Variation Orders beyond 10%

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Variation Orders beyond 10%

Post by migz on Tue Aug 09, 2011 3:43 pm

in Annex E of the IRR, provision 1.4 "....cumulative value of the positive VOs go beyond 10% but not more than 20% of the original contract price, subject to the guidelines to be determined by the GPPB;..." at hand, a case of cumulative VOs reaches to 14%, then upon pre-audit by the auditor of the final payment, he is looking for the guidelines as stated in the provision. Is there already a guidelines on it? If there is no guidelines yet, can the auditor not allowed the payment of this? or he can just allow the payment of up to 10% in the absence of the guidelines?
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