Talk:Prime cost sum - Revision history

Designing Buildings at 07:51, 2 January 2023

2023-01-02T07:51:51Z

← Older revision		Revision as of 07:51, 2 January 2023
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	If a fixed term contract has a pc sum and the builder increases the pc sum, however such increase was not approved by the client then is it termed as breach of contract? And is the client liable to pay such increase? The contract does allow for increase in pc sum as a variation however states that client should approve it.		If a fixed term contract has a pc sum and the builder increases the pc sum, however such increase was not approved by the client then is it termed as breach of contract? And is the client liable to pay such increase? The contract does allow for increase in pc sum as a variation however states that client should approve it.

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	As with all issues - it depends on the exact wording of the specific contract you are using. In very general terms however - the point of a PC sum is that it is an estimate put in the tender to allow the contractor to price attendance and include its execution into the contract programme. Resolution of the PC sum is the responsibility of the contract administrator, often the Architect assisted by a QS. It is up the the contract administrator to seek client approval before it is included in the contract by means of “an instruction”. Once instructed the builder is entitled to full payment of the revised contract sum.		As with all issues - it depends on the exact wording of the specific contract you are using. In very general terms however - the point of a PC sum is that it is an estimate put in the tender to allow the contractor to price attendance and include its execution into the contract programme. Resolution of the PC sum is the responsibility of the contract administrator, often the Architect assisted by a QS. It is up the the contract administrator to seek client approval before it is included in the contract by means of “an instruction”. Once instructed the builder is entitled to full payment of the revised contract sum.

Designing Buildings at 08:33, 5 March 2018

2018-03-05T08:33:48Z

← Older revision		Revision as of 08:33, 5 March 2018
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	If a fixed term contract has a pc sum and the builder increases the pc sum, however such increase was not approved by the client then is it termed as breach of contract? And is the client liable to pay such increase? The contract does allow for increase in pc sum as a variation however states that client should approve it.		If a fixed term contract has a pc sum and the builder increases the pc sum, however such increase was not approved by the client then is it termed as breach of contract? And is the client liable to pay such increase? The contract does allow for increase in pc sum as a variation however states that client should approve it.
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		+	As with all issues - it depends on the exact wording of the specific contract you are using. In very general terms however - the point of a PC sum is that it is an estimate put in the tender to allow the contractor to price attendance and include its execution into the contract programme. Resolution of the PC sum is the responsibility of the contract administrator, often the Architect assisted by a QS. It is up the the contract administrator to seek client approval before it is included in the contract by means of “an instruction”. Once instructed the builder is entitled to full payment of the revised contract sum.

125.238.141.115 at 20:51, 3 March 2018

2018-03-03T20:51:24Z

← Older revision		Revision as of 20:51, 3 March 2018
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−	~~im looking for 3 types of prime cost sum can anyone help me out?~~	+	If a fixed term contract has a pc sum and the builder increases the pc sum, however such increase was not approved by the client then is it termed as breach of contract? And is the client liable to pay such increase? The contract does allow for increase in pc sum as a variation however states that client should approve it.
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−	~~-----~~	+
−	~~# An Item that~~ has ~~not been selected at~~ the ~~point of tendering.~~	+
−	~~# An item that has been selected~~, ~~but it has~~ not ~~been possible~~ to ~~get~~ a ~~price.~~	+
−	~~# Work undertaken by a nominated subcontractor~~.	+

81.140.196.234 at 06:41, 2 October 2016

2016-10-02T06:41:07Z

← Older revision		Revision as of 06:41, 2 October 2016
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	im looking for 3 types of prime cost sum can anyone help me out?		im looking for 3 types of prime cost sum can anyone help me out?
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		+	# An Item that has not been selected at the point of tendering.
		+	# An item that has been selected, but it has not been possible to get a price.
		+	# Work undertaken by a nominated subcontractor.

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2016-10-02T00:26:40Z

Created page with "im looking for 3 types of prime cost sum can anyone help me out? "

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im looking for 3 types of prime cost sum can anyone help me out?