Monday, December 18, 2006
China Expert Technology (CXTI) contract
CXTI filed an 8-K for the contract for 2 e-Government systems
CXTI entering contract with Quangang District of Quanzhou City and Pingtan County of Fuzhou City, both in Fujian province, China.
Construction starts July 2007, ends August 2010. Total fee for Quanggang is $34 million, $30 million after hardware purchases. Total fee for Pingtan is $26 million or $22.4 million after hardware purchases.
Another contract on Dec 11, 2006 with Quanzhou Guo Guang Scientific Technology Development Company Ltd. CXTI pays them $1.9 million comission within 20 days of the main contract being signed.
Also a commission contract signed on Dec 13, 2006 with Pingtan County Shun Wei Information Technology Company Ltd. $1.2 million paid to the consultant within 20 days of the main contract being signed.
Both main contracts provide for:
Here's the main Quanzhou contract and consultant contract
The project is in phases, like the Shishi contract. 30 day on-site technicians. One year warranty and free maintenance. 5% of the contract price is paid on completion (paid within 1 month of acceptance). 5% is a deposit for warranty and after installation support (paid 10 days after 1 year warranty expires).
HW platform: 17.4 million yen
Application: 5.8 million yen
Portal website: 1.6 million yen
and so forth (much like Shishi). On each phase, 50% is paid within 15 days of starting, 40% is paid within 10 days after testing and acceptance.
Up to 20% breach of contract costs for CXTI. The city also has pretty much the same liabilities as in Shishi.
Contract signed by Bai Yu Hang representing Quangang and Song Feng representing CXTI.
The consultant agreement is signed by Song Feng representing CXTI and Wang Deng representing the consulting company.
Here's the main Pingtan contract and consultant contract
Looks like the same main contract. Signed by Yang Jun Feng representing Pingtan and Song Feng representing CXTI.
The consultant agreement is signed by Song Feng of CXTI and Li Yuan Zhi from the consulting company.
CXTI entering contract with Quangang District of Quanzhou City and Pingtan County of Fuzhou City, both in Fujian province, China.
Construction starts July 2007, ends August 2010. Total fee for Quanggang is $34 million, $30 million after hardware purchases. Total fee for Pingtan is $26 million or $22.4 million after hardware purchases.
Another contract on Dec 11, 2006 with Quanzhou Guo Guang Scientific Technology Development Company Ltd. CXTI pays them $1.9 million comission within 20 days of the main contract being signed.
Also a commission contract signed on Dec 13, 2006 with Pingtan County Shun Wei Information Technology Company Ltd. $1.2 million paid to the consultant within 20 days of the main contract being signed.
Both main contracts provide for:
- Hardware Platform Integration
- Security Platform
- Application Platform
- Portal Website
- Unified Administration Approval System
- Coordinated Office System
- Calling Center
- Geographical Information System
- Emergency Commanding System
- Auxiliary Decision System
- Social Medical Security Information System
- Smart Card System
- Information Database
- E-Commerce System (for Quanzhou City Quangang District only)
Here's the main Quanzhou contract and consultant contract
The project is in phases, like the Shishi contract. 30 day on-site technicians. One year warranty and free maintenance. 5% of the contract price is paid on completion (paid within 1 month of acceptance). 5% is a deposit for warranty and after installation support (paid 10 days after 1 year warranty expires).
HW platform: 17.4 million yen
Application: 5.8 million yen
Portal website: 1.6 million yen
and so forth (much like Shishi). On each phase, 50% is paid within 15 days of starting, 40% is paid within 10 days after testing and acceptance.
Up to 20% breach of contract costs for CXTI. The city also has pretty much the same liabilities as in Shishi.
Contract signed by Bai Yu Hang representing Quangang and Song Feng representing CXTI.
The consultant agreement is signed by Song Feng representing CXTI and Wang Deng representing the consulting company.
Here's the main Pingtan contract and consultant contract
Looks like the same main contract. Signed by Yang Jun Feng representing Pingtan and Song Feng representing CXTI.
The consultant agreement is signed by Song Feng of CXTI and Li Yuan Zhi from the consulting company.
// posted by Bruce @ 6:49 PM 
