AGREEMENT

BEING MUTUALLY AGREED UPON THE FOLLOWING TERMS & CONDITIONS THE 1ST AND 2ND
PARTY (OWNER & USER) OF THE GEN SET RESPECTIVELY ASSENTED TO SIGN THIS AGREEMENT
AT EACH PARTY FREE AND FARE CONSENT TO BE COMPLIED METICULOUSLY.

1ST PARTY (OWNER)

M/S WESTERN MARINE SERVICES LTD.

HBFC BUILDING
1/D, AGRABAD C/A,
CHITTAGONG, BANGLADESH
EMAIL: wms@bbts.net
TEL: 880-31-726579 / 712177
FAX: 880-31-720248
2ND PARTY
..
THE 1ST PARTY WILL LET OUT A GEN SET WITH CABLE [APPROX 05 MTR] AND THE 2ND PARTY
WILL USE FOR A PERIOD OF 5 TO 7 DAYS BY QUALIFIED ENGINEER ON BOARD THE VESSEL IS
AS PER FOLLOWING TERMS & CONDITIONS.
GEN SET SPECIFICATIONS:
ENGINE

CUMMINS or Equivalent
POWER: 50 +/- 10 KVA
FULL LOAD RPM: 1800

ALTERNATOR

RPM 1800, 60HZ, 440V

RATING: 50KVA, PF 0.8

STARTING

SELF STARTER

CABLE & CIRCUIT BREAKER: STANDARD LENGTH [APPX. 05 MTR] GOOD QUALITY 3 PHASE CABLE
35RM WITH CIRCUIT BREAKER.
TERMS & CONDITIONS
A] RENT RATE Tk 15,000/ DAY
2ND PARTY WILL PAY TO THE 1ST PARTY @ tk15,000 / DAY AS RENT FOR USING THE GEN SET
WITH CABLE.
B] DELIVERY
DELIVERY OF THE GEN SET WILL BE FROM OUR WORKSHOP, BANDAR, SALT GOLA,
CHITTAGONG. RENTAL TIME WILL BE COUNTED FROM THE DAY GEN SET DELIVERED ON
BOARD. (ANY BROKEN/PARTIAL DAY WILL BE COUNTED AS A FULL DAY.)
C]

NOTICE: - 1/2 DAYS NOTICE REQUIRED MAKING DELIVERY.

CONTD # PAGE 02

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D] DELIVERY / RECEIVING CHARGES:
FOR DELIVERY / RECEIVING OF GENSET TO 2nd PARTY PLACE FROM 1ST PARTY WORKSHOP &
VICE VERSA, TK. 14,000ONLY AS CHARGE HAVE TO BE PAID BY 2ND PARTY.
E] INSTALLATION
GENSET CAN BE SUPPLIED AND INSTALL ON BOARD AT ANY CONVENIENT PLACE WITH OUT
ANY CHARGE, BUT 2ND PARTY REQUIRED TO PREPARE THE POINT TO INSTALL THE GENSET
AT ANY CONVENIENT PLACE .
F]

MAINTENANCE
ALL RUNNING FUEL / LUBE OIL AND OTHER ACCESSORIES ON 2ND PARTIES ACCOUNTS

G] RECEIVING TIME
GEN SET CONSIDERD RECEIVED WHEN IT HANDED OVER IN GOOD CONDITION TO 1ST PARTY
WITHOUT DAMAGE.
F]

PAYMENT
RENT IS TO BE PAID EVERY 7 DAYS @ tk15, 000/DAY IN ADVANCE W.E.F. AT THE TIME OF
SIGNING THE CONTRACT.
GENSET TO BE DELIVERED BACK BY THE 2ND PARTY (USER) TO THE 1ST PARTY (OWNER), AS
GOOD RUNNING CONDITION WITHOUT ANY DAMAGE

I] BALANCE PAYMENT
ALL PAYMENT IS TO BE MADE AT THE TIME OF REDELIVERY OF THE GEN SET.
ALL THE TERMS & CONDITION AS NARRATED ABOVE WILL BE FOLLOWED BY BOTH THE
PARTYS ACCORDINGLY.
J] COMPENSATION
ANY DAMAGE / ACCIDENT DURING USE ON BOARD, ENTIRE COMPENSATION WILL BE AT 2ND
PARTIES ACCOUNT OR FULL GEN SET PRICE TO BE PAID TO 1ST PARTY (Tk. 500,000 only).

1ST PARTY

2ND PARTY

SIGNATURE

SIGNATURE

FOR: WESTERN MARINE SERVICES LTD.

FOR:

SEAL

SEAL

WITNESS:

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