Time for access to the Site: 2.1 No later than the Commencement Date, except for the following parts (if applicable, with detailed description of the parts concerned:________ Days after Commencement Date Employer approval not 3.1 % of Accepted Contract Amount …….. required for variations less than: Performance Security: 4.2 The Performance Security will be in the form of a ____ [insert either one of guarantee” or “demand in the amount(s) of bond”] [insert “performance percent of the Accepted Contract related figure(s)] Amount for the Design Build and in the same currency (ies) of the Accepted Contract Amount. Reduction in Performance 4.2 Security at the end of the Retention Period: Further reduction in Performance Security following five consecutive of Operation Service during which the Contractor has achieved full compliance with the standards specified in the Schedule of Performance Standards Environmental, Social, 4.2 Health and Safety (ESHS) Performance Security: ESHS Performance Security Yes / No Required: Amount and type of the The ESHS Performance Security will be in the ESHS Performance form of a in the amount(s) of guarantee” “demand Security: of the [insert % figure(s) normally 1% to 3%] Accepted Contract Amount and in the same currency(ies) of the Accepted Contract Amount. [The sum of the total guarantees” “demand (Performance Security and ESHS Performance
Time for access to the Site: 2.1 No later than the Commencement Date, except for the following parts (if applicable, with detailed description of the parts concerned:________ Days after Commencement Date Employer approval not required for variations less than: 3.1 …….. % of Accepted Contract Amount Performance Security: 4.2 The Performance Security will be in the form of a ____ [insert either one of “demand guarantee” or “performance bond”] in the amount(s) of [insert related figure(s)] percent of the Accepted Contract Amount for the Design Build and in the same currency (ies) of the Accepted Contract Amount. Reduction in Performance Security at the end of the Retention Period: Further reduction in Performance Security following five consecutive of Operation Service during which the Contractor has achieved full compliance with the standards specified in the Schedule of Performance Standards 4.2 Environmental, Social, Health and Safety (ESHS) Performance Security: ESHS Performance Security Required: Amount and type of the ESHS Performance Security: 4.2 Yes / No The ESHS Performance Security will be in the form of a “demand guarantee” in the amount(s) of [insert % figure(s) normally 1% to 3%] of the Accepted Contract Amount and in the same currency(ies) of the Accepted Contract Amount. [The sum of the total “demand guarantees” (Performance Security and ESHS Performance
SPD-Request-for-Proposal-DesignBuildOperate-WTP-WWTP-OCT-2017.docx