Formats  › Tendering & Contracts  › Interim Payment Certificate
Register · FMT-TND-017
Interim Payment Certificate (IPC)
11 fields across 4 sections. Monthly running bill certificate — basis for contractor's RA payment.
11 Fields
4 Sections
Monthly during construction
EE / PMC, Contractor

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S.No.Field / CheckpointReferenceStatus
A. CERTIFICATE HEADER
A1IPC number + period + work completion %
Acceptance: Date range covered
Sequential numbering
OK
NC
NA
A2Contract reference + accepted value
Acceptance: Value per contract
Tied to award
OK
NC
NA
B. MEASUREMENT-BASED VALUE
B1BOQ items measured this period × rates = gross value
Acceptance: MB folio referenced
MB-supported measurements
OK
NC
NA
B2Material on site (if contract permits)
Acceptance: Material certified by EE
Per CPWD Para 38
OK
NC
NA
B3Star rates for non-BOQ items
Acceptance: Approval letter on file
Star rate approval cited
OK
NC
NA
C. DEDUCTIONS
C1Mobilisation advance recovery
Acceptance: Cumulative tracked
Per recovery schedule
OK
NC
NA
C2Retention (typically 5% of bill, max 5% of contract value)
Acceptance: Released as per contract
CPWD Para 38 / FIDIC
OK
NC
NA
C3TDS + GST adjustments + labour cess (BOCW 1%)
Acceptance: Challans on file
Statutory deductions
OK
NC
NA
C4Liquidated damages (if applicable)
Acceptance: Levied only after due notice
Per contract clause
OK
NC
NA
Showing 9 of 11 fields ·
A. CERTIFICATE HEADER
A1IPC number + period + work completion %
Sequential numbering
Date range covered
OKNCNA
A2Contract reference + accepted value
Tied to award
Value per contract
OKNCNA
B. MEASUREMENT-BASED VALUE
B1BOQ items measured this period × rates = gross value
MB-supported measurements
MB folio referenced
OKNCNA
B2Material on site (if contract permits)
Per CPWD Para 38
Material certified by EE
OKNCNA
B3Star rates for non-BOQ items
Star rate approval cited
Approval letter on file
OKNCNA
C. DEDUCTIONS
C1Mobilisation advance recovery
Per recovery schedule
Cumulative tracked
OKNCNA
C2Retention (typically 5% of bill, max 5% of contract value)
CPWD Para 38 / FIDIC
Released as per contract
OKNCNA
C3TDS + GST adjustments + labour cess (BOCW 1%)
Statutory deductions
Challans on file
OKNCNA
C4Liquidated damages (if applicable)
Per contract clause
Levied only after due notice
OKNCNA
Showing 9 of 11 ·
Approval / Sign-Off
APPROVED
HOLD — REVISIONS REQUIRED
REJECTED
Overall Verdict
Name / Sign / Date
Prepared By — Name / Sign
Name / Sign / Date
Reviewed By — Name / Sign
Name / Sign / Date
Approved By — Name / Sign
Name / Sign / Date
Date & Time
Name / Sign / Date
Remarks
Name / Sign / Date