Provisional sum in NEC contract：10 Things You Need To Know About NEC3

How does an unamended NEC4 Engineering and ...

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The EEC is unamended, so there is no mechanism therein to deal with provisional sums. If a contractor subsequently raises a compensation event, ...

How to allow for contingencies when preparing NEC4 ECC ...

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If provisional sums must be included, use a pre-contract project risk register to account for uncertainty and provide most likely requirements ...

Lifting the fog on Provisional Sums

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Provisional sums are “used in pricing construction contracts to refer either to work which is truly provisional, in the sense that it may or may not be ...

NEC ECC

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Provisional Sums are deducted in the computation of the assessment of the final amount due and the change to the Prices assessed in accordance ...

NEC FAQs

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You simply cannot use provisional sums in an unamended ECC contract. They only work in other contracts (such as the JCT) because the contract explains how they ...

Provisional sum

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As provisional sums are replaced by valuations of the work actually done as the project progresses, the contract sum may increase or decrease.

Removing a Provisional Sum

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Both carrying out and omitting the provisional sum is to be treated as a compensation event in accordance with clause 60.1(4). To address this ...

Webinar

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Q: Does NEC4 recognise provisional sums? A: Provisional sums are not included in NEC4 – guidance is given (as was the case in NEC3) on how to.

What are provisional sums?

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