TENDER CALL NOTICE FOR DIAMOND CORE/RC DRILLINGWORK IN DIFFERENT LEASE HOLDS IN DAITARI,

GANDHAMARDAN AND BARBIL REGION OF OMC LTD. INKEONJHAR & JAJPUR DISTRICT, ODISHA.

Sealed tenders in two bid system (technical and price bid) are invited fromfinancially capable, experienced & reputed agencies/firms, fulfilling the eligibilitycriteria with specification, terms and conditions for taking up diamond core/RCdrilling work in Daitari, Gandhamardan & Barbil Regions of Odisha MiningCorporation (OMC) as per the scope of work, specifications, terms & conditionsas detailed below.

1. SCOPE OF WORK

Sl.No.

Sl No./ Nameof Region/(Dist)

Name ofleasehold

Mineral/ore andassociatedformations

Drilling type Projectedquantum ofcoredrillingwork inMtrs.

Workcontractperiod

EMD to bedepositedwith thetender inlakh Rs.

1 2 3 4 5 6 7

1 DaitariRegion,Keonjhar& Jajpur District

Daitari Iron Ore /&associatedformation.

Core Drilling 4650 18months(one

year sixmonths)

1.00

2 Barbil Region,KeonjharDistrict

Tiringpahar

Iron Ore /&associatedformation.

Core Drilling 6090 18months(one

year sixmonths)

1.00

3 GandhamardanRegion,

KeonjharDistrict

Gandhamardan-B

Hill Top &Foot Hill

Iron Ore /BHJ ,BHQ,associatedformation&weatheredvolcanic

Core Drilling/

RC Drilling

5360 18months(one

year sixmonths)

1.00

2 THE PERIOD OF WORK AND TARGET

2.1 The time period for the projected core drilling work indicated in Table atclause No.1 is to be completed within one year and six month i.e. 18months from the date of issue of work order. The objective of this work is toconduct at least G-1 category of exploration as per UNFC norms. Furthertimely completion of work as per the stipulation, terms & conditions is theessence of this tender.

2.2 (i) The work under the scope of work (Clause-1, column-5), shall be awardedto the selected agency through this tender (L-1 agency). The period of workof a ML shall start from the date of issue of work order/LOI.

(ii) Presently stage-II forest clearance of Gandhamardan-B & Tiringhpahar LMare in process. After receipt of required forest clearance LOI/work order forGandhamardan-B & Tiringhpahar ML shall be issued to the selected biddersto execute the core drilling work for the projected target as at clause-1.

(iii)The core drilling work of Daitari shall be awarded immediately to theselected bidder.

(iv) During the above work period, the agency has to achieve at least 30% ofthe awarded work within first 6 calendar months and at least 90% of theawarded work by end of 18 calendar months ( one and half year).

2.3 The L1 / approved price decided from this tender shall be kept opened for aperiod of six months from the date of opening of price bid for this tender. Theselected L1 agency may give his consent in writing to keep the price open fora further period of six months and acceptance of which shall be at the solediscretion of OMC, or else OMC can go for fresh tender.

3. Work Description

The selected bidders for core/RC drilling work has to undertake the work asmentioned at clause-1, along with the following ancillary works.

a) Survey for location of drill hole points as per the proposal or as advisedby the Site Geologist/Camp-in-charge/Sectional Head of Geology ofrespective Region. (Total station, GPS/DGPS instruments to be used).

b) Measurement of co-ordinates, RL of drill holes and drawing of profilesalong each completed drill hole section by way of field survey.

c) Storing of drill core sample in GI core boxes (RC drill samples in suitablebags) & Drawl and processing of drill core samples as advised by the SiteGeologists/ Camp In-charge.

4 ELIGIBILITY CRITERIA

The bidder fulfilling the following criteria can only take part in thistender:-

4.1 The bidder must have successfully executed core/RC/ core & RC respectivedrilling work (on land, not in sea or marine conditions) in ironore/manganese ore/ chrome ore deposits or together in these three ore/minerals in India, for at least 15,000 meters in any one financial yearduring last 7(Seven) financial years (i.e. 2010-11 to 2016-17) or 50000Meters in last 7 (Seven) financial years. The bidder shall submit theinformation with required supporting documents in the (Annexure-I)format enclosed in Technical bid.

NB: i) The work experience certificate should indicate the name of the workawarding organization, period of work, mineral/ore (iron, manganese, andchromite ore), quantum of core/RC drilling awarded & year wise core drilling

work executed in meters in last seven years i.e. 2010-11 to 2016-17. Thesuccessfully completed work experience certificate issued by the awardingagency in last seven years i.e. 2010-11 to 2016-17, is to be countersigned bythe bidder. Submission of work order copy only shall not be the criteria toqualify technically.

ii) The bidder shall give his machinery list with technical specifications & themaximum depth of core/RC drilling capacity in a hole of each Machine in theformat as at Annexure-II in Technical bid.

4.2 The bidder whose core/RC drilling contract / agreement had been terminatedby OMC will not be eligible to take part in the instant tender.

4.3 Declaration by the bidder agency: - i) The bidder has to submit anundertaking that their work has not been terminated for non-performance /irregular work by any Govt. or any other agency those have awarded thework.

ii) The bidder agency/entity must not have been adjudged by any Court ofLaw or not blacklisted by any Govt. and any other authority. The bidderagency has to submit a declaration duly signed with rubber seal of entity/Company in their Company’s pad to the effect.

4.4 The bidder must have a minimum annual turn-over of Rs. 45 crore inany one financial year of the last seven preceding financial years (i.e. 2010-11 to 2016-17), excluding the current financial year 2017-18.

4.5 The bidder shall have a valid EPF Code Number and GSTIN of its own.

4.6 The bidder can be either an individual person having sole proprietorshipright/ a regd. partnership firm / a Company (Private Ltd. or Public Ltd.).Bidding in form of Consortium is not allowed.

4.7 If the bidder is a regd. partnership firm, then the partnership firm mustabide by the stipulations as mentioned below.

The Partnership Firm must be a registered Partnership Firm under theprovisions of Partnership Act’1932. The date of registration of the Firmunder the provisions of Partnership Act’1932 is the date of entry of thestatement recorded in the “Register of Firms”.

The Deed of Partnership must be registered under the Indian RegistrationAct’1908.

The Partnership Firm must be in existence & in operation for at least3(three) years prior to the date of notice inviting tender.

The Partnership Firm must have its own experience as required in thepresent tender notice. Experience of individual Partners will not beconsidered as the experience of the Partnership Firm.

The Partnership Firm must have a valid EPF Code & GSTIN registrationof its own & not in favour of any individual Partner.

All conditions of eligibility criteria as stipulated in the tender notice shouldbe of the Partnership Firm & not of the individual Partners.

4.8 In case the bidder is a Joint Venture Company, all the eligibility criteriahave to be fulfilled by the bidder i.e. the concerned JV Company.Experience and qualification of constituent companies/entities of the JVCompany shall not be considered.

4.9 If the Bidding Agency is a company or corporation, it shall be incorporatedunder the Companies Act, 1956 or established by virtue of a law enactedby the Parliament.

The date as indicated in the certificate of incorporation shall be treated asthe date of incorporation of the Company/Corporation.

The Company/Corporation shall be in existence and in operation for atleast 3 years prior to the date of notice inviting tender.

The eligibility criteria of the Company/Corporation is liable to be evaluatedon the basis of experience and eligibility criteria of theCompany/Corporation itself.

The experience or the eligibility criteria of the Managing Director or anyother Director of the Company/Corporation in their distinct name andidentity shall not be reckoned as the experience and eligibility criteria ofthe Company/Corporation.

The Company/Corporation shall have a valid EPF code, GSTIN of its ownand not in favour of any Director including Managing Director or otherprincipal officers of the Company/Corporation.

The Bidding Company/Corporation shall submit certificate of incorporationas well as Memorandum and Articles of Association of theCompany/Corporation along with the Bid documents besides authenticatedcopies of documents in support of meeting the experience and eligibilitycriteria.

4.10 The bidder should have filed up-to date Income Tax Return (up to datecopy to be enclosed).

4.11 A bidder is required to submit the supporting document to meet the aboveeligibility criteria and conditions, failing which the bid submitted by thebidder shall be rejected without further communication.

4.12 The bidder has to submit the tender documents as per the format providedin OMC web site. Any deviation in the said format, shall result rejection ofthe bid submitted.

5. EARNEST MONEY DEPOSIT (EMD):

The bidder has to submit EMD, along with the tender as given in columnno.7 of clause no. 1 of Tender Notice, in form of a Demand Draft/Pay Orderdrawn in favour of "The Odisha Mining Corporation Limited" payable inany Scheduled/ Nationalised Bank at Bhubaneswar. Tender submittedwithout EMD shall be rejected.

6. AVAILABILITY OF TENDER PAPER:

The tender documents can be down loaded from our web sitewww.omcltd.in and shall be submitted along with the Tender papercost of Rs.5900/- (Rupees Five Thousand Nine Hundred) only inclusive ofGST @18%( non -refundable), in shape of D.D. drawn in favour of "TheOdisha Mining Corporation Ltd." on any Scheduled / Nationalised Bankpayable at Bhubaneswar. The authority shall not be responsible if anyproblem arises in downloading bid documents or any portion ofdownloaded bid documents differs from the original bid documentsavailable with the OMC.

The interested bidders are requested to check OMC web site fromtime to time till the date of opening of the tender, relating to anycorrigendum notices or any related information.

7. The tender will be on two bid system i.e. Technical Bid & Price Bid.

7.1 Technical Bid shall contain the following documents.

7.1.1 The Tender Notice and Schedule signed by the bidder on each page withhis rubber seal as token of acceptance of the terms and conditions speltout in the Tender Notice and Schedule.

7.1.2 Duly filled-in Technical Bid in the prescribed format along with filled inwork experience format (Annexure-I), list of machineries in the format(Annexure-II) , Mandate for getting payment through electronic mode i.e.EFT/NEFT/RTGs in the format (Annexure-III), enclosed with this tenderdocument and the list of technical manpower to be positioned for the work.

7.1.3 Authenticated copy/copies of documents supporting the eligibility criteria(also refer Technical Bid Format in Tender Schedule).

7.1.4 Non-refundable amount of Rs.5900/- (Rupees five Thousand ninehundred) only towards the cost of the Tender Paper including GST, inshape of Demand Draft/Pay Order drawn in favour of "The Odisha MiningCorporation Limited" payable in any Scheduled / Nationalized Bank atBhubaneswar.

7.1.5 DD / PO towards EMD (Payable at Bhubaneswar).

7.1.6 Any other instruction as per Technical Bid format & tender norms.

7.1.7 All above documents including EMD & Tender paper cost (DD) to be keptwithin technical bid sealed envelope.

7.2 Price Bid: The Price bid should contain the Region wise quoted price dulyfilled-in the Price bid format only as enclosed in the Tenderschedule.

7.2.1 The bidder has to quote Region wise single price in rupees per meter ofcore/RC drilling (GL-100m).

7.2.2 The bidder has to quote the price excluding GST as applicable, which willbe claimed in the R/A bills by the agency and shall be paid extra by OMC.

7.2.3 The price bid sealed envelope shall contain Region wise unit base pricequotation in price bid format only. (In case of Gandhamardan separateprice for both RC drilling & core drilling to be quoted)

8. A pre-bid meeting relating to this tender work shall be held at HeadOffice of OMC Ltd, Bhubaneswar-751001(Near State Assembly) on Dt.9.4.2018 at 11.00 AM. The interested bidders or their authorizedrepresentatives (With authorization letter from the bidder agency) arerequested to attend this pre-bid meeting for interaction of tender terms &conditions.

9. Submission of Tender

The tender consists of two parts i.e. “Technical bid” and “Price bid”.Both these bids duly filled in the prescribed format and signed by thetenderer are to be kept in two different envelopes duly sealed and superscribed as “Technical bid” and “Price bid” along with name of the work.These two sealed envelopes placed inside another envelope duly sealedand indicating “Tender documents for core/RC drilling” and addressedto the Addl. General Manager (Geo), OMC Limited, Post Box No.34,Bhubaneswar-751001 shall be submitted by the bidder throughregistered post/courier/ hand delivery/ speed post so as to reach the Officeof the Addl. General Manager (Geo), OMC Limited, Bhubaneswar onor before 1.00 PM on 23.4.2018.

9.1 Tenders received after expiry of the stipulated date and time shall not beentertained. OMC shall not be responsible for postal or any type of delay.

9.2 The Technical Bid will be opened on the same day i.e. on 23.4.2018 at4.00 PM in presence of the bidders or their authorized representative.

9.3 The date of opening of the Price Bid of the technically qualified bidders willbe intimated later.

9.4 Tender/Bids without required EMD and tender paper cost shall be rejected.

10. The terms and conditions of the tender document shall always prevail andshall be binding on the agency. In case of any deviation of submission of thetender documents, the same shall be rejected.

OMC Ltd. reserves the right to accept or reject in full or in part, this tenderwithout assigning any reason whatsoever.

ADDL. GENERAL MANAGER (GEOLOGY)

(Visit www.omcltd.in )

TECHNICAL BID FORMAT

FOR DIAMOND CORE/RC DRILLING WORK IN TIRINGPAHAR,GANDHAMARDAN MLS IN KEONJHAR AND DISTRICT DAITARI ML INKEONJHAR &JAJPUR DISTRICT OF OMC LTD.

I/We __________________________________(Name of the Agency)hereby tender for execution of diamond core/RC drilling work in Kurmitar ML ofOMC in accordance with the scope of work, specifications, terms and conditionsas indicated in the Tender Notice & Schedule/work order to be executed with theOMC Limited.

DETAILS TO BE SUBMITTED BY THE TENDERING AGENCY

The Bidder should furnish the following information and enclose supportingdocuments wherever necessary for enabling OMC to assess their capability toundertake the work of diamond core/RC drilling. The information submitted aresubject to verification by the OMC Ltd. and in case, the information so furnishedare found to be false/exaggerated/manipulated, the bid offered by the agencyshall be liable for rejection and the OMC Ltd. reserves all rights to reject the bidwithout assigning any reason thereof.

1. Name and address of the Agency

I)Registered office

II) Corporate office

2. Contact details of the Agency and telephone/fax/e-mail/cell no. for correspondence

Name & Designation of the contactperson.

Tel :

Fax:Cell:

e-mail:

3. Nature of the Agency:

(Registered Company/ Registered Firm/ PublicSector Company/ Sole proprietor/JV company asper clause-4.6 to 4.9 of tender notice (Certificateof Registration under the Indian CompaniesAct/Memorandum of Association/Articles ofAssociation)

4. Duly filled in Technical Bid format and Annexure-I Format

i. Details of similar drilling work executed(Organization with proof of documents as perclause-4.1 of the tender notice)

(Work completion/execution certificate fromorganizations/ clients indicating financial yearwise core/RC drilling meterage executed to besubmitted as per Annexure-I.)

5. Details of Drilling Machines and other ancillaryequipment to be deployed. A statement to beenclosed in the format at Annexure II.

6. a) Turnover ofthe agency incrore rupees (asper auditedbalance sheetfor 2010-11 to2016-17) to befilled up bythe bidder.

2010-11RS……..Crore

2011-12 -RS……..Crore

2012-13

RS……..Crore

2013-14

RS……..Crore

2014-15

Rs……………crore

2015-16

Rs. ……..Crore

2016-17

Rs………

crore

b) Documents showing annual turnoveramount in any financial year duringlast seven preceding financial years asper clause-4.4 of Tender Notice (auditedbalance sheet and statement of profit& loss, certified copy to besubmitted for any financial year i.e.(2010-11 to 2016-17) etc. Where theturn over meets the eligibility criteria.

7. Details of Technical Personnel/manpower withdescription.

(a statement to be enclosed)8. EPF Code No.: (Letter of RPFC showing EPF

Code No. to be enclosed)9. Whether the agency or its Group/associated

Company is a mining lessee (Yes/No)

10. PAN of the agency (copy of PAN card and acopy of latest Income Tax Return to befurnished)

11. Any other information that the agency would like tofurnish. GSTIN, SAC. and copy of certificate.

(Please attach separate sheets, if required).12 Details of DD/Pay order No., date, amount, drawee

Bank etc. towards the cost of tender paperincluding GST (Rs 5900/-)

13 Declaration by the bidder that their Company/entity has not been adjudged by any Court ofLaw and their Company has not been black-listed / barred by any Govt. or other authorities(As per para-4.3 (i & ii) of Eligibility criteria, to be submitted with Technical Biddocument)

14 Details of DD/Pay order No., date, drawee Bank etc. towards the EMD.

1. Tender schedule forms a part of the agreement. The Tender Schedule &Notice signed by the bidder on each page with rubber seal is to besubmitted as a token of acceptance to the terms and conditions spelt out inthe Tender Schedule and Notice must be attached with the Technical Bid. Bidshaving any deviation to this or with any additional points will be summarilyrejected.

2. Submission of bid shall be deemed to have been done after careful study andexamination of the requirement of OMC indicated in the tender notice &Tender Schedule. Bidders are advised to visit the respective areas at theirown interest and expenses to assess the terrain conditions before submissionof their offers.

Note:

All information in the above format are to be typewritten exceptsignature.

Bids with handwritten information may be rejected.

(Signature of the Bidder with seal)

ANNEXURE-I

TECHNICAL BID

DETAILS OF WORK EXPERIENCE FOR SUCCESSFULLY EXECUTED CORE /RC DRILLING WORK (2010-11 to 2016-17)

NB: (a) The following documents are to be enclosed under this Annexure-1i) Work order copy of awarded core/RC drilling work (indicating target of

core drilling in mineral/ore formation, period of work, core recoverypercentage to be made work value and name/location of awarded block).

ii) Contents of work experience certificate. Name of the agency/client who has awarded the core/RC drilling work with

their registered office and address and contact phone number. Name of the mineral/ore in which such core/RC drilling work executed/

achieved. Period of work in which the awarded core/RC drilling meterage

completed/achieved. Work execution and successful completion of awarded core/RC drilling work in

meters (respective work order).(b) Clear legible copy of above documents to be enclosed.(c) All the documents are also to be certified and countersigned by the bidder

agency with signature and seal as true copy.(d) This above filled in format to be submitted in Technical Bid envelop with

supporting documents.

(Signature of the Bidder with seal)

Sl.No.

Financialyear

ClientName &detailaddress(workawardingagency)

Name ofmineral / oreexplored [ Iron,ManganeseandChromite]

WorkOrder No./Date,Quantity,& contractvalue

Completionperiod aspercontract

Actualdate ofcomple-tion

Achievementduring thefinancialyear

(in Meter)

Remarks[Experiencecertificatefrom theclient. Withinformationas notedbelowi.e.a,b&c.]

1 2010-11

2 2011-12

3 2012-13

4 2013-14

5 2014-15

6 2015-16

7 2016-17

ANNEXURE-IITECHNICAL BID

DETAILS OF EQUIPMENTS AND ACCESSORIES FOR CORE/RC DRILLING,WHICH THE TENDERER PROPOSES TO DEPLOY

(For Rig machines owned by the bidder agency)

(Signature oftheBidder

withseal)

PRICE BID FORMAT

Sl. No. Make&Model(Mechanical/Hydrostatic)

No ofRigs

DrillingCapacity(in mtr.Per day/month)

MaximumDepthdrilledin a hole.(iron,Mn &Chrome)

Year ofPurchase

Remarks(includingPresentstatus ofperformance

1

2

3

FOR DIAMOND CORE/RC DRILLING WORK IN KURMITAR LEASE HOLD OFOMC LIMITED, IN TIRINGPAHAR, DAITARI & GANDHAMARDAN MLS of

OMC LTD.

I/We __________________________________(Name of the Agency) herebytender for execution of diamond core/RC drilling work in Kurmitar ML of KoiraRegion in accordance with the scope of work, specifications, terms andconditions as indicated in the Tender Notice & Schedule with the following quotedunit price per meter of core drilling.

PRICE QUOTE

Sl.No.

Name ofthe ML

Mineral /Oreandassociatedformation.

Quantity of core /RCdrilling work in Mtr.

Unit base price per meter of core drilling work inRupees. (GL to 100m)

InFigures

Inwords.

SAC

/HSNCode

Rateof

GST

Amount ofGST

1 Daitari Iron &associatedformation.

4650 (CoreDrilling)

2 Tiringpahar Iron &associatedformation

6090 (Core Drilling

3 Gandhamardan

Hill top &Foot Hill

Iron oreBHJ,BHQ,associatedformation &Soil with floatand volcanic

5360 Core Drilling

RC Drilling

N.B.:1. The unit base price per meter of core drilling to be quoted (From GL to100m).

2. The unit base price quoted should be exclusive of GST.3. This format, duly filled in is to be submitted in a SEPARATE SEALED

ENEVELOPE with “PRICE BID” super scribed on the cover.

4. The L-1 bidder shall be selected basing on lowest price quoted.5. In case of drilling in BHJ/BHQ/Chert in iron ore and associated formation

60% increment over the base unit price shall be applicable/paid.6. Beyond 100 Meters depth in a hole & for each additional 100 meters depth

10% increase over the unit base price per meter shall be paid.7. The price quotation in words shall prevail over figures in case of discrepancy.8. The quoted price to be kept valid till six months from the date of opening of

the Price Bid to award of work. On award of work the quoted price shall bevalid for the contract period.

(Signature of the Bidder with seal)

Annexure-III

MANDATE FORM (FOR ENABLING E-PAYMENT)(Preferably in payees letter Head)

ToThe Odisha Mining Corporation Ltd.,OMC House, P.B. NO.-34, Unit-5, BHUBANESWAR.Pin-751001, ODISHA.Sub:-Mandate for getting payment through electronic mode i.e.EFT/NEFT/RTGs.Dear Sir,

We are here by giving our consent to get all our payments due from theOdisha Mining Corporation Ltd. Through electronic mode i.e. EFT/NEFT/RTGs. Wealso agree to bear all the bank charges payable in this regard.

(Please furnish the information in capital letter.)1. Name of the Vendor

1. Address of the vendor

Pin codeIT PAN Number

E-Mail ID Mobile NO.Phone No. Fax No.

1. Bank particularsBank NameBranch NameBranch placeAccount No.Account type Savings/Current/Cash

CreditBranch State

RTGs enabled Yes/No NEFTenabled

Yes/No CoreBankenabled*

Yes/No

Branch Code MICRCode

IFSCCode

*In case of Vendors having Bank Account in Andhra Bank1. Effective Date

We hereby declare that the particulars furnished are correct & complete. If anytransaction is delayed or not effected for incomplete/incorrect information/anyother technical reasons, we will not hold The OMC Ltd. Responsible.

Date: Signature of the party with seal

Certified that the Bank particulars furnished are correct as per our record.

Date: Signature of the party with seal

TENDER SCHEDULE FOR DIAMOND CORE DRILLING and RC DRILLINGWORK IN DIFFERENT LEASE HOLDS of DAITARI, GANDHAMARDAN

AND BARBIL REGION OF OMC LTD. IN KEONJHAR & JAJPUR DISTRICT,ODISHA.

1. DESCRIPTION OF WORK

Diamond core/RC drilling work in Daitari ML, Daitari Region (4650 Mt.),Gandhamardan ML, Gandhamardan Region (5360 Mt.) & Tiringpahar ML, BarbilRegions(6090 Mt.) of Odisha Mining Corporation (OMC) in 18 month( 1 ½ year) inKeonjhar & Jajpur district of Odisha as per scope of work, specifications, terms &conditions as detailed below.

2. SCOPE OF WORK

The target area (name of the region / lease holds), year wise projected

work target for 18 month and EMD to be deposited are furnished in the

following table:

Sl.No.

Sl No./Name ofRegion/(Dist)

Name oflease hold

Mineral/ oreandassociatedformations

Projectedquantum ofcore drillingwork in Mtrs.

Tipe ofDrilling

Work contractperiod

EMD to bedeposited withthe tender inlakh Rs.

1 2 3 4 5 6 7

1 DaitariRegion,Keonjhar &

JajpurDistrict

Daitari Iron Ore / &associatedformation.

4650 CoreDrilling

18 months(oneyear sixmonths)

1.00

2 BarbilRegion,

KeonjharDistrict

Tiringpahar

Iron Ore / &associatedformation.

6090 CoreDrilling

18 months(oneyear sixmonths)

1.00

3 Gandhamardan

Region,KeonjharDistrict

Gandhamardan-B

Hill Top &Foot hill

Iron oreBHJ,BHQ,associatedformation &volcanic

5360 Core / RCDrilling

18 months(oneyear sixmonths)

1.00

2.1 The selected agency has to undertake the following ancillary work of thecore drilling.

a) Survey for location of drill hole points (GPS Reading) as per provided planor as advised by the Site Geologist/Camp In charge/ Sectional Head ofGeology of respective region.

b) Measurement of co-ordinates, RL of drill holes and drawing of profiles alongeach completed drill hole section by way of field survey (DGPS/GPS/Totalstation).

c) Drawal and processing of drill core samples as advised by the SiteGeologists/ Camp-in-charge/Sectional Head of Geology of the Region.

2.2 The core drilling work will be executed under supervision and direction ofGeologists of OMC (concerned region).

3. SPECIFICATIONS

The core drilling work (core drilling/RC drilling in case of Gandhamardan-B,Hill top) shall be taken up by the agency as per following specifications:

i) Size of hole/core: The holes shall be drilled in HQ/HX, NQ/NX or BQ / BXsizes. (In case of RC drill hole diameter shall be 4”minimum)

ii) Inclination of hole: The bore holes shall be mostly vertical and rarelyinclined as per direction of the Site Geologist.

iii) Depth of hole:- i) The depth of bore hole may vary from 60 to 150 meter(may be less or more at times) in case of Tiringpahar ML of Barbil Region.

(ii)In case of Daitari the depth of bore hole may vary from 100 to 250 meters(may be less or more at times to encounter the bottom rock shale).

(iii)In case of Gandhamardan-B foot hill may 20 meters approximately. Howeverat Gandhamardan-B hill top the bore hole depth may vary from 80 to 250 meter(may be less or more at times to encounter the bottom volcanic)

It is required to deploy drill machines having advance models & technologywith high efficiency/ capability to drill above depth in Banded Iron Ore andassociated formations.

(iv) Depth of closure of each bore hole shall be advised/decided by theconcerned Site Geologist/ Camp-in-charge or if required by the Sectional Head ofGeology of the Region.

iv) Recovery of core: Recovery of core should be minimum 90% in ore zoneand 70% in other non-ore zones. In a zone, run wise core recovery percentageis to be maintained in a register on daily basis by the site representatives of theagency & to be counter signed by the site geologist. Zone wise core recoverywill be certified by the concerned site Geologists/Camp-in-charge.

In case of RC drilling (Having provision of using dual wall drill rods (i.e.outer drill rod with an inner tube), the drill cuttings to be collected at surface at

a continuous steady flow through the inner tube without any contaminationwith drill hole wall rock.

v) Type of Drilling: Dry/Wet drilling using triple tube core barrel withappropriate drilling mud/polymer is preferred. Wet drilling by double tube corebarrel or dry drilling is also acceptable provided the core recovery satisfies thenorms as at clause-IV and without affecting the physical & chemical nature ofdrill core.

vi) Preservation of Core: Core/RC drill cuttings recovered as per run shall bepreserved in G.I. Core boxes with proper labeling of depth/length of core andhanded over by the agency to the Site Geologist / Camp In charge. The coreboxes are to be supplied by the agency. The core boxes should be of appropriatesize with suitable size partition/cabinets to accommodate different size of corerecovered (HQ/HX, NQ/NX, BQ/BX) and preserved in original shape withoutbreaking/ alteration.

In case of RC drill, drill cuttings shall be collected in each meter or less (forchange in rock types) in suitable bags having proper level.

vii)Sampling: The agency shall draw samples from the core and process it foranalysis as per standard procedure under the guidance of the Site Geologist.Each sample shall be reduced to an appropriate quantity by following thestandard sampling procedures such as homogenizing, coning, quartering andpulverizing into 100/200 mesh and prepared into four packets of 50gm each.The final sample packets shall be properly labeled with BH Number, sample runand handed over to the concerned site geologist/camp in-charge.

viii)Bore hole pillaring: Each completed drill hole shall be marked with aconcrete pillar of minimum size 9”x9”x18” ( LxBxH) indicating the bore holenumber, location, coordinates and RL, under the guidance of the sitegeologist/camp in-charge.(By GPS/DGPS,Total station survey)

ix) Plans and Sections: The agency shall submit both hard and soft copies ofcompleted drill hole sections showing the ground profile and location of boreholes along the section in 1:1000 scale on autoCAD software to the concernedsite Geologist/ camp in-charge from time to time as per requirement and adviceof site Geologist/ Regional Head of Geology.

x) Deviation Survey: The bore holes shall be vertical mostly. In case ofinclined boreholes the deviation of the drill hole both in inclination and azimuthshall be measured at every 30 meters length or as advised by the site geologist.Acid etching method shall not be accepted. Deviation Survey is to be conductedby the agency by using modern tools (i.e. digital bore-hole camera). Deviationsurvey results of bore hole are to be recorded by the agency and to be certifiedby the Site Geologist of respective region. The drilling and the ancillary work, asper specification above, will be executed under the supervision and direction ofthe Site Geologist / Camp In charge/ Sectional Head of Geology of the region.

Note:

Depending upon the field conditions, OMC Limited reserves theright of changing the technical parameters including depth ofdrilling and specifications.

4. THE PERIOD OF WORK, TARGET AND SPECIAL CONDITIONS

4.1 The time period for the projected core drilling work indicated in Table atclause No.2 is to be completed within one year and six month i.e. 18months from the date of issue of work order. The objective of this work is toconduct at least G-1 category of exploration as per UNFC norms. Furthertimely completion of work as per the stipulation, terms & conditions is theessence of this tender.

4.2 (i) The work under the scope of work (Clause-2, column-5), shall be awardedML wise to the selected agency through this tender (L-1 agency). The periodof work of a ML shall start from the date of issue of work order/LOI.

(ii) Presently stage-II forest clearance of Gandhamardan-B & TiringhpaharLM are in process. After receipt of required forest clearance LOI/workorder for Gandhamardan-B & Tiringhpahar ML shall be issued to theselected bidders to execute the core drilling work for the projected targetas at clause-1.

(iii)The core drilling work of Daitari shall be awarded immediately to theselected bidder.

(iv) During the above work period, the agency has to achieve at least 30% ofthe awarded work within first 6 calendar months and at least 90% of theawarded work by end of 18 calendar months ( one and half year).

(v)The L1 / approved price decided from this tender shall be kept opened for aperiod of six months from the date of opening or this tender. The selectedL1 agency may give his consent in writing to keep the price open for afurther period of six months and acceptance of which shall be at the solediscretion of OMC, or else OMC can go for fresh tender.

4.3 In case of earlier completion of awarded work target, the agency mayrequest in writing to OMC for more quantity of core drilling limiting to150% of the awarded target of contractual period, at the existing rate,terms & conditions, to be decided at OMC option, beyond 150% in thecontract period, negotiation of price shall be required.

4.4 The selected agency has to perform & keep the progress of work inaccordance to the time schedule, stipulations, terms & conditions. At anypoint of time during the work period, if the progress of the work isdelayed/discontinued/Agency quits, the work of that ML shall beterminated with imposition of penalty as per provision of clause-13 of this

tender schedule & OMC may take further action including award of thework to other technically qualified bidders of that Region at L-1 /negotiated price, terms & conditions at OMC option or else OMC may floatfresh tender.

5. Other information & Conditions

5.1 The projected quantum of work indicated in scope of work, may varydepending on requirement, priority of work and technical considerations atOMC option.

5.2 In case of Daitari Presently OMC has Stage-II, FC approval over the areaproposed for exploration. LOI/Work order for core drilling can be issuedimmediately.

In case of Gandhamardan-B and Tiringpahar OMC has Stage-I FC clearanceand the stage-II FC approval is under process. In case the required forestpermission for Tiringpahar ML and for the balance forest area ofGandhamardan-B is received, the core drilling work shall be awardedcovering the entire ML area as per the projected tender quantity underclause-2 of this tender.

5.3 After receipt of required forest permission for the total forest land in theMLs, the work order shall be issued by OMC to the selected Bidder toexecute the core drilling work and conditions imposed in the forestpermission shall have to be adhered by the Bidder (including assisting OMCin Liasoning with forest & other authorities).

5.4 The Bidder shall be given one month time period from the date of issue ofLOI/work order, towards mobilization of machineries, manpower and sitepreparation. The Bidder has to start the core drilling work within twomonths’ time from the date of issue of LOI/Work order or else the awardedwork shall be terminated with forfeiture of EMD/ISD.

5.5 The bidder shall not without prior approval of competent authority of OMCassign the work or any part thereof or sub-let the work or any part thereofin any manner whatsoever, otherwise the contract is liable to beterminated at the option of OMC.

5.6 The space for sampling shed shall be provided by OMC and electricity freeof cost shall be provided as per availability. The agency shall construct thesampling shed and provide such equipment and prepare the core samplesfor analysis, at their own cost.

6. MINERAL/ORE AND ASSOCIATED FORMATIONS AND INCLINATIONOF DRILL HOLES

Iron ore is associated with banded iron ore formation including ferruginousshale, banded shale and hard formations like BHJ, BHQ, chert, goethite etc.Besides soft laminated, hard laminated and massive iron ore are encounteredin the ore zone.

In case of Gandhamardan-B ML (Hill Top) the agency has to penetrate theBHJ/BHQ to encounter the bottom HMO followed by volcanic.

The bore holes shall be mostly vertical & rarely inclined. The bidders areadvised to quote their price accordingly after field verification and interactionwith our field geologists.

7. OTHER TERMS & CONDITONS

a) It shall be the agency’s responsibility to set up the camp for providingnecessary accommodation to its drilling personnel nearest to the drillingsite at respective mining leases. Management of the camp affairs andproviding logistic support including supply of water to the drilling personnelat camp shall be the responsibility of the agency.

b) Preparation of approach road for mobilization of men and machinery to thedrilling site and other required materials shall be the responsibility of theagency.

c) The agency has to take up the drilling work as per the direction ofconcerned Site Geologist /Camp In-charge/ Mines Manager or SectionalHead of Geology of respective regions.

d) The site in-charge of the agency shall submit the daily, weekly and monthlyprogress report of the drilling work to the Sectional Head of Geology of theregion, duly certified by Site Geologist/Camp In-charge. A copy of monthlyprogress report must be forwarded to Dy. General Manager (Geo) /Head ofGeology, HO within first week of succeeding month by the agency, dulycertified by Sectional Head of Geology of the concerned Region.

e) The drilling should be undertaken as per the LOI/ worked order issued &specifications given in this tender schedule. Any deviation to the samewithout consent of OMC Geologist will lead to termination/cancellation ofthe contract. However, depending upon the field conditions, OMC Limitedreserves the right of changing the technical parameters in case ofrequirement.

f) In case the agency fails to achieve the desired specification or abandons ahole before the required depth, another hole adjacent to the incompletehole would be taken up by the agency as directed by the sitegeologist/camp in-charge and no cost for the incomplete hole shall be paidby OMC.

g) The core should be collected the drill core with utmost care at the time ofdrilling and shall be preserved in properly partitioned G.I. core boxes (tobe supplied by agency) with necessary labelling of the runs/depth under

the direction of the site geologist/camp in-charge. Details of the hole, boxnumber, length of core etc. are to be written on the outer and inner side ofthe core boxes. The core boxes are to be delivered to the respective sitegeologist/camp in-charge at the respective Prospecting Camp.

h) Necessary survey work required for locating the bore holes on the ground,measurement of the co-ordinates, RL of the completed holes and profile ofeach drill section etc. shall be done by the agency as per the plan/ adviceof the site geologist/ camp in-charge.

i) A register is to be maintained at drilling site (rig-wise) on daily basis torecord bore hole wise / run-wise drilling logs, indicating the size of corebarrel/casing used, the percentage of core recovered and the process ofcore drilling (dry/wet in D.T. or T.T. method etc.) for convenience ofsupervision and preparation of summarized log with above data (bore holewise). Summarized logs in respect of completed bore holes with abstract ofabove data must be submitted to Camp In charge and Sectional Head ofGeology along with the monthly bill of the agency.

j) For drilling in BHJ/BHQ/chert in Iron ore & associated formations,60% extra per meter above the approved base unit price shall bepaid.

k) Beyond 100 Meters core drilling, for each additional 100 Meter ofdrilling in a bore hole, 10% increment on the unit approved baserate per Meter of core drilling shall be paid.

8. RESPONSIBILITY OF THE AGENCY

a) The agency will observe and submit necessary statutory returns asapplicable under Mines Act, 1952; EPF Act, 1952; C. L. (R&A) Act, 1971;MMDR Act, 1957, MC Rules, 1960; MCDR, 1988; Forest Act, 1980;Environment Protection Act, 1986; other Acts, rules, statutory & legalorders applicable from time to time during the work period. This has to bealso reported to the Site Geologist/ Mines Manager of respective Mines.

b) The agency will provide all safety equipment’s to the workers and takenecessary measures for safety.

c) The agency will provide necessary medical facilities to its workers andprovide drinking water at its own cost.

d) The agency shall report immediately to the Mines Manager/ Site Geologist /Camp In-charge in case of any major or minor accident to his worker orstaff.

e) The agency shall be liable for payment of compensation to workers underWorkmen’s compensation Act, 1923. Any payment, if made by OMC, shallbe reimbursed if not deducted by OMC from the agency’s dues.

f) The agency will make all necessary arrangements for commencement andcarrying out of the drilling work by its own resources in accordance to thespecifications, terms and conditions indicated herein.

g) As and when required, the agency has to assist OMC to liaise with theforest and other officials including handling of local problem if any foruninterrupted/ smooth execution of core drilling work.

h) The agency shall achieve a minimum of 90% of the ML wise awarded workwithin the stipulated time period as per the LOI/Work orders issued.

i) Concrete pillars are to be constructed on the completed holes and details willbe written on the concrete pillar indicating the drill hole number, locationcoordinates and RL under the guidance of the Site Geologist/Camp In-charge.

j) The agency shall undertake necessary survey work required for locating thebore holes on the ground, measurement of the co-ordinates, RL of thecompleted holes and profile of each drill section etc. as per the plan oradvice of the Site Geologist/ Camp In charge.

9. RESPONSIBILITY OF OMC

a) The OMC site representative (Site Geologist/Camp In-charge) will show thearea and drill hole locations broadly as per the bore hole plan.

b) OMC Limited will provide the principal employer certificate to the agency ifnecessary for obtaining labour license.

c) The Mines Manager / Labour Welfare Officer of the respective mines (as thecase may be) & the camp in-charge /Site Geologist will verify all thestatutory records/ returns of the agency from time to time .

d) The format for daily as well as weekly progress report of the drilling workalong with the logging report shall be provided by the Site Geologist/CampIn-charge.

e) The camp in-charge /Site Geologist shall provide the reference pointcoordinates & RL for fixation of boreholes in the field.

10. REPRESENTATIVES

1. An authorized person / Geological Executive, to be nominated by therespective Sectional Head of Geology of the region, who will act as the SiteGeologist of OMC for the lease hold areas for the purpose of execution ofthe drilling work by the agency. Besides, respective Sectional Head ofGeology of the region may authorize more than one Geological Executiveunder his control to supervise the work as per requirement.

2. The agency will declare the name and designation of its site representativewho shall be responsible for execution of the work and will act according tothe instruction of the representative / authorities of OMC.

11. Accident or injury to workmen

a) OMC shall not be liable for or in respect of any damages or compensationpayable as per law in respect of and in consequences of any accident orinjury to any workmen or any other person in the employment of the agency,save and except for accident or injury resulting from any act or default ofOMC. The agency shall indemnify and keep indemnified OMC against all suchdamages and compensation (save & except as aforesaid) as against all claimsdemands, proceedings, costs, charges and expenses whatsoever in respect orin relation thereto.

b) The agency shall at all times indemnify OMC against all claims forcompensation under the provision of the Workmen’s Compensation Act, 1923,or any other law for the time being in force by or in respect of any workmenemployed by the agency in carrying out the Agreement and against all costsand expenses for penalties incurred by OMC in connection therewith (withoutprejudice to any other means of recovery). OMC shall be entitled to deductfrom the agency any money due or becoming due to the agency (whetherunder this agreement or any other agreement) payable by way ofcompensation aforesaid or for costs or expenses in connection with andclaims thereto. The agency shall abide by the decision of OMC as to the sumpayable by the agency under the provisions of this clause.

c) In respect of all labourers employed by the agency in the ML area, the agencyshall comply with all legislations and rules of State and/or CentralGovernment or other local authority framed from time to time governing theprotection of health, sanitary arrangements, wages, welfare and safety forlabour employed for the works. The rules and other statutory obligations withregard to the wages, welfare and safety measures, maintenance of registersetc. shall be deemed to be part of the Agreement.

12. GENERAL

a) OMC Limited reserves all the right to terminate the Agreement/Work Orderat any point of time, on imposition of penalty, if the progress, precision &quality of the core drilling work are found not to be satisfactory during theperiodical assessment.

b)In case of stoppage of drilling work due to reasons beyond the control ofagency waival of penalty may be considered at OMC’s discretion.

c) The decision of the Chairman/CMD/MD, OMC Limited shall be final andbinding in case of any dispute that may arise during the period of this workor in connection with the agreement/ contract.

13. PENALTY

Penalty shall be imposed as below:

a) If the qualified L-1 bidder does not accept LOI /work order in respect of anyML at the approved L-1/ negotiated price the work shall be terminated withforfeiture of EMD.

b) In case the selected agency fails to start the work within two monthsincluding one month mobilization period, the contract may be terminatedalong with forfeiture of the EMD/ISD, at OMC option.

c) In case the agency fails to achieve a minimum of 90% of the awarded workwithin the stipulated time period as per the work order, penalty @10% forthe balance awarded work value shall be recovered from the R/A bills, SDand/or ISD deposited with OMC.

d) In case the agency delays/discontinues/quits the work in any point of time,10% of the balance awarded work value shall be recovered from the SD andISD and payables available with OMC.

e) In case of delay and/or shortfall in achievement of target caused due toreasons beyond control of agency penalty may be waived subject to approvalof Chairman/CMD/MD of OMC Ltd.

14. TERMS OF PAYMENT:- Payment shall be made on the approved baseunit price considering the followings:

a) Extra 60% payment over the approved base unit price per meter shall bepaid for drilling in BHJ/BHQ/Chert in Iron ore & associated formation.

b) Beyond 100 Meters depth in a hole, telescopic rate for each additional 100Meters depth shall be paid with 10% increase over the approved base unitprice per meter.

c) In case a bore hole is drilled beyond 100 meters & also encountersBHJ/BHQ/Chert formations, the increase of price 60% in respect ofBHJ/BHQ/Chert formation shall be calculated on the unit price afterconsideration of telescopic rate as applicable (Sub-clause j & k of clause No-7of this tender schedule).

d) ML wise monthly R/A bills in triplicate in respect of completed bore holes &work done during the month (along with JMC/Monthly progress report jointlysigned by the site geologist & representative of the agency) will be submittedby the agency to the Prospecting Camp in-charge of OMC.

e) The Camp in-charge & Site Geologist shall check & certify the RA bill inrespect of the quantity of work completed with observation of specification,terms and conditions of the agreement.

f) The Camp Officer-In charge shall process R.A. Bill along with the jointmeasurement certificate (JMC) and other statutory documents like labourlicense, deposit of EPF and submission of returns as submitted by the agency,to the Mines Manager/Manager (LW) of concerned Mines for necessaryverification & certification. On receipt of recommendation of concerned MinesManager/Labour Welfare Officer the Camp Officer shall certify work done and

observation of works specification (clause No.3) and forward the R.A. Billsto the Sectional Head of Geology of the Region.

g) The respective Sectional Head of Geology of the region will forward the abovebills with his recommendations to the Regional Manager of the region forrelease of payment.

h) For payment, minimum 90% core recovery in the ore zone and minimum70% in other formation in a bore hole is required for release of payment.Below this limit no payment shall be made.

i) The monthly running bill amount in respect of completed drill holes would bereleased by the concerned Regional Manager/ Manager (Finance), OMC afterdeduction of 5% of the bill value towards Security Deposit (SD) & others ifany.

J) Applicable Income Tax and Education Cess etc. on R.A. bill value shall bededucted from the bills.

k) After completion of the awarded work, a check list on work performance ofthe agency, compliance of terms and conditions, clearance of all dues,liabilities and any other outstanding dues against the agency signed by thesite Geologist/Camp Officer, concerned Mines Manager/LWO, Sectional Headof Geology & Manager (Fin) of respective region and duly countersigned bythe Regional Manager shall be forwarded to the Head of Geology Division,HOwith recommendation for release of SD & ISD .

l) On receipt of the above recommendation of concerned Regional Manager, theHead of Geology Division, HO Bhubaneswar shall recommend to the FinanceSection, HO for release of SD in favour of the agency in respect of that ML.

m) The ISD shall be returned ML wise at Head Office after 60 days from releaseof the SD of respective MLs.

n) GST as applicable shall be paid extra.

15. GST:

1) The Successful Bidder should have registration under GST Acts

2) The Successful Bidder has to raise Invoice as required under section 31 of theGST Act and relevant Rules made there under.

3) The Invoice should contain the following particulars as required under Rule 46of CGST Rules;

a) Name, address and Goods and Services Tax Identification Number of theSupplier;

b) A consecutive serial number not exceeding sixteen characters, in one ormultiple series, containing alphabets or numerals or special characters-hyphen or dash and slash symbolised as “-” and “/” respectively, and anycombination thereof, unique for a financial year;

c) Date of its issue;

d) Name, address and Goods and Services Tax Identification Number or UniqueIdentity Number, if registered, of the recipient;

e) Harmonised System of Nomenclature code for goods or SAC code for services;

f) Description of goods or services;

g) Quantity in case of goods and unit or Unique Quantity Code thereof;

h) Total value of supply of goods or services or both;

i) Taxable value of the supply of goods or services or both taking into accountdiscount or abatement, if any;

j) Rate of tax (Central tax, State tax, integrated tax, Union territory tax or Cess);

k) Amount of tax charged in respect of taxable goods or services (Central tax,State tax, integrated tax, Union territory tax or Cess);

l) Place of supply along with the name of the State, in the case of a supply in thecourse of Inter-State Trade or Commerce;

m) Address of delivery where the same is different from the place of supply;

n) Whether the tax is payable on reverse charge basis; and

o) Signature or digital signature of the supplier or his authorised representative.

4) The Successful Bidder should file the GST Returns as required in the GST Acts,and details of Invoice submitted to OMC and GST amount charged thereonshould reflect in Form GSTR-2A within a reasonable time, so as to make OMCenable to take Input Tax Credit (ITC) of the GST amount paid against those Bills.

5) If due to any reason attributable to the Successful Bidder, Input credit of theGST amount paid on Invoices raised by the Successful Bidder is not available toOMC/denied by the dept. then the same will be recovered from the dues of theSuccessful Bidder or the Successful Bidder has to deposit an equivalent amount.

6) The Successful Bidder has to comply with all the Provisions of GST Acts,Rules and Notifications issued there under.

7) The successful Bidder will comply with the "Anti profiteering Measure" asrequired under Section 171 of the CGST Act.

8) The Successful Bidder hereby undertakes to indemnify OMC, from anyliabilities arising in future due to noncompliance by the Successful Bidder of theGST Acts, Rules and any other Acts currently in force and applicable to theSuccessful Bidder in relation to the job assigned to the Successful Bidder by OMC.

16. EARNEST MONEY DEPOSIT (EMD):

16.1 The bidder has to submit EMD along with the tender separately for each ML,as given in table (column no.5) of clause no.2 of tender schedule, in form of aDemand Draft /Pay Order drawn in favour of "The Odisha Mining CorporationLimited" payable in any Scheduled / Nationalized Bank at Bhubaneswar. TheEMD amount shall be adjusted against ISD amount. Tender submitted withoutEMD shall be rejected.

16.2 The EMD of all the bidders shall be refunded within one month in case thetender process is rejected.

16.3 The EMD along with the un-opened price bid of technically dis-qualifiedbidders shall be returned immediately after the evaluation of Technical Bid.

16.4 The EMD to the unsuccessful bidders except L2 Bidder shall be refundedafter completion of the tender process.

16.5 The EMD of L2 bidder shall be returned after issue of LOI/ work order or thebid validity period of six months.

16.6 If the successful /L-1 bidder declines to take up the awarded work, theEMD of the bidder shall be forfeited.

16.7 The EMD amount shall not carry any interest.

16.8 To facilitate refund of EMD to unsuccessful Bidders, please furnishthe bank details in the mandate form enclosed as at Annexure-IIIin the letter head of the bidder duly counter signed by the Banker.

17. INITIAL SECURITY DEPOSIT (ISD)a) The work order shall be issued as under scope of work (clause 2 of TS andclause -1 of TN) to L1 bidder by OMC in respect of Daitari ML and in case ofGandhamardan & Tiringpahar on receipt of required forest permission. Onreceipt of the work order, the selected agency has to deposit ISD @ 5% of thework value on awarded quantity of work and sign agreement with OMC withinone month time from the date of issue of LOI/ work order or else the R/A billsshall not be released.

b) The ISD shall be returned ML wise at Head Office after successful completion ofthe awarded work, in accordance with the terms and conditions and after 60days from release of the SD.

c) In case the agency quits the work in the middle of any year or at any point oftime, penalty shall be imposed as per clause-13 as applicable.

d) The ISD amount shall not carry any interest.

18. INSPECTION OF WORK

Competent officials of OMC will have the authority to inspect the workanytime, anywhere including the premises of the firm/agency executing thework. The agency shall extend every facility and assistance to carry outsuch inspection.

19. AGREEMENT/CONTRACT

Agreement shall be signed after issue of LOI/ work order. The agency has todeposit the ISD for signing of the agreement within one month time from thedate of issue of LOI/ work order. No payment shall be released unless theagreement is signed by the selected bidder.

20. RIGHT TO RISK PURCHASE

If the Seller fails to fulfill the terms and conditions of the order, OMC shallhave the right to procure the materials / services from any other party forexecution / completion of the contract and recover from Supplier all charges/expenses / losses / damages suffered by OMC, at the risk and cost of the sellerafter giving 15 days’ notice to the seller. This will be without prejudice to therights of OMC for any other action including termination.

21. DISPUTE RESOLUTION

In case of dispute arising out of or in connection with this contract, thedisputant shall nominate/ select one of the arbitrators out of the panel of threeretired District Judges of Odisha to be selected by the management of OMC Ltd.The panel of arbitrators to be selected by the Management shall comprise ofretired Judges of Odisha High Court or retired State Government Officers of ChiefSecretary cadre/ level. The arbitration proceeding shall be conducted inaccordance with the procedures laid down under the Act, 1996.

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