Improvement of FPA Laboratory - Fertilizer and Pesticide Authority

20.3. If the event continues for a period of eighty four (84) days, either party maythen give notice of termination, which shall take effect twenty eight (28)days after the giving of the notice.20.4. After termination, the Contractor shall be entitled to payment of the unpaidbalance of the value of the Works executed and of the materials and Plantreasonably delivered to the Site, adjusted by the following:(a) any sum to which the Contractor is entitled under GCC Clause 28;(b)(c)the cost of his suspension and demobilization;any sum to which the Procuring Entity is entitled.20.5. The net balance due shall be paid or repaid within a reasonable time periodfrom the time of the notice of termination.21. Resolution of Disputes21.1. If any dispute or difference of any kind whatsoever shall arise between theparties in connection with the implementation of the contract covered by theAct and this IRR, the parties shall make every effort to resolve amicablysuch dispute or difference by mutual consultation.21.2. If the Contractor believes that a decision taken by the PROCURINGENTITY’s Representative was either outside the authority given to thePROCURING ENTITY’s Representative by this Contract or that thedecision was wrongly taken, the decision shall be referred to the Arbiterindicated in the SCC within fourteen (14) days of the notification of thePROCURING ENTITY’s Representative’s decision.21.3. Any and all disputes arising from the implementation of this Contractcovered by the R.A. 9184 and its IRR shall be submitted to arbitration in thePhilippines according to the provisions of Republic Act No. 876, otherwiseknown as the “ Arbitration Law” and Republic Act 9285, otherwise knownas the “Alternative Dispute Resolution Act of 2004”: Provided, however,That, disputes that are within the competence of the Construction IndustryArbitration Commission to resolve shall be referred thereto. The process ofarbitration shall be incorporated as a provision in this Contract that will beexecuted pursuant to the provisions of the Act and its IRR: Provided,further, That, by mutual agreement, the parties may agree in writing to resortto other alternative modes of dispute resolution.22. Suspension of Loan, Credit, Grant, or AppropriationIn the event that the Funding Source suspends the Loan, Credit, Grant, orAppropriation to the Procuring Entity, from which part of the payments to theContractor are being made:(a)The Procuring Entity is obligated to notify the Contractor of such suspensionwithin seven (7) days of having received the suspension notice.61