problem 1:

Discuss and illustrate out the significance of a price adjustment clause in a procurement contract. Your answer must consist of some exs.

problem 2:

The major obligation of the Public Body is to pay the Contractor promptly after due date. Discuss and describe the consequences of late payment to public body.

problem 3:

Discuss and illustrate out the four (4) circumstances when a public body might terminate a contract.

problem 4:

prepare concise notes on the following:

a) Liquidated Damages

b) Retention Money

c) Acceptance Report

d) Force Majeure