Section 126
Reward May Be Given To Those Who Complete Work Prior To Time
(1) It may be provided that the public entity may reward the construction entrepreneur who completes the work prior to the period specified in the procurement contract.
(2) The amount of reward referred to in sub-rule (1) shall be determined on the basis of sub-rule (3) for such a number of days by which the work was completed before the period specified in the procurement contract.
(3) While determining the rate referred to in sub-rule (2), the rate shall be so determined as equivalent to the same amount that the construction entrepreneur has to pay as liquidate damages to the public entity on daily basis for failure to complete the work within the period specified in the procurement contract.
(4) Notwithstanding anything contained elsewhere in this Rule, the total amount of reward shall not exceed ten percent of the contract price.
(2) The amount of reward referred to in sub-rule (1) shall be determined on the basis of sub-rule (3) for such a number of days by which the work was completed before the period specified in the procurement contract.
(3) While determining the rate referred to in sub-rule (2), the rate shall be so determined as equivalent to the same amount that the construction entrepreneur has to pay as liquidate damages to the public entity on daily basis for failure to complete the work within the period specified in the procurement contract.
(4) Notwithstanding anything contained elsewhere in this Rule, the total amount of reward shall not exceed ten percent of the contract price.
Public Procurement Regulation, 2007 (2064)
Chapter - 2
Section 3: Preparation To Be Made For Procurement ProceedingSection 3A: Provisions Relating To Packaging And SlicingSection 4: Procurement Not To Be Made Without Order Of The Competent AuthoritySection 5: Procurement Requisition To Be ReceivedSection 5A: Description Of Goods, Construction Works And Services To Be ApprovedSection 6: Provision Of Budget And Construction SiteSection 7: Master Procurement Plan To Be PreparedSection 8: Annual Procurement Plan To Be PreparedSection 9: Matters To Be Considered In Preparing The Cost EstimateSection 10: Cost Estimate Of Construction WorksSection 11: Cost Estimate Of GoodsSection 12: Cost Estimate Of Consultancy ServicesSection 13: Cost Estimate Of Other ServicesSection 14: Approval Of Cost EstimateSection 15: Cost Estimate To Be UpdatedSection 16: Functions Of Procurement Division, Section Or Unit
Chapter - 3
Section 17: Goods Manufactured In Nepal To Be ProcuredSection 18: Provisions Relating To Preparation Of Standing ListSection 19: Procurement To Be Made From Those Who Have Obtained Permanent Account Number And Value Added Tax Registration CertificateSection 20: Selection Of Procurement ContractSection 21: Procurement Contract Of Goods Or Other ServicesSection 22: Procurement Contract For Construction WorksSection 23: Procurement Contract For Consultancy ServicesSection 24: Conditions May Be Specified
Chapter - 4
Section 25: Criteria On Qualification Of Bidders Supplying GoodsSection 26: Criteria As To Qualification Of Construction EntrepreneursSection 27: Criteria As To Qualification Of Proponents Of Consultancy ServicesSection 28: Criteria As To Qualification Of Joint VentureSection 29: Documents Setting Out Economic And Financial Capacity May Be RequiredSection 30: Provisions Relating To Execution Of Work By Sub-contractor
Chapter - 5
Section 31: Procurement To Be Made Through BiddingSection 31A: Procedure Of Procurement Through Lump Sum Price Rate MethodSection 31B: Procedure For Procurement To Be Made At The Rate Specified By The Producer Or Authorized Seller (catalogue Shopping Method)Section 31C: Procedure For Procurement To Be Made Through Limited Tendering MethodSection 31D: Procedure For Procurement To Be Made Through Buy Back MethodSection 31E: Procurement To Be Made Through Competition Between Native Bidders OnlySection 31F: Preference To Be Given To Domestic BiddersSection 31G: Procedure For Procurement By Making Invitation To Financial Proposals Of Construction WorksSection 32: Matters To Be Specified In Pre-qualification DocumentsSection 33: Pre-qualification Criteria To Be ApprovedSection 34: Pre-qualification Documents To Be ProvidedSection 35: Selection Of Qualified ApplicantsSection 36: Report To Be SubmittedSection 37: Matters To Be Specified In Bidding DocumentsSection 38: Prohibition Of DiscriminationSection 39: Details Of Agent To Be Set OutSection 40: Criteria And Documents Relating To Eligibility Of Bidder To Be MentionedSection 41: Language Of BidSection 42: Matters To Be Specified In Technical Specifications Of GoodsSection 43: Matters To Be Specified In Technical Specifications Of Construction WorksSection 44: Matters To Be Specified In Specifications Of Other ServicesSection 45: Documents To Be Included In Bidding DocumentsSection 46: Instruction To Prepare And Submit BidsSection 47: Bidding Documents To Be ApprovedSection 48: Fees For Bidding DocumentsSection 49: Cost Estimate To Be Specified In Notice Of Invitation To BidsSection 49A: Matters To Be Specified In Notice Of Invitation To BidsSection 50: XxxxxxxSection 51: Visit Of Site Of WorksSection 52: Pre-bid MeetingSection 53: Bid SecuritySection 54: Validity Period Of BidSection 54A: XxxxxxxSection 55: Necessary Copies Of Bid To Be SubmittedSection 56: Register To Be Maintained And Receipt To Be GivenSection 57: Safety Of BidsSection 58: 83 Withdrawal Or Modification Of BidsSection 59: Opening Of BidsSection 60: Examination Of Completeness Of BidsSection 61: Evaluation Of BidsSection 62: Evaluation Of Technical Aspect Of BidsSection 63: Evaluation Of Financial Aspect Of BidsSection 64: Evaluation Of Financial Aspect Of BidsSection 65: Special Evaluation Of Bids Of Construction WorksSection 65A: Special Provision Relating To EvaluationSection 66: Report To Be SubmittedSection 67: Authority To Approve The BidSection 68: Sample Of Goods
Chapter - 6
Section 69: Terms Of Reference To Be PreparedSection 70: Short List To Be Prepared By Inviting Open Expression Of IntentSection 71: Invitation To ProposalsSection 72: Consultancy Service May Be Procured By Inviting Proposals From Consultants In The Standing ListSection 73: Matters To Be Specified In Instructions To Prepare ProposalsSection 74: Method Of Selecting ProposalSection 75: Manner Of Opening ProposalsSection 76: Manner Of Evaluating Technical ProposalsSection 77: Evaluation Report To Be PreparedSection 78: Notice To Be Given To The Proponents Selected From Evaluation Of Technical ProposalsSection 79: To Open Financial ProposalsSection 80: Evaluation Of Financial ProposalsSection 81: Selection Of ProponentSection 81A: Authority To Approve Proposal Relating To Consultancy ServiceSection 82: 137 Procurement Through Direct NegotiationSection 83: Other Method
Chapter - 9
Section 94: Provision On Renting A House, LandSection 95: Procedures Relating To Service ContractSection 96: Procedures For Repair And Maintenance Of GoodsSection 97: Procedures Of Carrying Out Work Through Users' Committee Or Beneficiary CommunitySection 98: To Have Construction Work Executed Through Force AccountSection 99: Provisions Relating To Execution Of Work By A Non-governmental Organization
Chapter - 10
Section 100: Matters To Be Specified In Application To Be Made To The Chief Of Public EntitySection 101: Ceiling Of The AmountSection 102: Details To Be SubmittedSection 103: Matters To Be Set Out In Application To Be Made For Review…Section 104: Security To Be FurnishedSection 105: Method Of Sending Application For ReviewSection 106: Matters To Be Stated In Information And CommentsSection 107: Hearing Concerning ReviewSection 108: Records Of Decisions On Complaints
Chapter - 11
Section 109: Budget Code To Be MentionedSection 110: Performance Security To Be Furnished For Conclusion Of ContractSection 111: Provisions Concerning Implementation Of ContractSection 112: Insurance To Be MadeSection 113: Provisions On Payment And Settlement Of AdvanceSection 114: Pre-shipment InspectionSection 115: Inspection And Acceptance Of GoodsSection 116: Auction Of Goods And Recovery Of AmountSection 117: Work Acceptance ReportSection 118: 207 Procedures Relating To VariationSection 119: Price AdjustmentSection 120: Period Of Procurement Contract May Be ExtendedSection 121: Liquidated DamagesSection 122: Matters To Be Set Out In Bills Or InvoicesSection 123: Payment Of Bills Or InvoicesSection 124: Final PaymentSection 125: Work Completion Report To Be SubmittedSection 126: Reward May Be Given To Those Who Complete Work Prior To TimeSection 127: Payment To Be Made In Case Of Termination Of Procurement Contract On Ground Of ConvenienceSection 128: Remedies To Be Available In Event Of Breach Of Procurement Contract
Chapter - 13
Section 136: Documents Relating To Procurement Proceeding To Be ProvidedSection 137: Public Notice Of Procurement ContractSection 138: Consultant To Avoid Conflict Of InterestSection 139: Information As To Inducement, Corruption Or Fraudulent PracticeSection 140: Power To Make Supervision And ExaminationSection 141: BlacklistingSection 142: To Release From BlacklistSection 143: Records To Be Kept
Chapter - 15
Section 145: Provision Concerning Procurement In Special CircumstanceSection 145A: Establishment Of Government Procurement Service OfficeSection 145B: XxxxxxxSection 146: Use Of Electronic Communication MeansSection 147: Evaluation CommitteeSection 148: Rate Fixation CommitteeSection 149: Records Of Procurement ProceedingSection 150: Delegation Of AuthoritySection 151: To Specify FormatSection 152: Change Or Alteration In SchedulesSection 153: Repeal And Saving