ROUNDING-OFF OF AMOUNTS. In calculating the amount of each item due to the CONTRACTOR in every certificate prepared for payment, sum of less than 50 paise shall be omitted and the total amount on each certificate shall be rounded off to the nearest rupees, i.e., sum of less than 50 paise shall be omitted and sums of 50 paise and more up-to one rupee shall be reckoned as one rupee. 89 Lumpsum in tender:
Appears in 3 contracts
Samples: Proforma for Contract Agreement, Proforma for Contract Agreement, Housekeeping and Maintenance Contract
ROUNDING-OFF OF AMOUNTS. In calculating the amount of each item due to the CONTRACTOR in every certificate prepared for payment, sum of less than 50 paise shall be omitted and the total amount on each certificate shall be rounded off to the nearest rupees, i.e., sum of less than 50 paise shall be omitted and sums of 50 paise and more up-to upto one rupee shall be reckoned as one rupee. 89 Lumpsum in tender:
Appears in 2 contracts
Samples: Proforma for Contract Agreement, Proforma for Contract Agreement
ROUNDING-OFF OF AMOUNTS. In calculating the amount of each item due to the CONTRACTOR in every certificate prepared for payment, sum of less than 50 paise shall be omitted and the total amount on each certificate shall be rounded off to the nearest rupees, i.e., sum of less than 50 paise shall be omitted and sums of 50 paise and more up-to upto one rupee shall be reckoned as one rupee. 89 Lumpsum in tender:.
Appears in 2 contracts
Samples: Proforma for Contract Agreement, Proforma for Contract Agreement
