AMD 1996 Annual Report Download - page 81

Article 16
Cost of the Work................................... 34
16.1 Basis Of Fee............................................................... 34
16.2 Reimbursable Costs......................................................... 34
16.2.1 Office Costs....................................................... 34
16.2.2 Field Costs........................................................ 37
16.2.3 Excluded Costs..................................................... 41
16.2.4 Principles Affecting Reimbursable Costs............................ 42
16.3 Contractor's Fee........................................................... 43
16.3.1 The Fee............................................................ 43
16.3.2 Calculate Incentive Changes In Fee................................. 43
16.3.3 Fee For Services................................................... 44
16.4 Total Contract Amount...................................................... 44
16.5 Costs Of Alterations....................................................... 44
16.6 Records Of Reimbursable Costs.............................................. 44
16.7 Discounts And Refunds...................................................... 45
16.8 Surplus.................................................................... 45
16.9 Lump Sum Subcontract....................................................... 45
16.10 Adjustment In Fee.......................................................... 46
Article 17
Terms of Payment................................... 46
17.1 Payment Of Contract Amount................................................. 46
17.2 Payment of Increases In Fee; Retainage..................................... 48
17.3 Partial Release Of Retainage............................................... 48
17.4 Payment Not A Waiver By Company............................................ 48
17.5 Payment Of Balance Of Retainage............................................ 48
17.6 Insurance Adjustments...................................................... 49
17.7 Stored Materials........................................................... 49
Article 18
Warranties And Guarantees.............................. 49
18.1 Contractor's Warranty And Guarantee........................................ 49
18.2 Company's Right To Repair.................................................. 50
18.3 Liability For Damages...................................................... 51
18.4 Capacities At Operating Conditions......................................... 51
18.6 Retaining Imperfect Materials.............................................. 51
18.7 No Release Of Other Claims 51
Article 19
Correction of Defective Construction Work....................... 51
19.1 Correction Of Work For Which Contractor Is Responsible..................... 51
19.2 Using New Materials For Repairs............................................ 52
19.3 Repair By Company.......................................................... 52
Article 20
Indemnity...................................... 52
20.1 Contractor's Indemnity..................................................... 52
20.2 Indemnification By Subcontractors And Vendors.............................. 53
20.3 Company's Indemnity........................................................ 53
20.4 Consequential Damages...................................................... 54
Article 21
Insurance And Bank Guarantees............................ 54
21.1 Contractor To Carry Insurance.............................................. 54
21.2 Contractor's Liability Insurance........................................... 55
21.2.1 Liability Coverage................................................. 55
21.2.2 Liability Limits................................................... 55
21.3 Insurance Certificates..................................................... 56
21.4 Company As Additional Insured.............................................. 56
21.5 Builders All Risk Insurance................................................ 56
21.6 Performance And Warranty Bank Guarantees................................... 56
21.7 Advance Payment Bank Guarantees............................................ 57
21.8 Assignment Of Subcontractors' Warranties And Bank Guarantees............... 57
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Source: ADVANCED MICRO DEVIC, 10-K, March 20, 1997