EFFECT OF HOLIDAY. 6.1 If a Vendor/ Supplier/Contractor/ Consultant is put on Holiday, such Vendor/ Supplier/Contractor/ Consultant should not be considered in ongoing tenders/future tenders. 6.2 However, if such Vendor/ Supplier/Contractor/ Consultant is already executing any other order/ contract and their performance is satisfactory in terms of the relevant contract, should be allowed to continue till its completion without any further increase in scope except those incidental to original scope mentioned in the contract. In such a case CPBG will not be forfeited and payment will be made as per provisions of concerned contract. However, this would be without prejudice to other terms and conditions of the contract.
Appears in 10 contracts
Samples: Joint Venture Agreement, Joint Venture Agreement, Joint Venture Agreement
EFFECT OF HOLIDAY. 6.1 If a Vendor/ Supplier/Contractor/ Consultant is put on Holiday, such Vendor/ Supplier/Contractor/ Contractor/Consultant should not be considered in ongoing tenderstendering process/future tenders.
6.2 However, if such Vendor/ Supplier/Contractor/ Consultant is already executing any other order/ contract and their performance is satisfactory in terms of the relevant contract, should be allowed to continue till its completion without any further increase in scope except those incidental to original scope mentioned in the contract. In such a case CPBG CPBG/CPS will not be forfeited and payment will be made as per provisions of concerned contractContract. However, this would be without prejudice to other terms and conditions of the contractContract.
Appears in 4 contracts
Samples: Procurement Agreement, E Tender Document, Tender Agreement
