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Old Value |
New Value |
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PCC--General Conditions of Contract-- |
The Project Site(s)/Final Destination(s) is/are; [insert name(s) and detailed information on the location(s) of the site(s)]
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The Project Site(s)/Final Destination(s) is/are; [Dzongkhag Administration, Haa(s) and detailed information on the location(s) of the site(s)]
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PCC--General Conditions of Contract-- |
The Purchaser is: [insert complete legal name of the Purchaser]
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The Purchaser is: [Dzongkhag Administration, Haa]
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PCC--General Conditions of Contract-- |
The language shall be: [insert the name of the language]
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The language shall be: [in English]
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PCC--General Conditions of Contract-- |
For notices, the addresses shall be:
For the Purchaser:
Attention: [insert full name of person, if applicable]
Address: [insert full address including, as appropriate, street address and number, floor, room number, city], Bhutan
Telephone: [insert telephone number, including country and city codes]
Facsimile number: [insert facsimile number, including country and city codes]
E-mail address: [insert e-mail address, if applicable]
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For notices, the addresses shall be:
For the Purchaser:
Attention: Chimi Rinzin]
Address: [Dzongkhag Administration, Haa], Bhutan
Telephone: [08-375494]
Facsimile number: [insert facsimile number, including country and city codes]
E-mail address: [crinzin@haa.gov.bt]
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PCC--General Conditions of Contract-- |
The governing law shall be the law of the Kingdom of Bhutan.
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The governing law shall be the law of the Kingdom of Bhutan.
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PCC--General Conditions of Contract-- |
The prices charged for the Goods supplied and the related Services performed [insert â??shallâ?� or â??shall not,â?� as appropriate] be adjustable.
If prices are adjustable, the following method shall be used to calculate the price adjustment [see attachment to these SCC for a sample Price Adjustment Formula]
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The prices charged for the Goods supplied and the related Services performed [shall not,” as appropriate] be adjustable.
If prices are adjustable, the following method shall be used to calculate the price adjustment [see attachment to these SCC for a sample Price Adjustment Formula]
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PCC--General Conditions of Contract-- |
Sample provision
GCC 17.1â??The method and conditions of payment to be made to the Supplier under this Contract shall be as follows:
Payment for Goods supplied from abroad:
Payment of the foreign currency portion shall be made in ( )
(i) Advance Payment: Ten percent (10%) of the Contract Price shall be paid within thirty (30) days of signing of the Contract, and upon submission of a claim and an advance payment guarantee for the equivalent amount valid until the Goods are delivered and in the form provided in the Bidding Documents.
(ii) On Shipment: Eighty percent (80%) of the Contract Price of the Goods shipped shall be paid through irrevocable confirmed letter of credit opened in favor of the Supplier in a bank in its country, upon submission of the documents specified in GCC Clause 13.
(iii) On Acceptance: Ten percent (10%) of the Contract Price of the Goods received shall be paid within thirty (30) days of receipt of the Goods upon submission of claim supported by the acceptance certificate issued by the Purchaser.
Payment of the local currency portion shall be made in Bhutanese Ngultrum (BTN) within thirty (30) days of presentation of a claim supported by a certificate from the Purchaser declaring that the Goods have been delivered and that all other contracted Services have been performed.
Payment for Goods and Services supplied from within Bhutan:
Payment for Goods and Services supplied from within Bhutan shall be made in _____ [currency], as follows:
(i) Advance Payment: Ten percent (10%) of the Contract Price shall be paid within thirty (30) days of signing of the Contract against a simple receipt and an advance payment guarantee for the equivalent amount and in the form provided in the Bidding Documents.
(ii) On Delivery: Eighty percent (80%) of the Contract Price shall be paid on receipt of the Goods and upon submission of the documents specified in GCC Clause 13.
(iii) On Acceptance: The remaining ten percent (10%) of the Contract Price shall be paid to the Supplier within thirty (30) days after the date of the acceptance certificate for the respective delivery issued by the Purchaser.
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Sample provision
GCC 17.1—The method and conditions of payment to be made to the Supplier under this Contract shall be as follows:
Payment for Goods supplied from abroad:
Payment of the foreign currency portion shall be made in ( )
(i) Advance Payment: Ten percent (10%) of the Contract Price shall be paid within thirty (30) days of signing of the Contract, and upon submission of a claim and an advance payment guarantee for the equivalent amount valid until the Goods are delivered and in the form provided in the Bidding Documents.
(ii) On Shipment: Eighty percent (80%) of the Contract Price of the Goods shipped shall be paid through irrevocable confirmed letter of credit opened in favor of the Supplier in a bank in its country, upon submission of the documents specified in GCC Clause 13.
(iii) On Acceptance: Ten percent (10%) of the Contract Price of the Goods received shall be paid within thirty (30) days of receipt of the Goods upon submission of claim supported by the acceptance certificate issued by the Purchaser.
Payment of the local currency portion shall be made in Bhutanese Ngultrum (BTN) within thirty (30) days of presentation of a claim supported by a certificate from the Purchaser declaring that the Goods have been delivered and that all other contracted Services have been performed.
Payment for Goods and Services supplied from within Bhutan:
Payment for Goods and Services supplied from within Bhutan shall be made in ___Nu__ [currency], as follows:
(i) Advance Payment: Ten percent (10%) of the Contract Price shall be paid within thirty (30) days of signing of the Contract against a simple receipt and an advance payment guarantee for the equivalent amount and in the form provided in the Bidding Documents.
(ii) On Delivery: Eighty percent (80%) of the Contract Price shall be paid on receipt of the Goods and upon submission of the documents specified in GCC Clause 13.
(iii) On Acceptance: The remaining ten percent (10%) of the Contract Price shall be paid to the Supplier within thirty (30) days after the date of the acceptance certificate for the respective delivery issued by the Purchaser.
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PCC--General Conditions of Contract-- |
The amount of the Performance Security shall be: [insert amount and currency]
[The amount of the Performance Security is usually expressed as a percentage of the Contract Price. The percentage varies according to the Purchaserâ??s perceived risk and impact of non-performance by the Supplier. A figure of ten percent (10%) is used under normal circumstances]
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The amount of the Performance Security shall be: [insert amount and currency]
[The amount of the Performance Security is usually expressed as a percentage of the Contract Price. The percentage varies according to the Purchaser’s perceived risk and impact of non-performance by the Supplier. A figure of ten percent (10%) is used under normal circumstances]
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PCC--General Conditions of Contract-- |
The period of validity of the Warranty shall be: [insert number] days.
For the purposes of the Warranty the place(s) of final destination(s) shall be: [insert name(s) of location(s)]
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The period of validity of the Warranty shall be: [365] days.
For the purposes of the Warranty the place(s) of final destination(s) shall be: [Haa Dzongkhag(s) of location(s)]
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PCC--General Conditions of Contract-- |
The period for repair or replacement shall be: [insert number] days.
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The period for repair or replacement shall be: [30] days.
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PCC--General Conditions of Contract-- |
The period for repair or replacement shall be: [insert number] days.
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The period for repair or replacement shall be: [30] days.
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PCC--General Conditions of Contract-- |
The types of acceptable Performance Securities are:
(i) Unconditional bank guarantee issued by financial institution located in Bhutan and acceptable to the Purchaser, in the form provided for in the Contract or in any other form acceptable to the Purchaser, or
(ii) Cash warrant, or
(iii) Demand draft.
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The types of acceptable Performance Securities are:
(i) Unconditional bank guarantee issued by financial institution located in Bhutan and acceptable to the Purchaser, in the form provided for in the Contract or in any other form acceptable to the Purchaser, or
(ii) Cash warrant, or
(iii) Demand draft.
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