Translation of China National Petroleum Budget Management Information Project Between Financial Management Company of China National Petroleum Corporation And Pansoft (Jinan) Company Ltd
English
Translation
Exhibit
10.13
Translation
of China
National Petroleum Budget Management Information Project
Between
Financial
Management Company of China National Petroleum Corporation
And
Pansoft
(Jinan) Company Ltd
Party
A:Financial Management Company of China National Petroleum
Corporation
Party
B:
Pansoft (Jinan) Company Ltd
Date
of
Signing: 2008 Year
Place
of
Signing: Beijing
1
This
contract is entered into by and between the following Two Parties in
Beijing
on Feb 1, 2008
Party
A:
Financial Management Company of China National Petroleum
Corporation
Address:
▇▇.▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇
Party
B:
Pansoft (Jinan) Company Ltd
Address:
318, Qilu Software Park Mansion, Gaoxin District, Yinan
Whereas,
Party A plans to develop China National Petroleum budget management information
project so as to realize the budget management informationization of China
National Petroleum (hereafter referred to as “the Project”),
Whereas,
Pursuant to the spirit of invitation for bids and submission of bids, Party
A
selects Party B as the service provider regarding this Project to offer the
relevant technical service for the purpose of realizing the budget management
informationization of China National Petroleum. Party B is wiling to be employed
by Party A to provide such kinds of service.
In
witness thereof, Party A and Party B, pursuant to the
Contract Law of People‘s Republic of China as
well
as the related legal rules and regulations, under the principle of equality,
fairness, self-willingness, honesty and credibility, and after fully
consultation, agree to form this Contract.
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1
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Range
of service
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1.1
|
Pursuant
to the Contract, Party B as service provider is obligated to offer
technical service for this project in accordance with the request
made by
Party A. The services provided by Party B mainly include: standardizing,
optimizing budget management flow, realizing the Integration
of
budget management and establishing uniformed standard systems. The
particulars of special service contents, implementation methods and
requirements, achievements to be submitted can refer to the appendix
under
this contract, namely, Working
Tasks and Project Proposal of China National Petroleum General Budget
Management Information. Various
kinds of service provided by Party B are collectively called “the
Service”.
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2
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The
Progress
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2.1
|
Party
B’s term of service under this contract is one year, and its specific
process shall meet the requests stipulated in the appendix A Working
Tasks and Project Proposal of China National Petroleum General Budget
Management Information.
Under the prerequisite of unchanged general process, Party A and
Party B
agree that the process plan at each stage can be slightly adjusted
depending on the specific condition. In case Party B proposes to
make some
corresponding adjustments on the process of service project, Party
B shall
timely report to Party A and get the written approval from Party
A.
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2.2
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In
case Party B fails to reach the expected process, it shall immediately
take necessary remedial measures so as to maintain the original progress.
And meanwhile Party B shall report to Party A in written documents
regarding the measures to be taken.
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2
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2.3
|
In
case the expected process is delayed due to the reason of Party B,
and
Party B is not able to make up for the delay, then, Party A has the
right
to suspend or terminate Party B’s work in whole or in part, and request
Party B to compensate the relevant losses.
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2.4
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Party
B shall submit weekly process report to Party A during the implementation
of the Contract. The format and content of the report shall be executed
in
accordance with the specific requirements of Party A. Party A has
the
right to add, shorten or change the content of weekly progress report
pursuant to the actual condition of project, the results arising
from
which shall be strictly implemented by Party
B.
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2.5
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Party
B shall edit detailed project operation manual based on Party A’s
requirement, and compile Party A’s employee training program, subject to
approval from Party A. Party B is obligated to offer training for
Party
A’s staffs until they are qualified to
work
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3
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Place
of Service
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3.1
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Party
B mainly provides service in Beijing, but according to the needs
of the
project, Party B’s project staff will probably travel to other regions
where Party A’s subsidiary units are located to carry out research,
interviews, reports, meetings and handling matters
related
to the projects.
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3.2
|
In
case Party B’s project staff, due to the need of work, execute tasks at
project site or other places of Party A, Party A shall offer convenience
conditions for Party B such .as office at site, board and lodging,
transportation, telecommunication,
etc.
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4
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Project
staffs
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In
carrying on the Project Party B acts as the main party and Party A the
subordinate.
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4.1
|
Party
B shall be in overall charge of the quality, the progress and the
depth
which are under this contract items. Party B shall establish a project
group according to the requirements of this contract, while Party
shall
appoint the related
units and staff to fulfill
the contract on behalf of ▇▇▇▇▇ A, to coordinate the project group
of
Party B to carry on development
work
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4.2
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Party
B shall appoint and maintain an experienced project manager, to fulfill
this contract on behalf of Party B. All the specialists and the
administrative staff offered by Party B for the project group shall
meet
the needs for the intelligence of the project staff of this project
by
Party A, and Party B shall guarantee that the staff they offered
are
enough, competent and experienced. For details of the key staff
constitution of the project group of Party B, see the appendix 2,
Name
List of the Budget Item Software Group Staff.
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4.3
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In
the implementation of this project, project group shall maintain
stable
and continuous key staff. In principle, the project staff shall not
be
changed. In exceptional case if Party B needs to change the staff,
it
shall obtain the written approval from Party A. The taking-office
staff
shall surpass the staff replaced in work seniority, business experience
and other aspects.。
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3
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4.4
|
If
Party A thinks the staff of Party B are not competent for the project,
Party A has the right to request Party B to replace the staff. Party
B has
the responsibility to replace the personnel in the reasonable time,
and
all expenses involved shall be for Party B’s
account.
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5
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Service
fee and payment
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5.1
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In
accordance with the progress and quality requirements prescribed
by the
Contract, Party B shall fulfill the total service properly and completely,
whereas Party A of the Contract shall pay Party B the service fee
of SAY
RMB FOUR THOUSAND FIVE HUNDRED AND FIFTY THOUSAND ONLY(RMB
4,550,000)(hereinafter “service fee”). The said service fee is the total
price of the Contract, including but not limited to Party B and its
staff’s traveling and accommodation expanses, allowance, insurance and
taxation, thereby Party A will no longer pay extra fees. The relevant
service fees payable of each service in the Contract are detailed
in
Appendix 1 to the Contract
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5.2
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This
service fee is the pre-tax price. In implementing the Contract, each
party
on their own shall bear all the taxes payable in accordance with
the
provisions of Tax Law of People’s Republic of China and the relevant laws
and regulations. Any tax payable of Party B arising outside of Chinese
territory due to the implementation of the Contract shall be borne
and
paid by Party B.
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5.3
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The
service fee under the Contract shall be paid by Party A in the currency
of
RMB and paid in twice in the light of the progress of the project,
which
is detailed in Appendix 1.
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5.4
|
Before
each payment, Party B shall send Party A with notification and invoice.
If
in any particular phase, the service achievements and materials are
subject to acceptance by Party A, Party B shall simultaneously submit
a
written document witnessing the issue or acceptance of the service
achievements and materials by Party A.
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5.5
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Party
A shall pay the fees in 10 working days after receipt of advice of
payment, official commercial invoice and other support documents,
if there
is no dispute. If any dispute, it shall be raised by Party A to Party
B
with 10 working days. After the settlement of the claim, Party B
shall
issue Party A with the said documents again, thereby Party A pay
the fees
in conformity to the said procedures after receipt of the
documents.
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6
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Inspection
and acceptance
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6.1
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According
to the scope of the service and the schedule, Party B is responsible
for
providing party A with periodical work results (or materials concerned
with process) for examination, testing or experimenting through out
the
duration of the service.
In
case party A put forward any question or propose any modification,
Party B
shall modify its periodical work results (or materials concerned
with
process) according to party A’s proposal and decisions reached by both
parties through discussions, until written acceptance from party
A is
acquired
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4
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6.2
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Acceptance
tests shall be held in stages either when the service achieves periodical
results, or at the end of the entire service. Acceptance tests for
the
work results, including periodical acceptance tests and final acceptance
tests shall be conducted in accordance with the requirement and/or
acceptance standard of the scoop of the service(Appendix 1 ‘Working Tasks
and Project Proposal of China National Petroleum General Budget Management
Information.’), during which Party A shall organize the project assessment
and review process.
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6.3
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In
case acceptance tests find that the submitted project service work
results
fail to meet the requirement of the contract, or failed to comply
with the
decisions regarding to modifications reached by both parties through
discussions, the both parties shall seek for the causes and apply
relevant
measures jointly. A second acceptance test can be hold only after
the
deficiencies are modified or
eliminated.
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6.4
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In
case the submitted project service work results fail to pass the
second
acceptance test because of party B’s fault, party B shall, at its own
cost, both compensate party A of its direct losses, and take proper
measures to eliminate such fault until the said work results pass
the
third acceptance test. In case such failure is caused by party A’s fault,
party B shall, at party A’s cost, take proper measures to eliminate such
fault until the said work results pass the third acceptance
test.
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6.5
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Without
affecting the schedule of this contract, Party A shall promptly examine,
test or experiment periodical work results (or materials concerned
with
process) submitted by party B, and provide its own suggestions. Party
A
shall promptly arrange acceptance tests for the said work results
and
issue acceptance documents to party B within 10 business days in
case
party B’s work results meet the requirements and pass the acceptance
tests.
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7
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Quality
guarantee
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7.1
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Party
B shall provide and maintain a quality assurance system and strict
quality
control procedures through out the duration of the service. Party
B
guarantees that it will provide its service in full compliance with
provisions of the contract to Party A through appropriate and qualified
personnel, so as to comply with the goal of this
contract.
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7.2
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This
contract carries a 12 months warranty commencing from the date on
which
the final acceptance
report is issued. During which party B shall promptly solve any service
related mistake, negligence, or problem with appropriate
personnel at its own cost. For any service modified during its existing
warranty, a new 12 months warranty for such service will commence
from the
date on which acceptance
report from party A is signed.
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5
| 8 |
Ownership
and Intellectual Property
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8.1
|
As
per the provisions in this Contract, Party B will submit every stage
service achievements or ultimate service achievements (refer to
Appendix
I to this Contract:
Working
Tasks and Project Proposal of China National Petroleum General Budget
Management Information)
to Party A, and its ownership and/or relative intellectual property
belongs to Party A. As the legal owner of aforesaid achievement,
Party A
is entitled to apply the service achievements of item anywhere and
anytime.
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8.2
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Party
A agrees with the interior storage and usage of the service achievements
by Party B and without Party A consent, the introduction and usage
of the
service achievements hereby connected with this Contract to and by
any
Third party is anywhere forbidden. During her interior storage and
usage
of the service achievements course, Party B is forbidden to impair
the
rights and interests of Party A in any
way.
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8.3
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The
relative intellectual properties of the products developed by Party
B
during her localization/ customization/ new module development process
and
as per the specific requirements of Party A are mutually owned by
aforesaid two parties. Without the consent of the other party, those
products must not be provided and used by the Third
party.
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8.4
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During
the contract and the quality assurance period, Party B possesses
the
relative intellectual properties relating to the improvement or product
upgrade if her has promote or upgrade the computer
application system or software involving this Contract and endows
Party A
with the permission of free usage of foregoing improvement
or product upgrade.
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| 9 |
Statement
of non-infringement
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9.1
|
Party
B declares that during her service process there is no any right
flaw or
latent
defect relating to the service achievements and the technology, software,
data or article being used, and there exists no prohibiting stipulations
involving her home country or user countries, thus party A, if properly
using the products as per the guides & demands of Party B, will not
infringe against anybody’s rights or violate no legal
provisions.
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If
Party
A suffers from any claim for compensation or appeal incurred by foregoing
infringement or illegality, it shall notify Party B at prime tense and the
latter shall settle the aforesaid claim or appeal and bear all the legal
liabilities
and
economic
responsibilities
involving the claim or appeal to the Third party, while Party A bears no
responsibilities except providing Party B with reasonable information and
supporting connected to its deraignment. If on account of the foregoing reasons
the submitted service achievements and the relative technology, software, data
or article are determined to be under restrained from use, Party B shall make
the following arrangements and bear all relative fees as per the choice of
Party
A without any delay:
6
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1)
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Purchase
the use right for the continuous use of the products or service by
Party
A.
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| 2) |
Amend
the products or service, thus leading to no
infringement.
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| 3) |
Replace
the products or service with the equivalent functional substitutes,
which
incur no claim.
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| 4) |
Party
B shall refund the contractual
funds already paid by Party A and compensate the losses of the latter
resulted from the restricted usage.
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| 10 |
Assignment
and subcontracting
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10.1
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Neither
Party A nor Party B shall assign the whole or any part of the obligations
she shall assume without the other party’s
agreement.
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10.2
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Party
B must not assign the service she shall assume to any Third party
without
the prior consent of Party A.
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10.3
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On
condition that Party B reckons it is necessary to assign the service
to
any Third party, she shall submit
prior written application to Party A and illuminate her reasons and
provide Party A with abundant materials for the censor of the latter,
and
Party A is entitled to decide whether Party B shall transact foregoing
assignment. Party B shall as per the Contract’s demands uniformly
administer and control her subcontractor(s) and completely responsible
for
the works accomplished by her subcontractor(s) hereunder and assume
joint
liability.
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11
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Alteration
of service
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11.1
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Party
A is entitled to alter service by changing, adding or reducing service
during contract implementation
process.
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11.2
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Party
B shall submit altering measures and plan schedule as soon as practicable
upon receiving the notice of service alternation. Both parties negotiate
about the measures and plan submitted by Party B and sign service
alternation memorandum (or annex to the contract). Party B will be
responsible for organizing and executing the altered
service.
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11.3
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If
above alternation makes great changes and increases the workload
related
to annex I “Document
of Working Obligations and Project of China National Petroleum Budge
management Information Project”,
Party A shall pay compensating service fee to Party B with determination
by both Parties; and Party B shall conditionally reduce related service
fee with determination by both Parties if above alternation makes
great
changes and decreases the workload related to annex I “Document
of Working Obligations and Project of China National Petroleum Budge
management Information Project”.
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7
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12
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Suspension
of Service
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12.1
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Party
A may at any time instruct Party B to suspend progress in whole or
in
part, and once obtaining the suspension notice, Party B shall stop
relative works at prime tense and properly handle the works already
finished, while continuously proceed with the works not been
suspended.
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12.2
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Were
the suspension of work is due to the fault of Party B, then she must
promote her working method(s) and obtain the permission of Party
A first
before she proceeds with the works been suspended and under this
circumstances Party A won't compensate for the losses of Party B,
however
the works finished by Party B and checked & accepted by Party A before
the suspension shall be paid accordingly by Party A as per the Contract
regulations. The contractual schedule must not be adjusted without
the
prior consent of Party A.
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12.3
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Were
the suspension of works results from Party A and involves service
charge
and working schedule, then the two parties shall confer with one
another
and make according adjustments on these items. Party A shall compensate
the reasonable direct cost of Party B caused by the suspension of
works.
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13
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Delay
of schedule
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13.1
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Party
A shall notify Party B in writing about details of delay if such
matter
happens during the service process. Evaluation on the conditions
shall be
made as soon as practicable by Party A upon receiving the notice
as well
as that whether the service shall be extended and liquidated damages
for
delay be charged. Party B shall comply with the decision made by
Party A
on reduction of liquidated damages for delay from the unpaid value
to
Party B or paying liquidated damages for delay to Party A within
10 (ten)
days upon receiving the notice if service extension and liquidated
damages
for delay are made conditionally by Party
A.
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13.2
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Party
B shall pay liquidated damages for delay complying with the Contract
if
Party B fails to carry out and complete the overall service within
time
defined by the Contract or extended time approved by Party A except
failures due to force majeure or fault from Party A. liquidated damages
of
0.5% (zero point five percent) of service fee corresponding to unfinished
service for every five days may be deducted by Party A from engaged
service fee as liquidated damages for delay until the completion
of
service without affecting the other remedying measures defined in
the
contract
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13.3
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The
payment of liquidated damages for delay will not exempt Party B from
undertaking obligations upon completing service and other responsibilities
defined in the Contract.
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8
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14
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Termination
of the Contract
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14.1
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Any
party that fails to execute the contract or whose execution fails
to
comply with obligations defined in the contract is deemed breach
of
contract and the other party is entitled to notify the defaulting
party in
writing to correct or remedy defects and compensate the loss after
correction or remedying, otherwise, the defaulted party may be entitled
to
send notification of termination of the contract and the contract
is
terminated from the date of the receipt notification if the defaulting
party fails to make correction or remedying within 30 (thirty) days
or
reach understanding with defaulted
party.
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14.2
|
Party
A is entitled to notify Party B in writing 15(fifteen) days in advance
to
terminate part of or complete part of the contract on behalf of the
project construction of Party A and Party B shall stop related operation
as soon as practicable upon receipt notification and reduce the subsequent
cost as possible as practicable caused by the termination and hand
over
the completed works to Party A.
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Party
A
shall pay value to Party B for cost of completed work by Party B and rational
and reasonable cost for execution of the Contract by Party B as the termination
is sent by Party A.
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14.3
|
Party
A is entitled to take necessary remedy measures if the Contract is
terminated due to Party A’s fault by purchasing service similar to the
unfinished service by Party B and Party B shall pay the additional
payment
for purchasing such service with proof documentations provided by
Party A,
and such payment shall be made by Party B to Party A within 10 (ten)
days
upon receipt writing notification from Party
A.
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14.4
|
Party
A may notify Party B in writing to terminate the contract and the
contract
will be terminated from the date of the termination notification
being
sent if corruption and fraud occurred during the process of bidding
and
contract signing with Party B.
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| A. |
Herein
"Corruption” indicates the action that may influence related personnel
during process of bidding and signing by providing, supplying, accepting
or asking for valuable things.
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| B. |
Herein
“Fraud” indicates the action that makes misstatements to harm Party A’s
benefit in order to make effect on bidding, signing and execution
of the
contract, such as that Party B collaborates bidding with other bidders
to
deprive Party A of his benefit from free and public competition by
bereaving the competition of bid
prices.
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14.5
|
If
either party declares bankruptcy or loss of solvency, the other party
may
notify in writing about the termination of the Contract without taking
any
compensation responsibility while the termination will not harm or
affect
the party’s right of action or measures that have been taken or will be
taken for remedying.
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9
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15
|
Limitation
of Liability
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15.1
|
As
for any claim of liability for breach of Contract within the border
of the
law permitted or the allowable scope, the compensation liability
of the
responsible Party is only limited to compensate the direct actual
losses,
excluding indirect economic losses.
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15.2
|
As
for any claim of liability for breach of Contract within the border
of the
law permitted or the allowable scope, the compensation liability
of the
responsible Party is only limited to compensate the direct actual
losses,
excluding indirect economic losses.
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16
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Employees
insurance
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16.1
|
Party
B is obligated to purchase appropriate insurance so as to guarantee
the
possible losses which might bring to the staffs dispatched by the
project,
equipment and property input into the
project.
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17
|
Confidentiality
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17.1
|
The
confidential information under this Contract covers business terms
of this
Contract and the materials which haven been clearly notified by one
Party
to the other Party in oral or in written documents as confidential,
which
includes (a) information known to the public before the signing the
Contract or during the performance of the Contract (b) Information
which
has been legally at the hand of the other Party before disclosing
to the
public and the acquisition of information by the other Party isn’t through
direct or indirect means from the disclosed Party. (c) Information
which
is legally provided by the unlimited third Party to the other
Party.
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17.2
|
Party
A and Party B mutually agree to keep confidential the confidential
information within five years after the termination of this Contract.
Party A and Party B agree, except for lawful requirement, not to
execute
any purposes besides this Contract and offer confidential information
to
any third Party in any forms. Both parties agree to take all reasonable
procedures and measures to ascertain that their employees and cooperative
partners will not disclose or scatter confidential information to
the
public, preventing from violating the provision of the
Contract.
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18
|
Force
Majeure
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18.1
|
Force
Majeure means external events that happens unforeseeably, inevitably
and
unable to control and overcome the occurrence and consequences to
any
party, including but not limited to wars, strikes, acts of government,
serious natural disasters and other circumstances by mutual agreement
of
both Parties
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10
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18.2
|
Force
Majeure preventing any party from performing any of its obligations
under
this contract, in whole or in part, the party shall not be regarded
as
breach the Contract in the scope of Force Majeure. Loss directly
or
indirectly to any Party (Except as otherwise provided herein) caused
by
force Majeure shall be borne by the parties on their own。
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18.3
|
The
affected party shall take appropriate measures to prevent further
loss,
inform the other party in writing as soon as possible and provide
an
explanation after Force Majeure occurs. Both Parties shall conduct
friendly negotiation and take remedial measures to minimize the loss.
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18.4
|
Force
Majeure persists for more than 30 days, the Parties hereto may revise
some
amendment to the Contract until the
termination.
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19
|
Non-waiver
|
Except
as
otherwise stipulated, either
Party's failure to exercise or delay in exercising any right, power or privilege
under this Contract shall not operate as a waiver thereof, and any single or
partial exercise of any right, power or privilege shall not preclude the
exercise of any other right, power or privilege in
the
course of performing the Contract
|
20
|
Applicable
Law
|
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20.1
|
The
Contract shall be interpreted and executed under the existing laws
of
People’s Republic of China.
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21
|
Dispute
Resolution
|
|
21.1
|
In
the event that any dispute arises between the Parties hereto, concerning
or related to this Contract, it shall be settled amicably by the
parties’
utmost effort.
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21.2
|
In
case of disputes with this Contract can not be reached settlement
by both
parties, any party may institute legal proceedings in the court in
the
place of service performance.
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21.3
|
While
a dispute is being resolved, the parties shall, except for the part
which
is under dispute, continue to carry out the other obligations provided
in
the Contract.
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22
|
Notification
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22.1
|
The
notices, papers or other documents(collectively referred to as
“notification”) under the Contract shall be made in written documents and
to be formally notified and sent by personnel service, fax or registered
mail to the following address.
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11
|
Party
A:Financial Management Company of China National Petroleum
Corporation
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||
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Address:
▇▇.▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇
|
||
|
Contact
person: Guo
Yanfeng
|
Telelphone:
▇▇▇-▇▇▇▇▇▇▇▇
|
Fax:
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22.2
|
The
effective date of the notification is the date of delivery or the
effective date specified clearly in the notification, which shall
be
subjected to the later one.
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23
|
Miscellaneous
|
|
23.1
|
The
Contract is formed on the date of the beginning of the contract after
the
signature and company’s contract stamp or official seal are stamped by the
authorized representatives of both parties. The Contract shall come
into
force after that both parties agree the contents of the Contract
and
appendices and confirm with the signatures and
stamps.
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|
23.2
|
The
Contract consists of the principal contract together with Appendix
1 and
Appendix 2, where the appendices are the integral components of the
Contract. While the appendices are inconsistent with the principal
contract, the principal contract shall govern. The tender documents
of
both parties’ concerning about the project are the reference of the
explanation of the Contract.
|
1. Appendix
One Working Tasks and Project Proposal of China National Petroleum General
Budget Management Information
2. Appendix
Two Name List of Project Budget Software Group
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23.3
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All
amendments to the articles of the Contract shall be made in written
form,
are valid with the signature and stamp by the authorized representatives
of both parties and become the integral component of the
Contract.
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23.4
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This
Contract is made out in Chinese in five copies, Party A holds three
copies
while Party B holds two, all copies have equal
power.
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12
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Financial
Management Company of China National Petroleum Corporation
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Pansoft
(Jinan) Company Ltd
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▇▇▇
▇▇▇▇▇
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Year Month Date
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Year Month Date
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Appendix
One
Working
Tasks and Project Proposal of China National Petroleum General Budget Management
Information
I
Project objective
The
overall targets of China National Petroleum Corporation (CNPC) ‘s budget
management information system are:” To establish a general budget information
platform which can satisfy the needs for the making, allocation, reporting,
summarizing, analyzing, and evaluation of the budget among the group company,
joint-stock company, subsidiaries of the group company, and branches of the
joint-stock company in various areas. “By optimizing and regulating its budget
management process, the CNPC will build a corporate-wide budget management
platform under a centralized management Tightly connected with SAP and FMIS
7.0,
the budget management system can share data with them, acquire actual data
from
them, and provide budget data to them, thus achieving budget
control.
II
The
scope of the project
A)
Regulate
and optimize the budget management process
Regulate
and optimize the budget management process, establish budget management models
for each business within CNPC, and satisfy the needs for the making and the
management of budget at various levels and business units
B)
Achieve
centralized budget management
Rearrange
and settle corporate regulations concerning budget management. Revise and
improve manual of budgetary control, regulate corporate budgetary activities,
establish a uniform budget index systems, statements systems and their direction
for use
C)
Establish
a uniformed standardization system
Establish
a uniformed standardization system for the purpose of achieving consolidated
management of statements at various standards, satisfying the HQ’s needs for
creating statements directly and disclosing information to the
public
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III
Main
functions of system
The
Budget management information system of China National Petroleum Corporation
(CNPC) adopts the first-level centralism pattern, and the headquarters and
all
the subordinate enterprises of all levels can carry on budget drafting and
supervisory work on a uniform platform.
A) Main
orientations and functions of budget management at headquarters
Main
orientations:
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1.
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Rough
estimate on overall budget management: rough estimate service for
group
companies, rough estimate service for joint-stock
companies;
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2.
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Centralized
management on index system and report forms system: budget index
system
and report forms system used by units of all levels shall be under
the
centralized management of the
headquarters;
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3.
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Centralization
of the budget data: budget data of units of all levels shall be under
the
centralized depositing management;
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4.
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Automatic
compilation of budget reports: according to the budget reports compiled
and reported by subordinate units, group companies and joint-stock
companies can automatically compile them, merge them and offset them
to
form the budget report for the headquarterså
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5.
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Data
interaction with
correlation system such as SAP and
FMIS7.0
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Constitution
and functions of system
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1.
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Rough
estimate management Function: to realize the rough estimate and
compilation work for group companies and joint-stock companies, and
each
specialized company of the joint-stock
companies
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2.
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Calculation
and compilation for report forms Function: main functions including
calculating and compiling the budget reports reported by each subordinate
unit, and then to form the budget reports for the headquarters and
every
board and every caliber (parent company’s report forms, combined
statement, Chinese criterion report forms, International criterion
report
forms, etc
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3.
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Index
system and report forms system standard management Function: to compile
and manage the index system and report forms system
uniformly;
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4.
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Budget
index management Function: to examine and inspect the budget indexes
and
then analyze the performance of
budget;
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|
5.
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Data
interaction with
correlation system such as SAP and FMIS7.0: it can both read
the
related financial data from SAP
and FMIS7.0 and provide
the related budget data for SAP
and FMIS7.0;
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6.
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User
management: to manage the second-level system administrator, and
to assign
system function jurisdictions and data
jurisdictions
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B)
Main
orientations and functions of budget management of each member enterprise of
group companies and each regional company of joint-stock company
Main
orientations: to meets the needs for budget drafting and management of units
of
all levels. Each unit can compile its own index and report forms according
to
its budget management needs:
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1.
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Fill,
compile, and report the budget reports: to fill and compile the budget
reports officially issued by group companies, joint-stock companies
and
each specialized company, and report to the upper-level unit after
audits
and verifications
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2.
|
Budget
index deposition: can analyze and compile the report forms management
system which meets their budget management needs, and then carry
on the
daily budget management, control, analysis, inspection according
to the
budget index issued by the upper-level unit, units of all
levels;
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IV
Progressive
Achievement
China
National Petroleum Budget Project Demand Analysis Instruction
China
National Petroleum Budget Project Software Design Instruction
China
National Petroleum Budget Project Training Program
China
National Petroleum Budget Project Maintenance and Utilization
Instruction
16
V
Service Fees and Mode of Payment
1.
Research and development expenditures and total amount of reward are: RMB
4,550,000 Yuan.
2.
Research and development expenditures are paid by Party A to Party B with
instalment payment. The detailed mode of payment and time are as
follows:
First
phase: the amount is RMB 2800000 Yuan, which will be paid within ten days after
passing the acceptance made by Party A on Party B’s submitted China National
Petroleum Budget Project Software Design Instruction.
Second
phase: the amount is RMB 1750000 Yuan, which will be paid within ten days after
passing the acceptance made by Party A on Party B’s submitted China
National Petroleum Budget Project Training Program
and
China National Petroleum Budget Project Maintenance and Utilization
Instruction
VI
Working
Schedule
1、Design
stage is from Aug 2007 till Feb 2008, which mainly includes finishing budget
business investigation and research, budget software development, budget
software internal testing, etc.
2、Testing
and pilot stage is from Mar 2008 till Aug 2008, which mainly includes finishing
module test, business function testing, flow testing, forming system pilot
files
and technical preparation for system publicity.
3、Promotion
phase is from September, 2008 to June 2009. The major task is to accomplish
all
kinds of applicable pilot program in regional companies, validate
the correctness, adaptability through the actual operation in regional
companies, accomplish the finding of problem improvements and edit documentation
in the software promotion, further improving the budget system.
17