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TAC Document Template - GEMS

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7 Consideration of a contract change to benefit from the<br />

new Contract clause on audit certificates<br />

The Contractors Committee<br />

• Took note of the new contract clause on audit certificates, which could<br />

benefit many of the Contractors, by allowing an exemption under certain<br />

circumstances;<br />

• Agreed unanimously to negotiate a contract change to incorporate the new<br />

clause in the <strong>GEMS</strong> contract;<br />

• Noted the potential disadvantages of the exemption, and that Contractors<br />

eligible for the exemption may choose not to avail of the exemption.<br />

<strong>GEMS</strong>/CC/1/(05)6<br />

8 Any other business<br />

The Contractor’s Committee expressed its appreciation of the contribution of<br />

Mr Keith Edwards to the <strong>GEMS</strong> project and wished him well in his retirement<br />

9 Closure of the Session<br />

The session closed at 15.00<br />

2

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