The Employer has terminated because the Contractor has presented his petition for bankruptcy. What is the amount due?
The amount due will be that outlined in A1 (Clause 93.1) and A3 (Clause 93.2) . A1 includes:
an amount due for normal payments, the Defined Cost for Plant and Materials Other Defined Cost expected to be incurred in completing the whole of the works, amounts retained by the Employer, deduction of un-repaid balance of an advanced payment. A3 includes: a deduction of the forecast of the additional cost to the Employer of completing the whole of the works.