What type of contract is this?

This is a subcontract for the formwork engineering of the Run-Tai Construction New Du Segment project.

What is the contract value?

The total contract amount is NT$23,378,713 (excluding tax).

What is the contract duration?

The project period is 156 calendar days from the date of work commencement notice to completion.

Is this a related-party transaction?

Yes, Yun Yang Construction is a related party, making this a related-party transaction.

What is the purpose of this transaction?

The purpose is to subcontract the formwork construction for the New Du Segment development.

AI News NQ Analysis

Run-Tai New Announces Subsidiary Run-Tai Construction's Contract for New Du Segment Formwork Project

NQ Score 73/100

N1 Content Completeness 9

AI Summary (NQ-processed)

Run-Tai New's subsidiary, Run-Tai Construction Co., Ltd., has entered into a subcontract agreement with Yun Yang Construction Co., Ltd. for the 'New Du Segment Formwork Project,' with a total contract value of NT$23,378,713 (excluding tax) and a duration of 156 calendar days from the commencement notice date.

AI Analysis

Frequently Asked Questions

Q: What type of contract is this?: A: This is a subcontract for the formwork engineering of the Run-Tai Construction New Du Segment project.
Q: What is the contract value?: A: The total contract amount is NT$23,378,713 (excluding tax).
Q: What is the contract duration?: A: The project period is 156 calendar days from the date of work commencement notice to completion.
Q: Is this a related-party transaction?: A: Yes, Yun Yang Construction is a related party, making this a related-party transaction.
Q: What is the purpose of this transaction?: A: The purpose is to subcontract the formwork construction for the New Du Segment development.