price
variations formula. The Claimant also submitted that
determination of value of variations based on, Clause 1.3.4.4
of volume VI of contract contemplates;
1) Southern ... contract. The Respondent having
contemplated in the contract the CPWD-DSR of Chennai
Region for valuation and payment for variation works and
having adopted
Company Private Limited (hereinafter
referred to as the claimant) successfully participated and contract was
approved for acceptance in favour of the claimant vide memo dated ... paid by taking them as
"extra items" and "contract variation" as per Clause 31 and 32 of the
General Conditions
Jharkhand namely
Shri Suresh Mishra.
2. The foundational background regarding the contract.
The case arises out of agreement no. 3/SMC/88-89 dated ... paid by taking them as
"extra items" and "contract variation" as per General Conditions of
Contract.
The estimated cost of work
between the parties. He has submitted that the Ganatras'
alleged variation of contract was not proved. The Ganatras'
therefore, were not ready ... willing to perform the
contract, because they pleaded in the correspondence that the
contract was varied or modified. This alleged variation is in the
letter
between the parties. He has submitted that the Ganatras'
alleged variation of contract was not proved. The Ganatras'
therefore, were not ready ... willing to perform the
contract, because they pleaded in the correspondence that the
contract was varied or modified. This alleged variation is in the
letter
such item in the Contract. The
RUIDP Schedule of Rates (SOR) of 2013 shall be part of the
Contract Agreement.
Variation will be dealt ... having weightage of each item upto 0.1% of
the Accepted Contract Amount, quantity variations will be
paid on BOQ rate. No new rate will
omitted to be included in
the contract documents. For any subsequent
variations, the legal requirement is to take steps for
alteration and amendment ... specific term either in
the Tender or in the Contract that the variation in
enhancement of minimum wages by the statutory
2
Comap
time of submission of tender.
Thus, there was negative variation in the contract price, which was
recovered by AAI. MKEL had disputed the extent ... work was
executed thereafter.
28. The controversy in calculation of variation in the contract value
on account of cement was similar although the variation
execution of the contract for Rs.
Rs.4,53,21,255.25. Clause 46 A of the contract prescribes that price
variation clause (PVC) shall ... circulars issued from time to time and
irrespective of the contract completion period. Variation in
quantities shall not be taken into account for applicability
monthly bills starting from
December 2011 onwards. The Price Variation bills
for the above contract was first submitted by the
contractor during February ... Price Variation ratio, the
recovery of Price Variation on the penalty was
initiated from 14.03.2014 and deducted from the
beginning of the contract period
