Glossary Term

Provisional Sum

An allowance for work that cannot be fully defined or measured when the quote is prepared.

Provisional Sum definition preview in the Quotify glossary
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Definition

An allowance for work that cannot be fully defined or measured when the quote is prepared.

Why it matters

This term affects how scope, price or risk is understood before a quote is issued.

Example

In a Quotify review, provisional sum should be clear enough for the builder and client to interpret the quote on the same basis.