Provisional Sums means a sum included in the Contract and so designated in the Bill of Quantities for the execution of any part of the Works or for the supply of goods, materials, Plant or services, or for contingencies, which sum may be used, in whole or in part, or not at all, on the instruction of the Engineer. The Contractor shall be entitled to only such amounts in respect of the work, supply or contingencies to which such Provisional Sums relate as the Engineer shall determine in accordance with the Clause. The Engineer shall notify the Contractor of any determination made under this Sub-clause.
Provisional Sums means amounts of money specified by the Procuring Entity in the Bill of Quantities which shall be used, at its discretion, for payments to nominated Subcontractors and other purposes detailed in the Tender Documents;
Provisional Sums means an amount (if any) which is specified in the Bid as a provisional estimate in cases in which the full extent or nature of the work is not yet known for the proposed execution of any part of the Works or for the supply of plant, materials or services as may be instructed by the Engineer under GCC Sub-Clause 13.5.
Examples of Provisional Sums in a sentence
Provisional Sums contained herein may be omitted or reduced at the employer's sole discretion and the contractor shall not be entitled to claim for any loss by way of reductions or omissions of any discount, or percentage relating to the Provisional Sums pr P.C Amounts or any loss of profit related thereto.
More Definitions of Provisional Sums
Provisional Sums or Provisional Lump Sum" means Lump Sum included by the corporation in the tender document and represents the estimated value of work for which details are not available at the time of going to tender.
Provisional Sums means a sum included in the Contract and so designated in the Bill of Quantities for the execution of any part of the Works or for the supply of goods, materials, Plant or services, or for contingencies, which sum may be
Provisional Sums means amounts of money specified by the Procuring Entity in the BOQ which shall be used, at its discretion for meeting other essential expenditures under the Contract pursuant to GCC Sub Clause 75.
Provisional Sums means the provisional sums described in Attachment GG with each provisional being a “Provisional Sum.”
Provisional Sums. Again not new but look carefully at the definition. • “Rectification”. Gone is “Defects liability”. We now have an obligation to make good defects, shrinkages or faults in the materials or workmanship.
Provisional Sums means a sum included in the Contmct and so de,ignatetl in the Bill ofQlIanlitics for the ex«ution ofany pan of the Works m fm the
Provisional Sums means a sum included in the Contract and so designated in