STANDARD QUANTA CONSULT

Valuation
Architect/S.O. IN -HOUSE PROJECTS CONSULANTS LTD For Valuation Nr: 1(Advance)
P. O. BOX 7778 Date: 9th January 2024
DAR ES SALAAM Date on site: 22nd November 2023
My/Our current valuation under the Contract For Certificate Nr: 1(Advance)

the works known as: PROPOSED RENOVATION OF NMB BANK BRANCH VALUATION
situated at: MAFINGA, IRINGA
T SHS
+ Gross Valuation 0.00
indicates that a (an) INTERIM *balance is due
Advance Payment 142,091,514.00
from the Employer NMB (T) LTD T Shs 142,091,514.00
of P. O. BOX 9213
DAR ES SALAAM Less Total repayment of Advance to date 0.00
T Shs 142,091,514.00
to the Contractor ASSOCIATED INVESTMENTS & SERVICES LTD
of P. O. BOX 31654 Less Net retention as stated below 0.00
DAR ES SALAAM T Shs 142,091,514.00

Contract Sum T Shs 473,638,380 Less previously certified 0.00

558,893,288 (VAT inclusive) 142,091,514.00

Add 18% VAT 25,576,472.40

T SHS ONE HUNDRED SIXTY SEVEN MILLION, SIX HUNDRED

Balance now due SIXTY SEVEN THOUSAND, NINE HUNDRED EIGHTY SIX AND T SHS 167,667,986.40
FORTY CENTS ONLY

Retention on Work done and

materials 10% T Shs T Shs
Limit of Retention Fund 5% T Shs 473,638,380 23,681,919 T Shs
T Shs 0.00
The Contractor having confirmed to the Architect/S.O. receipt of
satisfactory indemnity, final payment shall be made to the Nominated
Sub-contractors listed below:-

Sub-contractor
Sub-contractor

Release of one moiety of retention on the total value of the

relevant part

Release of the second moiety of retention on the total

of the relevant part

Release of moiety of amounts retained on issue of Certificate

of Practical Completion

Release of residue of amounts retained in issue of Certificate

of Making Good Defects
Net Retention T Shs 0.00
* Insert the word "interim" or "final"
Including the value of works by nominated sub-
+ contractors as appended to this Valuation
Signature of Quantity Surveyor: ........................................
PROPOSED RENOVATION OF NMB BANK BRANCH, MAFINGA IRINGA T SHS

STATEMENT OF AN INTERIM VALUATION NR 1.

A ADVANCE PAYMENT

Contract Sum 473,638,380

Advance Payment 30% 473,638,380 ###

GROSS VALUATION T SHS: ###

Standard Quanta Consult STATEMENT OF ADVANCE

PAYMENT TO CONTRACTOR

Work known asPROPOSED RENOVATION OF NMB BANK BRANCH, Valuation Nr. 1 (Advance)

Situated at; MAFINGA IRINGA Date 9th January 2024

For Certificate Nr. 1 (Advance)

Valuation Tshs. Tshs.

Nr. Repayment Advance

Advance Payment Nr. 1 142,091,514

1 Main Contractors Advance Payment

Repayment of Advance

0.00 142,091,514

0.00

Balance still to be repaid Tshs. 142,091,514

Signature of Quantity Surveyor……………………………………………………..