Subcontract Sum definition

Subcontract Sum means the subcontract sum set out in the Subcontract Order;

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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.

Examples of Subcontract Sum in a sentence

No loss of profit will be allowed in respect of such instructions and the Subcontract Sum will be deemed to include all supervision, plant, insurance and other preliminary and general items in respect of work which is the subject of any Provisional and/or Prime Cost sums except where the same have been declared by the Subcontractor in the Subcontract to have been included in the unit prices used in the calculation of the Subcontract Sum.
Where any extension of time, amount of loss and expense, addition or deduction from the Contract Sum and any other amount agreed to be payable is agreed in writing at any time, then such agreement shall apply to the Variation in question and no further extension of time shall be given and no further increase to the Subcontract Sum or payment in respect of loss and expense shall be made or entitlement to claim for extension of time shall arise.
If the Subcontractor fails to comply with its obligations under Clause 15.6, the Subcontractor shall not be entitled to claim any extension of time, loss and expense or addition to the Subcontract Sum or any other additional payment in respect of the Variation.
Notwithstanding any other provision of this Subcontract, the Subcontractor and/or the Subcontractor's Persons shall not be entitled to access of any part of the Site until such person has completed a Site SHE Induction in accordance with this Clause and provided always that no adjustment shall be made to the Subcontract Sum and no extension of time shall be given as a result of such denial of access.

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 the sum set out in Item 6, as adjusted 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.

Subcontract Sum. The price of the Work (the "Subcontract Sum") is written dollar amount Dollars and 00/100 ($XXXX.00).

Subcontract Sum. The Subcontract sum is: $ Agreed to by authorized representatives of VIEW and the SUBCONTRACTOR on the date set forth below: SUBCONTRACTOR: CONTRACTOR: By: By: (Printed Name and Title) (Printed Name and Title) Date: Date: Headquarters Manufacturing Facility ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇. ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇, Olive Branch, Mississippi 38654 Tel ▇▇▇.▇▇▇.▇▇▇▇ Fax ▇▇▇.▇▇▇.▇▇▇▇ Tel ▇▇▇.▇▇▇.▇▇▇▇ Fax ▇▇▇.▇▇▇.▇▇▇▇