Page 238 - Energi Persada

In case of any conflict among contract terms, priority shall be given in the

following order: mandatory governmental regulations, specification and
standards; relevant bidding requirements proposed by the Employer in related
EPC contract; specifications and data sheet of the Solar Panel, Inverter, Cable,
Structure & Accessories, technical specification for PLTS; industrial
specifications and standards.

1.1.4. Scope of work :

Party A. Responsible for supply material include but alot, limited to Solar Panel,
Inverter, Cable, Structure and Accessories.

Party B. Responsible for Procurement, Installation and commissioning PLTS.
Including my value consumable and power power required for work following
drawing Appointed bay Party A.

1.2 Settlement and payment of supplies

1.2.1 Terms of payment:

After signing of contract, Party B shall proceed supplier drawing design as per
technical requirement supplied by Party A within 2 weeks, and submit the
drawing design to Party A for approval. After signing the contract, Party B shall
submit invoice and VAT invoice, advance payment guarantees and performance
guarantee of the required payment amount to Party A within 10 calendar days.
Party A shall pay 25% down payment of the contract amount within 10 days upon
receipt of the invoice (certification) submitted by Party B and the advance
payment from the owner. Party A shall pay 65% of the contract amount in manner
of monthly on-site construction progress settlement, after the final test completed
and acceptance obtained, 5% payment shall be paid, the remaining 5% as a
warranty guarantee, which shall be paid immediately after Party B submitted the
warranty guarantee ( equal with 5 % of the contract amount, validity period 6
month ) After the drawings submitted by Party B have been approved by Party
A and the advance payment has already been paid by Party A to Party B, then the
contract come into force.

1.2.2 Party A shall pay Party B the contract amount in installments by telegraphic
transfer within 30 days after receipt of formal invoice, VAT invoice and valid
bank account provided by Party B.

1.2.3 (Optional)

1.2.4 Invoice issuance