Common use of Works to be executed Clause in Contracts

Works to be executed. i. Licensee shall be required to execute all works as required for the commercial use in the Licensed Space(s) without damaging any loads bearing / structural members and any services / utility etc. The works to be executed by Licensee shall include but shall not be limited to the following: a. To complete the construction work associated with the licensed space/s within moratorium period. All external/internal finishing works including walls, internal partitions, doors, flooring, plastering, painting etc. ▪ make necessary arrangement for water purifier. ▪ Distribution of water including installation of meters, storage and purification after taking all the approvals. ii. In case where infrastructure facilities as required to be provided by Maha-Metro are not available and provision of the same is likely to be delayed, Maha-Metro may permit the Licensee to execute those infrastructure works in full or in part on behalf of Maha-Metro. iii. The specifications and rates of these works shall be agreed upon between Maha-Metro and the Licensee in writing. During execution, works shall be inspected by authorized representative of Maha-Metro to ensure their execution as per prescribed specifications. iv. The amount payable to Licensee for execution of above-mentioned infrastructure works, shall after their successful execution, be adjusted against bills raised on them for payment of recurring charges. The adjustment for amount so payable to the Licensee against payment for infrastructure works executed by him may also be made in part, to facilitate his cash flow without prejudice to adjustment of the final amount to be reckoned after completion of works.