Srvcs-SBD-ICB-Section 9

Part 3: Section 9: Contract Form
Section 9. Contract Forms
List of Forms
Agreement
Contract Security
Standard Bidding Document for the Procurement of Services issued by the PPA (Version 1, January 2006)
Document: Section 9. Page 1 of 4 File Ref: 724897351.rtf
Agreement
Procurement Reference No:
This Agreement is made the day of the month of , between
of (hereinafter called the “Procuring Entity”) and
of (hereinafter called the “Supplier”).
WHEREAS
(a) The Procuring Entity has requested the Supplier to provide certain services (hereinafter
called the “Services”) as defined herein and attached to this Contract;
(b)The Supplier having represented to the Procuring Entity that it has the required skills,
personnel and technical resources, has agreed to provide the Services on the terms and
conditions set forth in this Contract;
NOW THEREFORE the parties hereto hereby agree as follows:
1. In this Agreement words and expressions shall have the same meanings as are
respectively assigned to them in the Contract referred to.
2. In consideration of the payments to be made by the Procuring Entity to the Supplier as
indicated in this Agreement, the Supplier hereby covenants with the Procuring Entity to
provide the Services in conformity in all respects with the provisions of the Contract.
3. The Procuring Entity hereby covenants to pay the Supplier in consideration of the
provision of the Services, the Contract Price of ____________________ or such other
sum as may become payable under the provisions of the Contract at the times and in the
manner prescribed by the Contract.
IN WITNESS WHEREOF, the Parties hereto have caused this Contract to be signed in their
respective names as of the day and year first above written.
Signed by _______________________________(for the Procuring Entity)
Name:__________________________________ Authorised Representative
Position:_________________________________
Signed by ________________________________ (for the Supplier)
Name:___________________________________ Authorised Representative
Position:___________________________________
Witnesses
1. ---------------------------
2. ----------------------------
Appendices
APPENDIX A TERMS OF REFERENCE
APPENDIX B KEY PERSONNEL
APPENDIX C BREAKDOWN OF CONTRACT

PRICE
Note to Bidders: The Contract Security should be on the letterhead of the issuing Financial
Institution and should be signed by a person with the proper authority to sign documents that are
binding on the Financial Institution.
Contract Security
(Bank Guarantee)
Date: [insert date (as day, month, and year) of Contract Security]
To: [insert complete name of Procuring Entity]

WHEREAS [insert name complete of Supplier] (hereinafter “the Supplier”) has
undertaken, pursuant to Contract No. [insert procurement reference number] dated
[insert day, month and year] to provide [brief description of the Services] (hereinafter
“the Contract”).
AND WHEREAS it has been stipulated by you in the aforementioned Contract that the
Supplier shall furnish you with a security [insert type of security] issued by a reputable
guarantor for the sum specified therein as security for compliance with the Supplier’s
performance obligations in accordance with the Contract.
AND WHEREAS the undersigned [insert complete name of Guarantor], legally
domiciled in [insert complete address of Guarantor], (hereinafter the “Guarantor”), have
agreed to give the Supplier a security:
THEREFORE WE hereby affirm that we are Guarantors and responsible to you, on behalf
of the Supplier, up to a total of [insert currency and amount of guarantee in words and
figures] and we undertake to pay you, upon your first written demand declaring the
Supplier to be in default under the Contract, without cavil or argument, any sum or sums
within the limits of [insert currency and amount of guarantee in words and figures] as
aforesaid, without your needing to prove or to show grounds or reasons for your demand or
the sum specified therein.
This security is valid until the [insert number] day of [insert month], [insert year].
This guarantee is subject to the Uniform Rules for Demand Guarantees, ICC Publication
No. 458.
Name: [insert complete name of person signing the Contract Security]

In the capacity of [insert legal capacity of person signing the Contract Security]
Signed: [signature of person whose name and capacity are shown above]
Duly authorized to sign the Contract Security for and on behalf of: [insert complete name
of Financial Institution]
Dated on _______ day of __________________, _______ [insert date of signing]

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Part 3: Section 9: Contract Form

Section 9. Contract Forms

Signed by _______________________________(for the Procuring Entity)

Name:__________________________________ Authorised Representative

Signed by ________________________________ (for the Supplier)

Name:___________________________________ Authorised Representative

APPENDIX A TERMS OF REFERENCE

APPENDIX B KEY PERSONNEL

APPENDIX C BREAKDOWN OF CONTRACT

To: [insert complete name of Procuring Entity]

Name: [insert complete name of person signing the Contract Security]

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