Common use of Clause ▇ Clause in Contracts

Clause ▇. Set-Off and Delayed Payments Replace the words “prime overdraft rate certified by the Contractor’s banker” with the words “interest rate as determined by the Minister of Finance, from time to time, in terms of section 80(1)(b) of the Public Finance Management Act, 1999 (Act No. 1 of 1999), will apply”

Appears in 3 contracts

Sources: Contract for Construction Services, Contract for Design and Construction, Contract for Design, Supply and Installation of Mechanical Equipment