Project Status Report

As of 31 August 2006

PROJECT NAME : DUKHAN HOUSING PROJECT

PHASE V, PACKAGE 1

PROJECT DESCRIPTION : The Project Includes:

· 184 ELS Married Flats (46 Nos. Building Blocks)

· Infrastructrue Works comprising:
« Demolition Works
« Site Grading & Leveling
« Foul Sewerage Network, Soakways and
Holding Tanks
« Road Works
« Water Supply Installation
« Fire Fighting/Detection Installation
« Electrical Supply Network & Street Lighting
« Telecommunication Works
« Soft & Hard Landscaping
« Any Other Incidential Works due to the
nature of the works, site condition, etc.

ORIGINAL CONTRACT VALUE : QR 95,542,100.11

CONTRACTOR : Shannon Trading & Contracting

CONSULTANT : Maunsell Consultancy Services Ltd.

ORIGINAL CONTRACT DURATION : 14 Months (from 01 June 2005 to 31 July 2006)

ESTIMATED REVISED CONTRACT : 17 Months (from 01 June 2005 to 31 Oct. 2006)

DURATION

PERCENT OF COMPLETION
(Including Materials on site) : 50.53%

OVERALL PROGRESS : Revised (Late Start/Finish )

Planned 45.91%
Actual 50.53%
Variance 4.62%

MAIN VARIANCE AREA : Preliminaries 0.18%

Building Works 3.13%
External Works 1.31%

P5 Package 1 Page 1
REASONS FOR VARIANCE : The materials delivered on site contributed
on their % progress accomplishment this Month

AREAS AFFECTED BY VARIANCE : Concrete Works

Block Works
External Works

ADVANCE TO DATE : 0.23 Month (revised programme)

REVISED PLAN : Based on Revised Program submitted on

22 April 2006

VALUE OF COMPLETED WORKS

% of Completion x Contract Value : QR 48,273,450.00

Billed Works : QR 48,273,450.00

(Including 10% retention)
(As of 31 August 2006)

Value of Un-billed Works : QR 0.00

Recommendation after Retention : QR 43,446,105.00

(Payment Recommendation Status Attached)

VALUE OF REMAINING WORKS : QR 47,268,650.11

PERFORMANCE BOND (%) : QR 9,552,210.00

ISSUING BANK : AHLI BANK

VALIDITY : 2/1/2008

CONTRACTOR'S REVISED PLAN : Re-organized Programme

Additional Working Hours
Additional Equipment
Additional Manpower

P5 Package 1 Page 2
 Project Status Report
As of 31 August 2006

PROJECT NAME : DUKHAN HOUSING PROJECT

PHASE V, PACKAGE 2

PROJECT DESCRIPTION : The Project Includes:

· 144 ELS Married Flats (36 Nos. Building Blocks)

· Infrastructrue Works comprising:
« Demolition Works
« Site Grading & Leveling
« Foul Sewerage Network, Soakways and
Holding Tanks
« Road Works
« Water Supply Installation
« Fire Fighting/Detection Installation
« Electrical Supply Network & Street Lighting
« Telecommunication Works
« Soft & Hard Landscaping
« Any Other Incidential Works due to the
nature of the works, site condition, etc.

ORIGINAL CONTRACT VALUE : QR 70,352,497.22

CONTRACTOR : Shannon Trading & Contracting

CONSULTANT : Maunsell Consultancy Services Ltd.

ORIGINAL CONTRACT DURATION : 14 Months (from 01 June 2005 to 31 July 2006)

ESTIMATED REVISED CONTRACT : 17 Months (from 01 June 2005 to 31 Oct. 2006)

DURATION

PERCENT OF COMPLETION
(Including Materials on site) : 45.68%

OVERALL PROGRESS : Revised (Late Start/Finish)

Planned 43.75%
Actual 45.68%
Variance 1.93%

MAIN VARIANCE AREA : Preliminaries 0.08%

Building Works 1.38%
External Works 0.47%

P5 Package 2 Page 3
REASONS FOR VARIANCE : The materials delivered on site contributed
on their % progress accomplishment this Month

AREAS AFFECTED BY VARIANCE : Concrete Works

Block Works
External Works

ADVANCE TO DATE : 0.10 Month (revised programme)

REVISED PLAN : Based on Revised Program submitted on

22 April 2006

VALUE OF COMPLETED WORKS

% of Completion x Contract Value : QR 32,138,020.00

Billed Works : QR 32,138,020.00

(Including 10% retention)
(As of 31 August 2006)

Value of Un-billed Works : QR 0.00

Recommendation after Retention : QR 28,924,218.00

(Payment Recommendation Status Attached)

VALUE OF REMAINING WORKS : QR 38,214,477.22

PERFORMANCE BOND (%) : QR 7,035,250.00

ISSUING BANK : Commercial Bank of Qatar

VALIDITY : 2/1/2008

CONTRACTOR'S REVISED PLAN : Re-organized Programme

Additional Working Hours
Additional Equipment
Additional Manpower

P5 Package 2 Page 4
 Project Status Report
As of 31 August 2006

PROJECT NAME : DUKHAN HOUSING PROJECT

PHASE V, PACKAGE 3

PROJECT DESCRIPTION : The Project Includes:

· 72 ELS Married Flats (18 Nos. Building Blocks)

· Infrastructrue Works comprising:
« Demolition Works
« Site Grading & Leveling
« Foul Sewerage Network, Soakways and
Holding Tanks
« Road Works
« Water Supply Installation
« Fire Fighting/Detection Installation
« Electrical Supply Network & Street Lighting
« Telecommunication Works
« Soft & Hard Landscaping
« Any Other Incidential Works due to the
nature of the works, site condition, etc.

ORIGINAL CONTRACT VALUE : QR 39,587,086.96

CONTRACTOR : Shannon Trading & Contracting

CONSULTANT : Maunsell Consultancy Services Ltd.

ORIGINAL CONTRACT DURATION : 14 Months (from 01 June 2005 to 31 July 2006)

ESTIMATED REVISED CONTRACT : 17 Months (from 01 June 2005 to 31 Oct. 2006)

DURATION

PERCENT OF COMPLETION
(Including Materials on site) : 48.57%

OVERALL PROGRESS : Revised (Late Start/Finish)

Planned 48.75%
Actual 48.57%
Slippage -0.18%

MAIN SLIPPAGE AREA : Preliminaries -0.01%

Building Works -0.11%
External Works -0.06%

P5 Package 3 Page 5
REASONS FOR SLIPPAGE
AREAS AFFECTED BY SLIPPAGE
DELAY TO DATE
REVISED PLAN
VALUE OF COMPLETED WORKS
% of Completion x Contract Value
Billed Works
(Including 10% retention)
(As of 31 August 2006)
Value of Un-billed Works
Recommendation after Retention
(Payment Recommendation Status Attached)
VALUE OF REMAINING WORKS
PERFORMANCE BOND (%)
ISSUING BANK
VALIDITY
CONTRACTOR'S REVISED PLAN
: Service rerouting utilities works to complete
Insufficient manhours / labour / equipment
Shop Drawing Submittals (has still pending)
Material Procurement (to expedite)
Late Start Activities
: Excavation (Late start MB 103 & 114)
Concrete Works
Block Works
External Works
: 0.01 Month (revised programme)
: Based on Revised Program submitted on
22 April 2006
: QR 19,226,250.00
: QR 19,226,250.00
: QR 0.00
: QR 17,303,625.00
: QR 20,360,836.96
: QR 3,958,709.00
: Qatar International Islamic Bank
: 2/1/2008
: Re-organized Programme
Additional Working Hours
Additional Equipment
Additional Manpower
P5 Package 3 Page 6
 Project Status Report
As of 31 August 2006

PROJECT NAME : DUKHAN HOUSING PROJECT

PHASE IV, PACKAGE 1

PROJECT DESCRIPTION : The Project Includes:

· 520 ELS Bachelor Flats (26 nos. Building Blocks)

· Infrastructure Works comprising
« Demolition Works
« Site Grading and Leveling
« Foul sewerage network, soakways and
holding tanks
« Road works
« Water supply installation
« Fire fighting/detection installation
« Electrical supply network & street lighting
« Telecommunications works
« Soft and hard landscaping
« Any other incidental works due to the
nature of the works, site conditions, etc.

ORIGINAL CONTRACT VALUE : QR 96,700,000.00

REVISED CONTRACT VALUE : QR 97,069,930.00

CONTRACTOR : Badr Contracting & Trading

CONSULTANT : Maunsell Consultancy Services Ltd.

ORIGINAL CONTRACT DURATION : 14 Months (from 01 June 2005 to 31 July 2006)

ESTIMATED REVISED CONTRACT : 18 Months (from 01 June 2005 to 30 Nov. 2006)

DURATION

PERCENT OF COMPLETION
(Including Materials on site) : 32.64%

OVERALL PROGRESS : Revised

Planned 80.00%
Actual 32.64%
Slippage -47.36%

MAIN SLIPPAGE AREA : Preliminaries -0.62%

Building Works -36.06%
External Works -10.67%

P4 Package 1 Page 7
REASONS FOR SLIPPAGE : Service rerouting utilities works to complete
Insufficient manhours / labour / equipment
Late Shop Drawing Submittals
Late Material Procurement

AREAS AFFECTED BY SLIPPAGE : Concreting Works

Block Works
Finishing Works
MEP Works
External Works

DELAY TO DATE : 1.68 Months (revised program)

RECOVERY PLAN : Based on Revised Program

Submitted on 24 April 2006

VALUE OF COMPLETED WORKS

% of Completion x Contract Value : QR 31,687,000.00

Billed Works : QR 31,687,000.00

(Including 10% retention)
( As of 31 August 2006)

Value of Un-billed Works : QR 0.00

Recommendation after Retention : QR 28,518,300.00

(Payment Recommendation Status Attached)

VALUE OF REMAINING WORKS : QR 65,382,930.00

PERFORMANCE BOND (%) : QR 9,670,000.00

ISSUING BANK : Qatar International Islamic Bank

VALIDITY : 3/12/2007

CONTRACTOR'S REVISED PLAN : Prioritize/Expedite Balance Shop Drawings

and Material Submittals for Approval
Additional Working Hours as recovery plan
and will extend when appropriate
Equipment as recovery plan
Additional Manpower as recovery plan and will
add when appropriate

P4 Package 1 Page 8