Solar PV Facility Project Financing & Contracting
Supply contract (Inverters and modules)
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Supply contract (Modules)
Simplified sequence of events
Owner identifies need to engage supplier of Inverters and Modules
for use in a solar PV facility
The Supply Contract (Modules) is
designed for use when contracting for
the manufacture, supply and delivery
of photovoltaic modules, and for the
provision of supervisory services at the
site during installation.
The Supply Contract (Modules)
includes General Conditions relating to
performance of Activities, damages and
disputes. Schedule 1 sets out the Supplier's
Activities and Schedule 3 sets out the
breakdown of price.
The precedent Contract also contains
extensive provisions around performance
testing obligations, liability for defects,
and supplier warranties, designed
to provide the developer maximum
protection over the life of the agreement.
The developer may wish to outsource
its sourcing obligations to the EPC
Contractor through Schedule 1 of the
EPC Contract, or may wish to free-issue
(developer supplied) equipment.
Commence quote/pricing process
•
•
Owner contacts Suppliers and provides description of
works and services required
Suppliers submit quote/pricing information and
other details
Supplier chosen
Owner chooses Supplier
Owner prepares Supply Contract
(Inverters or PV Modules as required)
Clarification and negotiation where appropriate
Sign contract
Supplier delivers in
accordance with the
General Conditions
and Schedules to the
Supply Contract
Reject quote
from Supplier
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