Contract

No:

Type of Work - ROAD WORKS

F = 0.869*(V-Vna)*(Itc - Itb)/Itb CIDA Simplified Formular

PRICE ADJUSTMENT FOR LOCAL CURRENCY COMPONENT

(a) (b) (C )

(Current Valuation+MAS 80%) -(Previous

Price Adjus.
Bill Submision Valuation+MAS 80%) This Period This Period
Certificate No: Period Ending Relevant Quarter 0.869(V-Vna) Factors Total Amount (cumulative)
Date (V) (Vna)
V MAS (80%) (b)x(c)

4th Quarter
IPC-01 Dec-20 31-Dec-20 18,195,133.26 18,195,133.26 229,308.28 15,612,301.91 0.0127867619 199,630.79 199,630.79
2020
4th Quarter
IPC-02 Dec-21 5-Jan-21 6,809,800.88 6,809,800.88 77,588.74 5,850,292.35 0.1709289206 999,984.16 999,984.16
2021
IPC-03 Nov-22 1-Nov-22 4th Quarter 9,232,175.90 9,232,175.90 399,608.85 7,675,500.77 0.2946600000 2,261,663.06
2022
4th Quarter
IPC-04 Dec-22 31-Dec-22 2,184,934.02 2,184,934.02 219,903.34 1,707,611.66 0.2946600000 503,164.85
2022

Cumulative Total Workdone 36,422,044.06 1,199,614.94

Prepared by : …………………………… Checked & Forwarded by : ……………………….. Certified by :…………………..