Proposed Renovation of Former Jacinto Building - Clark Freeport Zone

Proposed Renovation of Former Jacinto Building - Clark Freeport Zone Proposed Renovation of Former Jacinto Building - Clark Freeport Zone

10.07.2015 Views

consideration and the validity of the Performance Security shall becorrespondingly extended.48. Price AdjustmentExcept for extraordinary circumstances as determined by NEDA and approvedby the GPPB, no price adjustment shall be allowed. Nevertheless, in caseswhere the cost of the awarded contract is affected by any applicable newlaws, ordinances, regulations, or other acts of the GOP, promulgated after thedate of bid opening, a contract price adjustment shall be made or appropriaterelief shall be applied on a no loss-no gain basis.49. CompletionThe Contractor shall request the Procuring Entity’s Representative to issue acertificate of Completion of the Works, and the Procuring Entity’sRepresentative will do so upon deciding that the work is completed.50. Taking OverThe Procuring Entity shall take over the Site and the Works within seven (7)days from the date the Procuring Entity’s Representative issues a certificate ofCompletion.51. Operating and Maintenance Manuals51.1. If “as built” Drawings and/or operating and maintenance manuals arerequired, the Contractor shall supply them by the dates stated in theSCC.51.2. If the Contractor does not supply the Drawings and/or manuals by thedates stated in the SCC, or they do not receive the Procuring Entity’sRepresentative’s approval, the Procuring Entity’s Representative shallwithhold the amount stated in the SCC from payments due to theContractor.76Clark Development CorporationSection IV General Conditions of ContractProposed Renovation of Former Jacinto Building(Motorpool, Records, Warehouses and Maintenance Area)

Section V. Special Conditions of Contract(SCC)77Clark Development CorporationSection IV General Conditions of ContractProposed Renovation of Former Jacinto Building(Motorpool, Records, Warehouses and Maintenance Area)

Section V. Special Conditions <strong>of</strong> Contract(SCC)77<strong>Clark</strong> Development CorporationSection IV General Conditions <strong>of</strong> Contract<strong>Proposed</strong> <strong>Renovation</strong> <strong>of</strong> <strong>Former</strong> <strong>Jacinto</strong> <strong>Building</strong>(Motorpool, Records, Warehouses and Maintenance Area)

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