AGREEMENT

Acknowledge
THIS AGREEMENT MADE ON . B E T W E E N DELHI
TRANSCO LIMITED having its registered oi!e at Sha"ti Sadan# $ot%a Road# Ne& De%hi ' (()
))* +hereinater reerred to a ,OWNER- or DTL &hi!h e./ression sha%% in!%0de its
ad1inistrators# s0!!essors# e.e!0tors and /er1itted assigns2 on one /art and
M/s .. having its oi!e at .
Delhi- +hereinater reerred to as the ,Contra!tor- &hi!h e./ression sha%% in!%0de its
ad1inistrators# s0!!essors# e.e!0tors and /er1itted assigns2 on the other /art.
WHEREAS DTL desiro0s o getting the &or" e.e!0ted has invited tender or 3 against
its tender no. .
AND WHEREAS M/s ..had /arti!i/ated in the a4ove reerred
4idding vide their /ro/osa% and DTL a!!e/ted their aoresaid /ro/osa% and a&arded the !ontra!t
to M/s ... on ter1s and !onditions !ontained in its LOA5LOI No
dated.. and the do!01ents reerred
to therein res0%ting into a ,CONTRACT-.
NOW THEREFORE THIS DEED WITNESSETH AS UNDER :
1. A!ti"les
1.1 AWARD OF #ONTRA#T
DTL has a&ard the !ontra!t to M/s . or the &or" o 3

. $ on the ter1s and !onditions !ontained in its LOA5LOI No.

.. ..dated and the do!01ents reerred to therein.
The a&ard has ta"en ee!t ro1 date o iss0an!e o order5LOI. The ter1s 6 e./ressions 0sed in
this Agree1ent sha%% have the sa1e 1eaning as are assigned to the1 in the ,Contra!t
Do!01ents- reerred to in the s0!!eeding Arti!%e.
%. #ONTRA#T DO#UMENTS
*.( The !ontra!t sha%% 4e /eror1ed stri!t%7 as /er the ter1s and !onditions sti/0%ated herein and
in the o%%o&ing do!01ents atta!hed here&ith +hereinater reerred to a ,Contra!t Do!01ents-2.
+i2 DTL-s Bidding Do!01ents in res/e!t o a4ove said &or" vide tender no..
!onsisting o invitation to Bid# Instr0!tions to Bidders# Genera% Ter1s 6 Conditions o Contra!t#
s/e!ia% !onditions o Contra!t and a%% other se!tions entit%ed ,Conditions o Contra!t-.
+ii2 M/s .. in its /ro/osa% a!!e/ted a%% ter1s and !onditions a%ong
&ith Bid /ro/osa% sheets# data re80ire1ents# /a71ent ter1s and &or" s!hed0%es .
+iii2 DTL LOA5LOI No. .. dated . d0%7
a!!e/ted 47 M/s .
A%% the aoresaid !ontra!t do!01ents sha%% or1 an integra% /art o this Agree1ent# in so ar as
the sa1e or an7 /art thereo !onor1 to the Bid Do!01ents and &hat has 4een s/e!ii!a%%7
agreed to 47 the o&ner in its %etter o A&ard. An7 1atter in!onsistent there&ith !ontrar7 or
re/0gnant thereto or an7 deviations ta"en 47 the !ontra!tor in its ,9ro/osa%- 40t not agreed to
s/e!ii!a%%7 47 the O&ner in the its %etter o a&ard sha%% 4e dee1ed to have 4een &ithdra&n 47
the !ontra!tor. :or the sa"e o 4revit7# this agree1ent a%ong &ith its aoresaid !ontra!t
do!01ents sha%% 4e reerred to as the ,Agree1ent-.
&. #ONDITIONS OF #ON'ENANTS
;.( The s!o/e o !ontra!t# !onsideration# ter1s o /a71ent# /ri!e ad<0st1ent# ta.es &herever
a//%i!a4%e# ins0ran!e# %i80idated da1ages# /eror1an!e g0arantee and a%% other ter1s and
!onditions are !ontained in DTL-s LOI5LOA no. ..
dated . Read in !on<0n!tion &ith other aoresaid !onta!t do!01ents. The !onta!t
sha%% 4e d0%7 /eror1ed 47 the Contra!tor stri!t%7 and aith0%%7 in a!!ordan!e &ith the ter1s o
the Agree1ent.
;.* The s!o/e o &or" sha%% a%so in!%0de s0//%7 and insta%%ation o a%% s0!h ite1s &hi!h are not
s/e!ii!a%%7 1entioned in the !onta!t do!01ents# 40t &hi!h are needed or s0!!ess0%# ei!ient#
sae and re%ia4%e o/eration o the %ine 0n%ess other&ise s/e!ii!a%%7 e.!%0ded in the s/e!ii!ations
0nder ,e.!%0sions- or %etter o a&ard.
&.& TIME S#HEDU(E
Ti1e is the essen!e o the !ontra!t and !o1/%etion s!hed0%es sha%% 4e stri!t%7 adhered to M/s
... sha%% /eror1 the &or" in a!!ordan!e &ith the agreed
s!hed0%e .
;.= It is e./ress%7 agreed to 47 the Contra!tor that this !ontra!t on sing%e so0r!e res/onsi4i%it7
4asis and the Contra!tor is 4o0nd to /eror1 the tota% Contra!t in its entire%7 and non>
/eror1an!e o an7 /art or /ortion o the Contra!t sha%% 4e dee1ed to 4e a 4rea!h o the entire
Contra!t.
;.? The !ontra!tor g0arantees that the e80i/1ent51ateria% s0//%ied 47 the !ontra!tor sha%% 1eet
the /ara1eters# as sti/0%ated in the Te!hni!a% S/e!ii!ations and in the event o an7 dei!ien!ies
the o&ner 1a7 at its o/tion re<e!t it.
;.@ It is 0rther agreed 47 the !ontra!tor that the se!0rit7 de/osit sha%% in no &a7 !onstr0ed to
%i1it or restri!t the o&ner-s right to re!over the da1ages 5 !o1/ensation d0e to short ' a%% in the
/eror1an!e or 0nder an7 other !%a0se o the Agree1ent. The a1o0nt o da1ages 5
!o1/ensation sha%% 4e re!overa4%e either 47 &a7 o ded0!tion ro1 the !ontra!t /ri!e# se!0rit7
de/osit and 5 or other&ise. The se!0rit7 de/osit 0rnished 47 the !ontra!tor is irrevo!a4%e and 0n>
!onditiona% and the o&ner sha%% have the /o&ers to invo"e it not&ithstanding an7 dis/0te or
dieren!e 4et&een the o&ner and the !ontra!tor /ending 4eore an7 !o0rt# tri40na%# ar4itrator or
an7 other a0thorit7.
;.A This agree1ent !onstit0tes 0%% and !o1/%ete 0nderstandings 4et&een the /arties and ter1s o
the /resents. It sha%% s0/ersede an7 /rior !orres/onden!e# ter1s and !onditions !ontained in the
agree1ent. An7 1odii!ation o the Agree1ent sha%% 4e ee!ted on%7 4e a &ritten instr01ent
signed 47 the a0thoriBed re/resentatives o 4oth the /arties.
) SETT(EMENT OF DIS*UTES
=.( It is s/e!ii!a%%7 agreed 47 the 4et&een the /arties that a%% the dieren!es or dis/0tes arising
o0t o the agree1ent or to0!hing the s04<e!t 1atter o the agree1ent# sha%% 4e de!ided 47 /ro!ess
o sett%e1ent and ar4itration as s/e!iied in the Genera% ter1s 6 Conditions o the !ontra!t and
the /rovisions o the Indian Ar4itration A!t# (C=)# sha%% a//%7 and De%hi Co0rts a%one sha%% have
e.!%0sive <0risdi!tion over the sa1e.
).% NOTI#E OF DEFAU(T
Noti!e o dea0%t given 47 either /art7 to the other /art7 0nder the agree1ent sha%% 4e in &riting
and sha%% 4e dee1ed to have 4een d0%7 and /ro/er%7 served 0/on the /arties hereto. I de%ivered
against a!"no&%edge1ent or 47 te%e. or 47 registered 1ai% &ith a!"no&%edge1ent d0%7
addressed to the signatories at the addresses 1entioned hereina4ove.
IN WITNESS WHEREO:# the /arties thro0gh their d0%7 a0thoriBed re/resentatives have
e.e!0ted these /resents +e.e!0tion &here o has 4een a//roved 47 the !o1/etent a0thorities o
4oth the /arties2 on the da7# 1onth and 7ear irst a4ove 1entioned at Ne& De%hi.
+DTL 2 +CONTRACTOR 2
WITNESS
(. .
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