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The project design, the construction location, the completion date, the price and payments, the performance guarantees, and the applicable law are the primary clauses of a turnkey contract.
Each construction contract needs to include a clause outlining your payment terms. More specifically, the contract should specify how much the client will pay and when the payments will be due. If the project is ongoing, the payment terms clause should specify how often payment is due.
What are the types of contracts in Turkey? Contracts are essentially divided into three sections: Civil contracts: This is the subject of a public civil obligation, such as will and gift. Commercial contracts: What matters to order or transaction, such as sale, purchase, real estate, supply.
The project design, the construction location, the completion date, the price and payments, the performance guarantees, and the applicable law are the primary clauses of a turnkey contract.
At least three elements are present in turnkey contracts: The contractor's design of the facility. ... Insofar as it relates to the finished works, the technical component?such as patents, know-how, etc. ... The contractor's duties can include providing supplies, construction and .
A licensing agreement is a contract between two parties (the licensor and licensee) in which the licensor grants the licensee the right to use the brand name, trademark, patented technology, or ability to produce and sell goods owned by the licensor.
A Turnkey contract is typically a construction contract under which a contractor is employed to plan, design and build a project or an infrastructure and do any other necessary development to make it functional or 'ready to use' at an agreed price and by a fixed date.