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Module IV Part 4

The document discusses FIDIC Module IV, which covers contract administration and management. It addresses topics like interim payment certificates, progress reporting on completed, uncompleted and defective works, retention amounts, and the application process for interim payments. Diagrams and examples are provided to illustrate concepts like the relationship between progress and interim payment quantum, and the structure of an interim payment certificate including line items for estimated works value, variations, retention amounts, advances, deductions and the resulting interim payment amount.

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Yimo Wang
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0% found this document useful (0 votes)
110 views15 pages

Module IV Part 4

The document discusses FIDIC Module IV, which covers contract administration and management. It addresses topics like interim payment certificates, progress reporting on completed, uncompleted and defective works, retention amounts, and the application process for interim payments. Diagrams and examples are provided to illustrate concepts like the relationship between progress and interim payment quantum, and the structure of an interim payment certificate including line items for estimated works value, variations, retention amounts, advances, deductions and the resulting interim payment amount.

Uploaded by

Yimo Wang
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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 46
Module IV

INTERNATIONAL FEDERATION OF CONSULTING ENGINEERS – WORLD TRADE CENTER – GENEVA – SWITZERLAND – WWW.FIDIC.ORG 47
Module IV

INTERNATIONAL FEDERATION OF CONSULTING ENGINEERS – WORLD TRADE CENTER – GENEVA – SWITZERLAND – WWW.FIDIC.ORG 48
FIDIC Module IV

INTERNATIONAL FEDERATION OF CONSULTING ENGINEERS – WORLD TRADE CENTER – GENEVA – SWITZERLAND – WWW.FIDIC.ORG 49
FIDIC Module IV

50
INTERNATIONAL FEDERATION OF CONSULTING ENGINEERS – WORLD TRADE CENTER – GENEVA – SWITZERLAND – WWW.FIDIC.ORG
Dr. Götz-Sebastian Hök
FIDIC Module IV

51
INTERNATIONAL FEDERATION OF CONSULTING ENGINEERS – WORLD TRADE CENTER – GENEVA – SWITZERLAND – WWW.FIDIC.ORG
Dr. Götz-Sebastian Hök
FIDIC Module IV

52
INTERNATIONAL FEDERATION OF CONSULTING ENGINEERS – WORLD TRADE CENTER – GENEVA – SWITZERLAND – WWW.FIDIC.ORG
Dr. Götz-Sebastian Hök
FIDIC Module IV

53
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 54
FIDIC Module IV

INTERNATIONAL FEDERATION OF CONSULTING ENGINEERS – WORLD TRADE CENTER – GENEVA – SWITZERLAND – WWW.FIDIC.ORG 55
FIDIC Module IV

Completed
Works
Uncompleted
Progress Works
Defects
IPC Quantum

0% 50% 100%

INTERNATIONAL FEDERATION OF CONSULTING ENGINEERS – WORLD TRADE CENTER – GENEVA – SWITZERLAND – WWW.FIDIC.ORG 56
Dr. Götz-Sebastian Hök
FIDIC Module IV

57
INTERNATIONAL FEDERATION OF CONSULTING ENGINEERS – WORLD TRADE CENTER – GENEVA – SWITZERLAND – WWW.FIDIC.ORG
Dr. Götz-Sebastian Hök
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
58
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 59
FIDIC Module IV

INTERNATIONAL FEDERATION OF CONSULTING ENGINEERS – WORLD TRADE CENTER – GENEVA – SWITZERLAND – WWW.FIDIC.ORG 60

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