Turnkey basis definition

Turnkey basis means the scheme of supply in which supplier shall be responsible for design, manufacture, supply, site preparation & services, installation and commissioning of equipment, tests and trials, training, maintenance and handing over to the Purchaser for operation. Bidding Procedure/ Evaluation Criteria
Turnkey basis in EMS, means the material procurement and manufacturing of a product are done by the service provider
Turnkey basis means the Scope of Work where upon the effective date of this Contract, CONTRACTOR shall be fully and solely responsible for the survey, design, development, manufacture, delivery, supply, installation, integration and commissioning of the System, and the remedying of any defects, so as to make the System ready for service and the CONTRACTOR shall also do everything necessary as reasonably may be inferred from this Contract as being required of CONTRACTOR to perform all of its obligations under this Contract.

Examples of Turnkey basis in a sentence

  • XXXX has issued Tender No XXXX/MAT/2019–20/002 (hereinafter ‘The Tender”) for the ‘Design, Supply, Testing, and Installation & Commissioning along-with Comprehensive Annual Maintenance Contract (CAMC) for 5 years of Battery Energy Storage Systems (XXXX) on Turnkey Basis under UI-ASSIST initiative with BRPL in NCT of Delhi’ and invited bids for this purpose.

  • Government of Rajasthan Directorate of Medical & Health Services, Swasthya Bhawan, Store Purchase Organisation (Room No-124) Tilak Marg, C-Scheme, Rajasthan, Jaipur Tender Form Procurement Cum Rate Contract of Mobile Medical Unit on Turnkey Basis Name & Address of the Tenderer M/S ....................................................................

  • Landlord shall build Tenant Improvements on a Turnkey Basis as per Landlord’s building standards (the “Building Standards”) which shall be delivered to Tenant for approval with the Tenant Improvement Plans and Work Schedule.

  • While work is being performed on a Turnkey Basis, Contractor shall at all times be responsible for and hold harmless and indemnify Operator for damage to or destruction of Contractor's in-hole and subsea equipment including, but not limited to, drill pipe, drill collars, tool joints, anchors, chains, BOP and riser, and Operator shall be under no liability to reimburse Contractor for any such loss or damage except as provided in Paragraph 605.

  • Sealed bids are invited from manufacturers of repute or their authorized firms/dealers on DDP-PKR/CFR/CPT- US$ basis (foreign portion on CFR/CPT-US$ basis while local portion on DDP-PKR basis inclusive of all applicable taxes) for the SITC of Industrial/ Precision AC Units on Turnkey Basis in accordance with PTCL requirements/Technical Specifications.


More Definitions of Turnkey basis

Turnkey basis means PA shall design, have constructed through a general contractor and equip the initial Unit Increment that comprises Phase I in exchange for payment of the Turnkey Cost identified in Section 5.1.3.
Turnkey basis means Contractor shall furnish the equipment, labor, and perform the services as herein provided, to drill a well to the specified depth.
Turnkey basis means Landlord’s completion of the Tenant Improvements.
Turnkey basis means Contractor shall furnish the equipment, labor, and perform services as herein provided to drill a well, as specified by Operator, to the Turnkey Depth. Subject to the terms and conditions hereof, payment to Contractor at a stipulated price is earned upon attaining such Turnkey Depth and completion of the other turnkey obligations of Contractor hereunder. While drilling on a Turnkey Basis Contractor shall direct, supervise, and control drilling operations and assumes certain liabilities to the extent specifically provided for herein. Notwithstanding that this is a Turnkey Contract, Contractor and Operator recognize that certain portions of the operations, as hereinafter designated, may be performed on a Daywork Basis. For purposes hereof the term "Daywork Basis" means Contractor shall furnish equipment, labor, and perform services as herein provided, for a specified sum per day under the direction and supervision of Operator (which term is deemed to include any employee, agent, consultant, or subcontractor engaged by Operator to direct drilling operations). When operating on a Daywork Basis, Contractor shall be fully paid at the applicable rates of payment notwithstanding any breach of representation or warranty, either expressed or implied, or the negligence or fault of Contractor, its employees, agents or servants, including sole and/or concurrent negligence, either active or passive, latent defects or unseaworthiness of vessels (whether or not pre-existing), and any theory of tort, breach of contract, or strict liability, including defects or ruin of premises either latent or patent. During daywork operations Contractor assumes only the obligations and liabilities stated herein. Except for such obligations and liabilities specifically assumed by Contractor, Operator shall be solely responsible and assumes liability for all consequences of operations by both parties while on a Daywork Basis, including results and all other risks or liabilities incurred in or incident to such operations. EXCEPT AS OTHERWISE HEREIN PROVIDED, NEITHER PARTY MAKES ANY WARRANTY, EXPRESSED OR IMPLIED, AS TO THE MERCHANTABILITY OR FITNESS OF ANY MATERIALS, SUPPLIES, OR EQUIPMENT FOR ANY PURPOSE. NO WARRANTY OF WORKMANLIKE PERFORMANCE IS GIVEN BY EITHER PARTY BY VIRTUE OF THIS AGREEMENT FOR ANY PERFORMANCE HEREUNDER.
Turnkey basis means “of or involving the provision of a complete product or service that is ready for immediate use”; OR “supplied or installed in a condition ready for immediate use, occupation, or operation”.
Turnkey basis means the Scope of Work where upon the effective date of this Contract, CONTRACTOR shall be fully and solely responsible for the survey, design, development, manufacture, delivery, supply, installation, integration and commissioning of the System, and the remedying of any defects, so as to make the System and Sub-system ready for service and the CONTRACTOR shall also do everything necessary as reasonably may be inferred from this Contract as being required of CONTRACTOR to perform all of its obligations under this Contract.
Turnkey basis means Contractor shall furnish equipment, labor, and perform services as herein provided to drill a well, as specified by Operator, to the Turnkey Depth. Subject to terms and conditions hereof, payment to Contractor at a stipulated price is earned upon attaining such Turnkey Depth and completion of the other obligations of Contractor hereunder. While drilling on a Turnkey Basis, Contractor shall direct, supervise and control drilling operations and assumes certain liabilities to the extent specifically provided herein. Notwithstanding that this is a Turnkey Contract, Contractor and_ Operator recognize that certain portions of the operations as hereinafter designated, may be performed on a Daywork Basis.