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Table 04: Claim For Compensation For Late Payments Pursuant To 60.10 of PCC-II

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Awais Sarwar

The document is a table showing claims for compensation for late payments pursuant to clause 60.10 of PCC-II. It includes 4 claims (IPC-01 through IPC-04) with details on the stipulated payment dates, actual payment dates, amounts claimed and owed, payment delays in days and months, applicable interest rates, and calculated compensation amounts. The total compensation amount claimed across the 4 IPCs is Rs. 1,024,426.

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Table 04: Claim For Compensation For Late Payments Pursuant To 60.10 of PCC-II

Uploaded by

Awais Sarwar
34 views3 pages
The document is a table showing claims for compensation for late payments pursuant to clause 60.10 of PCC-II. It includes 4 claims (IPC-01 through IPC-04) with details on the stipulated payment dates, actual payment dates, amounts claimed and owed, payment delays in days and months, applicable interest rates, and calculated compensation amounts. The total compensation amount claimed across the 4 IPCs is Rs. 1,024,426.

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Kaibor Working

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The document is a table showing claims for compensation for late payments pursuant to clause 60.10 of PCC-II. It includes 4 claims (IPC-01 through IPC-04) with details on the stipulated payment dates, actual payment dates, amounts claimed and owed, payment delays in days and months, applicable interest rates, and calculated compensation amounts. The total compensation amount claimed across the 4 IPCs is Rs. 1,024,426.

Copyright:

© All Rights Reserved
Download as XLSX, PDF, TXT or read online from Scribd
Download as xlsx, pdf, or txt
34 views3 pages

Table 04: Claim For Compensation For Late Payments Pursuant To 60.10 of PCC-II

Uploaded by

Awais Sarwar
The document is a table showing claims for compensation for late payments pursuant to clause 60.10 of PCC-II. It includes 4 claims (IPC-01 through IPC-04) with details on the stipulated payment dates, actual payment dates, amounts claimed and owed, payment delays in days and months, applicable interest rates, and calculated compensation amounts. The total compensation amount claimed across the 4 IPCs is Rs. 1,024,426.

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© All Rights Reserved
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Table 04: Claim for Compensation for late payments pursuant to 60.

10 of PCC-II

Stipulated Interest Rate


Actual date of
Contractors Engineers Stipulated This Bill Amount Kaibor (+) 1% Compound-ing Compensation
Actual Payment by the Payment Payment
IPA IPC Issue Employers Certified for Amount Paid by Original per anum for Amount for late
IPC No. Engineers Employer or Delayed Delayed the period frequency
Submission Date Payment date Payment by the the Employer Shortfall Payment under
IPC Issue Date current date for dayes Months delay (Sub- (Monthly)
Date Cl.60 (Within 14 (Within 30 days) Engineer Cl.60.10
over due Clause 60.10)
days)

1 2 2 4 4 5 6 7 8 9 10 11 12 13
IPC-01 2/27/2020 3/2/2020 3/12/2020 4/1/2020 12/18/2007 52,867,015 47,537,678 (5,329,337) -321 -11.46 8% 12 390,885
IPC-02 5/20/2020 6/14/2020 6/3/2020 7/14/2020 3/1/2008 3,205,604 2,330,223 (875,381) -217 -7.75 8% 12 43,937
IPC-03 7/16/2020 7/29/2020 7/30/2020 8/28/2020 12/30/1899 7,513,735 1,858,560 (5,655,175) -172 -6.14 8% 12 226,177
IPC-04 9/1/2020 9/23/2020 9/15/2020 10/23/2020 13,384,918 0 (13,384,918) -116 -4.14 8% 12 363,427

76,971,272 51,726,461 1,024,426


Contractors IPC Issue Date Engineers Payment date
IPC No. IPA Submission
(Within
Date28Cl.60
days) IPC Issue Date
(Within 28 days)
Actual date This Bill Amount COriginal Shortfall
IPC-01 29-Nov-07 27-Dec-07 10-Dec-07 9-Jan-08 18-Dec-07 179,163,416.63
1-Mar-08 89,234,537.49
23-Oct-14 12,419,493.64
IPC-02 10-Jan-08 7-Feb-08 4-Mar-08 8-Mar-08 Within time 59,712,439.02
23-Oct-14 6,236,503.19
IPC-03 16-Apr-08 14-May-08 22-Apr-08 22-May-08 23-Oct-14 52,546,147.92 52,546,147.92
13,417,528.33
IPC-04 29-Nov-08 27-Dec-08 4-Dec-08 3-Jan-09 23-Oct-14 93,778,090.54 93,778,090.54
IPC-05 17-Feb-15 17-Mar-15 25-Feb-15 27-Mar-15 Within time 100,690,123.58
6,088,104.33
IPC-06 22-Mar-15 19-Apr-15 29-Apr-15 19-May-15 59,761,074.85 59,761,074.85
IPC-07 9-Sep-15 7-Oct-15 27-Oct-15 6-Nov-15 22,914,038.78 22,914,038.78
IPC-08 18-Jan-16 15-Feb-16 15-Feb-16 16-Mar-16 51,191,216.97 51,191,216.97
IPC-09 30-Mar-16 27-Apr-16 30-Mar-16 29-Apr-16 30,814,646.50 30,814,646.50

18-Dec-07 89,928,879.14
1-Mar-08 76,815,043.85
Within time 53,475,935.83
23-Oct-14 93,778,090.54
Within time 151,562,706.95
Amount Paid by the Employer
89,928,879.14
76,815,043.85
12,419,493.64
53,475,935.83
6,236,503.19
39,128,619.59

93,778,090.54
94,602,019.25

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