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Precondition in a Contract Agreement Form

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Precondition in a Contract Agreement Form

Post by engrjhez® on Sat Feb 26, 2011 5:07 pm

Is there any violation in modifying the Contract Agreement form as prescribed by the GPPB? particularly adding a clause:

5. It is a precondition to the acceptance of this Contract Agreement by the Supplier that in the event there is a finding of overpricing in this transaction, the said supplier may be held liable to the payment of the excess to the <Procuring Entity>.

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