Subcontract Sum means the agreed price for the works stated in the Subcontract Order; The Sum payable to the sub-contractor for carrying out the works, exclusive of VAT (unless identified accordingly) subject to retention, CIS, CITB or any other statutorily required deductions, fixed and firm expecting where either the works are varied and valued by the terms of this Agreement or by supplemental agreement.
Subcontract Sum means the amount stated in the Order and any adjustment thereto which is accepted by Centum as being the value of the Subcontract Works.
Subcontract Sum means the subcontract sum set out in the Subcontract Order;
Examples of Subcontract Sum in a sentence
Notwithstanding any other provision of this Subcontract, the Subcontractor shall not be entitled to receive, and the Contractor shall not be liable for, any adjustment of the Subcontract Sum unless the relevant instruction or direction is confirmed in writing.
Unless stated otherwise in the Subcontract, the Subcontract Sum is not subject to adjustment for rise and fall in costs for any cause whatsoever, including changes in the cost of labour, plant, equipment, materials, goods, taxation (other than GST), excise, duty, fees, or charges.
More Definitions of Subcontract Sum
Subcontract Sum means: The accepted amount inclusive of tax of R
Subcontract Sum means the amount payable to the Subcontractor by the Contractor, as set out in the relevant Purchase Order and as adjusted in accordance with the Subcontract.
Subcontract Sum means the sum set out in Item 5 of Schedule 1 (which amount is exclusive of GST) as adjusted in accordance with this Subcontract including any adjustment in accordance with this Subcontract.
Subcontract Sum means: (a) if the purchase order states that the Subcontract is a lump sum contract, the lump sum (including any provisional sum(s)) stated in the issued purchase order for the project. (b) if the purchase order states that the Subcontract is a schedule of rates contract, the sum of the amounts calculated by multiplying the rates for the relevant items identified in the priced schedule of rates in the purchase order by the corresponding measured quantities of those items actually directed and performed and in accordance with the Subcontract; or (c) if the purchase order states that the Subcontract is partly a lump sum contract and partly a schedule of rates contract: (i) the lump sum (including any provisional sum(s)) stated in purchase order plus (ii) the sum of the amounts calculated by multiplying the rates for the relevant items identified in the priced schedule of rates in the purchase order with the attached rates approval form by the corresponding measured quantities of those items actually directed and performed in accordance with the Subcontract, as adjusted in accordance with the Subcontract.
Subcontract Sum means the amount stated in the Order and any adjustment thereto which is accepted by GBE Converge as being the value of the Subcontract Works as valued in accordance with these Conditions;
Subcontract Sum has the meaning in clause 3.