You may also consider inclusion of other vital statutes such as:
Contract Labour (Regulation & Abolition) Act
Payment of Wages Act
Payment of Bonus Act
Inclusions of various clauses such as the following have to be incorporated in the policy such as:
Payment of wages to the workmen of the contractor within the stipulated time period as provided under the law Regular updation and Maintenance of various registers such as Muster-cum-wage register, O.T., Advances, Leave etc by the contractor and submission of the same for inspection as & when required.
Maintenance of Muster-cum-attendance card on a monthly basis or for the days worked during the month. Copy of licence under the Contract Labour (R&A) Act. in case of more than 20 workmen under the contractor.
Working hours during the workmen of the contractors are required to work in your establishment. Rate of O.T. payable to the workmen Maintenance of discipline & decorum by the workmen of the contractor while on the premises of your establishment etc. and workmen to be free of any contagious disease/illness /injury and within the prescribed age as specified under the law.
The above clauses are required to be incorporated as "general terms and conditions of work" from the H.R. angle apart from the various other clauses with regards to the legal and safety angle applicable to your establishment. The other clause that needs to be mentioned is that the contract shall be terminated on breach of any of the clauses of the "general terms and conditions of work".
Hope this meets your requirement.