Sbd works (ncb)

Table of Contents

Part 10Contract Agreement 1
1.The Agreement 1
Part 11Performance Security 3
Part 12Advance Payment Security 4

10. 
    Contract Agreement
    

for the Procurement of [insert type of Works]

Procurement Reference No:

This Contract Agreement is made on the [insert day] day of the month of [insert month], [insert year] BETWEEN

[insert complete name of Public Body], and having its principal place of business [insert registered address] (hereinafter called the “Public Body”),

and

[insert name of the Contractor], a corporation incorporated under the laws of [insert country of Contractor] and having its principal place of business at [insert registered address of Contractor] (hereinafter called the “Contractor”), of the other part

WHEREAS

(tttttttttttt)The Public Body invited bids for certain Works (hereinafter called the “Works”), [insert brief description of Works] and has accepted a Bid by the Contractor for the provision of those Works in the sum of [insert Contract Price in words and figures] (hereinafter called “the Contract Price”) in the manner and on the terms described herein (uuuuuuuuuuuu)The Contractor having represented to the Public Body that it has the required skills, personnel and technical resources, has agreed to carry out the Works on the terms and conditions set forth in this Contract;

NOW THEREFORE the parties hereto hereby agree as follows: