Maldives Construction & Consulting Pvt Ltd
PAYMENT CERTIFICATE No. 2

IPC 02

Project: Meedhoo Pre-School (3 Classrooms) · Contractor: Addu Builders Pvt Ltd
Period: 26/02/2026 – 26/03/2026

Work Done

CodeDescriptionUnitContract QtyCum. QtyRateThis CertCumulative
01.001Mobilization, site establishment and transport of plant & materials to Meedhoosum 1.0000.670 MVR 0.00MVR 0.00 MVR 0.00
01.002Site office, stores, sanitary facilities and temporary services for contract periodsum 1.0000.670 MVR 0.00MVR 0.00 MVR 0.00
01.003Insurances, performance bond and statutory permitssum 1.0000.670 MVR 0.00MVR 0.00 MVR 0.00
03.001Excavate for foundations in all soils incl. disposal of surplus material 48.00032.000 MVR 0.00MVR 0.00 MVR 0.00

Certificate Summary

Gross work doneMVR 1,123,525.44
VariationsMVR 24,268.15
Materials on siteMVR 16,852.88
Gross totalMVR 1,164,646.47
Less retention (5%)MVR -58,232.32
Less previously certifiedMVR -573,896.80
Less advance recoveryMVR -126,396.61
Less other deductionsMVR -0.00
NET PAYABLE THIS CERTIFICATEMVR 406,120.74
Quantity Surveyor
Project Manager / Engineer
Employer