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Module IV Part 7

The document discusses FIDIC Module IV, which provides guidance on interim payments for construction contracts. It outlines the general data required, including the expiry date of performance and current security. It then lists the items to be included in an interim payment certificate, such as the estimated value of work completed, approved variations, retention amounts, advance payments and deductions. The module provides a template for submitting interim payment applications and calculating the payment due.

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Yimo Wang
Copyright
© © All Rights Reserved
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Download as PDF, TXT or read online on Scribd
31 views

Module IV Part 7

The document discusses FIDIC Module IV, which provides guidance on interim payments for construction contracts. It outlines the general data required, including the expiry date of performance and current security. It then lists the items to be included in an interim payment certificate, such as the estimated value of work completed, approved variations, retention amounts, advance payments and deductions. The module provides a template for submitting interim payment applications and calculating the payment due.

Uploaded by

Yimo Wang
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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FIDIC Module IV

INTERNATIONAL FEDERATION OF CONSULTING ENGINEERS – WORLD TRADE CENTER – GENEVA – SWITZERLAND – WWW.FIDIC.ORG 91
FIDIC Module IV

INTERNATIONAL FEDERATION OF CONSULTING ENGINEERS – WORLD TRADE CENTER – GENEVA – SWITZERLAND – WWW.FIDIC.ORG 92
FIDIC Module IV

INTERNATIONAL FEDERATION OF CONSULTING ENGINEERS – WORLD TRADE CENTER – GENEVA – SWITZERLAND – WWW.FIDIC.ORG 93
FIDIC Module IV
Application for Interim Payment
General Expiry date of Performance: {Insert data}
data Security at the time of application: {Insert data}

Items as per Sub-Clause 14.3


Item a Estimated contract value of the Works executed up to the end of the month
as per Contract
Variation
Item b Amounts in accordance with Sub-Clause 13.7 as determined by Engineer
(excluding
Amounts in accordance with Sub-Clause 13.8 as determined by Engineer Advanced
Item c x % retention as stated in the Appendix to Tender until the amount so retained Payment and
reaches x % of the Contract Price deductions &
repayments of
Item d Advance payment in accordance to Sub-Clause 14.2: x % of the Contract Price as retention)
stated in the Appendix to Tender
Deductions for repayment as per Sub-Clause 14.2 25 % of IPC
Item e Amounts in accordance to Sub-Clause 14.5

Item f Additions or Deductions which have become due under the Contract (inter alia:
Employer´s Claims), including those under Clause 20 (Determination, DAB decision
etc.)
Item g Deduction of amounts certified in all previous Payment Certificates

IPC Amount
94
INTERNATIONAL FEDERATION OF CONSULTING ENGINEERS – WORLD TRADE CENTER – GENEVA – SWITZERLAND – WWW.FIDIC.ORG
Dr. Götz-Sebastian Hök
FIDIC Module IV

INTERNATIONAL FEDERATION OF CONSULTING ENGINEERS – WORLD TRADE CENTER – GENEVA – SWITZERLAND – WWW.FIDIC.ORG 95
FIDIC Module IV

INTERNATIONAL FEDERATION OF CONSULTING ENGINEERS – WORLD TRADE CENTER – GENEVA – SWITZERLAND – WWW.FIDIC.ORG 96
FIDIC General Conditions of Contract

INTERNATIONAL FEDERATION OF CONSULTING ENGINEERS – WORLD TRADE CENTER – GENEVA – SWITZERLAND – WWW.FIDIC.ORG 97
FIDIC General Conditions of Contract
Proposals Notices

Engineer´s
Copies
records

Monthly
Programme
reports
Client

Contemporary
records
98
INTERNATIONAL FEDERATION OF CONSULTING ENGINEERS – WORLD TRADE CENTER – GENEVA – SWITZERLAND – WWW.FIDIC.ORG
Dr. Götz-Sebastian Hök
FIDIC General Conditions of Contract

99
INTERNATIONAL FEDERATION OF CONSULTING ENGINEERS – WORLD TRADE CENTER – GENEVA – SWITZERLAND – WWW.FIDIC.ORG
Dr. Götz-Sebastian Hök
FIDIC General Conditions of Contract

100
INTERNATIONAL FEDERATION OF CONSULTING ENGINEERS – WORLD TRADE CENTER – GENEVA – SWITZERLAND – WWW.FIDIC.ORG
Dr. Götz-Sebastian Hök
FIDIC Module IV

101
INTERNATIONAL FEDERATION OF CONSULTING ENGINEERS – WORLD TRADE CENTER – GENEVA – SWITZERLAND – WWW.FIDIC.ORG
Dr. Götz-Sebastian Hök
FIDIC Module IV

102
INTERNATIONAL FEDERATION OF CONSULTING ENGINEERS – WORLD TRADE CENTER – GENEVA – SWITZERLAND – WWW.FIDIC.ORG
Dr. Götz-Sebastian Hök
FIDIC Module IV

103
INTERNATIONAL FEDERATION OF CONSULTING ENGINEERS – WORLD TRADE CENTER – GENEVA – SWITZERLAND – WWW.FIDIC.ORG
Dr. Götz-Sebastian Hök
FIDIC Module IV

INTERNATIONAL FEDERATION OF CONSULTING ENGINEERS – WORLD TRADE CENTER – GENEVA – SWITZERLAND – WWW.FIDIC.ORG 104
FIDIC Module IV

INTERNATIONAL FEDERATION OF CONSULTING ENGINEERS – WORLD TRADE CENTER – GENEVA – SWITZERLAND – WWW.FIDIC.ORG 105

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