FIDIC Certified Contract Manager CCM Question # 12 Topic 2 Discussion

FIDIC Certified Contract Manager CCM Question # 12 Topic 2 Discussion

CCM Exam Topic 2 Question 12 Discussion:
Question #: 12
Topic #: 2

Under the FIDIC Red Book (edition 1999), as part of the Contractor submission of Statement, any amount to be deducted for retention, will be calculated by applying the percentage of retention stated in the Appendix to Tender to the total of: (two correct answers apply)

Choose all of the correct answers (multiple possibilities).


A.

The estimated contract value of the Works executed.


B.

Any amounts to be added and/or deducted for the advance payment and repayments under Sub-Clause 14.2.


C.

Any amounts to be added and deducted for changes in legislation and changes in cost.


D.

Any amounts to be added and deducted for Plant and Materials in accordance with Sub-Clause 14.5.


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