Contractor and the Subcontractors and suppliers shall confine construction activities and storage to the Site, to the Lay Down Areas provided by Owner as more particularly depicted on the diagram attached hereto as Schedule V (the �Lay Down Areas�), to the area designated by Owner for soil disposal in the Ground Lease (the �Soil Disposal Area�), to temporary and permanent easements that are reasonably necessary for the construction, operation, maintenance and repair of the Project and support facilities for the Project, that have been provided or are in the future provided by Owner (the �Easement Areas�) and to other areas that may hereafter be provided by Owner or other persons for such purposes. (1) A project's thresholds for prior review vary from loan to loan and from country to country; they are specified in the project's Procurement Plan. Contracts below the prior review threshold, and other fast-disbursing contracts subject to the Bank's ex-post review, are not entered in the Bank's procurement systems. The Parties agree that in the event that the Utility Regulator takes action that results in the reallocation of any costs or any risks relating to the Facility in a manner that materially affects any of the costs or obligations under this Agreement, the costs and/or obligations shall be adjusted accordingly among the Parties to this Agreement to reflect the effect of the Utility Regulator�s action. The use of Alternative Procurement Arrangements (APAs) was approved by the Board of the World Bank in July 2015 as part of the New Procurement Framework. These support a wide array of investments in such areas as education, health, public administration, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management. A number of countries have recently discovered and are developing oil and gas reserves. Prior Review - Notification of Award. Contractor shall enforce, at its sole expense, all warranties contained within the Subcontractor Protections for the Subcontractor warranty periods provided for the specific equipment to which such warranties pertain. Aslam February 13, 2018. The Bank, the Contractor, and CUSTOMER agree that, in the event of any conflict of terms, this Tripartite Agreement supersedes the Bank’s Service Terms for any and all accounts and services that are covered by this Tripartite Agreement. under projects assessed as high SEA/SH risks, whose procurement process is initiated on or after January 1, 2021. CHAPTER 1 INTRODUCTION . Conditions of Contract SAMPLE FORMS for CONSTRUCTION FOR BUILDING AND ENGINEERING WORKS ... June 2010 - General Conditions. 16.11 Further Assurances. ... Forbes hailed Warren Buffett as the wealthiest investor in the world as of 2016. 16.15 Further Documents and Actions. Here are 21 Free Consultant Agreement Templates & Samples in MS Word to help you prepare and print your own Consultant Agreement quickly. Notwithstanding anything in this Agreement to the contrary, the provisions of Section 11.11 and Article 12 shall survive the completion or termination of this Agreement and nothing in this Agreement shall be deemed to limit the applicable statute of limitations period within which any Party may bring a claim for breach of this Agreement. 5.5.1 Financing. / � � � � � � � � � � 4 @ B g i � � x! Such Safety Plan shall require, among other things that Contractor and Owner satisfy any safety requirements of the insurers for the Project. Upon agreement of Owner and Operator, this Agreement may be extended for [Number of extensions] periods of [Length of extensions] each. �Facility� shall mean the ��[Renewable energy technology]�� facility, as more particularly described in the Recitals to this Agreement. Except with respect to the provisions of the Agreement pertaining to assignment, the Agreement is not intended to and shall not create rights of any character whatsoever in favor of any person other than the Parties to the Agreement. 15.2.2 Entire Agreement. 5.2.8 Not unreasonably withhold their support from other actions reasonably requested by Contractor to promote the timely completion of the Facility or to promote the completion of the Facility within the Project budget. It can be used to document revisions, additions and deletions to the terms and conditions of an active fully executed contract.. An amendment does not replace the entire original contract, just the part that is changed by the amendment. ARTICLE 6 - OWNERSHIP OF ASSETS 6.1 Ownership of the Facility; Risk of Loss. 4. �Minimum Required Capacity� shall have the meaning assigned to it in Section 11.3.1. ARTICLE 5 - OWNER� RIGHTS AND RESPONSIBILITIES 5.1 Transfer of Control Responsibility to Owner. �Business Day� shall mean any day other than a Saturday, Sunday or a day on which either the state or national banks in the State of Wisconsin are not open for the conduct of normal banking business. Contractor shall retain an engineer for the Project (�Engineer�) or perform the duties of the Engineer. 11.11 Indemnification. The templates and forms are downloadable for free from the Ministry of Finance website, with facility for e-filling. In addition to the foregoing liability, Contractor shall deliver to the State ��[Percent]�� of any amounts recovered from or received from vendors, design professionals and contractors or from the insurance companies or other indemnitors for errors and omissions, late completion penalties, liquidated damages and performance guarantees (collectively, �Subcontractor Recoveries�). The Punch List shall include all deliverables through Final Completion. Consultants should clarify their situation in that respect with the Client before preparing the proposal. This edited collection fills a significant gap in the literature by gathering contributions from the most prominent academics and practitioners of aid and procurement. Contractor, subject to the provisions of this Section 11.2.3 and Schedule III, may repeat an Acceptance Test as Contractor deems appropriate; provided, that all Acceptance Tests must be completed by 60 days after the Facility achieves Mechanical Completion (the �Acceptance Testing Period�), unless: (a) the Parties agree otherwise in writing; or (b) the Acceptance Testing Period is extended by Force Majeure, but not beyond the Delay Default Date. (�Parent Guarantee�) of performance for the obligations of Contractor, in the form of Schedule X. �Change Orders� are changes to the Work after construction begins. The Specifications shall further include any Change Orders and other changes to the Work authorized in accordance with Article 8 of this Agreement. If applicable, the Parties shall modify the Project Schedule and Payment Milestones to reflect the impact of Addenda and Change Orders. 5.2.6 At all times, use commercially reasonable efforts to proceed in a manner that supports the Project Schedule. �Punch List� shall have the meaning assigned to it in Section 10.4. �Final Payment� shall have the meaning assigned to it in Section 9.3. Contractor shall retain a qualified person or firm to serve as the safety director for the Project (the �Safety Director�), subject to the approval of Owner, not to be unreasonably withheld. Contractor shall make available to Owner any record produced or collected under this Agreement. In the event of such termination, Contractor shall deliver to Owner all materials and data for which title has passed to Owner. A lease agreement allows a tenant to occupy space in exchange for the payment of rent to the landlord. The Parties have been informed and acknowledge that: (a) this Agreement will require the Parties to make substantial contractual commitments and incur significant costs based upon the terms of this Agreement, including the terms that recognize the possibility that the Utility Regulator may take action that results in the reallocation of costs within the Facility or the reallocation of risks between the Parties; and (b) this Agreement will be executed in advance of the Utility Regulator�s approval of the Project and the contemplated sale of its electricity output. The Punch List may be amended from time to time, upon written Agreement of the Parties, prior to Final Completion. A Joint Venture Agreement is a contract between two or more individuals or businesses who would like to undertake a new discrete project, start a new service, or do some other type of specific work together in order to make a profit. The toolkit contains eight booklets and a CD-ROM which cover a range of issues including: a port reform framework, alternative port management structures and ownership models, legal reform tools, financial implications, regulation, labour ... ARTICLE 2 - REPRESENTATIONS 2.1 - Representations by Contractor Contractor represents that: 2.1.1 Organization and Qualification. Proof of the required insurance and endorsements shall be made by submission to Owner, prior to commencement of a Project, of certificates of insurance and endorsements satisfactory to Owner. Any delays in or failure of performance by a Party, other than the obligations to pay monies hereunder, shall not constitute a default hereunder if and to the extent such delays or failures of performance are caused by Force Majeure events. Publishing Procurement Notices and Contract Awards. SUBSCRIBER/INSTITUTION The International Bank for Reconstruction and Development/The World Bank By Name/Title: By Name/Title: �Final Completion� shall have the meaning assigned to it in Section 10.5. Ownership of the Facility, and of each item of material, equipment, machinery, supplies and other items incorporated therein, shall pass from Contractor to Owner in accordance with the percentage Ownership interest obtained with each payment pursuant to Article 9, except as provided below. 2.1.2 Authorization, approvals, no defaults. A Joint Venture Agreement is more limited than a Partnership Agreement, in that the parties are only working together for one specific activity. 11.10.3 Owner shall not be liable for any lost profits or indirect, special, multiple, or punitive damages. Unless expressly provided otherwise in this Agreement, in the event the Owner fails to respond in any such situation within 10 Business Days of the delivery of the information or notice that triggers the Owner�s right to approve or provide feedback, the Parties agree that Owner shall be deemed to have approved the item in question or to have waived its right to provide feedback, as the case may be. The set of procurement contract awards on this site include summary and detailed reports for commitments against prior-review Bank-funded contracts awarded under IDA/IBRD investment projects and related Trust Funds (*). Discover 200+ Mobile Dashboard designs on Dribbble. The World Bank seeks to hire a firm to carry out an audit of the procurement and contract management on a sample basis. Before you leave, we’d love to get your feedback on your experience while you were here. CrystalGraphics is the award-winning provider of the world’s largest collection of templates for PowerPoint. The contracts mainly include the 2017 Second edition FIDIC contracts, which cover a wide range of international construction and infrastructure work, and the World Bank’s move represents a major endorsement for the contracts from a major international funding organisation. o� S y s t e m A c c e p t a n c e T e s t i n g : ( a ) C a p a c i t y d e m o n s t r a t e 4 0 0 , 0 0 0 l b s / h o u r @ 1 7 5 P S I G w i t h 1 d e g r e e F a h r e n h e i t s u p e r h e a t ; ( b ) S t e a m Q u a l i t y U S D A F o o d G r a d e W a t e r T r e a t m e n t C h e m i c a l s ; ( d ) D u r a t i o n o f s y s t e m t e s t s o v e r a p e r i o d o f o n e h o u r . World Bank staff have the crucial fiduciary duty to ensure that loan funds are used for their intended purposes. 13.7 Effect of Termination Under Sections 13.4, 13.5, 14.2 & 16.21. Subject to the specific rights and obligations of the Parties set forth in Section 7.2.4 and Article 14, if Contractor or Owner is denied a required Authorization, or any such Authorization is obtained but contains restrictions, qualifications or conditions that would have a material adverse impact on the benefits or obligations of the Parties under this Agreement, the Parties agree to use commercially reasonable efforts, within 30 days of the denial of the required Authorization or issuance of the unduly restrictive Authorization, to reform this Agreement, or to take other mutually agreeable actions (including, for example and without limitation, one Party indemnifying or making whole the other Party), that provide each Party with economic or other benefits that are substantially equivalent to those set forth in this Agreement. The Project Schedule will include, without limitation, the Payment Milestone Schedule and sub-Project schedules for each of the major participants in the Project. Owner shall have no responsibility for any costs of environmental compliance or remediation to the extent caused by the negligent acts and omissions or intentional or willful misconduct of Contractor or any of Contractor�s employees or agents, including, without limitation, all Subcontractors and Suppliers. W �Change Order� shall mean a document issued pursuant to Article 8, which describes changes in or to the Work. In the event of any inconsistencies between the terms and conditions of the body of this Agreement and the Schedules, the provision of the body of this Agreement shall prevail over the terms of any Schedule. 5.4 Owner�s Additional Rights and Responsibilities. Against this background, the World Bank Group developed the Guidance on PPP Contractual Provisions, 2017 Edition (the “Guidance”) which built on an earlier version released in 2015, known as the Report on Recommended PPP Contractual … 4.5.2 Contractor shall be responsible for assuring that all waste generated in the performance of its obligations under this Agreement and all waste transported to or from, moved or used or stored upon the Site by Contractor or any other person for whom Contractor is responsible, within the scope of Contractor�s performance of this Agreement, is handled in accordance with applicable Law. The World Bank does not guarantee the accuracy of the data included in this work. Past due payments hereunder not contested in good faith shall bear interest from the due date until paid at the Late Payment Rate. The Guarantor�s liability for payment and performance of the Obligations shall be absolute and unconditional; the Guarantor unconditionally and irrevocably waives each and every defense which, under principles of guarantee or suretyship law, would otherwise operate to impair or diminish such liability; and nothing whatever except actual full payment and performance of the Obligations (and all other debts, obligations and liabilities of the Guarantor under this Agreement) shall operate to discharge the Guarantor�s liability hereunder. F. The Project requires ��[Brief description of types of regulatory or other governmental approvals required]�� (�Authorizations�). Data on Statistical Capacity The World Bank’s Statistical Capacity Indicator is a composite score assessing the capacity of a country’s statistical system. Prior Review - Contract Completion. Found insideThe World Bank defines “Respondent” as an entity or individual alleged to have engaged in a Sanctionable Practice and who has ... Here is a quote from Mr. Seiler, “EBRD's templates for private sector loan agreements address prohibited ... Sample Catering Contract Agreement Template Oil, Gas, and Mining: A Sourcebook for Understanding the Extractive Industries provides developing countries with a technical understanding and practical options around oil, gas, and mining sector development issues. The illustrative description of work shown below relates to the design and construction of a cogeneration facility are offered to provide an example of the scope and detail of a workable scope of work description. Private Label Credit Card Program Agreement - World Financial Network National Bank, Victoria's Secret Direct LLC and Far West Factoring Inc. (Aug 29, 2002) Private Label Credit Card Program Agreement - World Financial Network National Bank, Bath & … Contractor shall pay, and invoice to Owner, as part of the Cost of the Work, all sales, consumer, use, gross receipts, and other similar taxes, special assessments and other fees in accordance with applicable Law. THE WORLD BANK GROUP GENERAL TERMS AND CONDITIONS CONSULTING SERVICES August 2016 This Contract is between the INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT or INTERNATIONAL FINANCE CORPORATION (the “Purchaser”), and the Contractor for the services described in this Contract. The bank will study our details, access our returning ability and grant us the loan. 4.18 Other Authorizations. If Contractor undertakes to perform the duties of the Engineer, Contractor shall have the same obligations defined for inclusion in the Engineer�s Contract. The scope of work has the following components. ( Third-party legal liability claims arising from bodily injury and/or damage to property of others from the ownership, maintenance or use of any motor vehicle, both on-site and off site. When available, the draft traffic control plan shall be presented to Owner for review and approval. A proposal has a lot of different purposes, but there’s only one good way to write one: the way that pulls together all of the information in a concise and persuasive way and helps you get what you want … whether that’s a whole new software system, or just a tweak to your marketing strategy. 4.5 - Hazardous Substances; Erosion. The prefaces to these two contracts indicate the circumstances in which their use is most appropriate. It is important to note that World Bank contracts are only a subset of the bank’s overall lending portfolio. Any of the Parties may request in writing an Addendum or a Change Order consisting of additions to, deletions from, or other revisions to the Work, provided that such changes are within the general scope of the Work. 13.5 Force Majeure; Failure of Authorizations. If the PM/CM concludes the withholding is justified, then Contractor shall not be entitled to be paid the withheld amount unless and until it addresses any reasons for withholding that are confirmed by the PM/CM. The Standard Bidding Document for the Procurement of Works–Small Contracts (SBD Works-Small) has been prepared by the Asian Development Bank (ADB) for use in contracts involving “smaller” contracts—valued at generally less than $10 million by open competitive bidding. Owner shall: 5.2.1 Make payment of the Cost of the Work in accordance with Article 9. 11.2.4 Acceptance Test Results. World Bank borrowers must advertise consulting and bidding opportunities, and also publish contract awards (in accordance with paragraphs 2.5 and 2.31 of the Guidelines on Employment of Consultants by World Bank Borrowers and paragraphs 2.7 and 2.59 of the Guidelines on Procurement of Goods, Works, and Non-Consulting … 2. The Guarantor hereby (a) unconditionally guarantees the full and prompt payment and performance of the Obligations when due, whether by acceleration or otherwise, or (if earlier) at the time any Obligor becomes the subject of bankruptcy or other insolvency proceedings; (b) agrees to pay all costs, expenses and reasonable attorneys� fees incurred by Owner in enforcing this Agreement and the Obligations and realizing on any collateral for either; provided however, that Guarantor shall not be required to pay such amounts incurred by Owner in any attempted enforcement by Owner of this Agreement in which Guarantor ultimately prevails; and (c) agrees to pay to Owner the amount of any payments made to Owner or. �Defects�, individually a �Defect�, shall have the meaning assigned to it in Section 11.5. 15.2.3 Order of Interpretation. This Agreement, together with the Schedules attached hereto and the Collateral Agreements, constitutes the entire agreement and complete understanding between Contractor and Owner with respect to the subject matter described herein and therein and supersedes all other understandings and agreements between the Parties with respect to such subject matter. required for the performance of the Work. Reference to such standard specifications, manuals, or codes of any technical society, organization or association, or to the code of any governmental authority, whether such references be specific or by implication, shall mean the latest standard specification, manual or code (whether or not specifically incorporated by reference in the contract documents). Any material representation made by Contractor herein shall have been false or misleading in any material respect when made; or 13.1.5 Failure to Achieve Mechanical Completion. On the Effective Date, Contractor shall obtain and deliver a guarantee from ��[Name of parent firm or other Guarantor]��. �Construction Commencement Date� shall have the meaning assigned to it in Section 10.1. I.1 Maximizing the potential benefits of a free trade agreement 123 I.2 Available World Bank Group support to maximize the potential benefits of AfCFTA 125 Figures O.1 Real income gains, by country and policy reform 4 O.2 Evolution of extreme and moderate … A Letter of Intent (LOI) is a short non-binding contract that precedes a binding agreement, such as a share purchase agreement or asset purchase agreement ( definitive agreements. It was formed in 1913, with the objective of promoting the interests of consulting engineering firms globally. The PPP team, within the World Bank Group’s Infrastructure Vice Presidency, is working with other development partners on the updated edition, expected to be released during summer 2019. Except as expressly stated in this Agreement, there are no third party beneficiaries to this Agreement. Projects. The Parties shall use their good faith efforts to finalize the Traffic Control Plan no later than 60 days following the date of this Agreement. 4.11 Construction Office; Records. Notwithstanding the foregoing, Contractor�s obligations under Section 5.4.3 shall continue until the date that is 7 years after the Final Completion Date and Contractor�s obligations under Section 11.8 shall continue until the expiration of the applicable Subcontractor warranty periods pursuant to Section 11.8. �Final Completion Date� shall mean the date Final Completion occurs. Such Acceptance Tests shall be conducted by one or more qualified independent testing companies approved by the Parties (the �Testing Engineer�). �Payment Period� shall have the meaning assigned to it in Section 9.1.1.1. ( Third-party legal liability claims against Contractor arising from its operations and the operations of Subcontractors with such protection extended to provide comprehensive coverage, including personal injury, completed operations, explosion and collapse hazard, and underground hazard. �Guaranteed Mechanical Completion Date� described in Section 11.4 shall mean __[Insert Date]_____, as such date may be extended by any Force Majeure condition, but not later than ___[Insert Date]________. If such insurance can be obtained at reasonable cost, Owner shall procure such insurance at its expense; provided, however, that such OCIP expenses shall be deemed to be included in the Guaranteed Maximum Price unless the expense of such OCIP, including without limitation premium cost and administration expense, exceeds the amounts budgeted for the corresponding insurance coverages in the estimated Project budget. If Owner requests an Addendum or a Change Order to address solely Owner�s needs, including without limitation changes to address aesthetic or design requirements, and such Addendum or Change Order is approvable under Section 8.3 above and approved by Contractor, but increases the Cost of the Work, then Owner shall bear the entire incremental Cost of the Work (including costs of delays and rework) resulting from such Addendum or Change Order. 5.2.3 Reasonably cooperate with Contractor and provide any other assistance reasonably necessary to enable Contractor to perform the Work as required hereunder. To avail, we must provide the Bank ’ s anticorruption strategy unveiled... Streamlined and simplified processes, and not of collection individual alleged to have the assigned! A legal document and provides someone an authority to act on other person ’ s anticorruption strategy unveiled. 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