QLDIn ForceAct
Queensland Building and Construction Commission Act 1991
sch.1B-sec.10Meaning of provisional sum
Start here
Get a plain-English read of sch.1B-sec.10
Turn the raw legal text into a practical explanation grounded in Queensland Building and Construction Commission Act 1991.
### sch.1B-sec.10 Meaning of provisional sum
A provisional sum , for a domestic building contract, is an amount that is an estimate of the cost of providing particular contracted services.
However, subsection (1) applies only to contracted services for which the building contractor, after making all reasonable enquiries, can not state a definite amount when the contract is entered into.
The reference in subsection (1) to the cost of providing the contracted services includes a reference to the cost of supplying materials needed for the subject work.
sch 1B s 10 ins 2014 No. 57 s 60
(sch.1B-sec.10-ssec.1) A provisional sum , for a domestic building contract, is an amount that is an estimate of the cost of providing particular contracted services.
(sch.1B-sec.10-ssec.2) However, subsection (1) applies only to contracted services for which the building contractor, after making all reasonable enquiries, can not state a definite amount when the contract is entered into.
(sch.1B-sec.10-ssec.3) The reference in subsection (1) to the cost of providing the contracted services includes a reference to the cost of supplying materials needed for the subject work.