PAKISTAN WATER AND POWER DEVELOPMENT AUTHORITY versus MESSRS SHAUKAT & RAZA (PVT.) LIMITED
Section Construction Construction Construction Contractor Contracting Contractor's Work After Contract Date After the Contractor pays the Contractor to withhold certain amount of money and trigger the risk and cost adjustment. Adjusted to and not redistributed to the principal was not authorized by the contractor to make adjustable adjustments in the amount payable by the contractor, therefore, it is not permissible for the unfair principal to demand a dynamic advance payment bond. Was, therefore, a dynamic advance refund in the circumstances Was not entitled to receive.
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