AI insight
An escalated contract needs a decision
Open claims: 3; pending variations worth SAR 3.8M. A settlement session with the contractor is advised before deciding the next certificate.
Confidence84%
WRDA/2024/003
Terms, guarantees, milestones, variation orders and payment certificates.
From original to current value
Variations pending: 1 worth SAR 3.8M — if approved the value becomes SAR 377.2M
72% of the current value paid
Paid
268.9Mof a current value of SAR 373.4M
AI insight
Open claims: 3; pending variations worth SAR 3.8M. A settlement session with the contractor is advised before deciding the next certificate.
Design, supply, build and commission a 60,000 m³/day plant with trunk mains and two pumping stations, plus 12 months of trial operation.
Monthly certificates on quantities measured and certified by the consultant, paid within 30 days of approval; the advance is recovered from each certificate.
Payment period
30 days
Retention
10%
Released at final acceptance
Advance payment
10%
Recovered from certificates
Penalty cap
10%
Of the contract value
Defects liability
12 months
After substantial completion
Bar: paid share of the value; gold mark: today
Met: 2 of 4
| Measure | Target | Achieved | Breach penalty |
|---|---|---|---|
| HSE incident notification | within 24 h | 2 reported after 48 h | 50K |
| Non-conformance close-out | within 14 days | average 23 days | 25K |
| Monthly progress report | by the 5th of the month | on time | — |
| Actual vs planned manpower | at least 90% | 94% | — |
Integration-ready for EtimadIntegration-ready
Etimad reference: 2401220043
The integration layer is in place; data exchange starts once the permissions and interfaces are granted.
Bank guarantees and insurance policies with their expiry