RE: Antibody testing hasn’t gone away13 Jul 2021 08:34
Bump it up
he Contract shall start on the Effective Date and shall
continue for the duration of Phase 1 which ends on the
Long Stop Date (1st April 2021) as extended by agreement
between the Authority and the Supplier unless notice is
given by the Authority to move to Phase 2. The Authority
may terminate the Contract for convenience during Phase
1 on giving not less than 15 (fifteen) days prior written
notice to the Supplier.
If the Supplier completes Phase 1 to the Authority’s
satisfaction, the Authority shall be entitled but not obliged
to notify the Supplier in writing that it wishes the Contract
to continue to Phase 2 and to require the Supplier to supply
the lateral flow tests to the specification set out in Annex 1
to Schedule 2 to the Authority. During Phase 2, the
Authority may terminate the Contract for convenience by
giving not less than one month’s written notice to the
Supplier.
Phase 1 and Phase 2 together shall be the Initial Contract
Period which is for 12 months from the Effective Date.
The Authority shall be entitled to extend the Initial Contract
Period once for a further 12 months by giving not less than
one month’s prior written notice to the Supplier.
Termination for Convenience by Authority
6.1 If the Authority terminates the Contract for convenience under clause 13.2, or the Supplier
terminates this Contract in accordance with clause 13.7, and provided that the Supplier is not in
Default of this Contract, the Authority shall make a Termination Payment to the Supplier calculated
as the aggregate of the following:
6.1.1 Purchased but unused materials and consumables which cannot be repurposed by the
Supplier and part made Goods which have not yet been invoiced to the Authority; and
6.1.2 Rent, service charge and insurance payments payable under a formal lease of premises
for up to 12 months following the End Date where the lease was entered into solely for the
purposes of expanding manufacturing capacity to meet Authority demand. No break fees
to terminate any lease shall be payable by the Authority; and
6.1.3 Termination payments to Applicable Supplier Staff; and
6.1.4 Third Party Contract break costs excluding leases of real estate; and
6.1.5 Reciprocal payments to Key Subcontractors calculated in accordance with this paragraph
6 of Schedule 3; and
6.1.6 Equipment purchased by the Supplier for the purposes of the Contract at cost less
depreciation at the Suppliers depreciation rate set out in the Commercial Model assuming
they cannot be repurposed or sold; and
6.1.7 Fit out costs to the Supplier’s premises incurred in accordance with the Letter of Intent
and/or after the date of this Contract (in each case for the sole purpose of manufacturing
the Goods):
6.1.7.1 which have been pre approved by the Authority; and
6.1.7.2 which the Supplier has at the date of the Termination Notice spent or contractually
committed to spend; and
6.1.7.3 whi
Sign In
Follow the stocks
