WARRANTY
Contractor shall provide the warranty for the workmanships/services after the plant/ equipments start up in steady condition at least one (1) month upon work completion with final acceptance from TTM. The impact from the service shall be under responsible of Contractor.
PENALTY
Late penalties shall be imposed at 2% per day of delay but not exceeding 10% of the contract value.
PAYMENT CONDITION
Progress payment milestones
1st payment of 80% when work completion
2nd payment of 20% when submission of Final Report
CONTRACTOR’S OBLIGATIONS
12.1 Contractor shall have similar work experience and submit the work reference and CV & certificate of key personnel
12.2 TTM reserves the right to reject Personnel/Equipment/Tool/Material and other related supplied by Contractor if they are not qualified or not performed to TTM satisfaction.
12.3 Contractor shall be responsible for its own manpower and shall procure any insurance deemed necessary to cover their employees or workers working for this service.
12.4 The Contractor shall provide all necessary technical information to TTM which may not specify in this scope of work if deem necessary for work completion.
12.5 If the progress of WORK is falling behind schedule, the Contractor shall have no additional cost to TTM
12.6 Contractor shall responses all expense if make any damage of TTM asset and / or property.