An item rate contract provides bidders with: 1) A bill of quantities showing items of work to be executed with quantities and units of measurement. 2) Bidders are invited to quote rates for each item in words and figures. 3) Payment for work done is based on actual quantities of work executed and measured, as well as materials supplied.

1. ITEM RATE CONTRACT
 Tenderers are supplied with detailed bill of quantities showing various items of
work to be executed
 Quantity under each item and unit of measurement
 Tenderers are invited to quote rates against each item both in words and
figures
 Payment for the work done is made on the basis of the quantities of work
actually executed and measured, materials supplied

2. Content of Bidding Documents
 Invitation for Bids (IFB)
 Instructions to Bidders (ITB)
 Qualification Information
 Conditions of Contract
 Contract Data
 Technical Specifications
 Contractor’s Bid
 Bill of Quantities
 Forms
 Drawings
 Documents to be furnished by bidder

3. • Company is setting up a 6 million tonnes per annum capacity
integrated steel plant in Kalinganagar Industrial Complex in Jajpur
district of Odisha.
• The state-of-the-art, Kalinganagar Project is being established in two
modules of three million tonnes each
• signing of the MOU, 3470 acres of land was allotted to the Steel
Company for setting up the steel plant by Odisha govt.
• plant site at Kalinganagar Industrial Complex is beside the National
Highway 200.
• all-weather ports at Paradip and Dhamra are at a distance of about
100 to 110 km by rail route.
• iron ore mines are located at a distance of about 200 km from the
project site.

4. • The project will have a 3X67.5 MW gas-based Captive Power Plant.
New technologies like Granshot Systems & CAS OB will be introduced
in the plant for steelmaking.
• The plant is also designed for Zero Liquid Discharge, Waste Recycling
Plant and Central Effluent Treatment Plant.