Contractor Framework Agreement means an agreement between the HDV and LLC dated on or around the Effective Date which sets out, amongst other things, the basis on which LLC will be given an opportunity to seek the award of Vertical Works Contracts and Horizontal Works Contracts
Examples of Contractor Framework Agreement in a sentence
Although the exact scope of services of each member of this team still needs to be refined, it is intended that this team will, amongst other things, monitor LL Construction's performance under the Contractor Framework Agreement and under any contracts awarded to LL Construction and provide reports, advice and recommendations and the like to the HDV in relation to the same.
Construction 6.1 The Contractor Framework Agreement sets out the terms on which LL Construction will be given an opportunity to seek the award of contracts for the carrying out of or the management of the carrying out of any construction works procured by the HDV Parties.
Where LL Construction is given the opportunity to seek the award of a contract under the Contractor Framework Agreement but the DevLLP board then subsequently decides to withdraw from the relevant bid process and/or not to award the contract to LL Construction, then there are some circumstances in which the relevant contract is deemed to have been awarded to LL Construction for the purposes of the exclusivity calculations under paragraphs 6.2 and 6.3 above.
For example, once a decision is made to allow LL Construction to seek the award of a contract under the Contractor Framework Agreement, there are protocols which LL Construction has to follow in formulating its offer for the relevant contract.
Unless and until this team is engaged, LL Construction is not entitled to be given the opportunity to seek the award of any contracts under the Contractor Framework Agreement.