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PART 3 CONTRACT - Pmueinrip-binamarga.com

PART 3 CONTRACT - Pmueinrip-binamarga.com

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Bidding Documents for ESB-02Part 3 – ContractSection VII. General Conditions of ContractContract PriceTerms of Payment15.1 Prices charged by the Supplier for the Goods supplied and theRelated Services performed under the Contract shall not varyfrom the prices quoted by the Supplier in its bid, with theexception of any price adjustments authorized in the SCC.16.1 The Contract Price, including any Advance Payments, ifapplicable, shall be paid as specified in the SCC.16.2 The Supplier’s request for payment shall be made to thePurchaser in writing, ac<strong>com</strong>panied by invoices describing, asappropriate, the Goods delivered and Related Servicesperformed, and by the documents submitted pursuant to GCCClause 13 and upon fulfillment of all other obligationsstipulated in the Contract.16.3 Payments shall be made promptly by the Purchaser, but in nocase later than sixty (60) days after submission of an invoice orrequest for payment by the Supplier, and after the Purchaserhas accepted it.16.4 The currencies in which payments shall be made to theSupplier under this Contract shall be those in which the bidprice is expressed.16.5 In the event that the Purchaser fails to pay the Supplier anypayment by its due date or within the period set forth in theSCC, the Purchaser shall pay to the Supplier interest on theamount of such delayed payment at the rate shown in the SCC,for the period of delay until payment has been made in full,whether before or after judgment or arbitrage award.Taxes and Duties17.1 For goods manufactured outside the Purchaser’s Country, theSupplier shall be entirely responsible for all taxes, stampduties, license fees, and other such levies imposed outside thePurchaser’s Country.17.2 For goods Manufactured within the Purchaser’s country, theSupplier shall be entirely responsible for all taxes, duties,license fees, etc., incurred until delivery of the contractedGoods to the Purchaser.17.3 If any tax exemptions, reductions, allowances or privileges maybe available to the Supplier in the Purchaser’s Country, thePurchaser shall use its best efforts to enable the Supplier tobenefit from any such tax savings to the maximum allowableextent.Performance18.1 If required as specified in the SCC, the Supplier shall, within3-7

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