respondent in terms of contract provisions, not only for the stipulated
period of contract but also for the prolongation period of contract ... parties to
the contract was that the contract does not become voidable by failure
to execute the contract at or before the stipulated/ extended time
loss of profit resulting from
loss of business opportunities due to contract prolongation. Counsel
argues that the claim of the Respondent was based ... which remained locked during the additional period as a
consequence of prolongation of contract. In para 2.1.3, the Tribunal
notes that the Bank Guarantees were
profit and over Rs. 29,40,495/-
heads on account of
prolongation of contract.
2. Refund of security. Rs. 10,000/-
3. Refund of earnest ... over heads on account -
of prolongation of
contract.
2. Refund of security. Rs.10,000/- Rs.10,000/-
3. Refund of earned
cost contracts, whereas in the Vizag
case, the enhancement was in the value of the original contract.
II. Claims due to prolongation of the Contract ... that it had paid enhanced
remuneration to its employees during the contract prolongation period.
He relied upon the judgments of the Supreme Court in Gemini
cost contracts, whereas in the Vizag
case, the enhancement was in the value of the original contract.
II. Claims due to prolongation of the Contract ... that it had paid enhanced
remuneration to its employees during the contract prolongation period.
He relied upon the judgments of the Supreme Court in Gemini
cost contracts, whereas in the Vizag
case, the enhancement was in the value of the original contract.
II. Claims due to prolongation of the Contract ... that it had paid enhanced
remuneration to its employees during the contract prolongation period.
He relied upon the judgments of the Supreme Court in Gemini
Office
Office overhead and profit for overhead and profit for prolongation
prolongation of the contract beyond of the contract beyond the stipulated
the stipulated date ... being the site
office overheads due to prolongation office
overheads due to prolongation of the
of the contract beyond the stipulated
contract beyond the stipulated
justified expenses on materials and labour during
the period of prolongation of contract - for which
claims have been filed by the Claimant -would be
eligible ... Contract [10% of 1
above]
4. Anticipated average 24,00,178/-
monthly profit under the
Contract [3/2]
5. Prolonged period as on 20 months
between the parties precludes awarding of the
claims related to prolongation of the contract. On all other
points, counsel on record has addressed arguments ... site expenses like head office
overheads, establishment, etc., due to prolongation of
the contract.
- Claim 9 was for Rs. 34,03,125 towards idleness
commission
charges for
extension of
performance
bank guarantee
for contract
prolongation
interest thereon
i) supply
ii) Erection ... which is prescribed under the contract. Thus they are
entitle for escalation of price of the contract for prolonging
period in carrying on civil
