FORM OF TENDER

(Note: The Appendix to Form of Tender forms part of the Tender, and the Tenderer is required to complete all the blank spaces in this Form of Tender and the accompanying Appendices)

To :

Dear Sirs, Residential Development for on Plot No.. at Enabling Works 1. We have examined Volumes I to V of the Tender Documents, the Tender Addendums and the matters set out in the Appendices hereto for the execution of the above named works. We accordingly offer to execute and complete the Works and remedy any defects therein, in conformity with this Tender which includes all of these documents. We undertake if our Tender is accepted to commence the Works upon the date specified in the Letter of Intent/Acceptance and complete and deliver the whole of the Works within the Time for Completion, as defined in the Appendix to Tender for: The Lump Sum Fixed Price of: U.A.E. AED. . (U.A.E. AED in words.. ..) 2. We agree to abide by this Tender for a period of 90 days from the final date of Tender submission and at the Employers discretion a further 30 days, and this period shall remain binding upon us and this Tender may be accepted at any time prior to the expiration of this period. 3. If our Tender is accepted, we will provide within seven days from the date of issuance of Letter of Award the Performance Security from a locally licensed bank, acceptable to the Employer, to be jointly and severally bound with us in the sum of amount as stated in the Form of Tender Security (Appendix A to Form of Tender) for the due performance of the Contract in accordance with its terms and conditions. 4. We undertake if our Tender is accepted, to complete and deliver the whole of the Works comprising of the Contract within the time stated in the Appendix to the Form of Tender and confirm the period(s) stated include all Fridays, Public Holidays etc., and other non-working days caused by inclement weather, etc., shortened working hours during the Holy Month of Ramadan and mid terms breaks during peak summer months as per Ministry of Labour Decree. 5. In the event of our Tender being accepted, and until a formal Agreement is prepared and executed, this Tender, together with your Letter of Acceptance thereof, shall constitute a binding Contract between us. 6. We understand that you are not bound to accept the lowest or any Tender you may receive. 7. We acknowledge receipt of the following Tender Addenda and confirm that we have taken account thereof in our Tender.
Form of Tender and Appendix

Reference number:

Date:

Dated this day of Signature: Name:

In the capacity of:

Duly authorised to sign Tenders for and on behalf of: Company: Address: Witness Signature: Name: Address:

Form of Tender and Appendix

APPENDIX TO FORM OF TENDER

Design Liability for Contractor Designed Works 7.2 AED. 5,000,000/= Professional Indemnity insurance to be provided for any one incident but for unlimited number of incidents, validity to be 10 years from the issue of Taking over Certificate For unlimited number of occurrences. 10.1 10% of Contract Price.

Performance Security: Minimum Amount of Third Party Insurance:

23 (2) AED. 5,000,000.00 for any one incident but for unlimited number of incidents 41 7 calendar days Total 214 days (30 days for design and to obtain building permit + 184 days for site activities 47.1 AED. 40,000/- per calendar day. AED. 5,000/- per day to Consultant. For Intermediate Milestones: as per list attached on the next page. The Intermediate Milestones Penalty will be in addition to the above Penalty.

Period for Commencement Time for Completion from 43 the Commencement Date: Penalty for Delay:

Maximum Penalty: Defects Liability Period: Percentage for adjustment Of Provisional Sums: Percentage of invoice Value of listed materials: Minimum amount of Certificate: Limit of Retention: Percentage of Retention: Time for Payment by Employer following Receipt of Certificate: Penalty for failure to provide or maintain Diversions:

47.1 49.1

20% of Contract Price 365 Calendar days calculated from the date stated in the notice under Clause 48.1 _________% * 70%

59.4(c) 60.1(c)

60.2 60.2 60.2(a)

AED. 5,000,000.00 10% of Contract Price. 10%

60.10

30 days

99

AED 2,500.00 per day

Note:
Form of Tender and Appendix

* Tenderer to fill in List of Intermediate Milestone and Penalty Sl. No. Penalty for delay per day Dh/day

Mile Stone Activity

Mile Stone Period

1.

Completion of design

30 days

35,000.00

Notes: 1. The penalties for Intermediate Milestones will be independent of the penalty for the Whole or Sections of Works (as per Clause 47.1) i.e both penalties may be applied if the Contractor has delayed the milestones as well as the completion date for the whole or sections of works. 2. The 10% limit will be applicable to each (i.e. for Intermediate Milestones and Whole or Sections of works) independently.

Form of Tender and Appendix