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Smaller Works - Section V. Contract Data

Section V. Contract Data

Except where otherwise indicated, all Contract Data should be filled in by the Employer prior to issuance of the bidding documents. Schedules and reports to be provided by the Employer should be annexed.

The following documents are also part of the Contract:

58.0	Schedule of Operating and Maintenance Manuals
8.0	Schedule of Other Contractors
9.0	The Schedule of Key Personnel
14.0	Site Investigation Reports
1.1	The Borrower is [name of Borrower and statement of relationship with the Employer, if different from the Borrower]. The "World Bank" means [insert "International Bank for Reconstruction and Development (IBRD)" or "Inter-national Development Association (IDA)," as appropriate], and "loan" refers to an [insert "IBRD loan" or "IDA credit," as appropriate]. *The above insertions should correspond to the information provided in the Invitation for Bids.* The Employer is [Name, address, and name of authorized representative]. The Project Manager is [Name, address, and name of authorized representative]. The name and identification number of the Contract is [insert name and number as indicated in the Invitation for Bids (or Prequalification, if any)]. The Works consist of [brief summary, including relationship to other contracts under the Project]. The Start Date shall be [insert date]. The Intended Completion Date for the whole of the Works shall be [insert date].⁵⁹ The following documents also form part of the Contract: [list documents]
27.0	The period between Program updates is [number] days. The amount to be withheld for late submission of an updated Program is [amount].
21.0	The Site Possession Date shall be [location].⁶⁰
1.0	The Site is located at [location] and is defined in drawings No: [insert numbers]
35.0	The Defects Liability Period is [number] days.
13.0	The minimum insurance covers shall be: (a) The maximum deductible for insurance of the Works and of Plant and Materials is [amount]. (b) The minimum cover for insurance of the Works and of Plant and Materials [amount]. (c) The maximum deductible for insurance of Equipment is [amount]. (d) The minimum cover for loss or damage to Equipment is [amount]. (e) The maximum deductible for insurance of other property is [amount]. (f) The minimum for insurance of other property is [amount]. (g) The minimum cover for personal injury or death insurance (i) for the Contractor's employees is [amount]. (ii) and for other people is [amount].
44.0	The following events shall also be Compensation Events: [list events]
27.0	The period between Program updates is [number] days. The amount to be withheld for late submission of an updated Program is [amount].
3.0	The language of the Contract documents is [language]. The law that applies to the Contract is the law of [law].
25.0	Institution whose arbitration procedures shall be used: [name of institution] Fees and types of reimbursable expenses to be paid to the Adjudicator: [fees and expenses].
26.0	Appointing Authority for the Adjudicator: [name of Authority].
25.0	Arbitration will take place in accordance with [rules and regulations].
46.0	The currency of the Employer's country is the [name of currency of the Employer's country].
47.0	The Contract [specify "is" or "is not"] subject to price adjustment⁶¹ in accordance with Clause 47 of the Conditions of Contract, and the following information regarding coefficients [specify "does" or "does not"] apply. The coefficients for adjustment of prices are: (a) For currency [type of currency]: (i) [percent] percent nonadjustable element (coefficient A). (ii) [percent] percent adjustable element (coefficient B). (b) For currency [type of currency]: (i) [percent] percent nonadjustable element (coefficient A). (ii) [percent] percent adjustable element (coefficient B).
48.0	The Index I for local currency⁶² will be [enter index]. The Index I for the specified international currency⁶³ will be [enter index]. The Index I for currencies other than the local currency⁶³ and the specified international currency will be [enter index]. The proportion of payments retained is [percent] percent.
49.0	The liquidated damages for the whole of the Works are [percentage of the final Contract Price] per day.⁶⁴ The maximum amount of liquidated damages for the whole of the Works is [percent] percent of the final Contract Price.
50.0	The Bonus for the whole of the Works is [percent of final Contract Price amount] per day.⁶⁵ The maximum amount of Bonus for the whole of the Works is [percent] percent of the final Contract Price.
51.0	The Advance Payment will be [insert amount] and will be paid to the Contractor no later than [insert date]. The Performance Security shall be for the following minimum amounts equivalent as a percentage of the Contract Price: (a) Bank Guarantee [insert number]. (b) Performance Bond [insert number]. The standard form(s) of Performance Security acceptable to the Employer shall be [insert either "an Unconditional Bank Guarantee" or "a Conditional Bank Guarantee," or "a Performance Bond," as preferred by the Employer] of the type presented in Section 8 of the Bidding Documents.
58.0	The date by which operating and maintenance manuals are required is [date]. The date by which "as built" drawings are required is [date]. The amount to be withheld for failing to produce "as built" drawings and/or operating and maintenance manuals by the date required is [amount in local currency].
60.0	The percentage to apply to the value of the work not completed, representing the Employer's additional cost for completing the Works, is [percent].

Footnotes

^59. If different dates are specified for completion of the Works by section ("sectional completion"), these dates should be listed here.

^60. If the Site is made available by section, the different dates should be listed here.

^61. Price adjustment is mandatory for contracts which provide for time of completion exceeding 18 months.

^62. These proxy indices will be specified by the Employer.

^63. These proxy indices will be proposed by the Contractor, subject to acceptance by the Employer.

^64. If Sectional Completion and Damages per Section have been agreed, the latter should be specified here.

^65. Insert zero if not applicable. If Sectional Completion and Bonus per Section have been agreed, the latter should be specified here.

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