BOG/2024/006
Terms, guarantees, milestones, variation orders and payment certificates.
From original to current value
Variations pending: 1 worth SAR 18.6M — if approved the value becomes SAR 602.6M
64% of the current value paid
Paid
371.5Mof a current value of SAR 584M
AI insight
Open claims: 2; pending variations worth SAR 18.6M. A settlement session with the contractor is advised before deciding the next certificate.
Open claims
2
of 3 claims
Extension days claimed
150 days
If granted, it ends on 2027-05-30
Amounts claimed
SAR 1.3M
0.2% of the contract value
Extension granted
None
From earlier claims
Extensions of time, cost claims and disputes
CLM-0006DisputeEscalated
Dispute over delay penalties on certificate 25
The contractor asks to lift the SAR 1.25M deduction until the extension is decided
CLM-0004Extension of timeIn review
Extend the contract by 150 days
Variations 2, 5 and 7 and late drawing approvals
CLM-0005Cost claimRejected
Rebar price escalation
Price adjustment request under art. 68
