Railway Accounts Department Examinations

Showing posts with label GCC for Works. Show all posts
Showing posts with label GCC for Works. Show all posts

Saturday, November 28, 2020

Order of Precedence of Documents - GCC for Works 2022 April

Order of Precedence of Documents – GCC for Works, 2022 April 

Applicable for: Works Tenders/Contracts as per GCC for Works, 2022 April 

 Why: Any difference/ contradiction/ discrepancy - with regard to conditions  of tender/contract, specifications, drawings, bill of quantities etc., forming part  of the tender/contract - the following documents shall be the order of  precedence / priority. 

Order of Precedence of Documents - easy to remember L B S T D G U C U I B

 

SN 

Order of Precedence of Documents

Letter of Award / Acceptance

Bill(s) of Quantities

Special Conditions of Contract

Technical specifications (as given in Tender documents)

Drawings

GCC – IR Standard GCC updated with correction slips issued up to date of  inviting Tender or as otherwise specified in Tender documents 

7

Unified Standard Specifications (IRUSS -2019 updated with correction slips  issued up to date of inviting Tender or as otherwise specified in Tender  documents, if applicable in the Contract.

8

CPWD specifications 2019 Vol. I & II updated with correction slips issued up  to date of inviting Tender or as otherwise specified in Tender documents, if  applicable in the Contract.

Unified Standard Specifications (IRUSS -Works and Material) 2010 updated  with correction slips issued up to date of inviting tender or as otherwise  specified in the tender documents, if applicable in the contract.

10 

IR Specifications/Guidelines updated with correction slips issued up to date  of inviting tender or as otherwise specified in the tender documents.

11 

B.I.S. Codes (Relevant) updated with correction slips issued up to date of  inviting tender or as otherwise specified in the tender documents


Sl.Nos 6 to 11 – Updated with Correction slips issued up to date of inviting tender or as  otherwise specified in the tender documents. 

  • Sl.No. 7 to 9 – If applicable in the Contract



Key Takeaways (for MCQ): 

      1. Latest GCC – 2020 July  

2. First one is LOA  

3. Last one is BIS  

4. LOA stands for Letter of Award / Acceptance  

5. BIS stands for Bureau of Indian Standards  

6. IRUSS stands for Indian Railways Unified Standards Specifications  7. CPWD stands for Central Public Works Department 

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Tuesday, April 28, 2020

Shramik Kalyan

Indian Railway Shramik Kalyan Portal

Glimpse of Website as on 28.04.2020

 

ü  New initiative

ü  An application has been developed & hosted on IR website managedby CRIS

ü  Object: To comply the various labour laws as per GCC 2019 by the Contractors in Indian Railways.

ü  Contractors shall register his firm/company in the Website and upload the requisite details of Labour & their payments  - within 15 days of LOA (Letter of Award/Acceptance)

ü  Complied by Railway Engineer - within 7 days after receiving such notice from Contractor.

ü  Mandatory requirement - for processing payments of On Account Bills/final Bill/release of SD or PG.

ü  Certificate by the Contactor, that he is uploading & updating the necessary details in the portal.

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Tuesday, October 15, 2019

GCC for Works - New clause - Bonus for early completion of work

Bonus for early completion of work 

● New initiative to encourage the Contractors to complete works as early as  possible by offering incentives in the form of Bonus.  

● Contractor is entitled a Bonus for early completion of work i.e., before the  prescribed date for completion. 

● New clause in GCC for works - 17C of GCC - General Conditions of Contracts  for Works 

Bonus - 1 % of Contract value for each 30 days early completion of work. ● Less than 30 days shall be ignored for working out the Bonus 

● The completion date reckoned - the date of issuance of completion  certificate by the Engineer.  

Maximum Bonus is 5 % of the original contract value.  

Conditions for availing Bonus by Contractors are :  

1. Open Tenders having advertised value of more than Rs. 50 Crores 

2. Original period of completion is 12 months or more 

3. No reduction in original scope of work by more than 10 % 

4. No extension granted on either Railway or Contractor’s account


● This clause is very good. Because it encourages the contractors for early  completion of work for availing the Bonus to the extent of 5 % of Contract  value. Also avoids the time overruns and cost overruns in Projects. 

  • Suggestion is the Bonus shall be 0.25 % for every one week in lieu of 1 % for every 30 days  period.


Example:  

A work costing 60 Crores whose completion period is 18 months was awarded to  the Contractor ABC Co, ltd on 01.10.2019. The completion date for this work is  31.03.2021. The scope of work is not reduced during the contract period. If the  contractor completes the work on 15.12.2020, what is the eligible amount of Bonus  entitled to the Contractor? 

Answer:  

Saving period: 31.03.2021 Minus 15.12.2020 = 116 days.  

Bonus is 1 % for every 30 days subject to maximum of 5 % 

Bonus calculation = 3 % of 60 Crores = Rs. 180 Lakhs 

 

Material for MCQ

  1. Bonus is 1 % of Contract Value for each 30 days of early completion of work.

  2. Maximum Bonus is 5 % of Contract Value

  3. Original period of Completion is 12 months or more

  4. Advertised value of Tender should be Rs.50 Crores and more

  5. Eligible for Open Tenders only

  6. No reduction in original scope of Work by more than 10 % 

  7. No extension granted either on Contractor’s account or on Railway’s Account 

  8. Less than 30 days is ignored for calculation of Bonus

  9. New Clause in GCC for Works - 17C


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