Can I read IPC Deductions QS Calculation Guide on EtoBox?

IPC Deductions QS Calculation Guide by Shanaka Ashan is a document available to read on EtoBox.

What is IPC Deductions QS Calculation Guide about?

The IPC Deductions – QS Calculation Manual outlines common deductions such as advance recovery, retention, previous overpayments, and penalties. Advance recovery is calculated as the gross IPC value multiplied by the advance recovery percentage, while retention typically ranges from 5% to 10% based on the contract. Quantity Surveyors must ensure that all deductions adhere to the specified contract clauses and limits.

Author

Shanaka Ashan

Language

EN