BID DOCUMENT - IDCO

BID DOCUMENT - IDCO BID DOCUMENT - IDCO

12.07.2014 Views

9. Both the parties agree by mutual consent that any dispute relating to this Agreement is barred from Arbitration. All problems shall be mutually settled and the decision of IDCO shall be final and binding on the contractor. 10. In the event of any dispute that may arise out of this assessment the competent Courts situated at Bhubaneswar shall have the jurisdiction to decide such disputes / litigations between parties hereto. IN WITNESS WHERE OF the parties have caused their respective common seals to be herein to affixed (or have here into set their respective hands & seals) the day and year first written above. Witness : 1. Signature of the Party of the one part 2. Witness : 1. Signature of the Party of the other part 2. 51

GENERAL RULES AND DIRECTIONS FOR THE GUIDANCE OF CONTRACTORS 52

9. Both the parties agree by mutual consent that any dispute relating to this Agreement is barred from<br />

Arbitration. All problems shall be mutually settled and the decision of <strong>IDCO</strong> shall be final and binding on the<br />

contractor.<br />

10. In the event of any dispute that may arise out of this assessment the competent Courts situated at<br />

Bhubaneswar shall have the jurisdiction to decide such disputes / litigations between parties hereto.<br />

IN WITNESS WHERE OF the parties have caused their respective common seals to be herein to affixed (or<br />

have here into set their respective hands & seals) the day and year first written above.<br />

Witness :<br />

1. Signature of the Party of the one part<br />

2.<br />

Witness :<br />

1. Signature of the Party of the other part<br />

2.<br />

51

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