III. Special Conditions of Contract Lump-Sum Contract 95

Upon successful commissioning of the complete system successful commissioning of the 30% of Contract Price for Phase III only of Contract Price for complete system Phase III only Upon successful Go-Live of the complete system successful Go-Live of the 50% of Contract Price for Phase III only of Contract Price for complete system Phase III only Upon successful Operational Acceptance of the complete system by the Client successful Operational Acceptance 20% of Contract Price for of the complete system by the Client Phase III only IMPORTANT: In the event there are no responsive bids to the procurement exercise that would be conducted by the Client at the end of Phase I, the Client reserves its full rights to choose, without any prejudice or liability to any party, whether: (i) To request the Consultant to review the bidding document, Request for Proposal and detailed technical specifications at no additional cost to the Client in view of a re-tendering exercise OR (ii) Not to go ahead with Phase II and Phase III. In the event there are no responsive bids to the procurement exercise that would be conducted by the Client at the end of Phase I, the Client reserves its full rights to choose, without any prejudice or liability to any party, whether: (i) To request the Consultant to review the bidding document, Request for Proposal and detailed technical specifications at no additional cost to the Client in view of a re-tendering exercise OR (ii) Not to go ahead with Phase II and Phase III.
Upon successful commissioning of the complete system	30% of Contract Price for Phase III only
Upon successful Go-Live of the complete system	50% of Contract Price for Phase III only
Upon successful Operational Acceptance of the complete system by the Client	Upon successful commissioning of the complete system successful commissioning of the 30% of Contract Price for Phase III only of Contract Price for complete system Phase III only Upon successful Go-Live of the complete system successful Go-Live of the 50% of Contract Price for Phase III only of Contract Price for complete system Phase III only Upon successful Operational Acceptance of the complete system by the Client successful Operational Acceptance 20% of Contract Price for of the complete system by the Client Phase III only IMPORTANT: In the event there are no responsive bids to the procurement exercise that would be conducted by the Client at the end of Phase I, the Client reserves its full rights to choose, without any prejudice or liability to any party, whether: (i) To request the Consultant to review the bidding document, Request for Proposal and detailed technical specifications at no additional cost to the Client in view of a re-tendering exercise OR (ii) Not to go ahead with Phase II and Phase III. In the event there are no responsive bids to the procurement exercise that would be conducted by the Client at the end of Phase I, the Client reserves its full rights to choose, without any prejudice or liability to any party, whether: (i) To request the Consultant to review the bidding document, Request for Proposal and detailed technical specifications at no additional cost to the Client in view of a re-tendering exercise OR (ii) Not to go ahead with Phase II and Phase III. 20% of Contract Price for Phase III only
IMPORTANT: In the event there are no responsive bids to the procurement exercise that would be conducted by the Client at the end of Phase I, the Client reserves its full rights to choose, without any prejudice or liability to any party, whether: (i) To request the Consultant to review the bidding document, Request for Proposal and detailed technical specifications at no additional cost to the Client in view of a re-tendering exercise OR (ii) Not to go ahead with Phase II and Phase III.
6.5	The interest rate is: [insert rate].