Common use of Form of Contract Clause in Contracts

Form of Contract. a. The successful bidder shall sign and execute the standard contract of PSDF including any general conditions on the terms and conditions specified therein. Any amendment to the standard contract shall be made with the mutual consent of both parties. b. The successful bidder shall sign a contract and shall provide the agreed services within the stipulated time agreed in the contract. c. The duration of the contract shall be 1-year, however, it can be extendable for another term with the mutual consent of both the parties. d. If PSDF cancel the contract during the contract period, a notice period of 1 month shall apply. e. In case of any dispute arises regarding the services, the decision of the PSDF shall be considered final & binding. f. Failure to comply with any terms and conditions in the tender document and contract given out to the successful bidder could incur imposition of penalties as spelled out later in the contract. g. All the payments will be done on post monthly basis, after verification of satisfactory services by the IT team of PSDF. h. All taxes will be deducted in accordance with the applicable laws. i. The bid shall remain valid for the period of 120 days from the date of bid opening.

Appears in 1 contract

Samples: Network Maintenance & Support Service Level Agreement (Sla)

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Form of Contract. a. The successful bidder shall sign and execute the standard contract of PSDF (tentative Draft attached as annex-I) including any general conditions on the terms and conditions specified therein. Any amendment to the standard contract shall be made with the mutual consent of both parties. b. The successful bidder shall sign a contract and shall provide the agreed services within the stipulated time agreed in the contract. c. The duration of the contract shall be 1-year, ; however, it can be extendable for another term other terms with the mutual consent of both the parties. d. If PSDF cancel the contract during the contract period, a notice period of 1 month shall apply. e. In case of any dispute arises regarding the services, the decision of the PSDF shall be considered final & binding. f. Failure to comply with any terms and conditions in the tender document and contract given out to the successful bidder could incur imposition of penalties as spelled out later in the contract. g. All the payments will be done on post monthly basis, after verification of satisfactory services by the IT admin team of PSDFPSDF based on actual services rendered. h. All taxes will be deducted in accordance with the applicable laws. i. The bid shall remain valid for the period of 120 days from the date of bid opening.

Appears in 1 contract

Samples: Data Center Maintenance & Support Service Level Agreement (Sla)

Form of Contract. a. The successful bidder shall sign and execute the standard contract of PSDF (tentative Draft attached as annex-I) including any general conditions on the terms and conditions specified therein. Any amendment to the standard contract shall be made with the mutual consent of both parties. b. The successful bidder shall sign a contract and shall provide the agreed services within the stipulated time agreed in the contract. c. The duration of the contract shall be 1-year, ; however, it can be extendable for another term with the mutual consent of both the parties. d. If PSDF cancel the contract during the contract period, a notice period of 1 month shall apply. e. In case of any dispute arises regarding the services, the decision of the PSDF shall be considered final & binding. f. Failure to comply with any terms and conditions in the tender document and contract given out to the successful bidder could incur imposition of penalties as spelled out later in the contract. g. All the payments will be done on post monthly basis, after verification of satisfactory services by the IT admin team of PSDFPSDF based on actual services rendered. h. All taxes will be deducted in accordance with the applicable laws. i. The bid shall remain valid for the period of 120 days from the date of bid opening.

Appears in 1 contract

Samples: Service Level Agreement (Sla)

Form of Contract. a. The successful bidder shall sign and execute the standard contract of PSDF including any general conditions on the terms and conditions specified therein. Any amendment to the standard contract shall be made with the mutual consent of both parties. b. The successful bidder shall sign a contract and shall provide the agreed services within the stipulated time agreed in the contract. c. The duration of the contract shall be 1-year, ; however, it can be extendable for another term with the mutual consent of both the parties. d. If PSDF cancel the contract during the contract period, a notice period of 1 month shall apply. e. In case of any dispute arises regarding the services, the decision of the PSDF shall be considered final & binding. f. Failure to comply with any terms and conditions in the tender document and contract given out to the successful bidder could incur imposition of penalties as spelled out later in the contract. g. All the payments will be done on post monthly basis, after verification of satisfactory services by the IT team of PSDF. h. All taxes will be deducted in accordance with the applicable laws. i. The bid shall remain valid for the period of 120 days from the date of bid opening.

Appears in 1 contract

Samples: Network Maintenance & Support Service Level Agreement (Sla)

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Form of Contract. a. The successful bidder shall sign and execute the standard contract of PSDF (tentative Draft attached as annex I) including any general conditions on the terms and conditions specified therein. Any amendment to the standard contract shall be made with the mutual consent of both parties. b. The successful bidder shall sign a contract and shall provide the agreed services within the stipulated time agreed in the contract. c. The duration of the contract shall be 1-year, ; however, it can be extendable for another term with the mutual consent of both the parties. d. If PSDF cancel the contract during the contract period, a notice period of 1 month shall apply. e. In case of any dispute arises regarding the services, the decision of the PSDF shall be considered final & binding. f. Failure to comply with any terms and conditions in the tender document and contract given out to the successful bidder could incur imposition of penalties as spelled out later in the contract. g. All the payments will be done on post monthly in arrears basis, after verification of satisfactory services by the IT team of PSDFPSDF based on actual services rendered. h. All taxes will be deducted in accordance with the applicable laws. i. The bid shall remain valid for the period of 120 days from the date of bid opening.

Appears in 1 contract

Samples: Service Level Agreement (Sla)

Form of Contract. a. The successful bidder shall sign and execute the standard contract of PSDF (tentative Draft attached as annex-I) including any general conditions on the terms and conditions specified therein. Any amendment to the standard contract shall be made with the mutual consent of both parties. b. The successful bidder shall sign a contract and shall provide the agreed services within the stipulated time agreed in the contract. c. The duration of the contract shall be 1-year, ; however, it can be extendable for another term other terms with the mutual consent of both the parties. d. If PSDF cancel the contract during the contract period, a notice period of 1 month shall apply. e. In case of any dispute arises regarding the services, the decision of the PSDF shall be considered final & binding. f. Failure to comply with any terms and conditions in the tender document and contract given out to the successful bidder could incur imposition of penalties as spelled out later in the contract. g. All the payments will be done on post monthly basis, after verification of satisfactory services by the IT team of PSDF. h. All taxes will be deducted in accordance with the applicable laws. i. h. The bid shall remain valid for the period of 120 days from the date of bid opening.

Appears in 1 contract

Samples: Data Center Maintenance & Support Service Level Agreement (Sla)

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