Total advance payment 14.2 % Percentage of the Accepted Contract Amount payable in the currencies and proportions in which the Accepted Contract Amount is payable [Insert number and timing of installments if applicable] Repayment amortization 14.2(b) _______% rate of advance payment Requirements for 14.3 ____________ [if not stated, it is month” “each submission of Statements in accordance with the Sub-Clause; see also 13.8 above] Percentage of Retention 14.3 _______% Limit of Retention Money 14.3 _______% of the Accepted Contract Amount Minimum Amount of 14.6 _____________ % of the Accepted Contract Interim Payment Certificates Amount. Publishing source of 14.8 commercial interest rates for financial charges in case of delayed payment Maximum liability of 17.6 [Select one of the two options below as the Contractor to the appropriate] Employer The product of_____________ [insert a times the multiplier less or greater than one] Accepted Contract Amount, or _____________ [insert amount of the maximum total liability] Periods for submission of 18.1 [Insert period for submission of evidence of insurance: insurance and policy. Period may be from 14 days to 28 days.] a. evidence of insurance. _____days b. relevant policies _____days Maximum amount of 18.2(d) [Insert maximum amount of deductibles] deductibles for insurance of the Employer's risks Minimum amount of third 18.3 [Insert amount of third party insurance] party insurance Date by which the DB shall 20.2 28 days after the Commencement date be appointed The DB shall be comprised 20.2 One sole Member Either: of Three Members or: List of potential DB sole 20.2 [Only when the DB is to be comprised of one members sole member, list names of potential sole members; if no potential sole members are to be included, insert: “none”]
Total advance payment 14.2 % Percentage of the Accepted Contract Amount payable in the currencies and proportions in which the Accepted Contract Amount is payable [Insert number and timing of installments if applicable] Repayment amortization rate of advance payment 14.2(b) _______% Requirements for submission of Statements 14.3 ____________ [if not stated, it is “each month” in accordance with the Sub-Clause; see also 13.8 above] Percentage of Retention 14.3 _______% Limit of Retention Money 14.3 _______% of the Accepted Contract Amount Minimum Amount of Interim Payment Certificates 14.6 _____________ % of the Accepted Contract Amount. Publishing source of commercial interest rates for financial charges in case of delayed payment 14.8 Maximum liability of the Contractor to the Employer 17.6 [Select one of the two options below as appropriate] The product of_____________ [insert a multiplier less or greater than one] times the Accepted Contract Amount, or _____________ [insert amount of the maximum total liability] Periods for submission of insurance: 18.1 [Insert period for submission of evidence of insurance and policy. Period may be from 14 days to 28 days.] a. evidence of insurance. _____days b. relevant policies _____days Maximum amount of deductibles for insurance of the Employer's risks 18.2(d) [Insert maximum amount of deductibles] Minimum amount of third party insurance 18.3 [Insert amount of third party insurance] Date by which the DB shall be appointed 20.2 28 days after the Commencement date The DB shall be comprised of 20.2 Either: One sole Member or: Three Members List of potential DB sole members 20.2 [Only when the DB is to be comprised of one sole member, list names of potential sole members; if no potential sole members are to be included, insert: “none”]
SPD-Request-for-Proposal-Works-Design-Build-OCT-2017.docx