Provisional Sums definition

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.

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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 the provisional sums described in Attachment GG with each provisional being a “Provisional Sum.”

Examples of Provisional Sums in a sentence

• Contractor shall include with such Invoice a sixty (60) Day look-ahead schedule, prepared by Contractor, for such Month N and Month N+1 that shows, among other requirements, Contractor’s schedule for (i) completing such Payment Milestones in Month N+1 and (ii) incurring such allowable costs and expenses for time and materials Change Orders and Provisional Sums during such Month N+1.

• Contractor’s Books and Records may be audited as necessary to (i) validate all amounts billed under any Change Orders that are not lump sum or with respect to any Provisional Sums, and (ii) review and confirm safety and quality records.

• The Contract Price, which is separated as described above, includes an aggregate amount that is provided in Attachment GG for the Provisional Sums (the “Aggregate Provisional Sum”).

• The Contract Price (including the Subproject Contract Prices) is subject to adjustment only by Change Order as provided in Article 6, and includes all Taxes payable by Contractor, its Subcontractors and its Sub-subcontractors in connection with the Work, all Provisional Sums, and all costs, charges, and expenses of whatever nature necessary for performance of the Work.

More Definitions of Provisional Sums

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.

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

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 as set forth in Attachment C-3 to Appendix C with each provisional sum being a “Provisional Sum.”

Provisional Sums means any such sum as shall be identified specifically as such in the Tender Documents.