1)Emoluments:
a) The Senior Consultant will be paid a consolidated fee of Rs. 90,000/- per month. In addition, mobile phone charges (Upto Rs 2000) for one connection, the Transport allowance at 10% of consultancy fee, and Housing allowance as per applicable rates shall be admissible.

b) The facility of Company Accommodation (one level below the entitlement at the equivalent BHEL grade from which he/she has retired) can be allotted on payment of License fee and other charges as per Company rules. In such a case, Housing Allowance will not be paid. Further, the Senior Consultant shall be eligible for Site Allowance and TA/DA on official tours, as per rules.

2)Period of Engagement: The period of engagement shall be for one year which can be further extended by a period of up to one year at a time or till the completion of the assignment (whichever is earlier). However, the maximum tenure shall be limited to five years or up to 65 years of age. (whichever is earlier).