Inventor Tenders

Payments shall be made promptly by the purchaser, but in no case later than thirty 30 days after submission of an invoice or claim by the supplier. payments shall be made promptly by the purchaser, but in no case later than thirty 30 days after submission of an invoice or claim by the supplier.

The supplier warrants that the goods supplied under the contract are new, unused, of the most recent or current models, and that they incorporate all recent improvements in design and materials unless provided otherwise in the contract. the supplier warrants that the goods supplied under the contract are new, unused, of the most recent or current models, and that they incorporate all recent improvements in design and materials unless provided otherwise in the contract.

If the supplier fails to deliver any or all of the goods or to perform the services within the periods specified in the contract, the purchaser shall, without prejudice to its other remedies under the contract, deduct from the contract price, as a penalty, a sum calculated on the delivered price of the delayed goods or unperformed services using the current prime interest rate calculated for each day of the delay until actual delivery or performance. subject to gcc clause 25, if the supplier fails to deliver any or all of the goods or to perform the services within the periods specified in the contract, the purchaser shall, without prejudice to its other remedies under the contract, deduct from the contract price, as a penalty, a sum calculated on the delivered price of the delayed goods or unperformed services using the current prime interest rate calculated for each day of the delay until actual delivery or performance.

If a bidders or contractors based on reasonable grounds or evidence obtained by the purchaser has have engaged in the restrictive practice referred to above, the purchaser may refer the matter to the competition commission for investigation and possible imposition of administrative penalties as contemplated in section 59 of the competition act no 89 0f **** a bidders or contractors based on reasonable grounds or evidence obtained by the purchaser has have engaged in the restrictive practice referred to above, the purchaser may refer the matter to the competition commission for investigation and possible imposition of administrative penalties as contemplated in section 59 of the competition act no 89 0f ****.