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Modification no. 2 did 12.09.11 RFP & SCADA/DMS Model technical specification (MTS) under RAP DRP NO MTS clause reference Present description Modified description 1. MTS section 1, clause 1.4.1 point
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The sno mts clause present is a clause in a contract that allows one party to terminate the contract if the other party fails to make timely payments.
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The party that wants the ability to terminate the contract in case of non-payment is required to include the sno mts clause present in the contract.
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To fill out the sno mts clause present, you need to clearly outline the conditions under which the contract can be terminated due to non-payment, including any specific deadlines or procedures that must be followed.
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The purpose of the sno mts clause present is to protect the party providing goods or services by giving them the option to terminate the contract if the other party fails to fulfill their payment obligations.
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The sno mts clause present must include details on the specific payment obligations, the consequences of non-payment, and any procedures that must be followed in the event of non-payment.
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