Professional Documents
Culture Documents
Valuation Method: - Quantity - Progressive Method - Fixed Sales Method 4. Invoice Method - Invoice on Certificate. 5. Retention Money 6. Taxes & Duties: - Work Contract Tax (WCT) - Service Tax - Value Added Tax (VAT) 7. Price Escalation: - Indices - Contracts - Formula 8. Mobilization Advance: - Deduction against each running bills. 9. Work Breakdown Structure (WBS): - Project o Sub Project Activity 1 Activity 2 Revenue Activity 10. Define Budget & Forecast
Terms & condition 1. Mobilization advance and charges 2. Mobilization of equipment and manpower 3. Quantity variation 4. Insurance against deployment of manpower and equipment 5. Completion period or extension of the project 11. How to link the contracts with projects as well as with planning & monitoring.
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