Tender Documents - Oil India Limited

12.9 Upon termination of this Contract, Contractor shall return to Company all
of Company‟s items, which are at the time in Contractor‟s possession.
12.10 In the event of termination of contract, Company will issue Notice of
termination of the contract with date or event after which the contract
will be terminated. The contract shall then stand terminated and the
Contractor shall demobilize their personnel & materials.
13.0 SETTLEMENT OF DISPUTES AND ARBITRATION:
13.1 All disputes or differences whatsoever arising between the parties out of or
relating to the construction, meaning and operation or effect of this contract
or the breach thereof shall be settled by arbitration in accordance with the
Rules of Indian Arbitration and Conciliation Act, 1996. The venue of
arbitration will be Duliajan, Assam. The award made in pursuance thereof
shall be binding on the parties.
14.0 NOTICES:
14.1 Any notice given by one party to other, pursuant to this Contract shall be
sent in writing or by telex or Fax and confirmed in writing to the applicable
address specified below :
Company
a) For Contractual Matters b) For Technical Matters
Head (Contracts)
General Manager (OD&RS)
OIL INDIA LIMITED
OIL INDIA LIMITED
PO DULIAJAN - 786602 PO Duliajan - 786602,
ASSAM, INDIA
Assam, India
Tel No. 91-374-2800548
Fax No. 91-374-2803549
Email: contracts@oilindia.in
c) Contractor
__________________________
__________________________
Fax No. :
14.2 A notice shall be effective when delivered or on the notice's effective date,
whichever is later.
15.0 SUBCONTRACTING / ASSIGNMENT :
15.1 Contractor shall not subcontract, transfer or assign the contract, in full or
any part under this contract, to any third party(ies). Except for the main
drilling services under this contract, Contractor may sub-contract the petty
support services subject to Company‟s prior approval. However, Contractor
shall be fully responsible for complete execution and performance of the
services under the Contract.
16.0 MISCELLANEOUS PROVISIONS:
16.1 Contractor shall give notices and pay all fees at their own cost required to
be given or paid by any National or State Statute, Ordinance, or other Law
or any regulation, or bye-law of any local or other duly constituted authority
as may be in force from time to time in India, in relation to the performance