13.07.2015 Views

miRS-tonpon - Sturmpanzer.com

miRS-tonpon - Sturmpanzer.com

miRS-tonpon - Sturmpanzer.com

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

A final settlement will be made at the conclusion of the work.No subsequent claims by the Second Party will be admitted.Para. 10 - Period Laid Down for the Completion of the WorkThe period will be agreed upon when making the plan of work, andthe Second Party will undertake to observe it to the best of hisability.The period is automatically extended by any delays occasionedby the First Party. If, by increased expenditure, the work can beexpedite* such expenses will be made good. The First Party willinstitute bonuses to encourage faster work.If the Second Party fears it cannot finish within the periodset, it must report this to the First Party.Para. 11 - Acceptance and GuaranteesThe construction will be accepted as soon as it is ready.The Second Party will guarantee it to be satisfactory for one yearafter the date of acceptance, and any defect arising during this timewill be repaired by him or at his expense. If the First Party findsthe work to be inferior, he may reduce the payment accordingly.If the damage results from enemy action, or force majeure, noguarantee is required.For the duration of the guarantee, the Second Party will give3$ of the total cost of the construction as security.Para. 12 - InsuranceThe Second Party is responsible for adequate insurance of theproject, out of its own funds.Para. 13 - War DamageIn the case of war damage, the Second Party is entitled to paymentfor the work so far carried out, plus expenses for repairing thedamage. Compensation will be paid for any damage to the SecondParty's property.Para. 14 - SecurityThe task, and all documents relating to it, will be treated assecret by the Second Party. He will observe all the securityregulations, and not permit his employees to know more than isessential for the performance of their duties.The Second party will make individual reports on all supervisorytechnical, or <strong>com</strong>mercial, personnel employed on the undertaking, andreport immediately any changes.Para. 15 - Termination of the ContractThe First Party tnay terminate the contract, or part of the contract,at any time, if circumstances require it (with <strong>com</strong>pensation as inpara 2); or if the work is not being satisfactorily performed, or ifits <strong>com</strong>pletion is too long delayed (with <strong>com</strong>pensation for actualexpenses only).- «•/.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!