Friday, 25 November 2011

Provisional Sums in Construction Contracts

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  1. Is it binding for the contractor to execute the provisional sum items within time mentioned in project programme?

    I differ with the answer to this question. FIDIC specifies that for Provisional sum (Cub-clause 13.5) the valuation will be done in accordance with sub clause 13.3 variation procedure which clearly specifies for the time adjustment.

  2. M/s. SANDIP NANAVATI is involved in the execution of various Civil Engineers Project since 1988. Today, we operate in the areas of heavy industrial and Infrastructure projects like construction of Road, Sub-Station Building, Control Room, Bridge, industrial sheds, office buildings for hydropower industries, petrochemical hydrocarbon industries, Private Sectors and Multi National Companies.