Article 16: insurance and warranty16.1. insurancea) the owner must buy insurance for construction works as specified. The investor has to buy insurance works; When there are losses, the damage resulting for the works that the losses, damages in the scope of work of the contractor, the contractor must perform the necessary procedures prescribed to be compensated.b) bidders have to make buying insurance for the equipment, the personnel of the contractor, for the third party insurance.16.2. WarrantyAfter receiving the report on the company, projects to put into use, the contractor must:a) warranty service works in 12 months time.b) warranty work value in cash or bank guarantee equivalent to 5% of the value of settlement between the two sides.c) during the period of warranty the work the contractor must repair any flaws, defects cause contractor's fault in construction process by the cost of the contractor. The repair these errors have to be starting within no more than 3 days after receiving notice of the owner of the bug. If this time limit that the contractor did not begin to make the repairs, the owner has the right to hire a contractor to other (third party) make this work and the whole of the costs for the repairs to pay to a third party by the contractor and will be deducted from the amount of the contractor's warranty and notice to the contractor the value on Contractors are forced to accept the value on or the owner will send the written request to the bank guarantee for the warranty in the event a third party contractor to have the guarantee of a bank guarantee.Article 17: risk and unforeseen17.1. Risks and unforeseena) risk is the risk of a negative impact to the performance of the contract.b) force majeure is an event risks can not fend off floating when it happens and cannot be foreseen when concluding the contract as an earthquake, hurricane, flood, Tornado, flood, tsunami, landslides or volcanic activities, war, disease.c) When the contractor entered force majeure, it shall notify in writing to the other party as soon as possible.17.2. Contractor's responsibility for risksThe contractor will bear full responsibility for ensuring that the work and from the start date until the release of the minutes of trials brought into use. If any loss or damage happening to the work, materials and equipment or materials of any contractor in this time period, the contractor will have to fix the loss or damaged by the cost of the contractor.17.3. Compensation risksEach side must compensate and suffer the damages to the other party for damage claims, losses and expenses (including legal fees and costs) related to physical harm, sickness, disease or death, the property was attributed to willful negligence, or breach of contract by the parties themselves.17.4. Notice of force majeureIf a side hampered implementation of any of his obligations under the contract due to force majeure, that party must notify the other party about the incident or circumstances causing unforeseen situation and must specify the obligations, the work has been and will be hampered.17.5. The consequences of force majeurea) extends the duration of the contractb) increased costs made the contractc) after receiving this notification, the owner agreed to review or decide on the issue.17.6. The termination of the contract due to force majeure, paymenta) If the implementation works continually hampered due to force majeure were notified according to paragraph 17.4 of the contract [notice of force majeure], then either party may send notice of termination to the other party.b) for cases of termination, the owner will have to pay to the contractor the payment for any work would have been done which was stated in the contract.
đang được dịch, vui lòng đợi..