Contract Leasing Out of Space For Food Stalls
Contract Leasing Out of Space For Food Stalls
Contract Leasing Out of Space For Food Stalls
The Contract made and entered into the City of Manila, Philippines, this ____ day of
________ 2015 by and between:
-and-
WITNESSETH:
WHEREAS, a submission of best and final offer was held on ______________ by the
_____________ for the above project;
WHEREAS, after due consideration of the bids submitted and upon recommendation
of the __________ dated _________, the proposal of the LESSEE was accepted by
__________ as the winning bid provided in the Notice of Award, subject to accounting and
auditing rules and regulations. Attached herewith is the recommendation for award marked as
ANNEX __ and made an integral part of this contract;
NOW, THEREFORE, for and in consideration of the foregoing premises and of the
conditions hereinafter set forth, the parties have agreed, as they hereby agree, as follows:
1. In this Agreement words and expressions shall have the same meanings as are
respectively assigned to them in the Conditions of Contracts referred to;
2. PERIOD AND RENTALS; The term of this Lease is for one (1) year , from
_________ to __________ at the rate of Php17,000.00 per month or an
equivalent of TWO HUNDRED FOUR THOUSAND PESOS (Php
204,000.00) for one (1) year, for Food Stall No. __.
3. MODE AND RENTAL OF PAYMENT: The monthly rental shall be due and
payable on or before the first week of the month without the necessity of
demand at the office of the Vice-President for Finance and Management. The
LESSES shall issue post dated cheques to cover the monthly payment of rental
every first week of the month for each year until the end of the period. Failure
to pay rentals due for everyday of delay computed from the first day of delay
up to the time payment is made. Payment of penalty interest shall be done at
the time of payment of rentals. Penalty imposed by banks in the case of
bouncing cheques shall be chargeable against the accounts of the LESSEE.
5. USE AND PURPOSE: The LESSEE expressly agrees and warrants that the
leased premises shall be used exclusively for selling cooked food, snacks,
candies, and beverages subject to approval of ___________________ .
Further, said LESSEE is hereby prohibited to sublease and to use said
premises for any other purposes without the prior written consent of the
_________________.
1. To monitor the prices of the foods and all other items being
sold to the canteen to protect the interest of the students and
other customers. In any event that there is need to increase
the prices, the LESSEE shall not be allowed to increase
without prior notice to and approval of the
_______________.
10. DISPLAY OF IDS AND CAR STICKERS: All stall personnel shall secure an
Identification Card from the Office of the Vice-President for Administration which
shall be displayed at all times while inside the University. All delivery vehicles shall
secure a valid car, No sticker, No entry policy shall be strictly implemented.
17. At the expiration of the term of the lease, the stall premises shall be
surrendered peacefully by the LESSEE to the ________________ free and clear of all
furniture, fixtures, and equipment. If there are any unpaid rentals of this lease, the
_______________ has the lien or right to retain the furniture, equipment, supplies,
fixtures, and articles of whatever kind and nature until the unsettled amount is fully
paid.
18. Upon the termination of the term of the lease or earlier thereof as above
provided, the LESSEE hereby expressly appoints the ___________________ as his
agent and authorized to enter upon the leased premises, removed all personal property
that may be found therein, and deposit the same in a bodega, and the LESSEE further
agrees to defray all costs for the transfer and storage thereof.
19. That all request and concern for the operation of the leased premises by the
________________ should be officially addressed to the LESSEE, the LESSEE shall
in turn, coordinates with the _______________ designated representative so as to
maintain close monitoring and proper communication.
20. The _______________ has the right to terminate the lease contract if the
LESSEE violates any provision hereof without need of notice to the LESSEE.
IN WITNESS WHEREOF, the parties have hereunto set their hands on the place and
date first above-written.
______________________________ __________________________
___________________________ ________________________
REPUBLIC OF THE PHILIPPINES)
ACKNOWLEDGMENT
NOTARY PUBLIC
Series of ______;