Common use of Installation and Commissioning of OWNER Furnished Equipment Clause in Contracts

Installation and Commissioning of OWNER Furnished Equipment. The BUILDER is required to deliver to the BUYER a complete fully functioning drilling unit that meets all of the provisions of this Contract and the Specifications. All equipment shall be installed in the VESSEL and fully commissioned and tested by the BUILDER according to the requirements of this Contract, the Specifications and the manufacturers of all of the OFE and the BUILDER Furnished Equipment ("BFE"). The OFE and BFE shall be installed by the BUILDER no later than the times called for in the Construction Schedule. The Construction Schedule shall be agreed between the BUILDER and the BUYER as called for in the Contract and shall be structured such that there is sufficient time after installation of all equipment for hook up, commissioning and testing. The BUILDER shall be responsible for arranging and conducting all hook up, commissioning and testing activities. Notwithstanding the provisions of this Paragraph, it is recognized that the BUYER has specific responsibility for the following: o To arrange for and pay for the attendance during hook up, commissioning and testing activities of the appropriate manufacturers representatives. o To work with the BUILDER during the development of the commissioning and testing plan and schedule. o To provide on site resources during hook up, testing and commissioning activities to assist the BUILDER particularly with equipment with which he is not familiar. It is also specifically recognized that non-performance of OFE after it has been properly installed and tested according to the manufacturers recommendations and the agreed Construction Schedule shall not be grounds for the assertion by the BUYER of default by the BUILDER.

Installation and Commissioning of OWNER Furnished Equipment. The BUILDER is required to deliver to the BUYER a complete fully functioning drilling unit that meets all of the provisions of this Contract and the Specifications. All equipment shall be installed in the VESSEL and fully commissioned and tested by the BUILDER according to the requirements of this Contract, the Specifications and the manufacturers of all of the OFE and the BUILDER Furnished Equipment ("BFE"). The OFE and BFE shall be installed by the BUILDER no later than the times called for in the Construction Schedule. The Construction Schedule shall be agreed between the BUILDER and the BUYER as called for in the Contract and shall be structured such that there is sufficient time after installation of all equipment for hook up, commissioning and testing. The BUILDER shall be responsible for arranging and conducting all hook up, commissioning and testing activities. Notwithstanding the provisions of this Paragraph, it is recognized that the BUYER has specific responsibility for the following: o O To arrange for and pay for the attendance during hook up, commissioning and testing activities of the appropriate manufacturers representatives. o O To work with the BUILDER during the development of the commissioning and testing plan and schedule. o O To provide on site resources during hook up, testing and commissioning activities to assist the BUILDER particularly with equipment with which he is not familiar. It is also specifically recognized that non-performance of OFE after it has been properly installed and tested according to the manufacturers recommendations and the agreed Construction Schedule shall not be grounds for the assertion by the BUYER of default by the BUILDER.