Provisional Sum means a sum (if any) which is specified in the Contract as a provisional sum, for the execution of any part of the Works or for the supply of Plant, Materials or services under Sub-Clause 13.5 [Provisional Sums].
Provisional Sum means a sum, described as such for the execution of Works or for the supply of goods or services to be used in accordance with sub Clause 36.1.
Provisional Sum or “PROVISIONAL LUMPSUM” means a lump-sum include by the BHEL in the tender documents and represent the estimated value of work for which details are not available at the time of inviting the tender.
Examples of Provisional Sum in a sentence
Pursuant to Attachment JJ, Section 1.2B (Interim Adjustment), Owner and Contractor shall execute a Change Order in accordance with Article 6 of the Agreement to amend the Insurance Provisional Sum amount in the Agreement to the Anticipated Actual Insurance Cost.
Provisional Sum: An amount allowed for in the Pricing Schedule, for which the quantity of work is not known.
More Definitions of Provisional Sum
Provisional Sum or “Provisional Lump sum” means a lump sum included by the Employer in the tender documents and shall represent the estimated value of work for which details are not available at the time of issue of tender.
Provisional Sum or “PROVISIONAL LUMPSUM” means a lump sum included by the BHEL in the work for which details are not available at the time of inviting tender.
Provisional Sum means a sum included in the contract and so designated in the bill of quantities for execution of works or the supply of goods, materials or services or for contingencies, which sum may be used, in whole, or in part, or not at all, at the direction or discretion of the Consultant. The contract price shall include only such amounts in respect of the work, supply or services to which provisional sums relate as the Consultant shall approve or determine.
Provisional Sum or "Provisional lump sum" shall mean lump sum included by university in tender documents and shall represent the estimated value of work for which details are not available at the time of issue of tender.
Provisional Sum 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 instructions 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 this Clause. The Engineer shall notify the Contractor of any determination made under this Sub-Clause, with a copy to the Employer.
Provisional Sum means a sum included in the bill of quantities for the construction management services, execution of work, supply of goods/materials/ services or contingencies where the work items cannot be quantified accurately. The provisional sum amounts shall be included in the BOQ, by the Engineer/Provincial Director as per relevant assumptions on the matter and should be reasonable and justifiable respect to the site conditions and design requirements. This shall be executed in whole or in part or not at all at the direction and discretion of the Resident Engineer /Chief Engineer/Provincial Director. In case the provisional sum provided is not sufficient, funds allocated for contingencies item in the estimate shall be utilized to cover additional cost subject to the approval of the Provincial Director.
Provisional Sum means a sum included in the Contract and so designated in the Bill of Quantities or Activity Schedule for the provision of supplies, works or services or for contingencies to be expended for the execution of the Works in whole or part at the direction of the Project Manager.