Section 5.1

- The following shall be the obligations of the PROPONENT-LESSOR:

1. It shall finance, design and construct the GOVERNMENT ADMINISTRATIVE CENTER in strict compliance with the technical and operating specifications as stated in the PROPONENT-LESSOR's Technical Proposal (ANNEX B);

2. It shall provide its own funds, materials, plants and equipment necessary for the expeditious implementation of the PROJECT;

3. It shall complete the construction of the PROJECT within _______ calendar days as indicated in the Instruction to Bidders, and upon completion, turn it over to the LGU-LESSEE on a lease agreement for a fixed period of _____ years, after which ownership of the facility is automatically transferred to the LGU-LESSEE; and

4. It shall, at all times during the construction of the GOVERNMENT ADMINISTRATIVE CENTER, comply with, and secure at its own cost all legal requirements, permits, licenses and approvals.