BITS Sample Clauses

BITS. The Contractor shall supply all coring bits at his cost. If, in the Principal’s Representative opinion, a core bit wears out or is damaged due to formation conditions before it has achieved a total of 100 m, cumulatively, then this bit shall be to the cost of the Principal. The Contractor shall be responsible for choosing the type and quantity of bits to stock at Lihir. Unless otherwise approved by the Principal’s Representative, the Contractor shall, for safety reasons, core the uppermost section (30 -50 metres) of each hole using an HQ core bit and then open out to the specified diameter (refer Figure 2 of Appendix A). Below the shoe of the first cemented in casing string, the Contractor may use a core bit with a diameter equal to the hole diameter specified in Figure 2. Alternatively, the Contractor may core with the core bit size specified in Figure 2 and open up to the required diameter. In all cases, the Contractor shall be responsible for the coring penetration rate, coring efficiency and blow out safety. The Contractor shall furnish the Principal’s Representative with details of the bits he proposes to use and the overall rate of making each hole size.
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