Consultancy - PDF document

Ele ctricity Regulatory Commission 3rd & 4th – 110 001,Tel : 23753920/ Fax : reputed Consultancy firms by 29 .12.2014 upto 1500 Hrs. of Reference (ToR) are aYailable on the Rebsite of “FO R” i.e. www.forumofregulators .gov.in Executive Secretary(FOR) 24 / Appendix - ‘’ / CERTIFICATE The undersigned agree to abide by the conditions of the grants and certify that available facilities for proposed work shall be extended to the investigator/study team. Signature of Executive Authority Investigator/of the Organisation Signature of the Principal Head of the Study Team Name and Designation Date Name and Designation Date Signature of Co - investigator Name and Designation Date Official stamp of Organization/Institution 25 / ANNEXURE ʹ III / On 5 0 R s S t a m p P aper A G R EE M E N T This agreement made on this day of [here give the date of the agreement] at New Delhi BETWEEN [here give the Name and address of the consultant or P rofessional Expert] hereinafter referred to as “the consultant/professional expert” of one part an d the Forum of Regulators, C/o. Secretariat: Central Electricity Regulatory Commission, 3rd and 4 the Floor , Chanderlok Building, 36 Janpath, New Delhi - 110001 (herein after called "the FOR") of the other part. W HERE A S ( A ) the FOR, on being satisfied that there is a need to appoint a [Corporate consultant or Professional Expert] for study on “ "Competitive Tariff vis - a - vis Cost plus Tariff - Critical Analysis" ” invited quotations vide notice [ 1/24/2014 - Study(CT)/FOR/CERC dat ed 5 th November 2014. ] (B)the [consultant/Professional Expert] responded to the above notice and submitted his quotations vide his letter [here give the No and date of the quotation of the consultant] (C) the FOR, on scrutiny of the responses received in response to its above mentioned notice dated [here give the date of the notice inviting quotations] including the one received from the [consultant/professional Expert] has decided to engage the consultant/professional expert for the above said assignment . (D) the consultant/professional expert has agreed, to take up the above said assignment N O W T H I S A GREEME N T W I TN E SS ETH AS U N DER: Th a t t he P a rties to th i s A g r ee ment h a v e a g ree d to te r ms and c ondi t ions m e nt i on e d b e low: 26 1. D e f i n itio n s: (i) “Confidential information” mean any and all information communicated to the consultant by the FOR duly marked so. (ii) “Person” shall include any company or body corporate or association or body of individuals, whether incorporated or not, or artificial juridical person; (iii) “Secretary” means the Secretary of the FOR. 2. Nature of work: The consultant/pro fessional expert shall be engaged as [Corporate consultant or Professional (xpert] for the study on “Performance of 'istribution 8tilities” in accordance with the Terms of Reference (Annexure - I) attached hereto and which shall be deemed to be a part of thi s agreement for all intents and purposes. 3. C o m m e nce m e n t a n d du r a t ion of ass i g n m e n t: The above assignment shall commence with effect from [the date of this agreement] and shall be valid for a period of 120 Days . 4. O b l i gations o f t h e c o n s u ltant: (i) The c onsultant shall a d h e re to the t i m e - f ra m e spe c ified in the T e r m s of R e f e r e n c e a nd submit the d e l i v e r a bles to the Se c reta r y . (ii) The c onsultant s h a ll ma k e the p re s e ntations b e f or e the F OR a s r e quir e d b y the S ec r e t a r y . (iii) The c onsultant shall e ns u re that the in t e rim a nd f i n a l findin g s of the stu d y a nd the c ontents of his in t e r i m a n d fin a l r e ports to t h e F OR a re not di s c losed to a n y p e rson unl e ss e x p re s s l y a uthori z e d b y F OR. 5. E n ti t le me n ts of t h e Cons u ltant: (i) The c onsultant/pro fe ss i o n a l e x p e rt shall be e nt i t led to Rs. [ H e re g ive the a mount p a y a b l e a nd the s c h e dule of p a y ment a nd a n y other p r ovis i on su c h a s TDS, e tc.] (ii) The c onsultant/pro fe ss i o n a l e x p e rt shall be p a id a s p e r c lause 5 of T e rms of R e f e r e n c e ( An n e x u r e - I ). (iii) The c onsultant/pro f e ss i on a l e x p e rt shall not be e nt i t l e d to a n y other r e mune r a t i on or re i m bur s e ment or p e rquisi t e s o r fa c i l i t ies. 6. R e st r i c tive t e r m s: (i) The c onsultant fu r ther a f fi r ms a nd c onfi r ms that t he c u r r e nt a ss i g n m e nt is not a nd shall not b e , in c o n flict with a n y of i t s p re s e nt obl i g a t i ons to a n y p a r t y with whom he/sh e / i t has a ssoci a t i on. (ii) The c onsultant fu r ther a ffirms a nd c onfi r ms that h e /she/it shall hold a ll Confid e nt i a l I n fo r mati o n in c onfid e n c e a nd w i th the s a me d e g r e e of ca re 27 h e /she/it uses to k ee p hi s /he r / i t own si m i l a r info r mation c onfid e nt i a l, but in no e v e nt shall it u s e less th a n a r e a so n a ble d e g ree of c a r e ; a nd shall not, without the p r ior w r i t ten c onse n t of F OR, disclose such i n f o r mation to a n y p e rson for a n y r e a son a t a n y t i me; (iii) The F OR shall be e nt i t l e d to, without p re jud i c e to a n y other r i g ht for c iv i l or c rimin a l p r o c ee di n g s, r ece ive f r om the c onsu l tant/ p r o fe ss i on a l e x p e r t a c ompens a t i on for the d a mag e s for vio l a t i on b y h i m /he r / i t of a n y of t h e t e rms of the a g r ee ment whi c h s h a ll be l i m i ted to the total f e e of the a ss i g n m e nt. 7. T e r m i n a t ion of c o n t r a c t: At the option of the F O R : (i) W i t hout a n y not i ce : T h e a ss i g nment m a y be t e rmin a ted b y the F OR, a n y t i me, w i t h i m medi a te e f f ec t, under a n y of the f ol l owing c i r c ums t a n c e s: ( a ) I t h a s c ome to not i c e that the c onsultant/pro fe ss i on a l e x p e rt h a s b ee n c onvict e d f o r a n o f fen c e invo l ving m o r a l turpitude or un e th i ca l p r o fe ss i on a l p r ac t i ce s. (ii) W i t h one mo n th not i ce : The a ss i g nment m a y b e te r m i n a ted b y the FOR, under any of the following circumstance, by giving one month ' s notice and after providing an opportunity to the consultant/professional expert to offer explanation: ( a ) I t h a s c o m e to the not i c e of t h e F OR that the c o nsultant/pro fe ss i on a l h a s r e sort e d to f r a ud or sup p r e ss i on of m a te r ial i n fo r mation or submis s ion of f a lse info r mation or u n e th i ca l m ea ns to se c u re the a ss i g nment. (b) I t h a s come to t he not ic e of t he F o rum that the r e is a mat e ri a l c h a n g e in t he c ir c ums t a n c e s of the C onsultant b a s e d on whi c h the a ss i g nment w a s a w a r d e d to t he c onsulta n t / p r o fe ss i on a l e x p e rt. ( c ) The c onsultant/pro f e ss i on a l e x p e rt h a s f a i le d, without a n y v a l i d jus t ific a t i on, to a dh e r e t o t h e t i me - f r a me s p ec i f ied b y the F OR in the a ss i g nment. (d) The c onsultant h a s viola t e d a n y of the p rovisions of the a g r ee ment. At the option of e i t h e r parties (iii) B oth the p a rties n a me l y , the F OR a nd the Consul t a nt / p r o fe ss i on a l e x p e rt h a ve the opt i on to te r m i n a te t he a ss i g nment b y g iv i n g a not i c e of o n e mon t h or the e quival e nt r e mun e r a t i on in l ieu th e r e o f . 8. Ef f ec t of t e r m i n a t io n : On p re - m a ture t e rmin a t i on of the a ss i g nment, t h e F OR s h a ll p a y the c onsultant/pro f e ss i on a l e x p e rt, the r e mune ra t i on for the wo r k p e r f o r med b y hi m /he r / i t t i l l the d a te of te r m i n a t i on of the Contra c t. TOR - Competitive Tariff vi s - a - vis Cost plus Tariff - Critical Analysis 28 P rovid e d that in ca se o f a n y dispute a s to wh a t is the e nt i t l e d r e mune r a t i on for the wo r k the m a t t e r sh a ll be r e fer re d to a rbitr a t i on u n d e r the pro v is i ons of this ag ree m e nt. 9. No t ice A n y not i c e b e t w ee n the p a rties shall be in w r i t ing a nd post e d to the other p a r t y to t he l a st known a ddr e ss. 10. A r b it r a t io n : (i) A n y di f f e r e n c e , dispute, c laims whi c h m a y a ri s e b e tw ee n the p a rties h e r e t o a s to the c onstru c t i on o r true in t e nt a nd me a ni n g of a n y o f the te r ms a nd c o n di t ions h e r e in c ontain e d or a s to a n y p a y m e nt to be made in pursu a n c e h e r e of or a s to a n y other matter a risi n g out or a s to a n y oth e r matter a risi n g out of or c onn e c ted with or incid e ntal to the s e p re s e nts or a s to t h e r i g hts, dut i e s a nd obl i g a t i ons of a n y of the p a rties, such di f f e r e n ce , dispute or c l a im shall be mu t u a l l y s e t t led a m ic a b l y b y a rbitr a t i on thro u g h a sole a rbitr a tor a ppoin t e d b y t he F OR. (ii) The a rbitr a t i on shall be c ondu c ted in a c c o r d a n c e with the A r bi t r a t i on a nd Con c i l iation A c t, 1996 o r a n y statuto r y a mendm e nts the re o f . The v e nue of such a rbitr a t i on will be D e lh i /N e w De lh i . (iii) A r bi t r a t i on sh a ll be subj e c t t o En g l i sh l a n g u a g e . 11 . JU R I S DI C TION: I n r e spe c t of a n y l e g a l p r o cee di n g s a risi n g a s a r e sult of or r e lating to or inci d e ntal to th i s a g re e ment, the c o u r ts in D e lh i /N e w D e lhi a lone shall h ave e x c l u sive j u r is d ic t ion IN WITNESS WHEREOF, the Parties above n a med h a ve e x ec uted th i s Ag ree ment o f the d a y , mon t h a nd y e a r m e nt i on e d h e r e inabo v e . Signed by, ……………. [the consultant/Professional party or on behalf of ……..] in the presence of Signed by, ……………… on behalf of the FOR in the presence of