GENERAL CONDITIONS OF CONTRACT Definitions The following terms shall be interpreted as indicated: time” means the date and hour specified in the bidding “Closing documents for the receipt of Bids. means the written agreement entered into between the “Contract” purchaser and the supplier, as recorded in the contract form signed by the parties, including all attachments and appendices thereto and all documents incorporated by reference therein. price” means the price payable to the supplier under the “Contract contract for the full and proper performance of his contractual obligations. practice” means the offering, giving, receiving, or soliciting of “Corrupt anything of value to influence the action of a public official in the procurement process or in contract execution. "Countervailing duties" are imposed in cases where an enterprise abroad is subsidized by its government and encouraged to market its products internationally. of origin” means the place where the goods were mined, grown “Country or produced or from which the services are supplied. Goods are produced when, through manufacturing, processing or substantial and major assembly of components, a commercially recognized new product results that is substantially different in basic characteristics or in purpose or utility from its components. means calendar day. “Day” means delivery in compliance of the conditions of the contract “Delivery” or order. ex stock” means immediate delivery directly from stock “Delivery actually on hand. into consignees store or to his site” means delivered and “Delivery unloaded in the specified or depot or on the specified site in compliance with the conditions of the contract or order, the supplier bearing all risks and charges involved until the supplies are so delivered and a valid receipt is obtained.
GENERAL CONDITIONS OF CONTRACT Definitions The following terms shall be interpreted as indicated: “Closing time” means the date and hour specified in the bidding documents for the receipt of Bids. “Contract” means the written agreement entered into between the purchaser and the supplier, as recorded in the contract form signed by the parties, including all attachments and appendices thereto and all documents incorporated by reference therein. “Contract price” means the price payable to the supplier under the contract for the full and proper performance of his contractual obligations. “Corrupt practice” means the offering, giving, receiving, or soliciting of anything of value to influence the action of a public official in the procurement process or in contract execution. "Countervailing duties" are imposed in cases where an enterprise abroad is subsidized by its government and encouraged to market its products internationally. “Country of origin” means the place where the goods were mined, grown or produced or from which the services are supplied. Goods are produced when, through manufacturing, processing or substantial and major assembly of components, a commercially recognized new product results that is substantially different in basic characteristics or in purpose or utility from its components. “Day” means calendar day. “Delivery” means delivery in compliance of the conditions of the contract or order. “Delivery ex stock” means immediate delivery directly from stock actually on hand. “Delivery into consignees store or to his site” means delivered and unloaded in the specified or depot or on the specified site in compliance with the conditions of the contract or order, the supplier bearing all risks and charges involved until the supplies are so delivered and a valid receipt is obtained.
RFQ_1408248(1).docx