SUMMARY

TTF-7/E

Guides to PFI Taskforce Guidance On Project Agreements

Introduction

1. Purpose
2. Duration of project agreement
3. Approval and certification of service commencement
4. Incentives to timely service commencement
5. Delays
6. Information warranties

Service provision and payment

1. Service requirements and availability
2. Maintenance
3. Performance monitoring
4. Price and payment mechanism
5. Set off
6. Changes to service
7. Change in law
8. Price variations

Changes to parties involved in project

1. Sub-contracting
2. Assignment
3. Change of control

Termination

1. Introduction
2. Termination on expiry of service period
3. Early termination
4. Calculation and payment of early termination payment
5. Surveys on termination

General provisions

1. Indemnities
2. Insurance
3. Information and confidentiality
4. Intellectual property right
5. Dispute resolution
6. Clients step-in
7. boilerplate