Document Fragment View

Matching Fragments

No payment to the supplier shall be released unless the said Performance Security has been submitted to the Purchaser.

18.0 WARRANTY AND DEFECT LIABILITY PERIOD (General Condition).

18.1 The supplier warrants that the Goods supplied under this Contract are new, unused, of the most recent or current models and incorporate all recent improvements in design and materials unless provided otherwise in the contract. The Supplier further warrants that the Goods supplied under this Contract shall have no defect arising from design, materials or workmanship or from any act or omission of the Supplier, that may develop under normal use of the supplied goods.

18.2 The supplier understands and agrees as under:

that the Goods including spares to be supplied under the Contract, are required specifically for incorporation into the Facility.
that the goods shall therefore, perform as an integral part of the Facilities.
that, in view of Purchaser having to warranty the Facility referred as Defect Liability Period free from defects in design, materials, engineering and workmanship for a period of forty-two (42) months from the date of CIF delivery of the last consignment or 36 months from the date of operational acceptance whichever is earlier.