Description :
Tenders for Corrigendum : Biennial Rate Contract For Outsourcing Of Lifting And Shifting Of Equipment For Workshops Of East Yard, Sb Stores And Any Other Work Place/work Shop Of Mdl For Project-75 And Mrlc. Formula To Note: Total Contract Value (tcv) Will Be Evaluated As Follows: Tcv (incl. Of Gst) = [(minimum Wages + Compliances To Statutory Obligations) Per Man Day*1.18 + {(minimum Wages+ Compliances To Statutory Obligations) Per Man Day *service Charge}/100] * Total No. Of Mandays *gst Considered In Above Formula As 18%. *3.85% Service Charges Is Inclusive Of 18% Gst. *final Total Contract Value Will Be Considered Upto 2 Decimal Place Only For Ranking.
