01 Section 1 - Attachment 5 - Project Summary of Subcontract - Rev.1

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Attachment 5

PROJECT SUMMARY OF SUBCONTRACT


DESCRIPTION ARTICLE CONTENTS

1. WORK CATEGORY Annex 1 Mechanical & Piping Work

January, 2025 ~ December, 2026

5.1.1 of
2. CONSTRUCTION PERIOD
Form of Agreement Above construction period does not include initial
preparing period for construction and finalzing contract
between contractor and subcontractor

3. SCOPE OF WORK Annex 1 See Annex 1.

4. MAJOR TERMS & CONDITIONS

3.1 of
1) TYPE OF SUBCONTRACT Unit Rate Basis
Form of Agreement

3.1 of
2) CURRENCY USD
Form of Agreement

3) PERFORMANCE
% [10]% of Subcontract Price
GUARANTEE
9.2 of
Form of Agreement
[5]% of Performance Guarantee after PAC
RELEASE
[5]% of Performance Guarantee after FAC

4) ADVANCE PAYMENT 4.2.1 of


% N/A
& GUARANTEE Form of Agreement

9.1 of
REPAYMENT N/A
Form of Agreement

4.2.2 of
5) TERMS OF PAYMENT REQUEST OF PAYMENT Monthly Progress Payment
Form of Agreement

within [56] calendar days after the date of receipt


PAYMENT LEAD TIME
of the correct approved invoice
4.1 of
Form of Agreement
PAYMENT METHOD Bank Transfer

6) RENTENTION % N/A
4.2.4 of
Form of Agreement
RELEASE N/A

5.2.1 of [0.02]% of Subcontract Price per each [day]


7) LIQUIDATED DAMAGES %
Form of Agreement and Max. [10]% of Final Subcontract Price

9.2 of
8) GUARANTEE PERIOD % [10]% of Performance Guarantee until FAC
Form of Agreement

7.2 of [60] months after Work Completion and Max. [10] years
PERIOD
Form of Agreement for Hidden Defect

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