PROVISIONAL SUM Sample Clauses

PROVISIONAL SUM. (1) Where the Project Manager is required by the Employer to execute or provide a measure described as a Provisional Sum Item in relation to the Project, the Project Manager shall be reimbursed for the actual cost of such Provisional Sum Item, provided that (i) such costs are no higher than fair market rates for the Provisional Sum Item, and (ii) such costs did not, directly or indirectly, arise out of or in connection with any negligence, breach of contract, unlawful or wrongful action or omission, fraud, bad faith, wilful misconduct or breach of any duty of the Project Manager, any of the Project Manager’s sub-consultants or sub-contractors, or any of their respective directors, officers, employees or agents. APPENDIX Clause Scope of Services 1.1(1) Refer to Annex A Stages of Agreement 1.1(2) Refer to Annex A Defects Liability Period 1.3(8)

PROVISIONAL SUM. 8.5.1 REDACTED – 5 lines 8.5.2 Within sixty (60) Working Days of completing the Southern Resource Park Land Option Agreement the Contractor shall at its own cost carry out a survey to assess the extent of the remedial ground works required in order to carry out the Works at the Southern Resource Park in accordance with the requirements of Schedules 1 (Output Specification) and 2 (Services Delivery Plan) (the “Survey”). For the avoidance of doubt the cost of the Survey shall not be included within the Provisional Sum.

PROVISIONAL SUM. (A) The Contract Price includes the provisional sums listed in Exhibit A. (B) CONTRACTOR shall comply with directions of COMPANY to carry out the work or supply an item to which the provisional sum relates. (C) CONTRACTOR shall submit prices for the work or item to which each provisional sum relates to COMPANY prior to COMPANY issuing a direction in relation to that work or item. (D) A provisional sum included in this Agreement shall not itself be payable by COMPANY but where pursuant to a direction issued by the COMPANY any part or the whole of the work or item to which the provisional sum relates is carried out or supplied by CONTRACTOR, the work or item shall be priced by the COMPANY, and the difference shall be added to or deducted from the Contract Price. (E) The Contract Price includes an amount for profit, preliminaries and on and off-site overheads in relation to the provisional sums and no amount for profit, preliminaries and on and off-site overheads in relation to the provisional sums shall be added to or deducted from the Contract Price.

PROVISIONAL SUM. The parties' agreement on the use of the Provisional Sum: It shall be used as required by the Project Owner, and shall be settled with the amount actually incurred after the verification and confirmation of the Project Owner. The amount not incurred shall be deducted from the Contract Price accordingly. Besides, when the Project Owner explicitly refers to the "optional project" in the Provisional Sum Project, unless explicitly instructed by the Project Owner, the Project Owner shall have the right to cancel it from the scope of the Contractor at any time and the Contractor shall have no right to make any claim.

PROVISIONAL SUM. The Provisional Sum can only be used according to the Supervisor's instructions and the actual price shall be adjusted accordingly.