# Definition Prime Cost Sums?

The definition of prime cost sums or PC sums is an allowance usually calculated by the price consultant for the supply of work or materials to be provided by a contractor or supplier that will be nominated by the client. The allowance is independent of any mark up or labor by the main contractor. This term should not be confused by provisional sums which are allowances for specific works not defined enough in detail or scope.
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 The term "Prime Cost Sum" shall mean a sum provided for work or services to be executed by a Nominated Sub-contractor or for material s or goods to be obtained from a Nominated http://wiki.answers.com/Q/Need+of+prime+cost+sum
 The prime cost of a product is the direct cost which includes the materials and labor needed. This does not include the fixed costs attached to the material. http://wiki.answers.com/Q/What_is_definition_of_pr...
 Dear Isura, Thank you for your question. I am however uncertain if I properly understood your points: 1. You are talking about a Lump Sum. These contracts are based either on a Schedule http://en.allexperts.com/q/Construction-Law-914/20...
 A Prime Cost item is a builder’s estimate of the cost of delivering and fitting of appliances, or other such items, which you have not selected at the time of signing the contract http://www.experts123.com/q/what-are-prime-cost-it...
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