BOG/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.
Open claims
3
of 3 claims
Extension days claimed
120 days
If granted, it ends on 2027-01-28
Amounts claimed
SAR 9M
2.4% of the contract value
Extension granted
None
From earlier claims
Extensions of time, cost claims and disputes
CLM-0001Extension of timeIn review
120-day extension — late vacating of parts of the existing complex
General Conditions art. 46 — late site handover by the Board while hearings continued
CLM-0003DisputeOpen
Dispute over delay penalties on certificate 33
The contractor holds the delay was caused by variation 1
CLM-0002Cost claimSubmitted
Prolongation costs
Site overheads for the extended period
