Ayat Square on the way to Tafo
Ayat Square on the way to Tafo
+251 116 631 260

ብልፅግና ፓርቲ ዋና ፅ/ቤት ግንባታ ፕሮጀክት

PROSPERITY PARTY (PP)

ብልፅግና ፓርቲ ዋና ፅ/ቤት ግንባታ ፕሮጀክት PROSPERITY PARTY (PP)

PROSPERITY PARTY (PP)

Project Particulars

Project Particulars
Contractor TNT CONSTRUCTION& TRADING
Client PROSPERITY PARTY (PP)
Consultant: Eng. S7 ARCHITECTS
Project Construction of 2B+G+9 PP Head Office Building
Project Contractual highlights Main contract Supp. Agr. No.3
Date of contract Signature Nov 03,2016 Apr 06,2023
Commencement Date Aug 1,2017
Contract Duration 730 Calendar days 180 Calendar days
Date of Hand over of the site
Completion Date Aug 1,2019 Oct 3,2023
Time for contractor’s Mobilization
Defect Liability Period
Amount of Liquidated Damege
Minimum amount of Payment Certificate 4,185,215.42 ETB
Amount of Retention      41,650,233.12 ETB

 

Monthly Recovery of Advance Repayment 24,302,667.68 ETB

 

Types of Contract BOQ (Unit prices)
Initial Contract amount 399,426,335.37 ETB
Contract amount (with VAT & contingency) 459,340,285.67 ETB
Time Extension due to 600days
Supplementary Agreement 192,825,602.70 ETB
Variations 40,395,581.69 ETB
Total Contract Period 1330 Calendar days 1330 +180 Calendar days
Revised Completion date Mar 23,2021
Current status Rectification of leakage at Terace & Remaining Sound system