Wednesday 21 April 2010

Guide to Preparation of Memorandum of Agreement for Subcontract Works

Guide to Preparation of Memorandum of Agreement for Subcontract Works;

The guide is based on an actual agreement between two international consultant for a civil engineering project.

The important clause covered in the Agreement are as follows:

Date of the Agreement.
Definition and Interpretation
Scope of Services.
Execution of Service.
Duration of Agreement
Change Order
Invoicing Procedure
Warranty
Laws and Regulation
Liability and Indemnity
Insurance
Termination
Assignment
Performance Bond
Taxes.

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