SCHEDULE
Reference No: BC7 57950
1.
SUPPLIER:
2.
BUYER/BORROWER:
3.
GUARANTOR:
4.
Balfour Beatty Limited
China Light and Power Company (or subsidiary)
to be decided
BRIEF DESCRIPTION OF PROJECT:
Supply, erection and commissioning of 400 Kv transmission system with sub- stations, overhead line and underground cable
5.
DETAILS OF UK CONTRACTUAL RESPONSIBILITY:
A
UK element
i.
goods
Brief Description
Value £
Switchgear, transformers, trans- mission line equipment
115,000,000
ii.
services
Expatriate labour and UK costs
5,600,000
iii.
provisional
sums (inc. CPA)
34,000,000
Sub-total
154,600,000
B
Local element
·
i.
local labour and basic building materials (viz. sand, cement and gravel)
3,300,000
ii.
locally manufactured goods and/or other expenditure
2,100,000
Sub-total
5,400,000
TOTAL VALUE
£160,000,000
6.
TERMS OF PAYMENT TO SUPPLIER:
From Loan
From Buyer Direct
%
%
UK element
85
15
Eligible EEC element
Other foreign element Local element
85
15