Supplier. A 10% percentage is used under normal circumstances] If required, the Performance Security shall be in the form of : GCC 18.3 [insert “a Demand or Performance Guarantee” ”a Bond”] If required, the Performance security shall be denominated in [insert “a freely convertible currency acceptable to the or the Purchaser” “ currencies of payment of the Contract, in accordance with their portions of the Contract Price”] GCC 18.4 Discharge of the Performance Security shall take place: [ insert date if different from the one indicated in sub clause GCC 18.4] GCC19.1 The registration and other certification necessary to prove registration in country is registration Purchaser’s [insert: details of and other certification necessary to prove registration in country.] Purchaser’s The Effective Date of the Contract is GCC19.2 [insert: date of Contract signing if EITHER: (i) the Goods have already been registered at the time of Contracting signing OR (ii) registration of the Goods is not a requirement under the Applicable Law. Otherwise, delete and insert “NOT USED.”] GCC19.3 The time period shall be days. [insert: a number greater than 30] [If not used, delete and insert ] “NOT USED.” GCC 23.2 The packing, marking and documentation within and outside the packages shall be: [insert in detail the type of packing required, the markings in the packing and all documentation required] GCC 24.1 The insurance coverage shall be as specified in the Incoterms. If not in accordance with Incoterms, insurance shall be as follows: [insert specific insurance provisions agreed upon, including coverage, currency an amount] GCC 25.1 Responsibility for transportation of the Goods shall be as specified in the Incoterms. If not in accordance with Incoterms, responsibility for transportations shall be as follows: [insert Supplier is required under the Contract “The to transport the Goods to a specified place of final destination within the country, defined as the Project Site, transport to such place Purchaser’s of destination in the country, including insurance and Purchaser’s storage, as shall be specified in the Contract, shall be arranged by the Supplier, and related costs shall be included in the Contract or Price”; any other agreed upon trade terms (specify the respective responsibilities of the Purchaser and the Supplier)]
Supplier. A 10% percentage is used under normal circumstances] GCC 18.3 If required, the Performance Security shall be in the form of : [insert “a Demand Guarantee” or ”a Performance Bond”] If required, the Performance security shall be denominated in [insert “a freely convertible currency acceptable to the Purchaser” or “ the currencies of payment of the Contract, in accordance with their portions of the Contract Price”] GCC 18.4 Discharge of the Performance Security shall take place: [ insert date if different from the one indicated in sub clause GCC 18.4] GCC19.1 The registration and other certification necessary to prove registration in Purchaser’s country is [insert: details of registration and other certification necessary to prove registration in Purchaser’s country.] GCC19.2 The Effective Date of the Contract is [insert: date of Contract signing if EITHER: (i) the Goods have already been registered at the time of Contracting signing OR (ii) registration of the Goods is not a requirement under the Applicable Law. Otherwise, delete and insert “NOT USED.”] GCC19.3 The time period shall be [insert: a number greater than 30] days. [If not used, delete and insert “NOT USED.” ] GCC 23.2 The packing, marking and documentation within and outside the packages shall be: [insert in detail the type of packing required, the markings in the packing and all documentation required] GCC 24.1 The insurance coverage shall be as specified in the Incoterms. If not in accordance with Incoterms, insurance shall be as follows: [insert specific insurance provisions agreed upon, including coverage, currency an amount] GCC 25.1 Responsibility for transportation of the Goods shall be as specified in the Incoterms. If not in accordance with Incoterms, responsibility for transportations shall be as follows: [insert “The Supplier is required under the Contract to transport the Goods to a specified place of final destination within the Purchaser’s country, defined as the Project Site, transport to such place of destination in the Purchaser’s country, including insurance and storage, as shall be specified in the Contract, shall be arranged by the Supplier, and related costs shall be included in the Contract Price”; or any other agreed upon trade terms (specify the respective responsibilities of the Purchaser and the Supplier)]
Health_Sector_Goods-EN-1July14.docx