(English Translation) Contract of the Gas Pipeline Installment Project in Tiancheng Community in Acheng City
EX-10.8 20 v108798_ex10-8.htm
EXHIBIT 10.8
(English Translation)
Contract of the Gas Pipeline Installment Project in
Tiancheng Community in Acheng City
Part A: Tianjin Singocean Public Utility Development Co., Ltd
Part B: China North Industry Installment Company
| 1. | Summary of the Project |
| a) | Name of the Project: Gas Supply Project in Tiancheng Community |
| b) | Adress |
| c) | Content of the Project: Gas Pipeline Installment inside rooms and courtyards in Tiancheng Community |
| d) | Method: including construction and materials |
| e) | Unit Price: installment inside rooms: 310 RMB/ households (including meters) |
installment inside courtyards: 660 RMB/ households
| f) | Numbers of households: 200 |
| g) | Total Money of Contract: 132,000 RMB |
| 2. | Timeline of the Project |
The project for 200 households will be started on August, 7th, 2007 and finished on Sep, 5th, 2007
| 3. | Responsibilities of Part A: |
| a) | Part A should sent the project blueprints and documents to Part B before the start of the project |
| b) | Part A should select a design institution |
| c) | Part A should send a staff, who will stay on site and be in charge of coordination and inspection of the process and quality of the project. |
| d) | If Part B breaks the rule of construction, the manager on site has rights to stop him |
| 4. | Responsibilities of Part B: |
| a) | Part B is responsible for getting all the approvals after completion of the project. Part A is responsible for coordination. |
| b) | Part B is responsible for his payments of hotels |
| c) | Part B should send the construction plan to Part A before the start of construction |
| d) | Part B should send the construction schedule to Part A, who will inspect the timeline. |
| e) | Materials used in the project must be satisfied according to the criteria. The inspection man should make records of materials. |
| f) | The construction inside rooms must be implemented under the national rule and subject to the blueprints |
| g) | The Samples must be made firstly and approved by every party. The samples will be basic of actual construction and the criteria of examination. |
| h) | The construction outside rooms must be implemented under the national rule and subject to the blueprints |
| i) | Clean works must be done after the completion of the construction outside rooms. |
| j) | Part B must send staffs on the site at the time of ignition to solve the quality problem |
| k) | Part B must not transmit any part of the project to other parties. If Part B break the clause, Part A has right to terminate the contract and ask the payment of 15% of the total amount by Part B. |
| l) | Part B must make a list of material of construction and sent it to Part A |
| 5. | Payment |
After the completion and examination of the project, Part A will pay the construction fee.
| 6. | Quality Examination |
| a) | Part B must undertake the construction in subject to national rules and blueprints. Part B must be inspected by inspectors and Part A. The project must be well qualified. For the unqualified sections, Part B must undertake reconstruction and pay the cost. |
| b) | The invisible sections of the project must not be constructed until it is examined by all the parties. |
| c) | Part B must get the approval of Part A to change the original design. Part A will inform Part B if Part A wants to make changes and Part B will accept the changes. |
| 7. | Warranty |
The warranty will be available for 12 months from the date of completion of examination by all the parties. During the warranty period, Part B will undertake repair without payment for any quality problem. The cost of repair caused by Part B will paid by Part B and The cost of repair caused by Part A will paid by Part A.
| 8. | Rules of Certification on site |
| a) | For the destruction in the process of project, Part A and inspectors can make certification according to actual situation |
| b) | Content of Certification must be included in the contract. |
| 9. | Numbers of contract and validation Periods |
| a) | There are 4 copies of the contract and Part A and B have two copies respectively. The contract will be executive since both parties make signature. |
| b) | The contract can not be revised and cancelled. |
Any other problems will be solved by negotiations.
Date: August, 8th, 2007
