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Project Contract

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Project Contract
An agreement between two or more parties to accomplish a certain goal in a certain way. For example, a project contract may take the form of an agreement between a builder and a property owner in which the builder agrees to build a house on the property by a certain time in a certain way, and, in exchange, the property owner makes certain remuneration. Project contracts are important to have in the event of a dispute.


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Under the project contract, Siemens will provide the latest gas scrubbing solutions for French company Vinci Construction's pump station 70 in Al Kheisa, Qatar, which will be able to treat up to 170,000m3/hour of odourous air.
Secures $ 21 million worth of project contracts Bath and kitchen company Porcelanosa has opened its first showroom in Abu Dhabi.
7 billion ($720 million) turnkey project contract covers supply of two 250MW steam turbine plants on a relatively fast-track basis.
 
 
 
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