Special engineering design, supply and installation contract
Contract No:201604
Buyer( Party A): Best way Gulf Steel Structure LLC
Supplier(Second Party): HongKong Fertile Trading (Branch).
Party A commissioned Party B to undertake Party A's designated60beds Hospital project special engineering design,supply,installation,by mutual agreement,the signing of this contract,joint implementation.
1.The scope of work :both parties confirm the intelligent systems within the scope of construction drawing processing production, including drawing deepening design, processing production , per assembling, packing, loading, technical support and services, Party B should provide the export required documents of relevant information, documents and assistance which the Party A need.
2. Design basis
2.1 The contract or the power of attorney which party A provide.
2.2 Submission basic data of party A
2.3 The design USES the main technical standards: Design should comply with UAE municipality and related departments approved by the planning and design drawings, and meet the relevant international BS standards,and to meet the requirements of Party A assigned supervisor, project related department.
3.Design content
3.1 The list of design work
3.2 Quota design
a. Party B design according to the basic drawing which is the Party A to provide. Party B according to the specifications and technical requirements for reasonable deployment configuration.
b. In line with the design requirements on the basis of party A, by party b in the supply of equipment and material list limit cost is as follows
4, Contract amount:
Both parties agreed the contract amount of $ 2,926,900 , for the completion of the term of the contract for the design, supply and installation work of all costs, profits, taxes, and so on.
5,payment condition:
5.1 Pay 15% of the contract amount after get the approval from the owners and supervision for the completed design drawings.
5.2 Pay 45% of the contract amount upon goods ordering process and list approved by Party A 5.3 Pay 30% of the contract amount upon goods ordered ready to board.
5.4 pay 5 % of the contract amount upon arrival on site completion of installation.
5.5 Pay 5% of the contract amount as retention, to be paid after one year warranty period has come to an end.
5.6 Payment by bank transfer.
5.7 Party B shall provide the original Commercial invoice to party A.
6 Both parties to submit relevant information, documents and time.
6.1 Project the existing building and structural drawings can be provided within one week after signing the contract .