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EPC SBD NCB final

Financial Resources: The sub contract must demonstrate that it has the financial resources to meet its current contract commitment plus three months’ requirements for the sub contracted work.


GCC 17.1

Schedule of other contractors: ... . [Insert details as appropriate].

GCC 19.4

[insert the details as below; If the Contractor is to occupy the Employer’s facilities temporarily]

Details of the items with the respective dates of use or occupation by the Contractor, up to the respective dates of hand-over or cessation of occupation.

GCC 23.2

The minimum insurance amounts and deductibles shall be:

  1. The minimum cover for loss of or damage to the Works, Plant and Materials is: [insert percent] of the Contract Amount.

  2. The maximum deductible for insurance of the Works and of Plant and Materials is: [insert amount; in no case shall not be more than 2% of Insured Amount]

  3. The minimum cover for loss or damage to Equipment is : [insert amount]

  4. The maximum deductible for insurance of Equipment is: [insert amount; in no case shall not be more than 2% of Insured Amount]

  5. The minimum for insurance of other property is: [insert amount] with unlimited number of occurrences

  6. The maximum deductible for insurance of other property is: [insert amount; in no case shall not be more than 2% of Insured Amount]

  7. The minimum cover for personal injury or death insurance

  1. for the Contractor’s employees is that specified in the Labor act of Nepal and

  2. for other people including Employer’s Representatives is :[insert amount] with an unlimited number of occurrences.

  1. The minimum cover for Liability for breach of professional duty in an amount not less than [insert percent] of the Contract Amount.

GCC 24.1

Site Data and Reports are: ... [list documents and attach in Annex 1,].

GCC 30.1

The right of access to and Possession of Site Date(s) shall be: ……………….. [insert location(s) and date(s)]

[Note: If the Site is made available by section, the different dates should be listed here]

GCC 31.3


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