INTERNAL MEMORANDUM

To
From

Subject

PROJECT CODE Data Date

PROJECT NAME Print Date
Rev
KEY CONTRACT TERMS
1 CONDITIONS OF CONTRACT FIDIC 1999
2 CONTRACT DURATION 11 MONTHS
3 PAYMENT STRUCTURE
ADVANCE PAYMENT NIL
CERTIFICATION PERIOD 28 DAYS
PAY. PERIOD AFTER CERTIFICATION 56 DAYS
4 PENALTY FOR DELAY .10%/DAY MAX. 10% OF CV

Dear Sir,
Our endeavour is to achieve the Revised Operational Budget of RO ___________ at a Gross Margin of _____%.
The details are given below :

Initial Expected Revised

Sr.
Description As Per Contract Tender Budget Operational Closeout Value Operational
No. Budget as on 31.12.2021 Budget

A CIVIL WORKS
1 Preliminaries
2 Labour
3 Material (Civil)
4 Plant (Direct)
5 Sub Contractors
TOTAL - - -
OVERHEAD & PROFIT - - -
OH & P (%) #DIV/0! #DIV/0! #DIV/0!
GP MARGIN (%) #DIV/0! #DIV/0! #DIV/0!

PROJECT REVENUE - - - -

Kindly, accord your approval to proceed with the CANDY budget & upload to Buildsmart for commencement of works.

Kind regards,

Approved by: CHAIRMAN

KEY NOTES ON TENDER VS OPERATIONAL BUDGET VS REVISED OPERATIONAL BUDGET

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