SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness
----------------------------
ECONOMIC AGREEMENT
NUMBER: ............. / HĐKT
(V / V: Delivery of materials and installation of drainage systems.)
- According to civil Code No. 33/2005 / QHH11 14 / 06/2005;
- Pursuant to decree No. 16 / ND-CP dated 07/02/2005 of the Government on management and construction;
- Based on the capabilities and needs of both sides;
Yesterday, day. ....... ...... may 2016 in Buildings "Mobase factory 6" we include:
A / REPRESENTED BY A COMPANY CONSTRUCTION LTD HAN VIETNAM
Representative: Mr. KIM YONG HAN Position: General manager
address: No. 22 Hong Ha Street, Ward 2, Tan Binh District, Ho Chi Minh City
Account: 04210003966749 Vietcombank, CN Phu Tho, Ho Chi Minh City
Tax code: 0310166693
Phone : 086.2925345
B / REPRESENTED BY B: ELECTRICAL CONSTRUCTION COMPANY COMPLIANCE GERMANY
Representative: Mr. Nguyen Duc Tuan Position: Director
address: Pham Van Dong Street, Ward Anh Dung, Duong Kinh District, Hai Phong
Account :
: 0201185625
Phone: 0313.581058
The two sides agreed to discuss and sign economic contracts with the following terms
of Article I: CONTENT CONTRACT
Party A to Party B agrees to receive construction works Grade: Delivery of materials investment and installation of drainage systems on the list in quotation attached.
ARTICLE II: CONSTRUCTION SITES:
Yen Phong industrial Zone, Yen Phong District, Bac Ninh Province.
ARTICLE III: PROGRESS aND ACCEPTANCE oF tHE cOMPLETION
- commencement date: Date ........ month ........ 2016
- completion date: May Day ....... ........ .year 2016
Article IV: vALUES AND FORMS oF LIQUIDATION oF SETTLEMENTS:
- contract value before tax: VND 78,146,820
- VAT 10%: 8.68298 million VND
- Total contract value: 86,829,800 VND
( in words: Eighty-six million eight hundred and twenty-nine thousand eight hundred dongs. /.)
- Payment by cash or bank transfer to the company.
- 1st Payment: advance party A to party B 40% the contract immediately after signing the contract.
- 2nd payment: after the B achieved 80% volume of the contract value, party A will pay party B 30% of the contract value.
- payment phase 3: Upon delivery of the works already completed two parties in taking over the settlement and liquidation of dong.Ben A 30% payment remaining contract value to party B.
Article VI: tHE RESPONSIBILITIES oF tHE pARTIES
+ responsibility A:
- hand over to the B surface construction, construction design documents.
- to appoint technical staff to monitor and supervise the process of construction repair and resolution of issues arising in the works.
+ side B Responsibilities:
- Prepare plans for construction on the basis of the technical design.
- mobilize manpower, machinery and construction according to the approved plan, to ensure compliance with the technical requirements of the project.
- Adhere to the safety regulations in labor and environmental hygiene.
Article VII: MATERIAL RESPONSIBILITY fOR iMPLEMENTING tHE cONTRACT:
- If either party does not perform in accordance with the contract, not true agreements on quality, work progress, the deadline for payment, the violation shall be fined as provided for by contract law.
- If the B construction, repair does not guarantee the quality of the technical requirements of works to repair and rework.
- the breach of contract of the parties that caused material damage to the other party, the breaching party shall be liable to pay damages actual value.
Article VIII: EFFECTIVE cONTRACT
the contract was established 02 copies, each hold 01 Version same legal value
contract takes effect from the date of signing.
REPRESENTED bY A REPRESENTATIVE oF pARTY B
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