Upload
miriam-gallagher
View
23
Download
0
Embed Size (px)
DESCRIPTION
Standard Bidding Document Smaller Works Contract (SBDSC). Suitable for unit rate/lump sum Less than us$ 10 million Simple format Can be adapted easily for NCB and lump sum. Instructions to bidders. Works description and completion time Eligibility and capability qualifications - PowerPoint PPT Presentation
Citation preview
1
Standard Bidding DocumentSmaller Works Contract (SBDSC)
Suitable for unit rate/lump sum Less than us$ 10 million
Simple format Can be adapted easily for NCB and
lump sum
2
Instructions to bidders Works description and completion time
Eligibility and capability qualifications
Procedure for clarifications
Bid preparation - format, copies
Bid submission procedures
Language
Pricing and currencies
Price adjustment provisions (if any)
3
Instructions to bidders (cont.)
Modification and withdrawal
Bid securities, sureties, etc.
Closing date
Opening time, date, place
Corrections
Bid evaluation criteria and procedures
Domestic preferences
Bid validity
Procedures for contract award
4
Civil works - bill of quantities Borrower’s currency, with portions
payable in foreign currency If so, protect foreign currency
component
Civil works - lump sum contracts Sum of amounts in local currency
and foreign currencies
Contract expressed in the borrower’s currency but
protect foreign currency components
Currency & Payment provisions
5
SBDSCConditions of contract
Organization in five chapters
General
Time control
Quality control
Cost control
Finishing the contract
6
SBDSCConditions of contract (cont.)
7
Contract can be entered with foreign contractor (currencies)
Normally provides for price adjustment
Bill of quantity contract or lump sum
Sharing of risks
Provides for a project manager to supervise works and administer the contract
SBDSCConditions of contract (cont.)
8
Some specific features of the contract conditions
Adjudicator Reviews project
manager’s decisions contested by contractor
Appointed at time of contract signing
Adjudicator’s decision final unless referred to arbitration within
28 days by either party Time control
Acceleration/extension Liquidated damages with
ceiling
SBDSCConditions of contract (cont.)
9
Compensation events
Not reflected in the original pricing of the contract, e.g. unforeseen ground conditions or constraints from utility companies
Entitle contractor to additional payments
Adjustment decided by project manager
If disputed, adjudicator acts
If parties agree, amount paid
If not, can be referred to arbitration
SBDSCConditions of contract (cont.)
10
Termination for “fundamental” breach of contract
On employer’s side, essentially delayed payment
On contractor’s side, major delays and other similar defaults
Final payment rapidly settled
SBDSCConditions of contract (cont.)