GCC for Works, 2022 April - An overview
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GCC stands for General Conditions of Contracts for Works
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Latest edition: 2022 April Click for download
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115 pages
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ACS - Advance Correction Slips - So far issued Two
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Consists of Part I and Part II
Part I - ITT - Instructions To Tenderers:
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Total Clauses - 9
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Total Annexures - 8
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Total Pages - 40
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Important ones are as follows:
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Clause 1.01 - Order of Precedence of Documents
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Clause 2 - Approved List of Contractors
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Clause 5 - Bid Security (old name is EMD)
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Clause 10 -Financial Eligibility Criteria, Technical Eligibility
Criteria & Bid Capacity
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Clause 11 - Tenderer credentials
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Clause 17 - Joint Ventures ( JV) in Works Tenders
Part II
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Consists of Standard General Conditions of Contract
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Total Paras 64
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Total Pages - 75
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Important clauses are as follows:
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Para 1 - Definitions
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Paras 4 & 5 - Communications and Serving Notices
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Para 7 - Assignment / Subletting of Contract
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Para 16 - SD - Security Deposit and PG - Performance Guarantee
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Para 17 A - Extension of Time - Not due by Contractor or Railways
- Force Majeure Clause and Extension of Time due to Railways / or Due to
Modification
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Para 17 B - Extension of Time with LD - Liquidated Damages - due
to Contractor.
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Para 17C - Bonus for Early Completion of Work
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Para 42 - Variations in Contracts
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Para 45 - Measurements of Works by Railways as well as by
Contractors
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Para 46 - On Account Payments
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Para 46 (4) - Advances to Contractors
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Para 46 A - PVC - Price Variation Clause
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Para 51 - Final Payments
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Para 61 & 62 - Determination of Contract
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Para 63 - Conciliation of Disputes
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Para 64 - Arbitration
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