Project Name

Client Name
Cost Report No……

ANNEXURE A - PROJECTED FINAL CONSTRUCTION COST OF THE PROJECT As at : 30 June 2010

Projected Final Cost to date AED GFA m2

Prev. Projected Final Cost AED Projected Rate/m2 AED
Variance AED Prev. Projected Rate/m2 AED

Projected Variance to Budget /

Project Value of Approved Value of
Contract Total Final Contract Allowance
Sr. No. Description Construction Changes / Contract Anticipated Remarks
Price(AED) Nos. Construction
Budget (AED) Adjustments Changes
Cost (AED) Amount %

A Main Construction Works - N/A

B Other Contributions

Annx D Approved Variations - xx - - -

Annx E Potential Variations xxx - - N/A
Annx F Approved Claims - x - - -
Annx G Potential Claims xx - - N/A
Annx H Adjusted PC Rates/Prov. Sums - - -

Annx I Adjusted Prov. Quantities Items - - -

Annx J Approved Value Engineering Proposals - xx - - -

Annx J Potential Value Engineering Proposals xx - - N/A

FINAL TOTAL (AED) - - - - - - #DIV/0! Overall variance to project construction budget as of 30 June 2010.

[Note : Funding source for the approved variations, claims etc. may be either from Project Contingecies or through additional budget as approved by the Client. Acoordingly project
construction budget needs to be updated and used for the reconciliation in this schedule, above mentioned figures and highlighted notes are only for guidance purpose. Project specific
notes should be included as required. Highlighted notes are only for guidance purpose]

Cost Report No.... - Projected Final Construction Cost Page 1 of 17 Year-Month

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ANNEXURE B - TRACKING SCHEDULE OF PROJECTED FINAL CONSTRUCTION COST As at : 30 June 2010

Sr. Budget Contract Projected Final Constrcution Cost (AED)

Item Description Remarks
No. (AED) Price(AED) This Month Last Month Apr-10 Mar-10 Feb-10 Jan-10 Dec-09 Nov-09 Oct-09 Sep-09

1 Main Construction Works as awarded 250,000,000 213,000,000 213,000,000 213,000,000 213,000,000 213,000,000 213,000,000 213,000,000 213,000,000 213,000,000 213,000,000 213,000,000

2 Other Contributions

A Approved Variations 5,000,000 - 5,750,000 4,500,000 - - - - - - - - Net value considered.

B Potential Variations - - 3,500,000 4,000,000 - - - - - - - - Net value considered.

C Approved Claims 14,000,000 - 14,000,000 7,000,000 - - - - - - - -

D Potential Claims - - 8,500,000 10,000,000 - - - - - - - -
E Adjusted PC Rates/Prov. Sums - - 14,500,000 9,200,000 - - - - - - - - Net value considered.

F Adjusted Prov. Quantities Items - - 9,500,000 5,500,000 - - - - - - - - Net value considered.

G Approved Value Engineering Proposals (8,000,000) - (7,500,000) (5,000,000) - - - - - - - - Net value considered.

H Potential Value Engineering Proposals - - (4,500,000) (6,000,000) - - - - - - - - Net value considered.

FINAL TOTAL (AED) 261,000,000 213,000,000 256,750,000 242,200,000 213,000,000 213,000,000 213,000,000 213,000,000 213,000,000 213,000,000 213,000,000 213,000,000

[Note : Figures shown are only for guidance purpose.]

End of Tracking Schedule of Projected Final Construction Cost

Cost Report No.... - Projected Final Cost Page 1 of 17 Year-Month

 Project Name
Client Name
Cost Report No……

ANNEXURE C - CONSTRUCTION CONTRACT AWARDED DETAILS As at : 30 June 2010

Award Details
Sr. No. Contract Description Contractor Remarks
LOA / Agreement Ref; Amount (AED)

A Constrcution Works Contract ABBB XXXX

1 Preliminaries xxxx
2 Site Work xxxx
3 Concrete Work xxxx
4 Masonry xxxx
5 Metal Work (excluding PC Rates Items indicated below) xxxx
a. Total of PC Rate item for Metal Cladding xxxx
b. Total of PC Rate item for Metal Frame xxxx
6 Woodwork xxxx
7 Thermal and Moisture Protection xxxx
8 Doors and Windows xxxx
9 Finishes (excluding PC Rates Items indicated below) xxxx
a. Total of PC Rate item for Ceiling in Lobby Area xxxx
b. Total of PC Rate item for Mrable in Lobby wall finishes xxxx
c. Total of PC Rate item for Porcelain tile in corridor floor finishes xxxx
10 Accessories xxxx
11 Equipment xxxx
12 Furnishings xxxx
13 Special Constrcution xxxx
14 Conveying Systems xxxx
15 Mechanical Engineering Installations xxxx
16 Electrical Engineering Installations xxxx
17 Provisional Sums
a. Provisional Sum A xxxx
b. Provisional Sum B xxxx
c. Provisional Sum C xxxx
d. Provisional Sum D xxxx

Total Contract Price

[Note : Highlighted notes are only for guidance purpose. ]

End of Contract Awarded Details

Cost Report No..- Contract Awarded Details Page 1 of 17 Year -Month

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Cost Report No……

ANNEXURE D - APPROVED VARIATIONS As at : 30 June 2010

Contractor's Variation Reason for Variation / Reason for

Consultant's Variation Assessment (AED) Final Agreed Variation Value (AED)
Sr. Details (AED) Cost overrun (Final - Provisional) of
Variation Description Instruction Reference
No. PVO/RFC Client Approved VO Variance to PVO Value the Final Value of the Variation (If
Sub. Ref; Net Total Net Total Net Total applicable)
Ref. (Y/N) Ref. Amount %

1 Eng. Instruction Ref… - #DIV/0!

2 Drag. Ref ……. - #DIV/0!
3 Site Instruction ref… - #DIV/0!
4 Response to RFI Ref. - #DIV/0!
5 VE Proposals - #DIV/0!
6 VE Proposals - #DIV/0!
7 - #DIV/0!
8 - #DIV/0!
9 - #DIV/0!
- #DIV/0!
- #DIV/0!
- #DIV/0!
- #DIV/0!
- #DIV/0!
- #DIV/0!
- #DIV/0!
- #DIV/0!
- #DIV/0!
- #DIV/0!
- #DIV/0!
- #DIV/0!
- #DIV/0!
- #DIV/0!
- #DIV/0!
- #DIV/0!

Net Total Carried to Projected Final Cost - Appendix A 0 0 0 0

End of Approved Variations

Cost Report No..- Approved Variations Page 1 of 17 Year -Month

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Client Name
Cost Report No……

ANNEXURE E - POTENTIAL / UNDER CONSIDERATION VARIATIONS As at : 30 June 2010

Contractor's Variation Details (AED), (If Details of Provisional (Consultant's)

any) Variation Assessment (AED)
Sr. No. Variation Description Instruction Reference Reason for Variation
Sub. Ref; Net Total PVO Ref. Net Total

1 Eng. Instruction Ref…

2 Drag. Ref …….
3 Site Instruction ref…
4 Response to RFI Ref.
5 VE Proposals
6 VE Proposals
7
8
9

Net Total Carried to Projected Final Cost - Appendix A 0 0

End of Potential Variations

Cost Report No..- Potential Variations Page 1 of 17 Year -Month

 Project Name
Client Name
Cost Report No……

ANNEXURE F - APPROVED CLAIMS As at : 30 June 2010

Contractor's Claim
Claim Initiation Consultant's Assessment of Claim Details of Awarded Claim Reason for the Claim / Reason for the
Sr. Details
Claim Description and Notification Client Approved Variance to Consultant Asses. Cost Overrun (Awarded - Consultant) of
No. Sub. Ref; Cost (AED) Ref. Cost (AED) Ref. Cost (AED)
References (Y/N) Amount % the Final Award (If applicable)

1 - #DIV/0!
2 - #DIV/0!
3 - #DIV/0!
4 - #DIV/0!
5 - #DIV/0!
6 - #DIV/0!
7 - #DIV/0!
8 - #DIV/0!
9 - #DIV/0!
- #DIV/0!
- #DIV/0!
- #DIV/0!
- #DIV/0!
- #DIV/0!
- #DIV/0!
- #DIV/0!
- #DIV/0!
- #DIV/0!
- #DIV/0!
- #DIV/0!
- #DIV/0!
- #DIV/0!

Net Total Carried to Projected Final Cost - Appendix A 0 0 0 -

End of Approved Claims

Cost Report No..- Approved Claims Page 1 of 17 Year -Month
 Project Name
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Cost Report No……

ANNEXURE G - POTENTIAL / UNDER CONSIDERATION CLAIMS As at : 30 June 2010

Claim Initiation and Contractor's Claim Details Consultant's Assessment of Claim

Sr.
Claim Description Notification Client Approved Reason for the Claim
No. Sub. Ref. Cost (AED) Ref. Cost (AED)
References (Y/N)

1
2
3
4
5
6
7
8
9

Net Total Carried to Projected Final Cost - Appendix A 0 0

Cost Report No..- Potential Claims Page 1 of 17 Year -Month

 Project Name
Client Name
Cost Report No……

ANNEXURE G - POTENTIAL / UNDER CONSIDERATION CLAIMS As at : 30 June 2010

Claim Initiation and Contractor's Claim Details Consultant's Assessment of Claim

Sr.
Claim Description Notification Client Approved Reason for the Claim
No. Sub. Ref. Cost (AED) Ref. Cost (AED)
References (Y/N)

End of Potential Claims

Cost Report No..- Potential Claims Page 2 of 17 Year -Month

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Client Name
Cost Report No……

ANNEXURE H - ADJUSTMENTS OF PC RATE ITEMS / PROVISIONAL SUMS As at : 30 June 2010

Engineer's BOQ Allowance (AED) Contractor's Submission of Adjustment (AED) Final Agreed Adjustment (AED) Net Adjustment Reason for execessive cost overruns
Sr. BOQ (AED)
Item Description Instruction Amount Subm. Omission Addition (Actual) Doc. Omission Addition (Actual) (excesive positive net adjustments) (If
No. Ref. PC Rate
Reference /PSum Ref. Amount / PSum Rate Amount Ref. Amount / PSum Rate Amount Amount % applicable)

A ADJSUTMENT OF PC RATE ITEMS

1 0 0 0 #DIV/0!
2 0 0 0 #DIV/0!
3 0 0 0 #DIV/0!
4 0 0 0 #DIV/0!
5 0 0 0 #DIV/0!
6 0 0 0 #DIV/0!
7 0 0 0 #DIV/0!
8 0 0 0 #DIV/0!
0 0 0 #DIV/0!
0 0 0 #DIV/0!
B ADJSUTMENT OF PROVISIONAL SUMS
1 0 0 0 #DIV/0!
2 0 0 0 #DIV/0!
3 0 0 0 #DIV/0!
4 0 0 0 #DIV/0!
5 0 0 0 #DIV/0!
6 0 0 0 #DIV/0!
0 0 0 #DIV/0!
0 0 0 #DIV/0!
0 0 0 #DIV/0!
0 0 0 #DIV/0!
0 0 0 #DIV/0!
0 0 0 #DIV/0!
0 0 0 #DIV/0!
0 0 0 #DIV/0!
Total Carried to Projected Final Cost - Appendix A 0 0 0 0 0 0

[Note: Only adjsuted items as of 30 June 2010 are shown above.]

End of Adjustment of PC Rates / Provisional Sums

Cost Report No..- Adjustment of PC/PSums Page 1 of 17 Year -Month

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Cost Report No……

ANNEXURE I - ADJUSTMENTS OF PROVISIONAL QUANTITIES ITEMS As at : 30 June 2010

Original BOQ Allowance (AED) Contractor's Claim (AED) Final Agreed Value (AED) Net Adjustment Reason for execessive cost overruns
Sr. BOQ (AED)
Item Description Prov. Sub Omission Addition (Actual) Doc. Omission Addition (Actual) (excesive positive net adjustments)
No. Ref. Unit Rate Amount
Qty Ref. Amount Qty Amount Ref. Amount Qty Amount Amount % (If applicable)

0 0 0 #DIV/0!
1 0 0 0 #DIV/0!
2 0 0 0 #DIV/0!
3 0 0 0 #DIV/0!
4 0 0 0 #DIV/0!
5 0 0 0 #DIV/0!
6 0 0 0 #DIV/0!
7 0 0 0 #DIV/0!
8 0 0 0 #DIV/0!
9 0 0 0 #DIV/0!
0 0 0 #DIV/0!
0 0 0 #DIV/0!
0 0 0 #DIV/0!
0 0 0 #DIV/0!
0 0 0 #DIV/0!
0 0 0 #DIV/0!
0 0 0 #DIV/0!
0 0 0 #DIV/0!
0 0 0 #DIV/0!
0 0 0 #DIV/0!
0 0 0 #DIV/0!
0 0 0 #DIV/0!
0 0 0 #DIV/0!
0 0 0 #DIV/0!
0 0 0 #DIV/0!
0 0 0 #DIV/0!
0 0 0 #DIV/0!
Total Carried to Projected Final Cost - Appendix A 0 0 0 0 0 0

[Note: Only adjsuted items as of 30 June 2010 are shown above.]

Cost Report No..- Adjustment of Prov. Quantities Page 1 of 17 Year -Month

 Project Name
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Cost Report No……

ANNEXURE I - ADJUSTMENTS OF PROVISIONAL QUANTITIES ITEMS As at : 30 June 2010

Original BOQ Allowance (AED) Contractor's Claim (AED) Final Agreed Value (AED) Net Adjustment Reason for execessive cost overruns
Sr. BOQ (AED)
Item Description Prov. Sub Omission Addition (Actual) Doc. Omission Addition (Actual) (excesive positive net adjustments)
No. Ref. Unit Rate Amount
Qty Ref. Amount Qty Amount Ref. Amount Qty Amount Amount % (If applicable)
End of Adjustment of Provisional Quantities

Cost Report No..- Adjustment of Prov. Quantities Page 2 of 17 Year -Month

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Cost Report No……

ANNEXURE J - VALUE ENGINEERING PROPOSALS As at : 30 June 2010

Details of Contractor's Details of Consultant's Asssessment

Owner of Details of Final Agreed Value of the Proposal (AED) Reason for cost overrun
Submission (AED) (AED)
Sr. No. Proposal Description the (Final - Original) of the VE
Proposal Client Approved Doc. Variance from Consultant's Assess. Proposal (If applicable)
Sub Ref. Net Total Doc. Ref. Net Total Net Total
(Y/N) Ref. Amount %

A APPROVED VALUE ENGINEERING PROPOSALS

1 0 #DIV/0!
2 0 #DIV/0!
3 0 #DIV/0!
4 0 #DIV/0!
5 0 #DIV/0!
6 0 #DIV/0!
0 #DIV/0!
0 #DIV/0!
0 #DIV/0!
Total Carried to Projected Final Cost - Appendix A 0 0 0 0

B POTENTIAL / UNDER CONSIDERATION VALUE ENGINEERING PROPOSALS

1 0 #DIV/0!
2 0 #DIV/0!
3 0 #DIV/0!
4 0 #DIV/0!
5 0 #DIV/0!
6 0 #DIV/0!
7 0 #DIV/0!
8 0 #DIV/0!
0 #DIV/0!
0 #DIV/0!
0 #DIV/0!
0 #DIV/0!

Total Carried to Projected Final Cost - Appendix A 0 0 0

Cost Report No..- Value Engineering Proposals Page 1 of 17 Year -Month

 Project Name
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Cost Report No……

ANNEXURE J - VALUE ENGINEERING PROPOSALS As at : 30 June 2010

Details of Contractor's Details of Consultant's Asssessment

Owner of Details of Final Agreed Value of the Proposal (AED) Reason for cost overrun
Submission (AED) (AED)
Sr. No. Proposal Description the (Final - Original) of the VE
Proposal Client Approved Doc. Variance from Consultant's Assess. Proposal (If applicable)
Sub Ref. Net Total Doc. Ref. Net Total Net Total
(Y/N) Ref. Amount %
End of VE Proposals

Cost Report No..- Value Engineering Proposals Page 2 of 17 Year -Month

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Cost Report No……

ANNEXURE K - CUMULATIVE VALUE OF WORKDONE As at : 30 June 2010

Value of Work Done Percentage

BOQ
Description Contract Price (AED) Cumulative Cumulative To Cum. Cum. To Remarks
Bill No. This Month This Month
Previous date Previous date
1 Preliminaries 15,000,000.00 1,111,110.00 500,000 1,611,110 7% 3% 11%

2 Site Work 2,000,000.00 25,000.00 250,000 275,000 1% 13% 14%

3 Concrete Work 35,000,000.00 25,000.00 35,000 60,000 0% 0% 0%
4 Masonry 250,000.00 5,000.00 35,000 40,000 2% 14% 16%
5 Metal Work 3,500,000.00 - - - 0% 0% 0%
6 Wood Work 35,000.00 - - - 0% 0% 0%
7 Thermal and Moisture Protection 450,000.00 - - - 0% 0% 0%
8 Doors and Windows 455,550.00 - - - 0% 0% 0%
9 Finishes 44,444,444.00 - - - 0% 0% 0%
10 Accessories 4,455,547.00 - - - 0% 0% 0%
11 Equipment 11,010,000.00 - - - 0% 0% 0%
12 Furnishings 1,134,454.00 - - - 0% 0% 0%
13 Special Construction 123,111.00 - - - 0% 0% 0%
14 Conveying Systems 2,111,213.00 - - - 0% 0% 0%
15 Mechanical Engineering Installations 75,000,000.00 - - - 0% 0% 0%
16 Electrical Engineering Installations 155,100.00 - - - 0% 0% 0%
17 Provisional Sums 11,111,000.00 - - - 0% 0% 0%
18 Day Works -

Adjustments 2% ( Bill 1-16) (3,902,488.38) 23,322.20 16,400.00 39,722.20 -1% 0% -1%

Sub Total 202,332,930.62 1,189,432.20 836,400.00 2,025,832.20 10% 30% 40%

19 Variations 15,000,000.00 - 1,000,000 1,000,000 0% 7% 7%

Total 217,332,930.62 1,189,432.20 1,836,400.00 3,025,832.20 10% 36% 46%

[Note : Figures used are only for guidance purpose]

End of Cumulative Value of Workdone

Cost Report No...- Cumulative Value of Workdone Page 1 of 17 Year-Month

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Cost Report No……

ANNEXURE L - CASHFLOW PROJECTION VS ACTUAL PAYMENTS As at : 30 June 2010

Forecast Actual
Adv Payment
Retention
Retention Recovery @ Monthly Accumulated Actual Advance Payment Accumulated
Val * Forecast of % % of % % Recovery Monthly Certified % of %
Period % @ 10% appr. 13.7% Forecast (AED) Monthly Forecast Valuation % Recovery (AED) Actual Certified
No Valuation (AED) Cumm Total Cumm Cumm (AED) (AED) Total Cumm
(AED) (AED) (AED) (AED) (AED)

Jun-10 50,500,000 - - 50,500,000 13.74% 50,500,000 50,500,000 - - 50,500,000 13.74% 50,500,000

1 Jul-10 7,200,000 1.96% 1.96% (720,000) (989,024) 5,490,976 1.49% 1.49% 55,990,976 15,000,000 4.08% 4.08% (1,500,000) (1,522,688) 11,977,312 3.26% 3.26% 62,477,312
2 Aug-10 11,200,000 3.05% 5.00% (1,120,000) (1,538,482) 8,541,518 2.32% 3.82% 64,532,493 15,000,000 4.08% 8.16% (1,500,000) (2,347,050) 11,152,950 3.03% 6.29% 73,630,262
3 Sep-10 11,900,000 3.24% 8.24% (1,190,000) (1,634,638) 9,075,362 2.47% 6.29% 73,607,855 9,000,000 2.45% 10.61% (900,000) (2,277,579) 5,822,421 1.58% 7.88% 79,452,683
4 Oct-10 12,300,000 3.35% 11.59% (1,230,000) (1,689,583) 9,380,417 2.55% 8.84% 82,988,272
5 Nov-10 1,370,000 0.37% 11.96% (137,000) (188,189) 1,044,811 0.28% 9.12% 84,033,083
6 Dec-10 13,300,000 3.62% 15.58% (1,330,000) (1,826,948) 10,143,052 2.76% 11.88% 94,176,135
7 Jan-11 13,200,000 3.59% 19.17% (1,320,000) (1,813,211) 10,066,789 2.74% 14.62% 104,242,923
8 Feb-11 12,100,000 3.29% 22.46% (1,210,000) (1,662,111) 9,227,889 2.51% 17.13% 113,470,813
9 Mar-11 15,700,000 4.27% 26.73% (1,570,000) (2,156,623) 11,973,377 3.26% 20.39% 125,444,190
Construction Period

10 Apr-11 14,800,000 4.03% 30.76% (1,480,000) (2,032,995) 11,287,005 3.07% 23.46% 136,731,195
11 May-11 16,900,000 4.60% 35.35% (1,690,000) (2,321,460) 12,888,540 3.51% 26.96% 149,619,735
12 Jun-11 18,250,000 4.96% 40.32% (1,825,000) (2,506,902) 13,918,098 3.79% 30.75% 163,537,833
13 Jul-11 18,300,000 4.98% 45.29% (1,830,000) (2,513,770) 13,956,230 3.80% 34.54% 177,494,063
14 Aug-11 18,900,000 5.14% 50.44% (1,890,000) (2,596,189) 14,413,811 3.92% 38.46% 191,907,873
15 Sep-11 18,175,000 4.94% 55.38% (1,817,500) (2,496,600) 13,860,900 3.77% 42.23% 205,768,773
16 Oct-11 18,400,000 5.00% 60.38% (1,840,000) (2,527,507) 14,032,493 3.82% 46.05% 219,801,267
17 Nov-11 18,400,000 5.00% 65.39% (1,840,000) (2,527,507) 14,032,493 3.82% 49.87% 233,833,760
18 Dec-11 14,500,000 3.94% 69.33% (1,450,000) (1,991,785) 11,058,215 3.01% 52.88% 244,891,974
19 Jan-12 14,300,000 3.89% 73.22% (1,430,000) (1,964,312) 10,905,688 2.97% 55.84% 255,797,662
20 Feb-12 12,630,000 3.44% 76.66% (1,263,000) (1,734,914) 9,632,086 2.62% 58.46% 265,429,748
21 Mar-12 14,250,000 3.88% 80.54% (1,425,000) (1,957,444) 10,867,556 2.96% 61.42% 276,297,304
22 Apr-12 12,400,000 3.37% 83.91% (1,240,000) (1,703,320) 9,456,680 2.57% 63.99% 285,753,984
23 May-12 10,100,000 2.75% 86.66% (1,010,000) (1,387,382) 7,702,618 2.10% 66.09% 293,456,603
24 Jun-12 49,060,000 13.34% 100.00% (4,906,000) (6,739,103) 37,414,897 10.18% 76.26% 330,871,500
25 Jul-12 - 18,381,750 - 18,381,750 5.00% 81.26% 349,253,250
26 Aug-12 - - - - 0.00% 81.26% 349,253,250
27 Sep-12 - - - - 0.00% 81.26% 349,253,250
Defects Liability Period

28 Oct-12 - - - - 0.00% 81.26% 349,253,250

29 Nov-12 - - - - 0.00% 81.26% 349,253,250
30 Dec-12 - - - - 0.00% 81.26% 349,253,250
31 Jan-13 - - - - 0.00% 81.26% 349,253,250
32 Feb-13 - - - - 0.00% 81.26% 349,253,250
33 Mar-13 - - - - 0.00% 81.26% 349,253,250
34 Apr-13 - - - - 0.00% 81.26% 349,253,250
35 May-13 - - - - 0.00% 81.26% 349,253,250
36 Jun-13 - 18,381,750 - 18,381,750 5.00% 86.26% 367,635,000
Totals 367,635,000 100% - (50,500,000) 317,135,000 100% 86.26% 367,635,000 89,500,000 (3,900,000) (6,147,317) 79,452,683 21.61%

LEGEND

Advance Payment Release of 50% of Retention following the issuing of Release of balance Retention following successful completion of the Defects Liability Period.

* Refer to Contractors' cashflow submitted; Ref; XXXXXXXX

Project Name
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Cost Report No……

ANNEXURE L - CASHFLOW PROJECTION VS ACTUAL PAYMENTS As at : 30 June 2010

Monthly Forecast (AED) Monthly Certified (AED)

Forecast Cashflow vs. Actual Payment Accumulated Monthly Forecast (AED) Accumulated Actual Certified (AED)

350,000,000

300,000,000

250,000,000

200,000,000

150,000,000

100,000,000

50,000,000

-
Jun-10

Oct-10

Jan-11

Apr-11

May-11

Jun-11

Oct-11

Jan-12

Apr-12

May-12

Jun-12

Oct-12

Jan-13

Apr-13

May-13

Jun-13
Jul-10

Aug-10

Sep-10

Nov-10

Dec-10

Feb-11

Mar-11

Jul-11

Aug-11

Sep-11

Nov-11

Dec-11

Feb-12

Mar-12

Jul-12

Aug-12

Sep-12

Nov-12

Dec-12

Feb-13

Mar-13
Notes
1 The cashflow projection is based on a Contract Award Value of Dhs 367,635,000.00
2 The cashflow projects the value of the Main Package only.
3 The cashflow assumes an Advance Payment of Dhs 55,500,000 (13.74% of Contract Value) will be paid in May 2010 and will be recovered
at the same rate per month from the 1st Payment Certificate.
4 The cashflow assumes retention of 10% of the value of the monthly progress payments up to a maximum of 10% of the Contract Value.
5 The cashflow is based on a 24 month Contract Period commencing in July 2010
6 The cashflow assumes on time completion of the project.
7 The cashflow is based on the industry accepted S-curve calculation for the projection of Building Works over the Contract Period.
8 Please note that a non binding cashflow is to be submitted by the Contractor under sub-clause 14.4 of the Contract.
Project Name
Client Name
Cost Report No……

ANNEXURE L - CASHFLOW PROJECTION VS ACTUAL PAYMENTS As at : 30 June 2010

End of Cashflow Projection vs Actual Payments