KNOW ALL MEN BY THESE PRESENTS:

This Agreement ("AGREEMENT"), made and entered into this <<(day/mo/yr)>> for the LGU Public Market Project ("PROJECT") by and between:

<<NAME OF WINNING BIDDER>> (hereinafter referred to as "PROPONENT", a corporation duly organized and existing under Philippine laws, with principal place of business at <<address>>, represented herein by its President - CEO,

and

THE GOVERNMENT OF <<LGU Name>> hereinafter referred to as "LGU", with corporate powers granted under the Local Government Code of 1991 (LGC) and represented herein by its Local Chief Executive/Governor, <<Name of Local Chief Executive>>,his authority is conferred by the Local Sanggunian through SP Resolution No.____, series of ____,

(The LGU and the PROPONENT collectively referred to hereinafter as the "Parties" and individually as a "Party")