An East Asia Crossing-construction Contract Agreement is one that should be mandatorily entered by companies planning to undertake the development and construction of cross cable systems between two countries. The agreement is entered into between the company that wishes to establish fiber optic cable system and the contractor that is engaged in the business of designing and construction of the cabling system. The agreement provides all the commercial terms of the cabling system construction between the two parties.
The agreement provides all the details of the East-Asian crossing construction such as locations needed for the cabling system, the turn-key details of the cabling construction project, pricing details of cabling project, construction requirements as defined by the purchaser company, plan of work, billing schedule, provision for upgrading project, invoice schedule, period specification of invoice, cabling system testing schedule etc. The agreement has to be signed by both the parties to the agreement by signing the agreement along with date.
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