all welding will be carried out in accordance with the quality plan and iso weld procedures approved by the buyer‘s representative and will be in general accordance with det norske veritas requirements.
“shot blasting” shot blasting of the yacht will be in accordance with the agreed specification attached in annex c.
“insulation” the insulation of the yacht will be in accordance with the agreed specification attached in annex c.
“fairing and painting” the fairing and painting of the yacht will be in accordance with the coatings specification attached in annex c.
“equipment” the responsibility for the supply of materials and equipment will be as defined and agreed in the components list （annex a） for the yacht.
“quality plan documentation” an agreed quality plan will be issued covering all aspects of the yacht‘s construction， which will include：
a） hull & deck fabrication
b） blast and prime
c） fair and paint
d） electrical and mechanical engineering
e） fit-out
article ii – description
1） the yacht to be constructed under this contract is a motor yacht of approximately 20.00 metres length overall designed by thanos condylis， as described in the specifications， with the following main particulars：
approximate dimensions
length overall about 20.00 metres
length on the water line about 18.03 metres
beam （max） about 5.75 metres
draft about 1.77 metres
2） a distinctive yard number shall be placed upon each yacht and her materials and outfit， during construction. the yard number of the yacht shall be kyc-005.
article iii – construction， materials and inspection
1） the yacht and her machinery， outfit， equipment， materials and workmanship shall be in accordance with this contract and the design specifications.
2） in principle the builder will supply all material， components and equipment for the yacht as set out in annexe a. any additional material， components or equipment procured by the builder will be billed to the buyer at delivered cost plus 15%. however the builder must notify the buyer in writing prior to procurement of the cost and quantity of any items for which the builder intends to be billed to the buyers account.
3） in the event of any delay of delivery of material， components and equipment which are items of buyer‘s supply， by the buyer resulting in delays to the production schedule set out in annexe e， the contract delivery period may be extended by the amount of the delay. provided always that the builder will use his best endeavours to minimise the delay so caused by re-scheduling work to utilise the material， components and equipment that have already been delivered to the builder.