the Contract Sum definition

the Contract Sum means the price payable to the Supplier under the contract for the full and proper performance of his contractual obligations.
the Contract Sum means: the sum of N$ plus such other amounts as shall become payable as set out hereunder at the times and in the manner specified herein.
the Contract Sum means the sum accepted or the sum calculated in accordance with the prices accepted in the tender and / or the contract rates as payable to the contractor for the execution and full completion of the work to the satisfaction of the Company.

Examples of the Contract Sum in a sentence

  • Requests for adjustments in the Contract Time or the Contract Sum.

  • Cost information, including a proposal of change, if any, in the Contract Sum.

  • Indicate the effect of the proposed change on the Contract Sum and the Contract Time.

  • Provide a breakdown of the Contract Sum in enough detail to facilitate continued evaluation of Applications for Payment and progress reports.

  • Updated final statement, accounting for final changes to the Contract Sum.


More Definitions of the Contract Sum

the Contract Sum means the sum accepted or calculated in accordance with the prices accepted by the Employer and which is named in the Contract and which may be subject to such additions thereto or deductions therefrom as may be made under the provisions hereinafter contained.
the Contract Sum means: in the case of item rate contracts the cost of the works arrived at after extension of quantities shown in Schedule of the Quantities by the item rates quoted by the tenderer for the various items.
the Contract Sum means the amount of the Tender price accepted by the Trust
the Contract Sum means the sum inclusive of VAT or such other amounts as shall become payable as set out hereunder at the times and in the manner specified herein and shall be payable to the Contractor or at his chosen address being his domicilium citandi et executandi. The final amount shall be determined from the area given on the final approved drawings. The contract sum shall be based on the building cost set out in the Deed of Sale.
the Contract Sum means the sum of or such amounts as shall become payable as set out hereunder at the time and in the manner specified herein and shall be payable to the Plumbing Contractor at his chosen domicilium citandi et executandi.
the Contract Sum means the contract sum stated in paragraph 5 . 1 of the contract details;
the Contract Sum means the sum accepted, or the sum calculated in accordance with the prices accepted, by the Secretary of State as payable to the Contractor for the full and entire execution and completion of the Works before taking into account the effect of Conditions 7, 9 and 22;