Renewal of contract. At the sole discretion of the Bank, the AMC shall be considered for
Renewal of contract. At the sole discretion of the Employer, the AMC shall be considered for further renewal for 2024-2025 and 2025-2026 on same terms and conditions with requisite increase / decrease in rates based on the applicable minimum wages, provided the Employer finds the services of the Contractor satisfactory. The decision of the Employer in this regard shall be final and binding. In addition to this, the maximum permissible increase in the Service Charges will be based on CPI and WPI indices, as decided by the Bank. X.Xx Nature of Work Location Work men required 1. Maintenance of AC units Main Office Premises, Reserve Bank of India, Chennai Technician 01: 09.00AM to 06.00PM (Monday to Saturday)