Sharjah Road Interchange (stalled) — Dubai
Metro Infra Partners · Falcon Ridge Builders · Arcadia Consult · Capital Trust Bank (demo data)
Contract value
AED 66.80M
Re-measured · FIDIC Red Book 1999
Bank exposure
AED 42.00M
AED 31.60M disbursed
Claimed vs verified
48.2% / 39.4%
Engineer certified 39.4%
Schedule variance
-29%
Completion 2026-06-30
Claimed vs verified vs planned progress
AI-assisted — Professional Engineer approval required. Figures are model-generated from submitted evidence and are not certified until an engineer signs off.
Contract particulars
- Contract type
- Re-measured
- Form of contract
- FIDIC Red Book 1999
- Commencement
- 2023-02-01
- Contractual completion
- 2026-06-30
- Retention
- 10%
- Defect Liability Period
- 12 months
- Units
- n/a
- Advance recovery
- 10%, pro-rata from IPC-004
- Variations approved
- 3 (AED 1.42M)