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What is contract sum?

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Anonymous

12y ago
Updated: 11/22/2022

it is to put an end

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Nicholas Mraz

Lvl 9
2y ago

What else can I help you with?

Related Questions

What is established contract sum?

it is to put an end


What is the difference between lump sum contract and turnkey contract?

A lump sum contract is an agreement to make a one time payment for goods and services as specified by the purchaser in the agreement. A turnkey contract is an agreement to deliver a completed ready to use service or project without any specifications made by the purchaser.


IS E P C Contract as a fixed sum price?

kind of.


A small sum of money given to show the intention of completing a contract?

earnest


Small sum of money given to show intention of completing contract?

Earnest


What was the sum of money paid by RCA Victor for the recording contract of Elvis Presley?

$35,000


What is a contract calling for payment of a fixed sum for a given period of time of for life?

divided


Can you cancel your 2 year vodafone contract after 6 months?

yes, but its not very wise as Vodafone will make you pay a sum of money to end the contract.


What is difference between variation and provisional sum?

Provisional sum is an amount quoted for an item in a tender document where all of the design information is not fully specified. The provisional sum should be as accurate as possible with the information to hand A variation is an item within a construction project that was not originally specified in the contract tender document and so is a 'variation to contract'.


Can you exclude the provisional sum from the contract price?

Yes, a provisional sum can be excluded from the contract price if it is not required for the completion of the project or if the specific works covered by the provisional sum are not ultimately executed. However, the contract terms should be reviewed, as provisional sums are typically included to account for uncertain costs that may arise during construction. Proper documentation and communication between the parties involved are essential to ensure clarity on any exclusions.


What is a disadvantage of lump sum contract?

It's hard to say without more information but, in general, you may lose a lot more to taxes if you take a lump sum.


What are the advantages of making a lump sum payment when buying a house?

There are many advantages to making a lump sum payment when buying a house. A couple of the advantages are it lowers the design and contract administration costs.