[27 April 2021] Circular on Simplified Claim Process for Extension of Time and Prolongation Costs in Public Sector Construction Contracts due to COVID-19 Events

This circular informs all contractors registered in CRS that Government Procuring Entities (“GPEs”) have been advised on the following, to:

  1. Grant common extension of time (“EOT”) for delay in works due to COVID-19 for period from 7 August 2020 to 31 December 2020, where applicable;
  2. Co-share a base 0.1% of awarded contract sum per month of delay for eligible contracts up to $100mil; and
  3. Adopt common methods of computation for depreciation of contractor-owned equipment.