Payment amount will be based on progress completion of work (approved by both parties) with retention of 10% of this payment
924,317,850
Second payment
20% of the total contract upon completion of the rough wall
856,000,000
All of the amount remaining including the 10% retention in previous payment will be paid upon completion of all works (approved by both parties) (excluding 5% of the total contract amount which will be paid in accordance with Article 5.3 - Final payment - of the contract)
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