This document is an advance payment certificate for a construction project in Doha, Qatar. It certifies that Excel Contracting Co. is due an advance payment of 12,500,000 Qatari Riyals, which is 10% of the original 125,000,000 Qatari Riyal contract sum. The project is for the construction of a multi-use building and has a completion date of January 21, 2025. This payment is the first certificate issued and covers the advance payment period.
This document is an advance payment certificate for a construction project in Doha, Qatar. It certifies that Excel Contracting Co. is due an advance payment of 12,500,000 Qatari Riyals, which is 10% of the original 125,000,000 Qatari Riyal contract sum. The project is for the construction of a multi-use building and has a completion date of January 21, 2025. This payment is the first certificate issued and covers the advance payment period.
This document is an advance payment certificate for a construction project in Doha, Qatar. It certifies that Excel Contracting Co. is due an advance payment of 12,500,000 Qatari Riyals, which is 10% of the original 125,000,000 Qatari Riyal contract sum. The project is for the construction of a multi-use building and has a completion date of January 21, 2025. This payment is the first certificate issued and covers the advance payment period.
This document is an advance payment certificate for a construction project in Doha, Qatar. It certifies that Excel Contracting Co. is due an advance payment of 12,500,000 Qatari Riyals, which is 10% of the original 125,000,000 Qatari Riyal contract sum. The project is for the construction of a multi-use building and has a completion date of January 21, 2025. This payment is the first certificate issued and covers the advance payment period.
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Excel Contracting Co. W.L.L.
Qatar
ADVANCE PAYMENT CERTIFICATE
Project Name : Construction of Multi Use Building, Doha, Qatar Project No. : EQS-2022/0001 Guarantee & Insurance Entity Expiry Date Con / Sub Contractor's Name : Excel Contracting Co. W.L.L. Performance Bond : Doha Bank 23-Jan-25 Con / Sub Contractor's Ref. : CLIENT/2022/0001 Advance Guarantee : Doha Bank 23-Jan-25 Description of Work : Construction of Multi Use Building, Doha, Qatar CAR Insurance : Qatar Insurance Co. 23-Jan-25 Commencement Date : 30-Jul-2022 TP Insurance : Qatar Insurance Co. 23-Jan-25 Completion Date : 21-Jan-2025 Workmans Compensation : Qatar Insurance Co. 23-Jan-25 Extended Completion Date : NA Welfare Policy : Qatar Insurance Co. 23-Jan-25 Contract Type : Measure & Pay Plant Insurance : Qatar Insurance Co. 23-Jan-25 Currency : QAR Original Contract Sum : 125,000,000.00 Invoice No: IPA-01/AUG/2022 Value of Variations to Date : - Invoice Date: 28-Aug-22 Contract Sum to Date : 125,000,000.00 Payment Due on: 18-Sep-22 Payment Terms: 21 days
This certificate for payment is issued under the terms of the above mentioned Contract.
Certification No.: 01 Period Covered: Advance Payment Certification Date: 15-Sep-22
Sr. No Description Previous Certified This Month Certified Cumulative Certified
A Value of Work Done (Original Scope) :
Work Done B Value of Work Done (Approved Variation) : C SUB-TOTAL 01 GROSS VALUATION (A+B), QR : - - - Retention D Retention Withheld (10% of C) : 10% E Retention Release (10% of C) : 10% Advance Payment F Advance Payment : 10% - 12,500,000.00 12,500,000.00 G Advance Recovery (10% of (C-D-F)) : 10% Materials On / Off Site Deductions H Materials On / Off Site (MOS) Payment : I Materials On / Off Site (MOS) Recovery : J Claims (+/-) Damages / On Hold / Other Deductions K Delay Damages / Penalties : L Other Deductions : M SUB-TOTAL 02 GROSS VALUATION (D to L), QR : - 12,500,000.00 12,500,000.00
N Total Payment Certified till date including this Certificate : 12,500,000.00
Payable Details O Previous Certified Payments : - P AMOUNT DUE FOR PAYMENT : 12,500,000.00
Amount in Words: Qatar Riyals Twelve Million Five Hundred Thousand Only.
