You are on page 1of 1

[Construction Work] Section I.

Instruction to Bidder
[R Project] Page : 1 of 1

TERMS SUMMARY FOR BIDDER

No. Subject Description Refer to


1 Owner (Name of Company) -

2 Contractor GS Engineering & Construction Corp. -

3 Subcontractor (Name of Bidder)

4 Effective Date SA 1st Sentence

5 Scope of Work Appendix A

6 Subcontract Price SA 4.1

7 Bill of Quantities Appendix C

8 Escalation ITB 14

9 Bid Validity ITB 11

10 Payment Schedule Appendix D

11 Advance Payment SA 5.1 / GTC 34

12 Retention Money SA 5.3 / GTC 36

13 Interim Payment GTC 35

14 Commencement SA 7 / GTC 13

15 Completion SA 8

16 Advance Payment Bond SA 6.1

17 Retention Bond SA 6.3

18 Performance Bond SA 6.2 / GTC 10

20 Issuing Bank of Bonds Appendix C

21 Warranty Period SA 9

22 Liquidated Damages SA 10 / GTC 33

23 Insurance SA 11 / GTC 28

24 Governing Law SA 14

25 Dispute Settlement SA 15

26

27

ITB : Instruction to Bidder


SA : Subcontract Agreement
GTC : General Terms and Conditions

You might also like