Performance-Based Operation and Maintenance Contract for Wastewater Services in the City of Saida, Lebanon

The contract was issued on a specific date and is effective from the date of execution by both parties. The term of the contract is five years, unless terminated earlier or extended in accordance with the agreement. The contract requires the contractor to provide wastewater services within the scope of services outlined in Schedule A. The contractor must guarantee that it will attain performance standards in relation to the provision of services, as specified in the contract. The contractor is also responsible for providing transition assistance after the expiry or termination of the contract, if requested by SLWE. The contract specifies that SLWE will pay the contractor a quarterly operating fee, which will be reduced by any target withheld sum calculated in accordance with Schedule B. The monthly retention sums withheld in respect of any contract year will not exceed the relevant amounts stated in Schedule B. The quarterly operating fee will be paid by SLWE to the contractor at the times, subject to, and in accordance with, the contract conditions. The contract also requires SLWE to provide the contractor with access to the facilities on and from the effective date, in accordance with the contract conditions. The contractor must take out and maintain insurances, as specified in the contract conditions. The contractor must also deliver to SLWE a valid and enforceable security, issued by a financial institution acceptable to SLWE, in the amount equal to the value of the advance payment and ten percent of the total contract price. The contract specifies that neither SLWE nor the contractor shall assign or charge the contract or any part thereof, or any right, benefit, obligation, or interest therein or thereunder, without the express prior written consent of the other party. The aggregate liability of the contractor to SLWE is limited as set out in the contract conditions. The contract shall be governed and interpreted in accordance with the laws of the Lebanese Republic, and the governing language of the contract shall be English. Any dispute between the parties relating to the contract shall be resolved in accordance with the procedure specified in the contract conditions. The contract was executed by the authorized representatives of SLWE and the contractor on the date first above written. The contract outlines the terms and conditions of the agreement between SLWE and the contractor, including the scope of services, payment terms, and dispute resolution procedures. The contract is a performance-based operation and maintenance contract, which means that the contractor's remuneration is tied to its performance in providing wastewater services. The contract specifies that the contractor must guarantee that it will attain performance standards in relation to the provision of services, as specified in the contract. The contractor's performance will be monitored and evaluated, and its remuneration will be adjusted accordingly. The contract outlines the terms and conditions of the agreement between SLWE and the contractor, including the scope of services, payment terms, and dispute resolution procedures. The contract is a performance-based operation and maintenance contract, which means that the contractor's remuneration is tied to its performance in providing wastewater services.