Pipelaying Tender-VOL I - WorleyParsons.com

from the date of placing the order. The Owner reserves the right to defer theperiod of delivery in writing. Where no delivery is expressly stated, it shall beconstrued as seven days (from the date of LOI).18. VOID19. VOID20. REJECTION, REMOVAL OF REJECTED GOODS AND REPLACEMENTIn case the testing and inspection at any stage by Inspectors reveal theequipment, material and workmanship do not comply with specification andrequirements, the same shall he removed by the Vendor at his its own expenseand risk within the time allowed by the Owner. The Owner shall be at liberty todispose of such rejected goods in such manner as may think appropriate. In theevent, the Vendor fails to remove the rejected goods within the period asaforesaid, all expenses incurred by the Owner for such disposal shall be to theaccount of the Vendor. The freight paid by the Owner, if any, on the inward journeyof the rejected materials shall be reimbursed by the Vendor to the Owner beforethe rejected materials are removed by the Vendor.The Vendor will have to proceed with the replacement of that equipment or part ofequipment without claiming any extra payment if so required by the Owner.The time taken for replacement in such event will not be added to the contractualdelivery period.21. TRANSFER OF PROPERTY FROM THE VENDOR TO THE OWNERThe transfer of property shall be deemed to have taken place as FOR destinationlocation: On taking delivery from the transporters at the destination location.22. PRICEUnless otherwise agreed to in the terms of the Order the price shall be:Firm and not subject to escalation for any reason whatsoever till the execution ofentire order, even though it might be necessary for the order execution to takelonger than the delivery period specified in the order.23. TERMS OF PAYMENTPlease refer Special Condition of Purchase.24. INVOICINGPlease refer Special Condition of Purchase.25. RECOVERY OF SUMS DUEWhenever any claim against the Vendor for payment of a sum of money arises outof or under tile contract, the Owner shall be entitled to recover such sums from anysum due to them or which at any time thereafter may become due from the Vendorunder this or any other contract with the Owner and should this sum be notsufficient to cover tile recoverable amount, tile Vendor shall pay to the Owner ondemand tile balance remaining due.MH2145-C000-PS-RFQ-0020Page 101 of 334