On June 26th, Gelunhui reported that Shandong Longquan Pipe Industry Co., Ltd., a subsidiary of Longquan Company (002671.SZ), recently received a contract for the procurement and installation services of PCCP pipes and accessories for the Pingfei Lake water replenishment project and the Iron Mountain irrigation district water source supplement Pingfei Lake water diversion project (Phase II) in Tieshan Irrigation District of Hunan Province, signed with Hunan Balang Water Conservancy and Hydropower Construction Engineering Co., Ltd. The procurement cost and labor compensation of the project are based on a comprehensive unit price model, and the total contract price (including tax) is about 64,820,600 yuan. Once the contract is signed, the comprehensive unit price will not be adjusted except for design additions, and the settlement engineering quantity will be based on the actual occurrence. Settlement total price will be based on the contract comprehensive unit price and the actual quantity of engineering.
The procurement cost and labor compensation of the project are based on a comprehensive unit price model, and the total contract price (including tax) is about 64,820,600 yuan. Once the contract is signed, the comprehensive unit price will not be adjusted except for design additions, and the settlement engineering quantity will be based on the actual occurrence. Settlement total price will be based on the contract comprehensive unit price and the actual quantity of engineering.