The project title, objective, location and duration
Scope of Work
A brief statement covering project scope, whether civil works or mechanical installations, or engineering services.
Project Cost (with provisional amounts)
Payment Schedule
Stated in percentage (%) or in the respective currencies in lump-sum.
Performance & Liquidated Damages
The amount (in percentage), type of security and the issuance of performance and liquidated damage bonds.
Mobilization Period
Warranty for Work
Usually varies from six (6) months up to one (1) year.
Insurance requirements
Force Majeure
Termination of Contract
Provisions and conditions for either the contractor or the owner to terminate.