Sub-Clause 15.5 Employer’s Entitlement to Termination for Convenience The following inserted at the end of the first paragraph: to avoid “or a termination of the Contract by the Contractor under Clause 16.2 [Termination by Contractor]”. Further, in the second paragraph reference to 19.6 [ Optional Termination, Payment “Sub-Clause and Release]” is changed to Clause 16.4 [ Payment on “Sub- Termination]” Sub-Clause 15.6 Fraud and Corruption The following new Sub-Clause added: Bank requires “The compliance with the Bank’s Anti-Corruption Guidelines and its prevailing sanctions policies and procedures as set forth in the WBG’s Sanctions Framework, as set forth in Appendix B to these General Conditions.” Sub-Clause 16.1 Work Contractor’s Entitlement to Suspend The following paragraph added after the first paragraph: the above, if the Bank has suspended “Notwithstanding disbursements under the loan or credit from which payments to the Contractor are being made, in whole or in part, for the execution of the Works, and no alternative funds are available as provided for in Sub-Clause 2.4 [Employer’s Financial Arrangements], the Contractor may by notice suspend work or reduce the rate of work at any time, but not less than 7 days after the Borrower having received the suspension notification from the Bank.” Sub-Clause 16.2 Termination by Contractor Replace (d) with: Employer substantially fails to perform his “the obligations under the Contract in such manner as to materially and adversely affect the economic balance of the Contract and/or the ability of the Contractor to perform the Contract,” Further, the is deleted at the end of sub-paragraph (f), and the “or” following is added as a new sub-paragraph (h): Contractor “the does not receive the Engineer’s instruction recording the agreement of both Parties on the fulfilment of the conditions for the Commencement of Works under Sub-Clause 8.1 [Commencement of Works]. the event the Bank The following is as penultimate paragraph: “In suspends the loan or credit from which part or whole of the payments to the Contractor are being made, if the Contractor has not received the sums due to him upon expiration of the 14 days referred to in Sub-Clause 14.7 [Payment] for payments under
Sub-Clause 15.5 Employer’s Entitlement to Termination for Convenience The following inserted at the end of the first paragraph: “or to avoid a termination of the Contract by the Contractor under Clause 16.2 [Termination by Contractor]”. Further, in the second paragraph reference to “Sub-Clause 19.6 [ Optional Termination, Payment and Release]” is changed to “Sub- Clause 16.4 [ Payment on Termination]” Sub-Clause 15.6 Fraud and Corruption The following new Sub-Clause added: “The Bank requires compliance with the Bank’s Anti-Corruption Guidelines and its prevailing sanctions policies and procedures as set forth in the WBG’s Sanctions Framework, as set forth in Appendix B to these General Conditions.” Sub-Clause 16.1 Contractor’s Entitlement to Suspend Work The following paragraph added after the first paragraph: “Notwithstanding the above, if the Bank has suspended disbursements under the loan or credit from which payments to the Contractor are being made, in whole or in part, for the execution of the Works, and no alternative funds are available as provided for in Sub-Clause 2.4 [Employer’s Financial Arrangements], the Contractor may by notice suspend work or reduce the rate of work at any time, but not less than 7 days after the Borrower having received the suspension notification from the Bank.” Sub-Clause 16.2 Termination by Contractor Replace (d) with: “the Employer substantially fails to perform his obligations under the Contract in such manner as to materially and adversely affect the economic balance of the Contract and/or the ability of the Contractor to perform the Contract,” Further, the “or” is deleted at the end of sub-paragraph (f), and the following is added as a new sub-paragraph (h): “the Contractor does not receive the Engineer’s instruction recording the agreement of both Parties on the fulfilment of the conditions for the Commencement of Works under Sub-Clause 8.1 [Commencement of Works]. The following is as penultimate paragraph: “In the event the Bank suspends the loan or credit from which part or whole of the payments to the Contractor are being made, if the Contractor has not received the sums due to him upon expiration of the 14 days referred to in Sub-Clause 14.7 [Payment] for payments under
SPD-Request-for-Proposal-Works-Design-Build-single-stage-Sep-2018.docx