Government Project Insurance Cheat Sheet
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Government projects come with a fixed insurance and bond shape. The Malaysian contractor's cheat sheet for JKR, MOF, and CIDB requirements.
Built for the QS, contracts manager, or owner-director at a Malaysian CIDB-registered contractor pursuing or holding JKR, MOF, or other government project work.
✔ PWD 203A insurance allocation: Clauses 17 (SOCSO local workmen), 32 to 33 (Public Liability), 48.1(a) (Defects Liability Period 12 months)
✔ Performance Bond at the PWD 203A standard 5 percent of contract sum; APG where mobilisation advance applies
✔ WC including foreign workers via SOCSO Employment Injury Scheme since 1 January 2019; CAR / EAR for M&E erection scope
✔ CIDB Act 520 levy at 0.125 percent of contract value above RM 500,000; SPKK eligibility check
For Malaysian CIDB-registered government project contractors. Subject to policy terms and conditions. Foundation is a specialist property and engineering insurance intermediary, not a broker.
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Foundation Insurance Solutions is a registered and licensed insurance intermediary in Malaysia specialising in property and engineering insurance for industrial operations. We provide comprehensive coverage for manufacturers, contractors, and facility owners across construction, electronics, food production, and high-risk industrial sectors.
Riskflow Sdn Bhd (202101001225):
Suite 3.19 (North Block), The Ampwalk, 218 Jalan Ampang, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur
t: +60149256398 (Kevin)
email: kevin.hoong@getfoundation.com.my
