To the
Eminent senior experts
Sir,
The company (a 100%Govt Co) engaged in constructions of various projects through Contractor(s) aided by Govt Funds.
While release payments(in instalments) to the Contractor(s), in the Bill it is mentioned % of work done.
But in case of any subsquent disputs this payment(s) release based on % of work done goes against the Company.
My query before you is can we write down under-mentioned sentence on the bill while release payments. Particularly can Clause (b) will be acted in favoure of our company?
(a)Prima facie ...................................% of work of the project being done.
(b) However as the project being a ‘Turn Key Project’ henceforth unless & until the referred project being fully completed and performed according to the full satisfaction of the management of WBLDCL, the above referred statement in clause (a) will not be considered as conclusive and/or suggestive statement for any purpose.
Regards
Abhijit
