Title |
Guidelines for Provisional Sum in Public Construction Projects |
Keywords |
Public Construction Project ; Provisional Sum ; Construction Disputes |
Abstract |
Recently, the term "Provisional Sum(PS)" has been used in domestic public construction projects especially for civil works.Nevertheless, the guideline for PS has not been clearly stipulated in contract documents or construction-related laws. Due tothese ambiguous contract situations, disputes between owners and contractors are surely expected to settle down PS inconstruction projects. This paper focused on suggesting a guideline to settle down PS in these ambiguous contract situations. Theguideline suggested in the paper is expected to be used as a reasonable method to settle down PS avoiding nonproductivedisputes about PS in construction projects |