RECOVERY FERMAT

1. 1.2 Name of PMC
18,755,913.38
8.Total Value in this Bill (Rs) without GST 15,894,841.85
Sr. No. PARTICULARS
RECOVERY ALREADY
MADE (Rs)
RECOVERY TO BE MADE
FROM THIS BILL (Rs)
UPTO DATE AMT. TO
BE RECOVERED (Rs)
1 Recovery against Advance (Mobilization) @10% - - -
2 Interest on mobilization advance - - -
Interest may be
deducted by Finance
deptt. as applicable.
3 Income Tax: TDS 1.5% - -
4 GST TDS .9% 5,718,642.69 143,053.58 5,861,696.27
5
Building &
Const Cess @1%
- - -
6 Recovery against Penalty 169,000.00 77,000.00 246,000.00
Penalty against saftey
violations
TOTAL AMOUNT 5,887,642.69 220,053.58 6,107,696.27
Site Engineer
Engineer-in-Charge
(IOCL)
Construction-in-Charge
(IHB)
CONTRACTOR
REMARKS
10% of Gross Value of This Bill
(Basic Value of this bill - recovery against Mob.
Advance)* 1.5%
(Basic Value of this bill - recovery against Mob.
Advance)* .9%
1% of Basic Value of This Bill Amount (INR ) will Be
directly Paid to Bhopal Labour Deprtment
5. Date of Measurement 01.11.2022
6. Period of work From 01.10.2022 to 31.10.2022
7.Total Value in this Bill (Rs) with GST
4. Name of the Contractor M/S Corrtech International Ltd
IHB LIMITED
KGPL PROJECT, GROUP-11
RECOVERY & RETENTION STATEMENT
1.1 Name of the Client IHB LIMITED
Indian Oil Corporation Limited
2. Name of the Work
:Laying 20”/18”/10.75” OD, 902 Km (approx.) Cross Country LPG Pipeline From IOCL Sanand to MP/UP Border Under Kandla
Gorakhpur LPG Pipeline Project.
3. LOA NO. & DATE IHB/KGPL/20.3/PLCC/KGPL-IHB/CL/20011/Group-11 dated 4th Dec 2020.
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