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
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Monthly Recovery of Advance Repayment |
24,302,667.68 ETB
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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 |