Comprehensive Development of Selected Roads by Providing White Topping Under GoK Grants Package - 2 Technical Bid Tenderer Page 42 of 65 Executive Engineer, PC-8, BBMP, Bengaluru 43. Securities 43.1 The Security Deposit (including Additional Security for Unbalanced Tenders) shall be provided to the Employer no later than the Date Specified in the Letter of Acceptance and shall be issued in an Amount and Form and Type of Instrument acceptable to the Employer. The Security Deposit shall be valid until a date 30 days from the Date of Expiry of Defects Liability Period and the Additional Security for Unbalanced Tenders shall be valid until a date 30 days from the Date of Issue of the Certificate of Completion. 44. Cost of Repairs 44.1 Loss or Damage to the Works or Materials to be incorporated in the Works between the Start Date and the End of the Defects Correction Periods shall be remedied by the Contractor at the Contractor's Cost if the Loss or Damage arises from the Contractor's Acts or Omissions. E. Finishing the Contract 45. Completion 45.1 The Contractor shall request the Employer to issue a Certificate of Completion of the Works and the Employer will do so upon deciding that the Work is completed. 46. Taking over 46.1 The Employer shall take over the Site and the Works within seven days of issuing a Certificate of Completion. 47. Final Account 47.1 The Contractor shall supply to the Employer a Detailed Account of the Total Amount that the Contractor considers Payable under the Contract before the End of the Defects Liability Period. The Employer shall issue a Defect Liability Certificate and certify any Final Payment that is due to the Contractor within 90 days of receiving the Contractor's Account if it is Correct and Complete. If it is not, the Employer shall issue within 90 days a Schedule that states the Scope of the Corrections or Additions that are necessary. If the Final Account is still unsatisfactory after it has been resubmitted, the Employer shall decide on the Amount Payable to the Contractor and make Payment within 60 days of receiving the Contractor’s Revised Account. 48. As Built Drawings and / or Operating and Maintenance Manuals 48.1 If “As Built” Drawings and / or Operating and Maintenance Manuals are required, the Contractor shall supply them by the Dates stated in the Contract Data. 48.2 If the Contractor does not supply the Drawings by the Dates stated in the Contract Data, or they do not receive the Employer’s Approval, the Employer shall withhold the Amount stated in the Contract Data from Payments due to the Contractor. 49. Termination 49.1 The Employer may terminate the Contract if the other Party causes a Fundamental Breach of the Contract. 49.2 Fundamental Breaches of Contract include, but shall not be limited to the following. a. The Contractor stops work for 45 days when No Stoppage of Work is shown on the
Tender document — White Topping of Selected Roads under GoK Grants, Package-2 (BBMP, Project Central-8)
Bruhat Bengaluru Mahanagara Palike, via Karnataka Public Procurement Portal
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