The document provides details on calculating the recurring cost for interim payment no. 8 based on preliminaries work. It includes the contract price, initial cost, progressive cost and completion cost for preliminaries item A. It also lists additional information needed like the contract sum, contract period, prime cost sum, provisional sum and net value of work done for payment no. 8. The calculation requires prorating the value of work done and prorating the contract period to determine the recurring cost for preliminaries in the interim payment.
The document provides details on calculating the recurring cost for interim payment no. 8 based on preliminaries work. It includes the contract price, initial cost, progressive cost and completion cost for preliminaries item A. It also lists additional information needed like the contract sum, contract period, prime cost sum, provisional sum and net value of work done for payment no. 8. The calculation requires prorating the value of work done and prorating the contract period to determine the recurring cost for preliminaries in the interim payment.
The document provides details on calculating the recurring cost for interim payment no. 8 based on preliminaries work. It includes the contract price, initial cost, progressive cost and completion cost for preliminaries item A. It also lists additional information needed like the contract sum, contract period, prime cost sum, provisional sum and net value of work done for payment no. 8. The calculation requires prorating the value of work done and prorating the contract period to determine the recurring cost for preliminaries in the interim payment.
cost cost A Preliminaries RM1,373,700.00 RM650,250.00 RM450,000.00 RM55,200.00 work
Additional information:
1. Contract sum : RM 33,233,023.00
2. Contract period : 3 years 3. Prime cost sum : RM 1,377,975.00 4. Provisional sum : RM 888,800.00 5. Nett value work done : RM 8,050,850.00 (Payment no. 8)