-

ל

HE WENT ON TO SAY THAT OBVIOUSLY THE COROLLARY OF A FIXED PRICE

CONTRACT IS THAT THE CONTRACTOR HAS THE FREEDOM TO SUPPLY HIS OWN

DETAILED SPECIFICATIONS IN RELATION TO THE OVER ALL SITUATION''

AND EXPLAINED THAT HONG KONG SIDE HAVE GIVEN 45 POINTS IN THE FORM

OF A PERFORMANCE SCHEDULE WHICH THE CONSORTIUM HAVE AGREED

TO ABIDE BY. BUT THE CONSORTIUM WILL PROVIDE THE DETAILS.

RECOGNISING THAT THERE MIGHT BE A GREY REGION BETWEEN PERFOR-

MANCE SCHEDULE AND DETAILED SPECIFICATIONS HE SAID THAT THERE

WILL BE HARD BARGAINING AHEAD BUT THE CONSORTIUM HAS AGREED TO

BUILD THE SYSTEM WITHIN THE LIMITS SET DOWN BY US AND OUR LIMITS

INCLUDE A FIXED PRICE CEILING OF HONG KONG DOLLARS 5,000 MILLION**.

ASTON.

NNNNRYVY

PRODROME LONDONO

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