SUBCONTRACT AGREEMENT
KNOW ALL MEN BY THESE PRESENTS:
This Subcontract Agreement made and executed by:
I&E CONSTRUCTION CORPORATION, a contractor of DPWH duly
organized and existing by virtue of the Laws of the Philippines, with principal office at Lot 7
& 8 Blk 10 BF Homes Martinville Manuyo 2 represented by Engr. Joseph N. Neverio, who has
been authorized for this purpose hereinafter referred to as the “CONTRACTOR”.
-in favor of-
____________________________., a single proprietorship duly organized and existing
pursuant to the provisions of the Laws of the Philippines.
WITNESSETH:
WHEREAS, DPWH (LPMDEO) awarded in favor of herein CONTRACTOR the
implementation of project set forth herein below:
1. _____________________________________________________________with
contract amount of __________________ as stated under JO No. __________
WHEREAS, the GENERAL CONTRACTOR deemed it proper that herein
SUBCONTRACTOR shall execute the implementation of the abovenamed projects;
NOW, THEREFORE, for and in consideration of the above premises, the CONTRACTOR
hereby assigns, transfer and conveys in favor of the SUBCONTRACTOR, its successors and
assigns, all of the CONTRACTOR’S rights, title and interest pursuant to terms and conditions
under the contract between the CONTRACTOR and DPWH including any and all of the
obligations which may arise or occur during the effectivity of this subcontract which shall
continue to be valid, binding and in full force and effect until the full execution and completion
of the project and all obligations and requirements of the CONTRACTOR had been satisfied
and performed.
IN WITNESS WHEREOF, the CONTRACTOR has caused these presents to be signed at
_________________this_______________day of_________________________,20__.
I&E CONSTRUCTION CORP.
(ASSIGNOR)
By: ____________________________
WITH CONFORMITY:
(SUBCONTRACTOR)
BY:
(PROPRIETOR)
SIGNED IN THE PRESENCE OF:
_____________________ ____________________
(REPUBLIC OF THE PHILIPPINES)
Before me this day of _________________________________, personally appeared:
Known to me to be the same person who executed the foregoing instrument and acknowledge
to me that the same in his free and voluntary act and deed, as well as the free and voluntary act
and deed of principal he represents. This instrument, which consists of two (2) pages, refers to
an Assistant of Contract Receivables, and signed by the parties and two witnesses on each and
every page.
IN TESTIMONY WHEREOF, I have here unto set my hand and affixed my notarial
seal at the place and on the date first above written.
Doc. No.__________:
Page No.__________:
Book No.__________:
Series of___________: