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bid documents for the procurement of rice mill parts and ...

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executed pursuant to <strong>the</strong> provisions <strong>of</strong> <strong>the</strong> Act <strong>and</strong> its IRR-A.<br />

Provided, fur<strong>the</strong>r, that by mutual agreement, <strong>the</strong> parties may<br />

agree in writing to resort to o<strong>the</strong>r alternative modes <strong>of</strong><br />

dispute resolution.<br />

XIII. EFFECTIVITY AND DURATION OF CONTRACT<br />

The Contract shall be in full <strong>for</strong>ce <strong>and</strong> effect upon <strong>the</strong><br />

signing/approval <strong>of</strong> <strong>the</strong> contract by both parties <strong>and</strong> shall expire at<br />

<strong>the</strong> end <strong>of</strong> <strong>the</strong> year or upon completion <strong>of</strong> <strong>the</strong> delivery <strong>of</strong> <strong>rice</strong> <strong>mill</strong><br />

<strong>parts</strong> <strong>and</strong> consumables whichever comes first.<br />

XIV. ETIRETY CLAUSE<br />

No alterations, amendments, <strong>and</strong>/or modifications to <strong>the</strong> Contract<br />

shall be considered valid unless agreed upon by both parties<br />

contained in a duly notarized document.<br />

XV. VEUE OF ACTIO<br />

Legal actions arising out <strong>of</strong> or relating to this Contract shall be filed<br />

with any <strong>of</strong> <strong>the</strong> competent courts in San Fern<strong>and</strong>o City, La Union.<br />

10.4 Not applicable.<br />

13.4(c)<br />

No fur<strong>the</strong>r instructions.<br />

16.1 Refer to SCC Clause 6.2 Roman Numeral I, Obligations <strong>of</strong> NFA.<br />

17.3 In order to assure that manufacturing defects shall be corrected<br />

by <strong>the</strong> supplier, a warranty security shall be required from <strong>the</strong><br />

contractor <strong>for</strong> a minimum period <strong>of</strong> three (3) months after<br />

acceptance by <strong>the</strong> procuring entity <strong>of</strong> <strong>the</strong> delivered supplies.<br />

The obligation <strong>of</strong> <strong>the</strong> warranty shall be covered by ei<strong>the</strong>r<br />

retention money or a special bank guarantee in an amount<br />

equivalent to at least ten percent (10%) <strong>of</strong> <strong>the</strong> total contract p<strong>rice</strong>.<br />

The said amounts shall only be released after <strong>the</strong> lapse <strong>of</strong> <strong>the</strong><br />

warranty period or , in <strong>the</strong> case <strong>of</strong> expendable supplies, after<br />

consumption <strong>the</strong>re<strong>of</strong>. Provided, however, that <strong>the</strong> supplies<br />

delivered are free from manufacturing defects <strong>and</strong> all <strong>the</strong><br />

conditions imposed under <strong>the</strong> contract have been fully met.<br />

17.4 The period <strong>for</strong> correction <strong>of</strong> defects in <strong>the</strong> warranty period is within<br />

ten (10) working days after receipt <strong>of</strong> Notice <strong>of</strong> Defect.<br />

21.1 No additional provision.<br />

69

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