FMD1512

Contract Agreement Form

THIS AGREEMENT, made this lov

d, 2 6 2,015 of 2015 between Duty Free
Philippines Corporation, with address at EHA Bldg, Fiesta Mall, Columbia Complex, Ninoy
Aquino Ave., Parafiaque City (hereinafter called the"Entity") and Reed Steel Fabricators, Inc.
with address at RSFI Building, First Bulacan Industrial City, Tikay, City of Malolos, Bulacan
(hereinafter called the "Contractor").

WHEREAS, the Entity is desirous that the Contractor execute Construction of DFPC Basketball
Covered Court (FMD1512) (hereinafter called "the Works") and the Entity has accepted the Bid
for Three Million Seven Hundred Ninety Nine Thousand Eight Hundred Eighteen Pesos and
60/100 (PhP3,799,818.60) by the Contractor for the execution and completion of such Works and
the remedying of any defects therein.

NOW THIS AGREEMENT WITNESSETH AS FOLLOWS:

1 In this Agreement, words and expressions shall have the same meanings as are
respectively assigned to them in the Conditions of Contract hereinafter referred
to
2. The following documents shall be attached, deemed to form, and be read and
construed as part of this Agreement, to wit
(a) General and Special Conditions of Contract,
(b) Drawings/Plans,
(c) Specifications;
(d) Invitation to Apply for Eligibility and to Bid,
(e) Instructions to Bidders;
Bid Data Sheet;
(g) Addenda and/or Supplemental/Bid Bulletins, if any,
(h) Bid form, including all the documents/statements contained in the
Bidder's bidding envelopes, as annexes;
(i) Eligibility requirements, documents and/or statements;
(i) Performance Security,
(k) Credit line issued by a licensed bank, if any;
(I) Notice of Award of Contract and the Bidder's conforme thereto;
(m) Other contract documents that may be required by existing laws and/or
the Entity
3. In consideration of the payments to be made by the Entity to the Contractor as
hereinafter mentioned, the Contractor hereby covenants with the Entity to
execute and complete the Works and remedy any defects therein in conformity
with the provisions of this Contract in all respects.
4. The Entity hereby covenants to pay the Contractor in consideration of the
execution and completion of the Works and the remedying of defects wherein,
the Contract Price or such other sum as may become payable under the
provisions of this Contract at the times and in the manner prescribed by this
Contract.

TY FREE PHILIPPINES REED STEEL FABRICATORS, INC.

(TIN NO. 000-235-696-000)

C. FORMOSO RES I/TIYT C. ROQUE

cer Pr s ent

Signed in the presence of:

 ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES )

C-V '7"
) S S.
NOV 2 6 2615
BEFORE ME a Notary Public for and in tWITTAIT-714Kk.-i o on this day of
, 2015, personally appeared:

Name Passport No. Date/Place Issued

DUTY FREE PHILS. EC07490303 02 April 2014/DFA Manila

LORENZO C FORMOSO

REED STEEL FABRICATORS, INC

RESTITUTO C ROQUE

known to me and to me known to be the same persons who executed this instrument and they
acknowledged to me that the same is their voluntary act and deed

This Agreement, consisting of two (2) pages, was signed by the parties together with their
instrumental witnesses on each and every page hereof.

WITNESS MY HAND AND SEAL

ATI? "iirP REYES

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NpTARY,k3PE6F2015
il3P 9 ZVA , L12015 BULIACAN
kcJi L110.62872
Doc. No AC RIC-16418-206
Page No S/
Book No. I -
Series of 2015