Page 16 - Plastics News April 2023

NOTIFICATION

ii Imposition of Liquidated damages (damages 95% of the Liquidated Damages (LD) deducted or 95%
deducted for late deliveries) or the damages of the risk purchase amount realized by the procuring
levied under the risk purchase. entities from the MSME.
iii Bid security (Earnest Money Deposit) for- 95% of the Bid security (Earnest Money Deposit) for-
feited feited.
iv Debarment of the contractor due to default Revocation of debarment by issue of an appropriate or-
in execution of eligible contracts/ eligible ten- der by the procuring entity. The date of revocation shall
ders under the scheme be the date of such order.

However, in case a firm has been ignored for placement
of any contract due to debarment in the interim period
(i.e. date of debarment and the date of revocation under
this order), no claim shall be entertained.
Notes:
i. No interest shall be paid on such refund/ relief amount in any case.

ii. Deleted.
iii. In case liquidated damages and/ or performance security and/ or damages under risk purchase have been deducted
in the same contract, total relief will be 95% of LD forfeited plus 95% of the performance security forfeited plus
95% of the damages under risk purchase realized.
iv. For cases where recoveries/ forfeiture for liquidated damages and/ or performance security and/ or damages under
risk purchase have not materialized/ completed, the cases shall be dealt on the principles of this circular under para
3 as above.
4. Government e-Marketplace (GeM) has provided a dedicated link on their portal for implementation of this scheme.
The link/ portal has the functionality for MSME Vendors to register their claims through its authorized personnel.
For non- GeM contracts of Ministry of Railways, MSME vendors will be required to register on IRePS (www.ireps.
gov.in). The information regarding contracts for which claim is to be lodged on IRePS will be provided on GeM as
well as IRePS. The broad features of this portal are as under:
i. The registered contractor shall list out the eligible contracts on the portal. The list of the procuring entities is avail-
able through drop down menu on the portal. The details, such as contract number, contracting authority, Deducted/
forfeited amount, etc. will be submitted by the contractor on the portal.
ii. GeM portal shall intimate through dashboard such details to the procuring entities to verify and refund the claim
in terms of the eligibility etc. mentioned above and shall update the portal with the amount, date and transaction
details of the payment. Procuring entities must approve/ reject the claim within 30 days of claim submitted by the
contractor on the portal. Further, once claim is accepted, payment must be made and details are entered on the
portal by the procuring entities within 30 days of the acceptance of the claim.
iii. Pendency Reports to each procuring entity shall be provided by GeM.s

5. The date of commencement of the scheme will be 17.04.2023 and claims can be submitted by 30.06.2023.

(Kanwalpreet)

Director(PPD)
Tel. No. 2309 3811; email: kanwal.irss@gov.in

16 PLASTICS NEWSASTICS NEWS April 2023
16 PL
April 2023