Professional Documents
Culture Documents
RECITALS
WHEREAS:
1.
The GSIS will hold its Information Technology Officers Conference from September
17 to 18, 2015, hereinafter, the PROGRAM.
2.
The SERVICE PROVIDER has the facilities/venue that can accommodate and meet
the requirements of the PROGRAM.
NOW, THEREFORE, for and in consideration of the foregoing premises, the parties have
agreed and stipulated as follows:
1.
c.
d.
2.
Undertakings of the GSIS. The general undertakings of the GSIS shall be as follows:
a.
b.
c.
Assign a point person who will coordinate with the SERVICE PROVIDER on
administrative matters.
Provide the information of the participants, details on the room assignments and
meal preferences; and
Settle all obligations incurred by the GSIS for this PROGRAM.
3.
Contract Price. The GSIS shall pay the agreed Contract Price of One Hundred Forty
Eight Thousand Three Hundred Seventy Five Pesos (148,375.00), to cover the cost of
accommodation, meals, venue, logistical needs and other inclusions provided by the
SERVICE PROVIDER for the PROGRAM in accordance with the Terms of
Reference (TOR) and the SERVICE PROVIDERs Proposal. All applicable taxes,
including Documentary Stamp Tax (DST), if any, shall be borne by the SERVICE
PROVIDER.
4.
5.
Release of Payment. Full payment of the Contract Price shall be made through
corporate check payable to the SERVICE PROVIDER within forty five (45) calendar
days after GSIS receipt of the SERVICE PROVIDERs complete and appropriate
billing documents.
6.
7.
Buffer Allowance and Overflow. The SERVICE PROVIDER must allow a 10%
buffer from the minimum guaranteed number of guests stated in the TOR for reasonable
overflow.
8.
Breach or Default. Either party may pre-terminate this Contract when the other party
fails to perform its obligations under this Contract and if the breach is remediable, fails
to remedy such breach within three (3) days from written notice without prejudice to
any right to exercise remedies under the law or equity.
9.
Payment in Case of Cancellation. GSIS shall have the right to cancel or postpone its
reservation, without incurring any cost, prior to the Confirmation of Reservation. In
case of cancellation or postponement after the Confirmation of Reservation, the GSIS
shall pay the SERVICE PROVIDER for the reasonable costs it has incurred which in
no case shall be more that 25% of the Contract Price, unless such cancellation or
postponement was due to acts, omissions or breach of the SERVICE PROVIDER or
force majeure.
10.
11.
Venue of Action. Any and all actions arising from this Contract which any party may
institute, shall be brought exclusively before the proper court in the City of Pasay.
12.
Effectivity. This Contract shall take effect upon the signing hereof and shall remain
valid until satisfactorily complied within the current year unless otherwise preterminated for cause.
IN WITNESS WHEREOF, the parties have duly executed this Contract on the date and place
first above written.
GOVERNMENT SERVICE
INSURANCE SYSTEM
By:
By:
____________________
MARLON EUSEBIO L. MENDOZA
Vice President
IT Infrastructure Office
____________________
RAFAEL C. BUENO, JR.
President
____________________
RAQUEL MARASIGAN
Director of Sales and Marketing
____________________
CHARMAINE P. BOLISTA
Sales Account Manager
WINFRED V. MANLULU
SO III, BASSAD
ACKNOWLEDGMENT
BEFORE ME, a Notary Public for and in the City of ______________, this ____ day
of _____________2015, personally appeared:
Name
MARLON EUSEBIO L. MENDOZA
Passport No.
Date/Place of Issue
EC4374408
June 10,
2015/Manila
_____________
________________