ABSTRACT
NOTES Refer to the example calculation of Preliminaries and Oncosts and Profits in Part 2
CONTRACTUAL REQUIREMENTS
Performance bond The cost of the bond will relate to the nature and degree of difficulty and risk inherent in the type of works intended, the perceived ability and determination of the Contractor to complete them, his financial status and whether he has a proven track record in this field with the provider. Refer to the discussion of the matter in Part 2, Preliminaries
Insurance of the Works Refer to the discussion of the matter in Part 2, Preliminaries
Third party insurance Refer to the discussion of the matter in Part 2, Preliminaries
SPECIFIED REQUIREMENTS
General This section entails the listing of services and facilities over and above the ‘Permanent Works’ which the Contractor would be instructed to provide in the Contract Documents.
