CONDITIONS OF CONTRACT Clause Samples
The 'Conditions of Contract' clause defines the set of rules, obligations, and terms that govern the relationship between the parties involved in an agreement. It typically outlines the rights and responsibilities of each party, the standards for performance, timelines, payment terms, and procedures for handling disputes or changes. For example, it may specify how deliverables are to be provided, what constitutes a breach, and the remedies available. This clause serves to ensure clarity and mutual understanding, reducing the risk of misunderstandings and disputes by clearly setting out the framework within which the contract operates.
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CONDITIONS OF CONTRACT. Security Deposits Clause 1 :-The person/persons whose tender may be accepted (herein after called the contractor, which expression shall unless excluded by or repugnant to the context include his, heirs, executors, administrators, contractor and assigns) shall (A) within 10 days (which may be extended by the Superintending Engineer concerned, upto 15 days if the Superintending Engineer thinks fit to do so) of the receipt by him of the notification of the acceptance of his tender deposit with the Executive Engineer in cash or Govt. securities endorsed to the Executive Engineer (if deposited for more than 12 months) of sum sufficient which will made up the full security deposit specified in the tender or (B) (Permit Government at the time of making any payment to him for work done under the contract to deduct such as will amount *+ four percent of all moneys so payable such deduction to be held by Government by way of security deposit) provided always that in the event of the contractor depositing a lump sum by way of security deposit as contemplated at (A) above, then and in such case, if the sum so deposited shall not amount to Four percent, of the total estimated cost of the work, it shall be lawful for Government at the time of making any payment to the contractor for work done under the contract to make up the full amount of two percent by deducting a sufficient sum from every such payment as last aforesaid until the full amount of the security deposit is made up. All compensation or other sum of money payable by the contractor to Government under the terms of his Contract may be deducted from or paid by the sale of sufficient part of his security deposit or from the interest arising there from or from any sums which may be due or may become due by Government to the Contractor under any other contract or transaction of any nature on any account whatsoever, and in the event of his security deposit being reduced by reason of any such deduction or sale as aforesaid, the contractor shall, within ten days thereafter, make good in cash or Government securities endorsed as aforesaid any sum or sums which may have been deducted from or raised by sale of his security deposits or any part thereof. The Security Deposit referred to when paid in cash may, at the cost of depositor, be converted into interest bearing securities provided that the depositor has expressly desired this in writing. If the amount of the Security Deposit to be paid in lump sum within the per...
CONDITIONS OF CONTRACT. The contractor shall at all times observe and comply with federal and State laws, local laws, ordinances, orders, and regulations existing at the time of or enacted subsequent to the execution of this contract which in any manner affect the completion of the work. The contractor shall indemnify and save harmless the agency and all its officers, representatives, agents, and employees against any claim or liability arising from or based upon the violation of any such law, ordinance, regulation, order or decree by an employee, representative, or subcontractor of the contractor.
CONDITIONS OF CONTRACT. Table of Contents
CONDITIONS OF CONTRACT. Section 3 :
CONDITIONS OF CONTRACT i. Part I General Conditions of Contract and the Contract Data; with all Annexure
ii. Part II Special Conditions of Contract.
CONDITIONS OF CONTRACT. GENERAL CONDITIONS
CONDITIONS OF CONTRACT. Short Form of Contract - GENERAL CONDITIONS The conditions of contract are the Conditions of Contract for the Short Form of Contract, First Edition 1999, published by the Federation Internationale des Ingenieurs-Conseils (FIDIC). The General Conditions of Contract are amended by the Particular Conditions of Contract.
CONDITIONS OF CONTRACT. Part – I General Conditions of Contract Table of Clauses GCC
CONDITIONS OF CONTRACT. In these conditions the following expressions have the following meanings unless the context otherwise requires, viz.:
CONDITIONS OF CONTRACT. 20.1 This Agreement shall supersede any rules, regulations, or practices of the Board which shall be contrary to or inconsistent with its terms. The provisions of the Agreement shall be incorporated into and be considered part of the established policies of the Board of Education.
20.2 During the term of this Agreement, there is no obligation upon the parties involved to meet and negotiate with respect to any subject or matter whether referred to or covered in this Agreement or not even though each subject or matter may not have been within the knowledge or contemplation of either or both the District or CSEA at the time they met and negotiated on and executed this Agreement. This Agreement shall constitute the full and complete commitment between both parties and shall supersede and cancel all previous Agreements, both written and oral.
20.3 This Agreement may be altered, changed, added to, deleted from, or modified only through the voluntary mutual consent of the parties in a written and signed amendment to this Agreement.