Article 3. Schedule of Delivery

1. The working drawings shall be sent to the Customer within ... months from the date of signing the Contract according to the construction schedule agreed upon between the Supplier and the Customer.

2. The handing over of the last lot of the working drawings shall be com­plete six months before completion of the deliveries of the equipment, steel structures, refractories, pipes and materials. Dispatch of the draw­ings shall be made in separate lot by air-mail.

The date of the postal receipt for the dispatch of each lot of the work­ing drawings from Russia shall be considered as the date of their dis­patch to the Customer.

Article 4. Contract Price

1. The cost of preparation of the working drawings to be carried out by the Supplier amounts to ... .

2. This amount covers the expenses on sending Russian specialists for designer's supervision as well.

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Article 6. Terms of Payment

1. Payment for the preparation of the working drawings shall be effected under the credit granted by the Russian side to the Customer accord­ing to the Agreement of... for Economic and Technical Cooperation.

2. To effect payments the Customer shall establish through their Minis­try of Finance the Letter of Authority with the Bank ... of Russia in favour of the Supplier.

The Letter of Authority shall be established by the Customer for the total cost of the preparation of the working drawings including design supervision. It shall be valid within the period of validity of the present Contract.

5.3. Payments shall be effected in nine instalments in the following man­ ner:

1. the first instalment of... shall be paid within 30 days from the date of signing the Contract;

2. the following seven (7) instalments of... each shall be paid at 3-month intervals after the payment of the first instalment;

3. the last instalment of ... shall be paid after the completion of supply of the drawings.

4. The Supplier shall forward by air-mail one copy of the invoice to the Customer directly.

5. In case of any delay in payment on the part of the Customer the Sup­plier reserves the right to delay handing over the working drawings or postpone the date of handing over the documentation.

6. For each week of delay in payments the Customer shall pay to the Supplier a penalty at the rate of... per cent of the amount of the previ­ous payments.

Article 6. Other Terms

6.1. The technical documentation handed over to the Customer should be used only for the construction of the project within the Customer's country and should not be published or translated to any person, orga­nization of any third country without the Supplier's written consent.

Supplier... Customer...

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hereinafter adv ниже, в дальней­шем

to the effect that следующего со­держания

cooling pond охладительный пруд

sludge settling tanks шлаковые от­стойники

in conformity with в соответст­вии с

refractory n огнеупор

pipe n труба

furnish v снабжать, предоставлять

intermediate а промежуточный

dispatch n отправка

postal receipt почтовая квитанция

supervision n руководство, наблю­дение

to effect payment производить пла­теж

grant v давать, предоставлять

instalment n взнос, часть

reserve v сохранять за собой, огова­ривать (право)

postpone v отсрочить

penalty п штраф, штрафная неус­тойка

at the rate of в размере

UNIT3

DELIVERY OF EQUIPMENT (GOODS)

A.

TEXT

Delivery of equipment and goods takes an important place in technical assistance in constructing different projects and in carrying out other busi­ness transactions.

The amount of deliveries is determined by the parties concerned, depend­ing on the project and on the Customer's (Purchaser's) readiness to supply part of the equipment (goods).

The following gives some idea as to how deliveries can be carried out; in this case, for example, with regard to the construction of a plant.

A contract is signed, the Supplier's design organizations prepare the DPR (Detailed Project Report) and the Supplier submits it to the Customer for consideration and approval.

After the approval of the DPR both parties make the division of supplies based on the specifications prepared by the Supplier for the full range of equipment.

They agree about which party will be responsible for which deliveries.

As a result a Protocol of Division of Supplies is signed.

On the basis of this document the Supplier works out a Draft Contract for the supply of equipment they are responsible for.

After consideration of the Draft the Supplier and the Customer (the par­ties concerned) discuss the terms and conditions of the Contract.

B.