JUDGMENT

R.C. Lahoti, J.-Leave granted.

2. In response to a Notice Inviting Tenders (NIT) issued by the respondent on 12.9.1984, the appellant submitted the tender based on the tender document issued by the respondents. The tender submitted by the appellant was accepted. On 22.2.1985, the appellant signed a letter to the following effect:-

"CA No. (GE) B-10 OF 85 86 SERIAL PAGE No. 23

(GENERAL CONDITIONS OF CONTRACT - IAFW-2249)

(1976 PRINT)

LUMP SUM CONTRACT FOR IAFW-2159

TERM CONTRACT FOR ARTIFICERS WORK (IAFW-1821)

MEASUREMENT CONTRACT-IAFW-1779 & 1779A

1. A copy of GENERAL CONDITIONS OF CONTRACTS (IAFW-2249 1976 PRINT) with Errata No. 1 to 27 and Amendment No. 1 to 27 has been supplied to me/us and as in my/our possession. I/We have read and understood the provisions contained in the aforesaid GENERAL CONDITIONS OF CONTRACTS before submission of this tender and I/We agree that I/We shall abide by the terms and conditions thereof, as modified, if any elsewhere in these tender documents.

2. It is hereby further agreed and declared by me/us, that the GENERAL CONDITIONS OF CONTRACTS-IAFW-2249 (1976 PRINT) including Conditions 70 there pertaining to settlement of d