CWE–ADVANCED Subcontract Agreement(final final).doc

SUB-CONTRACT AGREEMENT KNOW ALL MEN BY THESE PRESENTS: This SUBCONTRACT AGREEMENT, made and entered into this th day of October 2003, by and between: CHINA INTERNATIONAL WATER AND ELECTRIC CORPORATION (CWE) – a company organized and existing under by virtue of the laws of the People’s Republic of China with Branch Office in the Philippines address at Suite 1106 Ermita Center Bldg., 1350 Roxas Blvd., Ermita, Manila and herein represented by the Project Manager, MR. XU QIAN, duly authorized for the purpose, hereinafter referred to as the “Contractor”. - And - ADVANCED FOUNDATION CONSTRUCTION SYSTEMS CORPORATION, a company duly registered and existing under the laws of the Republic of the Philippines with office address at Unit 12-B, Petron Megaplaza Building, 358 Sen. Gil Puyat Avenue, Makati City, represented by its President MR. EDDIE P. CANUTO, hereinafter referred to as the “Sub-Contractor”. WITNESSETH Whereas, the Contractor has been awarded by the Philippine government, through the Department of Public Works and Highways (DPWH), hereinafter referred to as the “Owner”, a contract known as the PINATUBO HAZARD URGENT MITIGATION PROJECT, PHASE II, Contract Package No. 7, RESTORATION OF MANCATIAN BRIDGE INCLUDING ACCESS ROAD ALONG THE ANGELES-PORAC ROAD, as embodied in a duly executed Contract Agreement, hereinafter referred to as the “Main Contract”, wherein Nippon Koei CO., LTD. in association with PhilKoei Int’l. INC., is hereinafter referred to as the “Consultant”; WHEREAS, the Sub-Contractor is a duly licensed construction firm and duly accredited by the Philippine Contractors Accreditation Board (PCAB) and duly recognized and registered with the Department of Public Works and Highways and authorized to undertake Foundation or Pilling work (classified as Large “B”), Road, Bridges (classified as Large “B”), therefore h