Professional Documents
Culture Documents
SCHEDULE "A"
30621127/00
32.2
32.1.2
32.1.3
The value of the Bank Guarantees will be reduced at the end of the
warranty period of relevant PROJECT PORTION(S) by an amount
equal to five percent (5%) of the CONTRACT Price of the relevant
PROJECT PORTIONeS).
32.1.4
CONTRACTOR shall ensure that its Commercial Registration (CR) or License is valid
throughout the entire duration of the CONTRACT and any extension(s) thereof. In the
event that its CR or License expires during the duration of the CONTRACT and any
extension(s) thereof, CONTRACTOR shall submit to COMPANY a copy of its application
form or proof for renewal prior to the expiration of its CR or License and shall submit
its new or renewed CR or License Within forty-five (45) calendar days after the
expiration of its previous CR or License. Failure by CONTRACTOR to submit such
A-59
Conversion of Open Cycle Gas Turbines to Combined Cycle at Qurayyah Power Plant
Schedule '~A"