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This Contract Performance Agreement
This Contract Performance Agreement
BETWEEN
The Federal Ministry of Finance, Budget & National Planning
acting through the FGN-NIMECC Projects Implementation
Committee (PIC)
AND
Prepared by:
Phillip Francis, Esq.
Airbridge Solicitors & Advisory
Services,
36 Birao Street,off Yalinga Street,
Wuse 2,Abuja.
philip@airbridgesolicitors.com
BETWEEN
The Federal Ministry of Finance, Budget & National Planning acting through the FGN-
NIMECC Projects Implementation Committee (PIC), a committee under the statutory
agency of the Federal Government with its principal place of business at Central Business
Area, P.M.B 251 Ahmadu Bello Way, Garki, Abuja, Nigeria (Hereinafter referred to as “
The Ministry” which expression shall where the context so admits, include its Agents,
Representatives and Assigns of the one part
AND
KOROMCHES ENGINEERING SERVICE LIMITED, a Private Limited Liability
company incorporated under the Companies and Allied Matters Act, (Rc 740620), 2020 (as
amended), Laws of the Federal Republic of Nigeria with its principal place of business at No.
1, Mofole Street, Off Aminu Kano Crescent, Wuse 2, Abuja (Hereinafter referred to as “The
Contractor” which expression shall where the context so admits, include its Agents,
Representatives and Assigns of the other part
DEFINITIONS
WHEREAS
i. The Ministry through the Director, FGN/NIMEC-WEF Projects desires to engage the
contractor for the provision of solar (alternative) energy facilities and specific
renovation/face-lifting of the main bowl of Ona Abaji’s Palace, Federal Capital
Territory
ii. Subsequent to previous meetings, discussions and various correspondences
between parties, the Contractor Party accepts and agrees to execute the Project.
5. RELATIONSHIP OF PARTIES
6. EXPENSES
6.1. The Contractor shall be solely responsible for all expenses related to
providing the construction under this Agreement. This shall include but
not limited to supplies, equipment, operating costs, business costs,
employment costs, taxes and rates, insurance and any other cost that may
or may not be in connection with the services provided by the Contractor.
6.2. The Ministry shall not reimburse the Contract for any and all-out-of-
pocket business expenses incurred by the Contractor in furtherance of the
performance of the contract.
7. CONFIDENTIALITY
7.1. IT IS AGREED THAT, during such Contract Period, the Contractor may
be exposed to confidential and proprietary information but not limited to
products, processes, technologies, innovative concepts, information,
processing capabilities, and information which may be personal and other
valuable personal identity information designated as confidential expressly
or by the circumstances in which it is provided (collectively “Confidential
Information”). Confidential Information does not include (i) information
already known or independently developed by the recipient; (ii)
information in the public domain through no wrongful act of the recipient,
or (iii) information received by the recipient from a third party who was
free to disclose it; (iv) information disclosed to a third party by the owner
without restriction. It is agreed that Confidential Information shall not be
revealed or disclosed to any third party at any time. Each party receiving
Confidential Information hereby agrees that it shall not use, commercialize
or disclose such Confidential Information to any person or entity, except to
the individuals having a “need to know” (and who are themselves bound
by similar nondisclosure restrictions).
8. TERMINATION
8.3. either party then may terminate this agreement by providing 30 days
advance written notice, which notices shall not be provided until at least
30 days after the execution date of this agreement.
9. INTELLECTUAL PROPERTY
9.1. The Contractor shall retain all rights to pre-existing ideas, processes,
procedures, and materials used by the Contractor in developing or
providing products and/or services to the Contracting Client. the
Consultant further warrants that the Intellectual Property and products the
Consultant will produce, shall be original and shall not infringe any third
party’s patents, trademarks, trade secrets, copyrights or other proprietary
rights.
11. INDEMNIFICATION
11.1. To the fullest extent permitted by law, Contractor shall indemnify the
Ministry, hold it harmless, and defend and protect it from and against any
and all loss, damage, liability, judgment, claim, cost or expense
(specifically including reasonable attorneys’ fees and other costs and
expenses of investigation and defence), of any sort, resulting from injury
or damage of any sort to any person or entity, arising out of or in
connection with contract performance under this Agreement, including the
performance of any other party for whom Contractor is responsible
13. SEVERABILITY
14.1. Neither party shall be liable for any failure to perform under this Agreement
when such failure is due to causes beyond that party’s reasonable control,
including, but not limited to, acts of state or governmental authorities, acts of
terrorism, natural catastrophe, fire, storm, flood, earthquakes, accident, strikes,
and prolonged shortage of energy.
14.2. In the event of such delay, the date of delivery or time for completion shall be
extended by a time reasonably necessary to overcome the effect of any such
delay.
15.1. This Agreement constitutes the entire agreement between the Parties
concerning the subject matter hereof and supersedes any/all prior agreements
and negotiations between the parties with respect hereto
___________________ ___________________
DIRECTOR SECRETARY
SIGNED, SEALED AND DELIVERED BY THE WITHIN NAMED FEDERAL
MINISTRY OF FINANCE, BUDGET & NATIONAL PLANNING ACTING
THROUGH THE DIRECTOR, FGN-NIMECC PROJECTS IMPLEMENTATION
COMMITTEE (PIC)
___________________
THE DIRECTOR, FGN-NIMECC PROJECTS IMPLEMENTATION COMMITTEE (PIC)
NAME: _______________________________________
ADDRESS: ____________________________________
OCCUPATION:________________________________
SIGNATURE: _________________________________
DATE: _______________________________________
NAME: _______________________________________
ADDRESS: ____________________________________
OCCUPATION:________________________________
SIGNATURE: _________________________________
DATE: _______________________________________
BEFORE ME