GIPCL or any reason whatsoever. The price/rate quoted by CONTRACTOR AGENCY shall be considering mobilization of all required manpower, tools & tacklesequipments, materials, equipment for timely and satisfactory completion of all scope of work. materials, for ti xxx and satisfactory The value and/or quantum of work may be increased or decreased depending upon day to day requirement. However, item rates ates remains unchanged and the payment shall be made as per the actual quantity executed as informed & certified by GIPCL representatives.

Appears in 1 contract

Samples: Biennial Rate Contract

PRICE & RATES. The rates quoted by the Bidder in the online Price Bid shall be inclusive of cost of all laborequipments / machineries, labour, supervision, cost of safety supervisor, shifting, transportation, loading, unloading, equipment, all tools & tackles, safety equipments & PPEs, Royalties, Rents, GSTExcise duty, Sales Tax, Stamp Duties, Central or State Government or Local body or Municipal Taxes or Duties, Turn over Tax, Work Contract Tax, VAT, Octroi duty and / or any other duty / taxtax (excluding Service Tax), levied by the Central, State Government or other Public bodies etc. and such other costs that are not specifically mentioned herein but will be incurred by the contractor Contractor for the satisfactory and timely completion of the work. The quoted rates shall be deemed to include for everything mentioned in the specification, all leads & lifts, contractorContractor’s overheads & profits for due performance of the work under this contract and such other costs that are not specifically mentioned herein but will be incurred by the contractor Contractor for the satisfactory and timely completion of the work. The rates shall also include cost for mobilization / demobilization of manpower, equipments, materials, etc... . The quoted rates by the Contractor shall be firm for entire contract the 1st year of the Contract period and also during extensionEscalation of 5% on these rates shall be offered to the Contractor for the 2nd year of Contract period. Apart from this, if required and no any escalation shall not be paid to Contractor subject to any escalation in prices, idle charges for laborequipment / machinery, machinerylabour, overhead expenses etc. No price escalation / idle charges shall be due to any reason whatsoever. The prices / item rates quoted by Bidder shall remain firm till completion of the contract period and any agreed extensions thereafter and shall not be subject to any other escalation, idle charges for labor, machinery, overhead expenses etc. No price escalation / idle charges shall be payable due to delay in work by contractor Contractor or due to non-availability of work front by GIPCL or any reason whatsoever. The price/price / rate quoted by CONTRACTOR Contractor shall be considering mobilization of all required manpower, tools & tackles, materials, equipment for timely and satisfactory completion of all scope Scope of work. The value and/or quantum of work may be increased or decreased depending upon day to day requirement. However, item rates remains unchanged and the payment shall be made as per the actual quantity executed as informed & certified by GIPCL representatives.

Appears in 1 contract

Samples: Biennial Service Contract

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PRICE & RATES. The rates quoted by the Bidder in the online Price Bid shall be inclusive of cost of all labor, supervision, cost of safety supervisor, shifting, transportation, loading, unloading, equipment, all tools & tackles, safety equipments & PPEs, Royalties, Rents, GST, Stamp Duties, Central or State Government or Local body or Municipal Taxes or Duties, Turn over Tax, Work Contract Tax, and / or any other duty / tax, levied by the Central, State Government or other Public bodies etc…and such other costs that are not specifically mentioned herein but will be incurred by the contractor for the satisfactory and timely completion of the work. The quoted rates shall be deemed to include for everything mentioned in the specification, all leads & lifts, contractor’s overheads & profits for due performance of the work under this contract and such other costs that are not specifically mentioned herein but will be incurred by the contractor for the satisfactory and timely completion of the work. The rates shall also include cost for mobilization / demobilization of manpower, equipments, materials, etc... The rates shall be firm for entire contract period and also during extension, if required and shall not be subject to any escalation in prices, idle charges for labor, machinery, overhead expenses etc. No price escalation / idle charges shall be due to any reason whatsoever. The prices / item rates quoted by Bidder shall remain firm till completion of the contract period and any agreed extensions thereafter and shall not be subject to any other escalation, idle charges for labor, machinery, overhead expenses etc. No price escalation / idle charges shall be payable due to delay in work by contractor or due to non-availability of work front by GIPCL or any reason whatsoever. The price/rate quoted by CONTRACTOR shall be considering mobilization of all required manpower, tools & tackles, materials, equipment for timely and satisfactory completion of all scope of work. The value and/or quantum of work may be increased or decreased depending upon day to day requirement. However, item rates remains remain unchanged and the payment shall be made as per the actual quantity executed as informed & certified by GIPCL representatives.

Appears in 1 contract

Samples: Tender Document

PRICE & RATES. The rates quoted by the Bidder in the online Price Bid shall be inclusive of cost of all laborequipments / machineries / vehicles, labour, supervision, cost of safety supervisor, shifting, transportation, loading, unloading, fuel, equipment, all tools & tackles, safety equipments & PPEs, Royalties, Rents, GSTExcise duty, Sales Tax, Stamp Duties, Central or State Government or Local body or Municipal Taxes or Duties, Turn over Tax, Work Contract Tax, VAT, Octroi duty and / or any other duty / taxtax (excluding GST), levied by the Central, State Government or other Public bodies etc. and such other costs that are not specifically mentioned herein but will be incurred by the contractor Contractor for the satisfactory and timely completion of the work. The quoted rates shall be deemed to include for everything mentioned in the specification, all leads & lifts, contractorContractor’s overheads & profits for due performance of the work under this contract and such other costs that are not specifically mentioned herein but will be incurred by the contractor Contractor for the satisfactory and timely completion of the work. The rates shall also include cost for mobilization / demobilization of manpower, equipments, materials, etc... . The quoted rates by the Contractor shall be firm for entire contract throughout the Contract period and also during extension, if required and no any escalation shall not be paid to Contractor subject to any escalation in prices, idle charges for laborequipment / machinery / vehicles, machinerylabour, overhead expenses etc. No price escalation / idle charges shall be due to any reason whatsoever. The prices / item rates quoted by Bidder shall remain firm till completion of the contract period and any agreed extensions thereafter and shall not be subject to any other escalation, idle charges for labor, machinery, overhead expenses etc. No price escalation / idle charges shall be payable due to delay in work by contractor Contractor or due to non-availability of work front by GIPCL or any reason whatsoever. The price/price / rate quoted by CONTRACTOR Contractor shall be considering mobilization of all required manpower, tools & tackles, materials, equipment for timely and satisfactory completion of all scope Scope of work. The value and/or quantum of work may be increased or decreased depending upon day to day requirement. However, item rates remains unchanged and the payment shall be made as per the actual quantity executed as informed & certified by GIPCL representatives.

Appears in 1 contract

Samples: Biennial Service Contract

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