Scribd
Upload
393 views1 page

wITHHOLD 10% Dcipl For EOT

This document is a payment statement for the construction of a bypass and road strengthening project. It provides details of the total work value, deductions for retention, taxes, and withholding amounts. The net payable amount in this payment is Rs. 10,394,547 (Rupees One Crore Three Lac Ninety Four Thousand Only), which is being released as the withheld 10% amount for time overruns as per the contractor's request letter.

Uploaded by

LTelford Rudraprayag
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
393 views1 page

wITHHOLD 10% Dcipl For EOT

This document is a payment statement for the construction of a bypass and road strengthening project. It provides details of the total work value, deductions for retention, taxes, and withholding amounts. The net payable amount in this payment is Rs. 10,394,547 (Rupees One Crore Three Lac Ninety Four Thousand Only), which is being released as the withheld 10% amount for time overruns as per the contractor's request letter.

Uploaded by

LTelford Rudraprayag
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Release of Hold Amount(For EOT) in Stage Payment Statement No:- 01 & 02

As per Schedule - O
Project Construction of Kaliasaur Bypass having provision of 3 no’s Bridge(182.10m, 250.00m & 162.10m)and 2 Lane road with paved Shoulder
Name Configuration & Strengthening of NH-58 from Km 349.800 to Km 355.495(total 3.22 Km) in the state of Uttarakhand under EPC mode.
Employer PWD,NH Division, Rudraprayag,Uttarakhand
Authority
M/S Highway Engineering Consultants in association with Ltelford Consulting Engineer Pvt.Ltd. New Delhi
Engineer
Contractor M/S Dharamraj Contracts (India) Private Limited.
Agreement No.08/CE-NH&B/2017 DATE 27-05-2017
Cumulative Up to Previous This IPC
Sl. No. Description Remarks
Rs. Rs. Rs.
PAYMENT DETAILS

1 Total Value of work done

(a) Work Done as per Agreement (19.3.1) 124,203,425 124,203,425 -

(b) Price Adjustment as per Clause 19.10

(c) Work Done as per Change of Scope (13.1) - 0 -

(d) Total (a+b+c) = 124,203,424 124,203,425 -

(e) Withheld Amount 5,725,373 5,725,373 -

(f) Released withheld Amount -

A Total value of Work done (a+b+c+d) = 118,478,052 118,478,052 -

2 DEDUCTUCTIONS

(i) Retention money @ 6% 7,108,683 7,108,683 0

(ii) Total Amount of Mobilization Advance recovered. - - -

(iii) Interest on Mobilisation Advance - - -

(iv) Withheld Amount - - -

(v) Royalty distric mining fund dist- Rudraprayag 200,000 200,000.00 -

(vi) Royality 1,300,000 1,300,000.00 -

B Sub Total 8,608,683 8,608,683 0

3 Recovery Amount Creditable to other Works

(a) Income Tax @ 2.0% (on A). Due I.T on (1(e)- 2(iv)) 2,369,561 2,369,561 -

(b) GST/Trade tax @ 2% 9 on (A) 2,369,561 2,369,561 -

(c) Labour Cess Tax @ 1% ((on 1(d)) 1,184,781 1,184,781 -

(c) Vat Tax 5% - -

(d) Goods& Service Tax (GST) @ (5% on 1(a) - -

C Sub Total 5,923,903 5,923,903 -

D PAYABLE AMOUNT = (A) - (B) - (C) 103,945,466 103,945,466 0

E Withheld Amount (Clause 19.5.1) 10% 4,329,404 4,329,404 -


Release as per
Contractor Letter
No:-
Withheld / Release 10% for EOT is under process as on date - 10,394,547 10,394,547
DCIPL/SHRINAGAR
/0745 Dated
11.05.2020
F NET PAYABLE AMOUNT = (D) - (E) 99,616,062 89,221,515 10,394,547

Net Total Payable Amount in this Bill = 10,394,547 One Crore Three Lac

In Words :- Rupees One Crore Three Lac Ninety Four Thousand Only

Signature Team Leader


Contractor

You might also like