Repayment of the Advance Payments shall be: Deductions from Payment Certificates will commence inthe First ceruficate in which the value of works executed exceeds 30% ofthe Contract Price. Deduction will be atthe rate of 56 of advance payment x 100/{80-30) ofthe respective Monthly Interim Payment Certificate until such time as the advance payment has been repaid; provided that the advance payment shall be completely repaid prior to the lend of 80 % ofthe approved contract period.% from each payment certificate GCC 58.1 [The Performance Security amount is Within Fifteen (15) days ofthe receipt af eter of Acceptance from the Employer, the successful Bidder shall furish the performance security in accordance with the Conditions of Contract, as specified below from A. class Commercial Bank using Sample Form for the Performance Security included in Section x (Contract Forms), or another form acceptable to the Employer. The performance security issued by any foreign Bank outside Nepal must be counter guaranteed by an A" lass commercial Bank in Nepal.) IF bid price of the bidder selected for aeceptance is upto 15 (fifteen) percent below the approved cost. estimate, the performance security amaunt shall be 5 five) percent ofthe bid price. (i) For the bid price ofthe bidder selected for acceptance is more than 15 (Aifeen) percent below ofthe cos estimate, the performance security Jamount stall be determined as follows: Performance Security Amount =| (0.85 x Cost Estimate -Bid Price) x 0.5] % of Bid Price. NPR G. Finishing the Contract ccc 72.1 The date by which operating and maintenance manuals ae required is NA The date by which “as built” drawings are required is 30 after completion eco 72.2 The amount to be withheld for falling to produce “as bullt” drawings and/or operating and maintenance manuals by the date eequied in GCC 72.1 fs 100000,00NPR GCC 73.2 (H) The maximum number of days Is 200 days GCOT.1 The percentage to apply (othe value of the work not completed, representing the Employer's ad completing the Works, 1s 100 %