Variation
The term variation means the alteration or modification of the design , quality or quantity of the works including :
A) The additional , omission or substitution of any works
B) The alteration of the kind or standard of any materials and goods to be in the work
C) The removal from Site of any work executed , or materials and good brought thereon by the COntractor for the purposes of the Works other than work , materials and good which are not in accordance with the Contract , and
D) ANy changes to the provisions in the COntract with regards
- Ay limitation of working hours
- Working space
- Access to or utilisation of any specification part of the Site .
- The execution and completion of the work in any specific order .
But shall exclude any changes intended to rectify any negligence , omission , default and / or breach of contract by the Contractor entirely at his own cost .
Each variation is considered separately and their net values carried forward to a general summary .
The total value of omissions and the total value of additions are computed to arrive at a et balance which is added to or deducted from the interim valuation .
Nominated subcontractor and suppliers accounts are also included in interim valuations as and when the works has been executred on-site or materials supplied .
