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PLANT CONSTRUCTION CONTRACT

PLANT CONSTRUCTION CONTRACT

  article 16-suspension

  1. the owner shall have the right to instruct the contractor to suspend any part or the whole of the works at any time upon giving written notice to the contractor provided that any period of suspension exceeding days shall be treated as termination under article.

  2. if the owner fails to make any payment to the contractor under this contract within days of the due date, or if the contractor is otherwise interrupted or delayed in the performance of the works due to the owner''s contractual default, the contractor shall be entitled to suspend performance of this contract.

  3. in the event of suspension of the works in accordance with this article the contractor shall be entitled to receive such reasonable additional payment as may be necessary to compensate for the additional costs arising out of such suspension, interruption or delay and such reasonable extension of time for performance of contract.

  article 17-termination

  1. in the event of suspension in accordance with article lasting for a period of more than  days either party shall have the right to give notice to the other party of the immediate termination of this contract.

  2. the owner may at any time by written order to the contractor order the contractor to cease further execution of the works, and the contractor shall upon receipt of a termination order, cease all further work on the site other than such work thereon as the engineer may instruct for the purpose of protecting, making safe or tidying up such parts of the works as may already have been executed or be in course of erection. the contractor shall, as soon as practicable after receipt of the termination order, also cease all such further work as is being done off the site in the performance of this contract.

  3. upon termination of this contract under this article and under article, the contractor shall be entitled to be paid:

  a. that part of the contract price which is proportionate to engineering and services carried out, and

  b. that part of the contract price which is proportionate to the plantcompleted but not delivered.

  article 18-force majeure

  1. no party to this contract shall be liable to the other party for any failure of or delay in performance of its obligations hereof nor be deemed to be in breach of this contract, if such failure or delay has arisen from'force majeure.'

  2. 'force majeure' means circumstances and conditions beyond the control of either parties, that would render it impossible for either the owner or the contractor to fulfill their obligations under this contract, or delay such fulfillment. any of the following matters are considered 'force majeure.'

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