Contract Management 1

It is a written agreement authorizing an addition, deletion or revision in the work and/or time of completion within the limits of the contract after it has been executed.

• Time Variance

• Extra Work

• Variation Order

• Change Order

A Department Order Prescribing Limitations of Variation Orders for Civil Works Contracts

• D.O. No. 204 s. 2014

• D.O. No. 204 s. 2004

• D.O. No. 104 s. 2004

• D.O. No. 104 s. 2014

Transfer of any monetary value in exchange of services and good in acceptable proportions that have been agreed upon by all parties involved.

• Payment

• Bonus

• Incentives

The cumulative amount of the positive or additive Variation Order does not exceed _____ of the original contract price.

• 1%

• 5%

• 20%

• 10%

Section 4, Annex E of the Revised IRR of RA 9184, advance payment to the contractor in an amount shall not exceed ____ % of the total contract price.

• 10

• 15

• 5

• 1

Who is authorize to initiate the Variation Order?

• Contractor

• Implementing Office

• Either the contractor or the Implementing Office

• None of the above

Is the amount paid to the contractor to compensate for fluctuation of prices of construction supplies and materials, equipment and labor during the period under consideration.

• Reimbursement

• Price Escalation

• Incentive Bonus

• Liquidated Damages

Issued by the implementing official to cover any increase/decrease in quantities of original work items in the contract.

• Change Order

• Extra Work Order

• Modification

• Realignment

Issued by the implementing official to cover the introduction of new work necessary for the completion, improvement or protection of the project which was not included as items of work in the original contract.

• Change Order

• Realignment

• Extra Work

• Modification

Also known as Government Procurement Act. In which, it serves as the legal basis for contract management.

• RA 1849

• RA 4198

• RA 8194

• RA 9184