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    Lump Sum Contract Notes

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    amrkipl
    This document outlines the terms of a lump sum contract. Key points include: - The contract is lump sum based on the drawings and specifications, with BOQ quantities provided for reference only. The contractor is responsible for thoroughly studying these documents. - Rates in the BOQ will be used to value any variations. Remeasurement will not be done for payments. - The contractor is responsible for including all work shown in drawings and specifications, even if not in the BOQ. - Specifications take precedence over drawings, and any discrepancies must be reported. Additional drawings/specifications issued may be through addendums or variation instructions. - BOQ rates will be used to value additions

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    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd

    Lump Sum Contract Notes

    Uploaded by

    amrkipl
    595 views1 page
    This document outlines the terms of a lump sum contract. Key points include: - The contract is lump sum based on the drawings and specifications, with BOQ quantities provided for reference only. The contractor is responsible for thoroughly studying these documents. - Rates in the BOQ will be used to value any variations. Remeasurement will not be done for payments. - The contractor is responsible for including all work shown in drawings and specifications, even if not in the BOQ. - Specifications take precedence over drawings, and any discrepancies must be reported. Additional drawings/specifications issued may be through addendums or variation instructions. - BOQ rates will be used to value additions

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    Lumpsum Contract Notes

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    This document outlines the terms of a lump sum contract. Key points include: - The contract is lump sum based on the drawings and specifications, with BOQ quantities provided for reference only. The contractor is responsible for thoroughly studying these documents. - Rates in the BOQ will be used to value any variations. Remeasurement will not be done for payments. - The contractor is responsible for including all work shown in drawings and specifications, even if not in the BOQ. - Specifications take precedence over drawings, and any discrepancies must be reported. Additional drawings/specifications issued may be through addendums or variation instructions. - BOQ rates will be used to value additions

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    595 views1 page

    Lump Sum Contract Notes

    Uploaded by

    amrkipl
    This document outlines the terms of a lump sum contract. Key points include: - The contract is lump sum based on the drawings and specifications, with BOQ quantities provided for reference only. The contractor is responsible for thoroughly studying these documents. - Rates in the BOQ will be used to value any variations. Remeasurement will not be done for payments. - The contractor is responsible for including all work shown in drawings and specifications, even if not in the BOQ. - Specifications take precedence over drawings, and any discrepancies must be reported. Additional drawings/specifications issued may be through addendums or variation instructions. - BOQ rates will be used to value additions

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    Lump sum Contract:

    Instruction to the Tenderer:


    1. 2. The contract is Lump sum contract based on Drawings and specifications. The quantities of individual items provided in the BOQ are indicative and for reference purpose only. Contractor should study the drawings and specification thoroughly for the submission of tender. The rates which are filling by the Contractor against the tentative BOQ, shall be used for valuing the variations if, any. Contractor makes sure of him-self in studying all the prioritized documents before pricing the Lump sum Bid. Re-measurement shall not be done for payments to the contractor. The final payment shall be Lump sum contract with necessary approved variations by Employer. Contract sum shall ne be adjusted unless there is a design change instructions issued/approved by Owner. The tenderer will use the Specification and Drawings as his basis of the bid. For the avoidance of doubt, if something is shown on a drawing and/or in the Specification but not in the Bill of quantities it is the responsibility of the Contractor to have included for this item in his tender. Once the tender is accepted then everything contained on the drawings and included within the Specifications are deemed to be included within the Contract sum.

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    10. The Specification takes precedence over the drawings, but should any deviation be discovered between the two documents the Contractor must immediately inform the Construction Manager to resolve any differences. 11. Any drawing and or Specification which may be issued/revised after the tender, these may be in the form of addendum bills of quantities and/or variation instructions. The rates provided within the Bills of Quantities will be used to establish adds and/or omissions of the agreed Lump Sum bid/Contract. 12. All queries or doubts should be discussed during the pre-tender meetings. 13. If there will be any changes in the Drawing and/or Specifications issued through official Construction Manager's Instruction "CMI", the changes will be evaluated for the effected design versus Contracted works only, entirely re-measure based on revised design to derive cost impact will not be considered. 14. For new items of a dissimilar character and being carried out under similar conditions with significant deviation the agreed BOQ rates, Contractor to provide full substantiations including supplier's quotations, cost breakup and new unit rates analysis for the Engineer's review. In accordance to Clause 12.3 (Evaluation) of the Particular Conditions, 15% overhead and Profit will be considered. 15. There might be a numbers of value engineering to be implemented through the Construction period to meet the Project Budget Requirement and substantial cost reduction is anticipated. It is Owner's decision to make changes as he sees fit, and the Contractor shall not be entitled to claim for any damage, loss, expenditure arising as a direct and/or indirect consequence of the value engineering/cost reduction exercise. 16. The value engineering/ cost reduction to be notified through Construction Manager's Instruction "CMI" when it decides and Cost impacts arising thereon to be evaluated in accordance with Clause 13 [Variations and Adjustments] of the Conditions. Hence, the unit rates stipulated in the Bills of Quantities are not subject to adjustment irrespective of such increases or additional expenditure coming into effect as a result of the value engineering/cost reduction during the progress of the works.

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