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Agreement Ppcl

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Page 1: Agreement Ppcl

7/23/2019 Agreement Ppcl

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AGREEMENT

An Agreement made on ----- day ---------- between M/s---------------------- hereinafter 

called the contractor (which term shall unless excluded by or repugnant) to the subject or 

context include its successors and permitted assigners on the one part and the Pragati Power 

Corporation td! ha"ing its office at Pragati Power #tation ! $ew %elhi-&&''' (ndia)

herein after called the *wner (which terms shall unless by or repugnant) to the subject

context or contact include its successor and assignees on the other part+

&+ ,hereas the owner is desirous of getting ----------------------(name of wor)-------------of 

PPC! Pragati Power #tation! .ing .oad! $ew %elhi-&&'''! enumerated or referred

to in the ender $o0 --------------------- along with the 1eneral 2 #pecial terms 2

conditions! tendering 2 in the letter of contractor $o0 ------------- %ated0 -----------------

 by the contractor+ he contract will come into force w+e+f+ 3333 to start the wor+

+ he contractor has inspected the ---------------------(45uipment)----------- 2 wor 

specified in the tender document and has satisfied himself by careful examination

 before submitting his tender as to nature of wor and conditions! the 5uotations! natureand magnitude of the wor! the a"ailability of labour and material necessary for the

execution of wor and has considered the nature and extent of all payable and possible

situations delays! hindrances or interferences to or with the execution and completion of 

the wor to be carried out under this contract and has examined and considered all other 

matters! things ! and all probable and possible contingencies and generally all matters

incidental thereto and ancillary there of effecting the executions and completion of the

wor and which might ha"e influenced him in maing this tender+

6+ And whereas the contractor has accepted the order for  

---------------------------------------------from PPC on the rates and condition of the

contract order no. --------------------------------------%ated--------------------- and terms andconditions contained in the contract document which will form part of the contact+ $ow

this agreement witnesses and it is here by agreed and declared as follows0

n consideration of payment to the contractor for the wor to be executed by him the

contractor hereby abides with the company that the contactor shall will duly pro"ide!

execute! complete the said wor and shall do and perform all acts! deeds and things as

contained in the ender $o0 -------------------  dated-----------and  also correspondence

exchanged which form part of this contract+

n consideration of the due pro"ision! execution and completion of said wor! the

PPC does herby agree with the contractor that PPC will pay to the contractor the

respecti"e amount! for the wor done by him! and such other sums as may become

liable to the contractor under the pro"ision of the contract! such payment to be made at

such time and in such manner as pro"ided for in the contract+

n witness where of the parties ha"e executed the present assignment on the date and

date first abo"e written+

#igned and deli"ered for on behalf of M/s-----------------------------------+

7or and on behalf of PPC+ #igned 8y M/s --------------------------

,$4## ,$4##

&+ &+

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