a. method of payment: payment by bank transfer.Payments made 2 batches-Phase 1: payment of 50% of the value of materials and impeller replacement parts (before VAT) have reduced the advance after the impeller and supplies of spare parts are assembled and are full of documents: + Minutes of static inspection and impeller replacement parts;+ The papers according to DKC 10 – specific terms of the contract.-Phase 2: the payment of the remaining value of the contract after the installation of BXCT, 72 hours of operating experience and are full of the following documents:+ Minutes of synthetic test;+ A payment contract;+ Invoice value (for contractors);+ Warranty guarantee.b. payment currency and payment deadline: -Payment currency: USD according to rates of selling out of the Vietnam Bank for foreign trade at the time of payment.-The time limit for payment: within 21 days from the time the contractor presented the certificate from each batch of payment mentioned above. If A party does not pay timely will pay according to the overdue credit interest rates are applied at the current bank account opening B side.
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