(a) Special claim,

(b) The liability of the construction entrepreneur, supplier, service provider or consultant to a third party arisen or likely to arise in carrying out procurement works, and

(c) Claim of the reimbursement relating to the liability borne by a construction entrepreneur, supplier, service provider or consultant in respect of a third party while performing procurement contract, but not claimed with the Public Entity and not having information in time.

47. Retention

47.1 The Employer shall retain³³ from each payment due to the Contractor the proportion stated in the SCC until Completion of the whole of the Works.

47.2 One half of the retention shall be repaid by the Employer to the contractor within 15 days upon expiry of Defects Liability Period and the Project Manager has certified that all Defects notified by the Project Manager to the Contractor before the end of this period have been corrected.

47.3 The remainder of the retention shall be paid by the Employer to the contractor within 15 days after submission of an evidence document issued by the concerned Internal Revenue Office that the contractor has submitted his Income Returns.

47.4 On completion of the whole Works, the Contractor may substitute retention money with an “on demand” Bank guarantee.

PWD Part III, Medium Contract, Clause 48, Condition of Contract

48. Retention

48.1 The Employer shall retain27 from each payment due to the Contractor the proportion stated in the Contract Data until Completion of the whole of the Works.

48.2 On completion of the whole of the Works, half the total amount retained shall be repaid to the Contractor and half when the Defects Liability Period has passed and the Project Manager has certified that all Defects notified by the Project Manager to the Contractor before the end of this period have been corrected. 48.3 On completion of the whole Works, the Contractor may substitute retention money with an “on demand” bank guarantee.