Method of accounting for sales or service agreements where completion requires an extended period. Contract A formal written statement of the rights and obligations of each party to a transaction. Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory...
Is it a common approach in Vietnam to split EPC-contracts in on- and offshore parts to mitigate tax risks? The Foreign Contractor Withholding Tax (FCWT) is applicable to foreign business organizations doing business in Vietnam, or earning income in Vietnam under contracts, agreements or...
Except as the parties may have otherwise agreed forTurnkey Services, as set forth in this Agreement or in other agreements of the parties, Customer will be responsible for furnishing the following items (as required by the conditions of the particular installation or other on-site Service, herein...
Define Turnkey power. Turnkey power synonyms, Turnkey power pronunciation, Turnkey power translation, English dictionary definition of Turnkey power. n. pl. turn·keys The keeper of the keys in a prison; a jailer. adj. 1. Supplied, installed, or purchase
If you are taking construction bids for a turnkey contract project it is a good idea to have a maximum budget written into the agreement. This will really help protect your investment, as few developers want to pay the excess from their own pocket!
On a turnkey basis, Contractor shall perform, furnish, be responsible for, and, except for such equipment purchase agreements or purchase orders for which Contractor is acting as Owner’s agent, pay the cost of, all of the Work, including all services, labor, Equipment and Materials and ...
BWCC is a union contractor and is signator to agreements with national trade organizations. Such affiliation provides ready access to a trained, pre-screened and talented pool of field labor. Our long and successful history with local, regional and national labor gives BWCC the ability to assess ...
and interconnection agreements at no cost to the Chamber. The Chamber will become signatory on applications, permits, and utility agreements only where necessary. The selected proposer will complete and submit all ...