Contract Sum definition

Contract Sum means the sum named in the letter of acceptance including Physical contingencies subject to such addition thereto or deduction there-from as may be made under the provisions hereinafter contained.
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Contract Sum means: The accepted amount inclusive of tax of R……………………………………………..
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Contract Sum means:
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Examples of Contract Sum in a sentence

  • The Contractor agrees that it will before this Contract becomes effective, furnish the Owner a Faithful Performance Bond and a Labor and Material Payment Bond, furnished by a company or companies acceptable to the Owner, each in an amount equal to one hundred percent (100%) of the total Contract sum.

  • No increase in the Contract sum shall be allowed without the written authorization of the Board of County Commissioners of the County of Grand, State of Colorado.

  • The Vendor in case of such breach shall be entitled to receive payment only for work completed satisfactorily prior to said breach, so long as the total paid hereunder does not exceed the Contract sum, and the amount of any balance due the Vendor shall be determined by the City and certified to the Vendor.

  • The Contract provides that Contractor will perform the work under the Contract sum of $ .

  • The CONTRACTOR in case of such breach shall be entitled to receive payment only for work completed satisfactorily prior to said breach, so long as the total paid hereunder does not exceed the Contract sum, and the amount of any balance due the CONTRACTOR shall be determined by the OWNER and certified to the CONTRACTOR.


More Definitions of Contract Sum

Contract Sum means: The accepted tender amount (INCLUSIVE of VAT ) of R ..............................................................
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Contract Sum means the total compensation payable to Contractor for completion of the Work in accordance with the terms of the Contract.
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Contract Sum means the total compensation payable to the Contractor for performing the Services as origi- nally contracted for or as subsequently adjusted by Contract Modification.
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Contract Sum means total contract price, including any change orders and amendments.
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Contract Sum means the total amount of all compensation payable to the Construction Manager for the Project and shall not exceed the sum total amount of the Pre-Construction Phase Fee plus the Guaranteed Maximum Price Proposal accepted by the parties, subject to adjustment for Additional Services or Change Orders. Any costs that exceed the Contract Sum shall be borne solely by Construction Manager without reimbursement by Owner.
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Contract Sum means: The accepted amount inclusive of tax of R ................................................................ Amount in words: ..............................................................................................................................................
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Contract Sum means the total compensation payable to the Contractor under this Contract as originally con- tracted for or as subsequently adjusted by Contract Modification.
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