draft letter of agreement

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FORM OF AGREEMENT This Agreement made this day of Octob er 2010 betwee n Bangal ore Limit ed (ML) of Bangalore (hereinafter called “the Employer”), represented by The Chief Operating Officer, ML, Bangalore of the one part and LTT Limited of Pune (hereinafter called “the Contractor”) of the other part. Whereas the Employer is desirous that certain works should be executed by the Contractor, viz “Design , supply, erection, testing , trail run, commissionin g and operation of 5MGD capacity Ultra filtration based Tertiary Treatment Plant ( TTP ) at Nagar STP on EPC basi s”(Contra ct Package No.:ML /TTP/09 -10/PKG-EPC-I) ,for Bangal ore Proj ect  (he rei naf ter cal led “t he Wor ks” ) and has acc ept ed a Propos al by the Contractor for the execution and completion of such Works and the remedying of any defects therein at a cost of Rs. _______ (Indian Rupees __________________ only) (hereinafter called "the Contract Sum").  Now this Agreement witnesseth as follows: 1. In thi s Agre ement words and expr essions shal l have the same meaning as are respectivel y assigned to them in the Con ditions of Contract hereinafter referred to. 2. The following doc uments shall be deemed to form and be read and cons tr ued as part of  this Agreement, viz.: Qualification Proposal A. Invitation for Proposals B. Particulars of Tender C. Bidding Data D. Forms of Proposal 3 Price Proposal Section 1: Instruction s to Bidd ers Sec ti on 2: Ge ne ral Co nd it ions of Con trac t Section 3: Contract Data Section 4: Special Specifications Se ct io n 5: Form of Pr ic e Proposa l and Bi d Sec ur it y Section 6: Compone nt -wise Br ea ku p of cos t Section 7: Sa mple Forms of Acc eptance and Agre ement Sec ti on 8: Sa mpl e Forms of Sec ur iti es Section 9: Cha pter o n Taxes & Du ties Section 10: Drawings Pre-bid notes and Clarification Issued Bid Submitted by M/s LTT Limited Correspondence with M/s LTT post Opening of Technical Bid upto the date of signing of this contract agreement

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Page 1: Draft letter of agreement

8/7/2019 Draft letter of agreement

http://slidepdf.com/reader/full/draft-letter-of-agreement 1/2

FORM OF AGREEMENT

This Agreement made this day of October 2010 between Bangalore Limited (ML) of 

Bangalore (hereinafter called “the Employer”), represented by The Chief Operating Officer, ML,

Bangalore of the one part and LTT Limited of Pune (hereinafter called “the Contractor”) of the

other part.

Whereas the Employer is desirous that certain works should be executed by the Contractor, viz“Design , supply, erection, testing , trail run, commissioning and operationof 5MGD capacity Ultra filtration based Tertiary Treatment Plant ( TTP ) at

Nagar STP on EPC basis”(Contract Package No.:ML/TTP/09-10/PKG-EPC-I),for 

Bangalore Project  (hereinafter called “the Works”) and has accepted a Proposal by theContractor for the execution and completion of such Works and the remedying of any defects

therein at a cost of Rs. _______ (Indian Rupees __________________ only) (hereinafter called

"the Contract Sum").

 Now this Agreement witnesseth as follows:

1. In this Agreement words and expressions shall have the same meaning as are respectivelyassigned to them in the Conditions of Contract hereinafter referred to.

2. The following documents shall be deemed to form and be read and construed as part of 

this Agreement, viz.:

Qualification Proposal

A. Invitation for Proposals

B. Particulars of Tender C. Bidding Data

D. Forms of Proposal

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Price Proposal

Section 1: Instructions to Bidders

Section 2: General Conditions of Contract

Section 3: Contract DataSection 4: Special Specifications

Section 5: Form of Price Proposal and Bid Security

Section 6: Component-wise Breakup of cost

Section 7: Sample Forms of Acceptance and Agreement

Section 8: Sample Forms of SecuritiesSection 9: Chapter on Taxes & Duties

Section 10: Drawings

Pre-bid notes and Clarification Issued

Bid Submitted by M/s LTT Limited

Correspondence with M/s LTT post Opening of Technical Bid upto the date of 

signing of this contract agreement

Page 2: Draft letter of agreement

8/7/2019 Draft letter of agreement

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Revised price proposal submitted by M/s LTT Limited

Letter of Intent issued by M/s ML

3. In consideration of the payments to be made by the Employer to the Contractor as

hereinafter mentioned, the Contractor hereby covenants with the Employer to execute and

complete the Works and remedy any defects therein in conformity in all respects with the provisions of the Contract.

4. The Employer hereby covenants to pay the Contractor in consideration of the execution

and completion of the Works and the remedying of defects therein the Contract Price or suchother sum as may become payable under the provisions of the Contract at the times and in the

manner prescribed by the Contract.

In Witness whereof the parties hereto have caused this Agreement to be executed the day and

year first before written.

Signed, Sealed and Delivered by thesaid in the presence of:

Binding Signature of Contractor 

(Seal)

Binding Signature of Employer 

(Seal)

Witnesses

1.

2.