Ascertainment of loss and expense
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Clause 5 of the Joint Contracts Tribunal (JCT) Standard Building Contract With Quantities 2016 (JCT 2016) sets out provisions relating to variations and provisional sums generally, while clause 5.6 deals with the valuation rules. At clause 5.6.3 this includes allowances, where appropriate, for any addition to or reduction of preliminary items. This...
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