Payments at the Date of Contract Mentioned in clauses 55.1 and 55.3 The at the Date Contract Price of Contract is: $ …...…………………………..…………… Basis of payment The basis of payment is: » (Lump sum / / Schedule of Rates Lump sum with Rate Items) or fall adjustments Mentioned in clause 55.2 Are rise or fall adjustments » applicable to the Contract (“No” applies if not filled in). (excluding (Yes/No) Daywork)? Sums Mentioned in clause 55.4 items referred to » Provisional Sum in clause 55.4 are: (“Not applicable” applies if not filled in). Sum margin Mentioned in clause 55.4 The margin » Provisional Sum includes profit and site (“and on site overheads including overheads: attendance and administration” applies if not filled in). » (“10%” applies if not filled in). The margin is: Provisional Sum Margin Mentioned in clauses 47 and 79 The includes » Contractor’s Margin profit and off site overheads: (“and on site overheads including attendance and administration” applies if not filled in).
Payments at the Date of Contract Mentioned in clauses 55.1 and 55.3 The Contract Price at the Date of Contract is: $ …...…………………………..…………… Basis of payment The basis of payment is: (Lump sum / Schedule of Rates / Lump sum with Rate Items) » or fall adjustments Mentioned in clause 55.2 Are rise or fall adjustments applicable to the Contract (excluding Daywork)? (Yes/No) » (“No” applies if not filled in). Sums Mentioned in clause 55.4 Provisional Sum items referred to in clause 55.4 are: » (“Not applicable” applies if not filled in). Sum margin Mentioned in clause 55.4 The Provisional Sum margin includes profit and site overheads: » (“and on site overheads including attendance and administration” applies if not filled in). The Provisional Sum margin is: » (“10%” applies if not filled in). Margin Mentioned in clauses 47 and 79 The Contractor’s Margin includes profit and off site overheads: » (“and on site overheads including attendance and administration” applies if not filled in).
construction-gc21-ed2-general-conditions.docx