Turnkey basis means the scheme of supply in which supplier shall be responsible for design, manufacture, supply, site preparation & services, installation and commissioning of equipment, tests and trials, training, maintenance and handing over to the Purchaser for operation. Bidding Procedure/ Evaluation Criteria
Turnkey basis in EMS, means the material procurement and manufacturing of a product are done by the service provider
Turnkey basis means the Scope of Work where upon the effective date of this Contract, CONTRACTOR shall be fully and solely responsible for the survey, design, development, manufacture, delivery, supply, installation, integration and commissioning of the System, and the remedying of any defects, so as to make the System ready for service and the CONTRACTOR shall also do everything necessary as reasonably may be inferred from this Contract as being required of CONTRACTOR to perform all of its obligations under this Contract.
Examples of Turnkey basis in a sentence
KIOCL/20-21/ET/1) for 200,000 TPA DUCTILE IRON SPUNPIPE PLANT (DISP) on Discrete Turnkey basis.
Sub: Rate Contract for Design, Manufacture, Testing, Supply, Installation & Commissioning of Grid connected Rooftop SPV Power Plants of different capacities including five years Comprehensive Maintenance Contract (CMC) on Turnkey basis on Government Buildings anywhere in the state of Jharkhand.
The scope of such projects is large and varied involving number of activities, hence there is a requirement of identifying a single agency capable of completing the project on a Turnkey basis.
This covers coal transport, sand transport, hiring of pay loaders for loading of coal, hiring of HEMM, surface miner, drills, continuous miner, high wall for over burden removal and coal production, Mine Developer & Operator (MDO) contracts, hiring of vehicles, Turnkey basis contracts etc.
Rate must be quoted for all the activities mentioned in the price bid Proforma as the job would be awarded to successful bidder on Turnkey basis.
More Definitions of Turnkey basis
Turnkey basis means PA shall design, have constructed through a general contractor and equip the initial Unit Increment that comprises Phase I in exchange for payment of the Turnkey Cost identified in Section 5.1.3.
Turnkey basis means Contractor shall furnish the equipment, labor, and perform the services as herein provided, to drill a well to the specified depth.
Turnkey basis means Landlord’s completion of the Tenant Improvements.
Turnkey basis means the Contractor takes total responsibility for the design and execution of the project. The Contractor carries out all the Engineering, Procurement and Construction (EPC): providing a fully-equipped facility, ready for operation at the “turn of the key”;
Turnkey basis means Contractor shall furnish the equipment, labor, and perform services as herein provided to drill a well, as specified by Operator, to the Turnkey Depth. Subject to the terms and conditions hereof, payment to Contractor at a stipulated price is earned upon attaining such Turnkey Depth and completion of the other turnkey obligations of Contractor hereunder. While drilling on a Turnkey Basis Contractor shall direct, supervise, and control drilling operations and assumes certain liabilities to the extent specifically provided for herein. Notwithstanding that this is a Turnkey Contract, Contractor and Operator recognize that certain portions of the operations, as hereinafter designated, may be performed on a Daywork Basis. For purposes hereof the term "Daywork Basis" means Contractor shall furnish equipment, labor, and perform services as herein provided, for a specified sum per day under the direction and supervision of Operator (which term is deemed to include any employee, agent, consultant, or subcontractor engaged by Operator to direct drilling operations). When operating on a Daywork Basis, Contractor shall be fully paid at the applicable rates of payment notwithstanding any breach of representation or warranty, either expressed or implied, or the negligence or fault of Contractor, its employees, agents or servants, including sole and/or concurrent negligence, either active or passive, latent defects or unseaworthiness of vessels (whether or not pre-existing), and any theory of tort, breach of contract, or strict liability, including defects or ruin of premises either latent or patent. During daywork operations Contractor assumes only the obligations and liabilities stated herein. Except for such obligations and liabilities specifically assumed by Contractor, Operator shall be solely responsible and assumes liability for all consequences of operations by both parties while on a Daywork Basis, including results and all other risks or liabilities incurred in or incident to such operations. EXCEPT AS OTHERWISE HEREIN PROVIDED, NEITHER PARTY MAKES ANY WARRANTY, EXPRESSED OR IMPLIED, AS TO THE MERCHANTABILITY OR FITNESS OF ANY MATERIALS, SUPPLIES, OR EQUIPMENT FOR ANY PURPOSE. NO WARRANTY OF WORKMANLIKE PERFORMANCE IS GIVEN BY EITHER PARTY BY VIRTUE OF THIS AGREEMENT FOR ANY PERFORMANCE HEREUNDER.
Turnkey basis means the delivery of the Products to the agreed Delivery Point after the performance of all of the following in accordance with this Agreement: purchasing of materials, manufacturing, testing and packaging.
Turnkey basis pursuant to the Scope of Work, upon the effective date of this contract, CONTRACTOR shall be fully and solely responsible for the survey, design, development, manufacture, delivery, supply, installation, integration and Commissioning of the Network, and the remedying of any defects, so as to make the SYSTEM ready for service. CONTRACTOR shall also do everything necessary as reasonably may be inferred from this AGREEMENT as being required of CONTRACTOR to perform all of its obligations under this Agreement.