Singapore legislation
Regulation 87
Regulation 87
Contingency sums and variation works
Amended byS 637/2007 wef 01/12/2007
Subregulation 1
Provisions for variation works in contracts may be provided in the form of a contingency sum.
Subregulation 2
A contingency sum shall form part of the maximum approved sum of expenditure on the project or procurement, but shall not be included in the contract.
Subregulation 3
A contingency sum shall not exceed —
(a)
20% for civil engineering works;
(b)
10% for building works; and
(c)
5% for large complex equipment contracts.
Subregulation 4
Amended byS 637/2007 wef 01/12/2007
The authority to approve each request for variation works shall be the same as the authority to incur expenditure under rule 34(1) read with rule 34(2).