Expenses quaid e azam wind park will not reimburse

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Expenses Quaid-e-Azam Wind Park will not reimburse for any out-of-pocket expenses. Term This SOW will become effective on the date first written above, and will continue in effect until all the Procurement has been completed and paid for, or until this SOW is terminated by means set forth in the Agreement. Negotiation – both parties sit and resolve the claim through mutual understanding and compromise Khan , By:__________________________________
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________________________________, General Partner Quaid-e-Azam Wind Park By:__________________________________ Type Of Contract To Be Used : Firm Fixed Price Contract is being used between the Quaid-e-Azam Wind Park and because the budget for the Project Power Generation from the Wind Energy Available During Movement of Train is pre-decided between both the parties. The allocated budget 200 Million and the Vendor have to complete the Procurement within the allocated budget and time. Vendor Management: After the contract is awarded, the project team tracks the performance of the contractor against performance criteria in the contract and his or her contribution to the performance of the project. Contractors have to deliver the product or service that meets the quality expectations and supports the project schedule . Contract Approval Process: Contract will be approved by the following person Name Designation Signature Date Kashif Nawaz Project Manager Khan Vendor Representative Procurement Constraints: 1. Material:
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In the case of political instability, shortage of material is our major constraint which may delay the overall project duration. 2. Cost: Procurement must be within the allocated budget. Fixed penalties and Incentive. The Vendor will be penalized 10 percent for not achieving the 99 percent availability. The Vendor will be award with Incentive of 10 percent for achieving the 99 percent availability. Outsourcing Incentive and Penalty The problem must be detected and properly communicated. The problem management and escalation procedures need to be activated in a timely manner. The root-cause analysis process must be completed, demonstrating that the enterprise is not responsible. The application of exception clauses must be excluded. Formal communication must be issued and accepted. When negotiating penalty or incentive clauses. The definition and the measurement of service faults that can trigger penalties How the penalty must be computed, communicated and paid The overall process that starts with one or more service violation and ends with a penalty accepted by the provider (that is, service level, service management process and contract) The overall processes that span multiple violations and penalties until a contract breach and, if appropriate, a damage request results.
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