Ref: MDCG/MF/01/11387 12 September 2023

General Manager / Project Director

Mohmand Dam Hydropower Project
Project Colony, P.O Matta Mughal Khel
Post Code 24640, District Charsadda KP. DELIVERY: BY HAND

Dear Sir,

MOHMAND DAM HYDROPOWER PROJECT

INTERIM PAYMENT CERTIFICATE NO. 34
PERIOD FROM: 01.07.2023 TO 31.07.2023
1. CDJV-MDHP-MDCG-2023-7393 dated: 18 August 2023
The Contractor’s Interim Payment Application No.34 (IPA-34) for works executed from 01-07-
2023 to 31-07-2023 was received by the Engineer with letter ref. (1).
This IPA-34 has been scrutinized and the Engineer has certified the IPC-34 in accordance
with the Contract, Sub-Clause 14.6 GCC in the amount of PKR. 1,458,809,061 (One billion
four hundred fifty-eight million eight hundred nine thousand sixty-one only) to be paid by the
Employer to the Contractor in local and foreign currency in accordance with the table below:
Local Currency Pak Rupees PKR 1,013,753,651
Foreign Currency (Total) US Dollar USD 3,846,108
Foreign Currency (CGGC) US Dollar USD 3,000,868
Foreign Currency (DESCON) US Dollar USD 845,240

In accordance with Contract, Para 2.3 of the Memorandum of Understanding dated 7th March
2019, a total of foreign currency USD 845,240 shall be paid to the Local JV firm DESCON in
equivalent Pakistani Rupees at the exchange rate (TT & OD Selling Rates published or
authorized by the State Bank of Pakistan) at the time of release of payment.
In accordance with the Contract, Sub-Clause 14.1, Part B, Particular Condition of Contract,
Contractual income of the Contractor is not subject to Income Tax Ordinance, 2001 and Sales
Tax on services.
The IPC-34 in original together with one copy and a set of measurement sheets along with the
supporting documents are enclosed herewith for reference. Also, a CD containing a soft copy
of the IPC-34 and measurement sheets is also enclosed.
The Employer is requested to ensure the validity of the Bank Guarantees before making
payment to the Contractor. A copy of the payment voucher may please be furnished to the
Engineer for reconciliation and record.

Page 1 of 3
Yours sincerely,

Mark Fox
Project Manager / Construction Manager
Mohmand Dam Consultants Group (MDCG)

Attachment: 1. Original IPC # 34

2. Copy of IPC # 34

Copy to: 1. M/s CGGC-Descon JV (one copy of IPC 34)

2. Mirza Asif Baig, Zafar Ahmad, Mahmut Ertas, Azman zain, Abdul Hakim,
Syed Nabeel, Abdul Wahab khan

Page 2 of 3
 Page 1 of 127

MOHMAND DAM HYDROPOWER PROJECT (MDHP)

Contract ICB NO: MDHP-01: CONSTRUCTION OF CIVIL WORKS INCLUDING DESIGN, SUPPLY & INSTALLATION OF ELECTRICAL & MECHANICAL WORKS & HYDRAULIC STEEL STRUCTURES
Employer : WATER AND POWER DEVELOPMENT AUTHORITY
Engineer: MOHMAND DAM CONSULTANT GROUP (MDCG) Interim Payment Certificate No. 34
Contractor: CGGC-DESCON JV From 01.07.2023 to 31.07.2023

COMPOSITE MAIN SUMMARY (Lot-01, Lot-02 & Lot-03)

Amount up to Total this Total this
Total Upto date Amount due with
Sr. Ref. Amount of BOQ Previous Certificate in Certificate in
Description Amount this Certificate
No. Clause Certificate Pak Rs US $
Pak Rs Pak Rs Pak Rs Pak Rs Currencies distribution
(1) (2) (3) (4) (5) (6) (7) = (5) - (6) (8) (9)
1 14.3 (a) Work at base BOQ unit prices 149,242,026,070 43,532,305,809 42,788,275,588 744,030,220 460,898,801 2,446,783
2 14.3 (a) Variation Orders priced at Base BOQ rates - 2,177,585,645 1,785,528,804 392,056,841 231,202,717 1,390,079
3 14.3 (a) Total for Daywork 412,787,169 107,899,226 107,899,226 - - -
4 Total Amount Subject to Price Adjustment ( 1+2+3) 149,654,813,239 45,817,790,679 44,681,703,618 1,136,087,061 692,101,518 3,836,862
5 14.3 (b) Price Adjustment under Clause 13.8 (Applied on Sr. No. 4) 25,000,000,000 12,365,767,388 11,696,507,941 669,259,447 618,738,979 436,591
6 Total Amount after Adjusted Price (4+5) 174,654,813,239 58,183,558,067 56,378,211,559 1,805,346,508 1,310,840,497 4,273,453
7 Total Specified Provisional Sums 15,796,250,000 1,632,041,168 1,621,237,824 10,803,344 10,803,344 -
8 14.3 (a) Variation Orders based on current rates - 60,715,161 - 60,715,161 60,715,161 -
9 Total Amount subject to Retention (6+7+8) 190,451,063,239 59,876,314,396 57,999,449,383 1,876,865,013 1,382,359,002 4,273,453
10 14.3 (c) 10% Retention Money of the amount of IPC (on Sr. No. 9) upto 5% maximum (9,522,553,162) (5,987,631,444) (5,799,944,943) (187,686,501) (138,235,900) (427,345)
11 14.9 Payment of Retention Money 9,522,553,162 - -
12 Total Amount after Retention (9+10+11) 190,451,063,239 53,888,682,952 52,199,504,440 1,689,178,512 1,244,123,102 3,846,108
13 14.3 (d) Mobilization Advance 10% of accepted contract price 16,125,861,569 16,125,861,569 16,125,861,569 - - -
14 14.3 (d) Recovery of Mobilization Advance under Clause 14.2 & sub clause 8.2 (16,125,861,569) (10,136,255,844) (9,905,886,393) (230,369,451) (230,369,451) -
15 Total Amount after Advance Payments (12+13+14) 190,451,063,239 59,878,288,677 58,419,479,616 1,458,809,061 1,013,753,651 3,846,108
16 Withheld against HSE Non-Compliance (96,741,525) (96,741,525)
17 Withheld Released against HSE Non-Compliance 96,741,525 96,741,525
18 Total Net Amount Payable to the Contractor (15+16+17) 190,451,063,239 59,878,288,677 58,419,479,616 1,458,809,061 1,013,753,651 3,846,108

Certified by:

MARK FOX
Project Manager
MDCG Representative