Common use of Contract Deposit Clause in Contracts

Contract Deposit. The successful tender, here after referred to as the contractor shall pay an amount equal to two (2) percent of the contract sum shall be paid within thirty days from the date of issue of letter of acceptance.

Appears in 15 contracts

Sources: Supply, Installation, Testing and Commissioning Agreement, Supply, Installation, Testing and Commissioning Agreement, Maintenance Agreement

Contract Deposit. The successful tenderbidder, here after referred to as the contractor shall pay an amount equal to two (2) percent of the contract sum shall be paid within thirty days from the date of issue of letter of acceptance.

Appears in 1 contract

Sources: Maintenance Agreement