Common use of BOARDING AND LODGING Clause in Contracts

BOARDING AND LODGING. Contractor agrees to have the provision for keeping 15(fifteen) Operator and/or its third party personnel on board the Drilling Unit and Operator would pay @US$ 15 (United States Dollars Fifteen only) per day per person for boarding & lodging. In case a person does not stay overnight on Drilling Unit and takes only meal(s), then US$ 6 (United States Dollars six only) shall be payable for individual meal In case, the bidder quotes their rates in any other currency other than US Dollars, the Boarding and Lodging charges shall be converted to the currency quoted, at the closing B.C. Selling market Rate of exchange declared by SBI on the day prior to the opening of price bid/revised price bid, if any.

Appears in 4 contracts

Samples: Model Contract, Model Contract, Model Contract

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