Page 13 of 18  August 2020 d4c_tenderform_en  Item  Sub-clauses of FIDIC  Conditions of  Contract or the  Particular Conditions  Information  Number and timing of  instalments  14.2 Two instalments:  - First instalment made up of  75% of total Advance Payment  paid  within  42  days  upon  delivery  of  the  Advance  Payment Guarantee  - Second instalment made up of  25% of total Advance Payment  paid  within  42  days  upon  approval  of  the  Preliminary  Design Deliverables  Currencies and proportions  14.2 100 % in Euro  Start of repayment of Advance  Payment  14.2 (a)  When the amount of Interim  Payment reaches 20% of the  Accepted Contract Amount less  Provisional Sums  Repayment amortisation of  advance payment  14.2 (b)  20 %  Percentage of retention  14.3 (c)  6 %  Limit of Retention Money  14.3  6 % of the Accepted Contract  Amount  Minimum amount of interim  payment certificates  14.6  3 % of the Accepted Contract  Amount  Currency/currencies of payment  14.15  Euro (as named in the Contract  Form).  The Insuring Party  18.1  The Contractor  Periods for submission of  insurance:  (a) evidence of insurance  (b) relevant policies  18.1  (a) 0 days (b) 14 calendar days  Minimum amount of third party  insurance  18.3  Minimum of € 1million per  occurrence with unlimited  number of occurrences. The third party damages shall be  insured within maximum 3  months after commencement  date. Otherwise, the contractor  cannot entitle Interim Payment  Certificate. 