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Fadi,
As per the AEB instruction, HVAC works will be carried out by the M/S Khimji from where Iskan has
completed. AEB looks forward the saving for the rest of HVAC works.
HVAC value comprises with BOQ amount + HVAC variation Amount.
Hence , saving for the above work to be calculated as below.
Saving for the BOQ value
Saving for the Variation Amount
1).Saving for the BOQ value = BOQ value for HVAC Iskan Completed works (only duct works)
Tender drawing value is 30% higher than the BOQ value ( this value reflects in the variation and
probably AEB may concern the saving from this value)
2) Saving for the variation = Total variation amount {Iskan completed works (only duct works)+Power
supply amount)