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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