Prepare a cash flow forecast in a tabular form with reference to the following information:

 Contract Sum for Main Contract Works: AUD$200,000,000 including a Provisional Sum of AUD $10,000,000 for Contingencies and Prime Cost Sum of AUD $40,000,000 for Nominated Sub-Contract M&E works and

 Contract Period – Main contract: 25 months  Contract Period – Sub-Contract M&E works: 18 months (Start from Month 8 of the main Contract Period)

 Retention: 10% (but up to 5% of the total contract sum)

 One moiety of the retention to be released to be released at the date of practical completion

 Another half of the retention shall be released upon the expiry of the Defects Liability Period (say 12 months after the practical completion of the Work)

Answer rating: 100% (QA)

Main Contract incl Contingencies AUD 200000000 5 of total contract Sum Nominated SubContract ME AUD ... View the full answer