Adjustment of preliminaries. [10.3] Option A (three categories) (yes/no) Yes Option B (detailed breakdown) (yes/no) No
Adjustment of preliminaries. [10.3] Option A (three categories) YES Option B (detailed breakdown) NO Carried to Collection R
Adjustment of preliminaries. Select Option A or Option A shall B Where the contractor does not select an option, apply. The amount of preliminaries shall be adjusted to take account of the effect of changes in time and/or value on preliminaries. Such adjustment shall be based on the particulars provided by the contractor for this purpose in terms of Options A or B, shall preclude any further adjustment of the amount of preliminaries and shall apply notwithstanding the actual employment of resources by the contractor in the execution of the works. For the adjustment of preliminaries both the contract sum and the contract value shall exclude the amount of preliminaries, contingency sum(s) and any provision for contract price adjustment (cost fluctuations). Where the total amount of preliminaries is not identified (in a lump sum contract) it shall e taken as 7.5% (seven and a half percent) of the contract sum, excluding contingency sums, and any provision for contract price adjustment (cost fluctuation) Option A The preliminaries shall be adjusted in accordance with an allocation of preliminaries amounts to be provided by the contractor within fifteen (15) working days of the date of acceptance of the tender as follows: - An amount which shall not be varied; - An amount varied in proportion to the contract value as compared to the contract sum; - An amount varied in proportion to the number of calendar days extension to the date of practical completion to which the contractor is entitled with an adjustment of the contract value Option B The preliminaries shall be adjusted in accordance with a detailed breakdown of preliminaries amounts for the works or of a section to be provided by the contractor within fifteen (15) working days of possession of the site. Such breakdown shall inter alia include administrative and supervisory staff charges and charges for the use of construction equipment, all in terms of the programme. The adjustment of preliminaries shall be based on the number of calendar days extension to the date of practical completion to which the contractor is entitled with an adjustment of the contract value as compared to the number of calendar days in the initial construction period taking into account the resources planned for the period of construction during which the delay occurred (not for the period added to the initial or extended date for practical completion) Where the contractor does not provide the detailed breakdown of preliminaries within the period stated, Option...
Adjustment of preliminaries. [10.3] YES Option A (three categories) (yes/no) NO Option B (detailed breakdown) (yes/no) Carried to Collection R Section No. 1 PRELIMINARIES Bill No. 1 PRELIMINARIES & GENERAL Procost & Associates (PTY) Ltd
Adjustment of preliminaries. The amount or items of preliminaries shall be adjusted to take account of the theoretical financial effect which changes in time and/or value have on preliminaries. Such an adjustment shall be based on the particulars provided by the contractor for this purpose in terms of Option A or B and shall preclude any further adjustment of preliminaries. Adjustment of preliminaries in terms of Options A or B shall apply notwithstanding the actual employment of resources by the contractor in the execution of the works. The adjustment of preliminaries shall be based on the option as selected in the contractor’s tender. For the adjustment of the preliminaries both the contract sum and the contract value shall exclude: * The amount of preliminaries * Any contingency sum * Any amount in respect of CPAP Clause 3.2 shall be amended by the addition of the following clause: “Should the Principal Agent instruct the Contractor to accelerate in terms of Clause A29 hereof, the Contractor’s entitlement shall be calculated by adding to the entitlement to which he would otherwise have become due should the Contract Period have been extended, a further 30% to the value thereof The additional 30% shall be deemed to fully reimburse the Contractor for any additional expenses and loss beyond that contemplated by the Contractor at time of tender including the under Carried Forward R Section No. 1 Bill No. 1 Preliminaries PUR 5603/40 Brought Forward R utilization of any resources and the like due to the Contractor having been instructed by the Principal Agent to accelerate
