Section 9(iii) in Rules for Rate Contract with Small Scale Industries of Orissa registered with the Directorate of EP&M, Orissa
(iii)It shall be the duty of the contractor to intimate the Director about changes in the prices of raw materials and other components of manufacture during the period of contract which might result in change in the final price in either direction. Failure to furnish this information to Director shall amount to breach of conditions of contract on the part of the contractor.
