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