contract sum

contract sum

The price stated in the owner-contractor agreement, which is the total amount payable by the owner to the contractor for the performance of the work, 1 under the contract documents; can be adjusted only by a change order.
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References in periodicals archive ?
Shehu said FEC approved the augmentation of the contract sum for Mangu Dam, in Plateau State to the tune ofN7.
Near mishaps: FG orders full audit of Dana Airline
Deposits and Guarantees required: Contractor"s or Performance Bond or Deposit by Way of Security If the Contract Sum is 250 000 GBP or more, the Contractor shall, no later than the date of this Contract, procure the execution and delivery of a performance bond in favour of the Employer in the form included within the Employer s Requirements.
Enterprise Centre Design and Building of Chichester District Council
In South-western Nigeria it has been observed by that, of the three special sums, PC sums often account for the heaviest percentage of the contract sum [1].
Variability analysis of prime cost sums
The one-page service contract set out the estimated contract sum of $200 and contained this clause: "The liability of MEI and the liability of its employees are limited to the contract sum.
Court enforces limitation-of-liability provision
Deposits and Guarantees required: 5% of the contract sum to secure the contract.
Conveyor systems - comprehensive school
Warranty claims from a contract sum of 150 000 EUR.
Reconstruction and rehabilitation of the specialist classroom wing at the school center kronach
security for performance of the contract from a contract sum of 250 000 EUR.
Reconstruction and rehabilitation of the specialist classroom wing at the school center kronach
The estimated contract sum is NOK 4 000 000 including VAT.
Advertising consultancy services
5% of the contract sum being replaced by performance guarantee amounting to 5% of the contract sum.
Provision of Repainting
Deposits and Guarantees required: Contract in the amount of 5% of the contract sum.
New motorway a 21, 4-lane expansion of b404 to the a21 motorway, lot 5, topsoil work
As well as security for claims (3% of the contract sum plus.
Natural stone work inside

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