Insurance “At least equivalent to Insurance to be considered & requirements are as contract amount” and provided by Contractor / under: amend as “Minimum Cover bidder. Works and Plant and for Insurance: At least The contents of the bid Materials: Minimum equivalent to the value of document holds good. Cover for Insurance Plant and Materials”. We understand Dredger is defined as Plant. 42 120 Contractor's Please clarify the Operation and maintenance responsibility maintenance period of 5 period commences Second Paragraph years commences immediately on completion of Bidders are immediately on completion the defect liability period. responsible and of works. accountable for overall stability and performance of the entire construction works of the Remediation Works (as specified in these tender documents) and shall take a guarantee of
Insurance requirements are as under: Works and Plant and Materials: Minimum Cover for Insurance “At least equivalent to contract amount” and amend as “Minimum Cover for Insurance: At least equivalent to the value of Plant and Materials”. We understand Dredger is defined as Plant. Insurance to be considered & provided by Contractor / bidder. The contents of the bid document holds good. 42 120 Contractor's responsibility Second Paragraph Bidders are responsible and accountable for overall stability and performance of the entire construction works of the Remediation Works (as specified in these tender documents) and shall take a guarantee of Please clarify the maintenance period of 5 years commences immediately on completion of works. Operation and maintenance period commences immediately on completion of the defect liability period.
Pre%20bid%20clarifications%20for%20the%20NMK%20works.docx