-Review, approve and issue contractor’s interim payments in accordance with contract conditions include total value of executed works, total amount of MOS, deduction amount for material supplied by the company, deduction for consultant overtime hours, hold amounts for retention and performance, recovery of advance payment amount, hold amounts for social and WHT, and any other deduction or hold amount.
- Review and approve supplier’s interim payments and cheque requests.
- Review and approve supervision consultant’s interim payments in accordance with contract conditions include calculate commitment percentages for all supervision staff and calculating overtime hours performed.
- Review and study the technical purpose of the variation order.
- Review and approve variation order in accordance with the contract Condition include negotiate, evaluate the new items prices breakdown and ensure the existence of all supporting documents, cost break down, invoices, etc. and prepare, submit the variation form to the HQ after approval.
- Prepare detailed reports to the material supplied to all contractors to control the monthly deduction process throw their interim payments.
- Prepare, approve the reduction and release of advance payment and performance bond LGs submitted from the contractors.
- Review and approve Arabic translation BOQ and interim payments for social insurance and irregular workers authorities.
- Review, approve and issue contractor’s final payments in accordance with contract conditions include ensure the existence of required documents needed to close out the contract.
- Deliver required cost reports, cost allocation for construction packages and prepare weekly and monthly payment logs.
- Prepare monthly, yearly cash flow reports include estimate at completion for running construction packages and forecast new year construction budget.