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This document is an agreement between the Department of Health and Family Welfare, Government of West Bengal and a Concessionaire for the establishment of Fair Price Medicine Outlets in Government
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What is draft agreement and pbg?
A draft agreement is a preliminary version of a legal contract, not yet fully finalized or executed. PBG stands for Performance Bond Guarantee, which is a type of financial guarantee provided by a party to ensure the satisfactory fulfillment of contractual obligations.
Who is required to file draft agreement and pbg?
The party responsible for the contract or agreement is typically required to file the draft agreement. PBG is usually filed by the party who needs to secure their performance obligations.
How to fill out draft agreement and pbg?
To fill out a draft agreement, relevant parties need to provide all necessary terms and conditions of the intended agreement. PBG requires providing specific details of the performance obligations, such as the amount of guarantee, duration, and terms of enforcement.
What is the purpose of draft agreement and pbg?
The purpose of a draft agreement is to outline the terms and conditions to be included in the final contract. PBG aims to provide assurance to the other party that the agreed-upon obligations will be fulfilled as per the contract.
What information must be reported on draft agreement and pbg?
The draft agreement should include details such as the parties involved, scope of work, payment terms, and any other pertinent terms. PBG requires information regarding the amount of guarantee, duration, terms of enforcement, and other related obligations.
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