JABALPUR, India, Nov. 16 -- Madhya Pradesh High Court issued the following judgment/order on Oct. 15:
Subject petition has been filed by the petitioner contending that there is a Price Adjustment Clause, which is dependent on the variable components of the work, as per the contract. He submits that price stipulation is to be calculated based on the weightages of the various components, as determined by the competent technical sanction authority. He submits that because the competent technical sanction authority has not determined the weightages of the various components, the petitioner is unable to raise his bill and claim price adjustment. He submits that a representation dated 10.03.2025 has been given to the respondents to the said purpose, however, till date the same has not been disposed of.
In view of the above, we dispose of this petition directing the competent technical sanction authority to determine the weightages of the various components, as specified in the Price Adjustment Clause. Let the exercise be conducted within a period of 4 weeks from today. All rights and contentions of the parties are reserved.
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