CONTRACTFORPROJECTINSTALLATION.doc

CONTRACTFORPROJECTINSTALLATION thiscontractforprojectofinstallingmainengineismadeonbyandbetweenpanyltd.（hereinaftercalledpartya）andpanyltd.（hereinaftercalledpartyb）. 1.nameofinstallationwork:. 2.locationofinstallationwork:partyasinporta. 3.scopeofinstallationwork:asspecifiedinthedrawingsandstatementattached. 4.timelimitforpletion: theinstallationworkshallcordinatewiththeconstructionofinpartyaandshallbepletedincludingthetrialrunforwithindaysafterthepletionof. 5.totalpriceofinstallationwork:u.s.donly. 6.paymenttermsofinstallationwork: firstinstallment: partyashallpaytopartybfifteenpercentofthetotalpriceforinstallationworki.e.u.s.donlywhenthiscontractesintoeffect. secondinstallment: partyashallpaytopartybfifteenpercentofthetotalpriceforinstalatiornworki.eu.s.d.onlyatthemencementofconstructioninstallation. thirdinstallment: partyashallpaytopartybtenpercentofthetotalpriceforinstallationworki.e.u.s.d.onlyduringtheinstallationofpipes. fourthinstallment: partyashallpaytopartybfortypercentofthetotalpriceforinstallationworki.e.u.s.d.onlyatthetimewhenthemainequipmentarrivesatthesite. fifthinstallment: partyashallpaytopartybtenpercentofthetotalpriceforinstallationworki.e.u.s.d.onlyuponpletionoftheinstallationwork. sixthinstallment: partyashallpaytopartybtenpercentofthedifferenceofthepriceforinstallationworki.e.u.s.d.onlyaftertheworkreceivedhasbeenprovedqualified. 7.penaltyfordefault: intheeventpartybshallfailtopletetheworkintimeowingtoreasonsthatpartybshallbeheldliablepartybshallpayapenahyforsuchdefauhbasedononeoutofathousandofthetotalpriceforinstallationworkperdayi.e.u.s.donlyforeachdayofsuchdefault. 8.increaseordecreaseofwork: incasepartyahastoamendincreaseordecreasetheworkingschedulethecorrespondingincreaseordecreaseoftotalpriceshallbeevaluatedaccordingtothetermsandconditionsbetweenthetwopartiesshouldtheworkbeincreasedthepartiesshallenterintoanagreementfortheunitpriceofadditionalitems.shouldanypartofthepletedworkofanypartofthematerialstransportedtothesitehavetobeabandonedowingtoamendmentmadebypartyapartyashallafterhavingreceivedtheworkpayforeachpletedworkormaterialsabandonedaspertheunitpricespecifiedtopartyb. 9.supervisionforprogress: thesupervisionpersonnelappointedbypartyaanditsrepresentativeshallhavetheauthoritytosupervisetheprogressorworkandgiveinstruction.partybshallperformcorrectlyinaccordancewithsuchinstructiongivenbypartyaspersonnelorrepresentative. 10.stopagework: shouldpartyanotifypartybtostoptheworkforreasonsbeyondtheresponsibilityofpartybpartybcanstoptheworkandclaimfrompartyathepriceoffinishedworkmaterialsatsiteandotherreasonableexpensestobeaddedordeductedfromthepaidinstallments. 11.custodyofwork: thepletedworkandthematerialstoolsandequipmentatsiteshallbeunderthecustodyofpartybaftermencementandbeforepletionanddeliveryofthework.unlessintheeventofforcemajeurepartybshallbefullyresponsibleforanydamageoftheworkunderthecustodyofpartyb.incaseofforcemajeurepartybshallgivealistofdamageaccordingtotheactualconditionandsuggestanexpectedpriceanddateforrecoveryfromsuchdamagetopartyaforcheckingandpayment.shouldpartyadecidenottocontinuewiththeworkthiscontractshallbeterminatedaccordingtoarticle10hereof. 12.warrantyforwork. partybshallwarrantthepromisedconditionoftheworkwithinyear（s）afterthedateofreceivingtheworkbypartya.howeverpartybshallnotbeliabletoactsofgodormisuseoftheworkbypartya. 13.supplementalprovisions: partybshallbeheldresponsibleifpartyaspersonnelorotherpeopleisinjuredduetothenegligenceofpartybduringtheprogressofconstruction.howeversuchresponsibilityshallrestuponpartyaiftheinjurycausedisduetothenegligenceofpartyaoftechnicianscontractedwithpartya. 14.attachments: attachmentsshallbeeanintegralpartofthiscontractandshallbeaseffectiveasanyotherprovisions.attachmentsinclude: （1）drawings （2）anestimateofcost. 15.formatofthiscontract: thecontractshallbeinduplicatewithtwotextstobeheldseparatelybythepartieshereof.eachofthepartiesshallalsokeeptwocopiesofthecontractforrecord. 16.additionalprovision: maintenaceofmainengine. partybshallprovidefreeperiodicmaintenanceserviceforthemainengineofforyear（s）aftertherec