The Contract of LPG Pipeline installation Project
The
Contract of LPG Pipeline installation Project
08 March, 2006
Party
A: Sunlight
Garden Residential Complex of Zunyi Yangguangda Real Estate
Development
Co
Ltd
Party
B: Zunyi
Jiahong Liquefied Petroleum Gas Co Ltd
Through
friendly negotiations, both parties have reached an agreement on the
installation of LPG pipeline system project. Consequently, the contract is
to be
signed herewith to make each party’s obligations and responsibilities clear to
enable mutual abidance by the contracted clauses realized.
| 1) |
The
Contract Object
|
Party
B
will provide Party A’s 70 households with design, installation and construction
of pipeline LPG supply. The LPG supplying system includes: the system of
pipeline network, the interior-house-system and indoor facilities (excluding
gas
appliance) as well as other matching parts with the pipeline. Each household
will be charged RMB1,900 for betaking the system, which makes the grand amount
of the total charges be RMB133,000 ( Capitalized saying: Chinese RMB One Hundred
and Thirty-three Thousand Yuan Only ).
| 2) |
The
Payment
|
Party
A
will pay Party B 20% against the total amount of the contract after Party B
has
been to the project site working for 7 days and the rest of pending amount
will
be paid one time up after completion of the project on or after 30 July,
2006.
Party
A
has to make basic working conditions ready and inform Party B to make itself
be
available in the construction site. However, Party B has to complete the
building-up of the project within 60 days after entering into the working site
and to switch on the system working after passing the examinations jointly
presided by both government department in charge of LPG safety with Party
A.
| 3) |
The
Obligations for Both Parties
|
| A) |
Party
A’s Obligation
|
| a) |
To
effect payment in favor of Party B for what is stipulated in this contract
to pay in due course.
|
| b) |
To
assign responsible persons helping Party B to educate the households
to
follow “Users’ Handbook for Safely Using LPG Pipeline” and to protect
facilities of this LPG pipeline.
|
| c) |
Party
A should cooperate with Party B to keep Party B working in reasonably
good
conditions for the construction. Party B is supposed to be given proper
extension from the deadline of project completion provided the
construction action is delayed by the
changes
|
Unexpectedly
occur to the project site.
| d) |
The
pipeline system is regarded as a matching part to Party A’s buildings and
Party A should assist Party B applies for the formalities of public
utilities registration. The application fees have to be borne by Party
B.
|
| B) |
Party
B’s Obligations
|
| a) |
Assign
professional superintendents to directly exercise quality surveillance
in
the whole course of the construction.
|
| b) |
To
guarantee the due progress for building-up of system and the quality
of
the project. To hand over the system only after succeeded in having
passed
examinations presided by government department in charge of gas safety
as
per “The Standards on Examination and Takeover for Gas Construction
Project”.
|
| c) |
To
be responsible for applying for approval for the project and also for
examinations and
|
Takeover
for the project completion and pay all the fees and charges for the items
mentioned.
d)
Party
B will also be responsible for keeping one-year warranty period for the
facilities and appliance which are taken over after the completion of the
project and passing the examinations on the quality of the system that is proved
being qualified for starting gas use.
e)
Party
B must spread “Users’ Handbook for Safely Using LPG Pipeline” among the
household users before handing over the system advising the common sense of
using the system as well as other safety points.
f)
Party
B promises that it will remain being responsible for installing the pipeline
facilities for the households who do not get included in the contract and charge
them at the same rate of RMB1,900 per household as initiation installing
charges.
g)
Party
B promises that it will supply LPG for the households at the standard price
approved by Zunyi Pricing Supervision Bureau and sign the contract of supplying
LPG with the users.
h)
To be
available in the construction site, Party B must comply with relevant working
site safety regulations and any violation against regulations in operation
is
strictly forbidden. Otherwise, Party B will be held fully responsible for any
safety accident happened in working site.
4)
Breach
Responsibilities
A)
Party
A
Party
A
has to pay one the 10th
against
the total amount of this contract as penal sum if it
fails
to
execute the contract or fails to pay what is regulated to pay about as per
the
contract.
| C) |
Party
B
|
| a) |
Unless
meeting Force Majeure, Party B, if fails to complete the project as
per
the set schedule, has to pay RMB1,000 per day for each delayed day
as a
make-up for Party A’s loss.
|
| b) |
Party
B will be held fully responsible and pay for the total loss caused
by the
accident because of improper design or quality problem with Party B’s
installation for the system but it’s free from the responsibility for the
accident caused by users’ improper using of
the
|
system.
| 4) |
Unmentioned
Matters
|
For
those
possible unmentioned matters, if any occurs, both parties have to negotiate
about accordingly when necessary.
| 5) |
Effectiveness
|
The
contract is made in form of two originals and either party keeps one of them
equally. It becomes effective as soon as both parties put their signatures
and
stamps on it.
Party
A ( Zunyi Yangguangda Real Estate Development Co Ltd ):
Party
B ( Zunyi Jiahong LPG Co Ltd ):
