Schedule of Allowances - Cash Allowance

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TYPICAL EXAMPLE OF CASH ALLOWANCE SPECIFICATION. A “Schedule of Allowances,” showing amounts included in Contract Sum, is included at the end of this Section Coordinate allowance Work with related Work, to ensure that each selection is completely integrated and interfaced with related Work. Requirements for the Work of allowances are shown and specified, to extent established by date of Contract Documents; additional requirements are established by Change Order. At earliest possible date, advise Architect of date each final allowance selection must be completed. Submit proposals for allowance Work as directed, and in the manner specified for Change Orders. Indicate quantities, unit costs, total purchase amounts, taxes, delivery charges and trade discounts. Where requested, furnish detailed breakdown of quantity survey. Contractor mark-up on overrun of allowance purchases will be permitted where purchase amount exceeds established allowance by more than 15 percent; otherwise, and except as otherwise indicated, amount of Change Order on each allowance will be difference between purchase amount and allowance. Deliver excess materials of allowance Work to Owner's storage space, or dispose of by other means as directed. Schedule of Allowances Allowance No. 1 A lump sum of $3,000 for purchase of finish hardware, as defined by and specified in Specification sections of Division 8. Allowance No. 2 A lump sum of $5,000 for purchase of carpet, as defined by and specified in Specification sections of Division 9.

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