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Au (Gold) & Ag (Silver) Towers
DMCC

DMCC-Au (Gold) & Ag (Silver) Towers

Contract Information

Reference No. : a / 72
Job No : 164/U.A.E - 02/PC
Contract Name : DMCC-Au (Gold) & Ag (Silver) Towers
Country : United Arab Emirates
Client : Nakheel
Consultant : Faithful & Gould (F & G) PTE Ltd.
Final / Latest Contract Price : US $ 101.195.805
Starting Date : 25 December 2005
Completion Date : 30 June 2009

Scope of Works

The scope of works is to construct and complete The Jumeriah Lake Towers Package 3 comprising of 2 Towers Au-Gold Tower and Ag-Silver Tower (detailed below), as per the drawings and specifications in the tender documents.

Au-Gold Tower is a state of the art office development extending to 48.000m² consisting of a 37 storey rectangular tower with curvilinear facades in gold colored curtain walling. Construction follows the shell and core approach for tenant areas while public areas and landlord areas are fully fitted out and finished. There will be a one level basement containing car parking and plant / equipment and storage rooms while the ground floor is dedicated to retail and food outlets.

Ag Silver Tower is a mirror image of the Au Gold Tower but finished in silver colored curtain walling. As with Ag Tower construction follows the shell and core approach for tenant areas while public areas and landlord areas are fully fitted out and finished. There will be a one level basement containing car parking and plant / equipment and storage rooms while the ground floor is dedicated to retail and food outlets.

This Package is in respect of the Main Building Works, full coordination and all associated interfaces of the Main Building Package and Builder's work in connection with other Direct / Nominated appointed packages, including but not limited to External Cladding / Curtain Walling; Vertical Transportation; Structured Cabling; External Works, Services and Landscaping and Landlord / Tenant FF&E and Fit-out; Security Systems.

Amount of Performance Bond : 10% (ten percent) of Contract Price
Duration of Performance Bond : 931 days from award of Contract
Type of Contract : Lump Sum Fixed Price
Contract Time for Completion : 566 days from award of Contract
Progress Payment Certification Period : Monthly
Progress Payment Realization : 60 days upon Certification
Minimum amount of Progress Payment : Dhs 10,000,000
Percentage of Invoice value of listed materials : 70% (seventy percent)
Percentage of Retention : 10% (ten percent) of Contract Price
Defects Liability Period : 12 Calendar Months upon Completion
Maximum Penalty : 10% (ten percent) of Contract Price
Amount of Penalty : Penalty per day or part there of:- Dhs. 400.000

General Information the Package:
  • Number of Towers : 2 No.
  • Total Aprox. Closed Area = 96,748 m²
  • Total Number of Office Storey: 37x2=74 Floors
  • Location of Project : The Jumeriah Lake Towers Development South of Sheikh Zayed Road between interchanges 5 & 6 and North of Emirates Ring Road, Dubai, UAE
  • Total Amount of Structural Concrete : 42.500 m³
  • Total Amount of Reinforcing Steel : 6,000 tones
  • Total Planned Man-hours : 2,200,000 Mhrs


 
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