Common use of Principal Agent Clause in Contracts

Principal Agent. The person or entity appointed by the employer and named in the contract data for organs of state and other public sector bodies. In the event of a principal agent not being appointed, then all the duties and obligations of a principal agent as detailed in the agreement shall be fulfilled by the employer’s representative as named in the contract data for organs of state and other public sector bodies 1 TARGETED SUBCONTRACTORS: Subcontractors that must be appointed to a total of 30% or more of the contract sum, by the contractor, projects with a contract sum of the amount determined by the Minister in terms of the latest Preferential Procurement regulations, as may be amended from time to time. F:........................V:............................T:...................... Item 2 A2.0 LAW, REGULATIONS AND NOTICES Clause 2.0 F:............................. V:............................ T:............................ Item Bill No. 1 Preliminaries

Principal Agent. The person or entity appointed by the employer and named in the contract data for organs of state and other public sector bodies. In the event of a principal agent not being appointed, then all the duties and obligations of a principal agent as detailed in the agreement shall be fulfilled by the employer’s representative as named in the contract data for organs of state and other public sector bodies 1 TARGETED SUBCONTRACTORS: Subcontractors that must be appointed to a total of 30% or more of the contract sum, by the contractor, projects with a contract sum of the amount determined by the Minister in terms of the latest Preferential Procurement regulations, as may be amended from time to time. F:........................V:............................T:...................... Item 2 A2.0 LAW, REGULATIONS AND NOTICES Clause 2.0 F:............................. V:............................ T:............................ Clause 2.0 - Law, regulations and notices F:............................. V:............................ T:............................ Clause 3.0 - ▇▇▇▇▇ and acceptance F:............................. V:............................ T:............................ Clause 4.0 - Cession and assignment F:............................. V:............................ T:............................ Clause 5.0 - Documents F:............................. V:............................ T:............................ Clause 6.0 - Employer's agents Item Bill No. 1 PreliminariesItem Item Item Item Carried to Collection

Principal Agent. The person or entity appointed by the employer and named in the contract data for organs of state and other public sector bodies. In the event of a principal agent not being appointed, then all the duties and obligations of a principal agent as detailed in the agreement shall be fulfilled by the employer’s representative as named in the contract data for organs of state and other public sector bodies 1 TARGETED SUBCONTRACTORS: Subcontractors that must be appointed to a total of 30% or more of the contract sum, by the contractor, projects with a contract sum of the amount determined by the Minister in terms of the latest Preferential Procurement regulations, as may be amended from time to time. F:........................V:............................T:...................... Item 2 A2.0 LAW, REGULATIONS AND NOTICES Clause 2.0 Carried Forward NO Brought Forward F:............................. V:............................ T:............................ Item Bill No. 1 Preliminaries2 Clause 2.0 - Law, regulations and notices F:............................. V:............................ T:............................ Item 3 Clause 3.0 - Offer and acceptance F:............................. V:............................ T:............................ Item 4 Clause 4.0 - Cession and assignment F:............................. V:............................ T:............................ Item

Principal Agent. The person or entity appointed by the employer and named in the contract data for organs of state and other public sector bodies. In the event of a principal agent not being appointed, then all the duties and obligations of a principal agent as detailed in the agreement shall be fulfilled by the employer’s representative as named in the contract data for organs of state and other public sector bodies Carried Forward ▇▇▇▇ ▇▇. 1 Preliminaries Professional Services National Department of Public Works - Gqeberha R R 1/1 1/2 1/3 1/4 Brought Forward TARGETED SUBCONTRACTORS: Subcontractors that must be appointed to a total of 30% or more of the contract sum, by the contractor, projects with a contract sum of the amount determined by the Minister in terms of the latest Preferential Procurement regulations, as may be amended from time to time. F:........................V:............................T:...................... Item 2 A2.0 LAW, REGULATIONS AND NOTICES Clause 2.0 F:............................. V:............................ T:............................ Item Bill No. 1 PreliminariesA3.0