Contract Sum for the Works definition

Contract Sum for the Works means the Contract Sum accepted by the Government for the construction of the Works as stated in the Letter of Acceptance less contingency items;

Examples of Contract Sum for the Works in a sentence

  • Notwithstanding clause 6.4(a)(i), the Fixed Ceiling Consulting Feesas specified in Appendix 6B is fixed and cannot be adjusted throughout the Contract Period even if the Contract Sum for the Works exceeds the Estimated Contract Sum for Works or there is a change of the scope of Service or increase in the value of Works.

  • The Contract Sum for the Works for the Contract Period is [●] including VAT.

  • The Contractor shall not be required to certify the Subcontractor's statements.

  • The PCSA Retention shall be the Employer’s property until the last of the following events occur: the parties confirm in writing that the Contract Sum for the Works has been agreed; [and/or] the parties enter into the Contract; [and/or] [the parties confirm in writing that the Contractor has completed the delivery of the stage 4 design required by this agreement.

  • Therefore the remaining 95% of the estimated Contract Sum should be considered as the estimated Contract Sum for the "Works" and the total payment for safety items should be fixed on this basis.

  • Another definition of evaluation is the determination until something is truly valuable, of quality or of value.

  • Provided always that the total amount of compensation for delay to be paid under this condition shall not exceed the under noted percentage of the Contract Sum for the Works for which a separate period of completion is given.

  • The PCSA retention shall be the Customer’s property until the last of the following events occur:the parties confirm in writing that the Contract Sum for the Works has been agreed; and/or• the parties enter into the Contract; and/or• the parties confirm in writing that the Supplier has completed the delivery of its obligations under the PCSA.

Related to Contract Sum for the Works

  • Contract Sum means the sum named in the letter of acceptance including Physical contingencies subject to such addition thereto or deduction there-from as may be made under the provisions hereinafter contained.

  • Research Materials means all tangible materials other than Subject Data first produced in the performance of this CRADA.