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Demiton
Demiton
Contracts and standards / New Zealand

Job budget tolerance (the contractor's own commitment)

practice standard, published by Demiton, section 6.1. New Zealand.

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1 obligation, clause by clause.

1 obligation transcribed from the practice standard, each held with its clause, the window it sets and what missing it costs.

Where it is writtenThe obligationWindowIf missedDisease
section 6.1Keep committed and actual cost on each cost code within its budget plus the tolerance you setheld in the job budget registernone setno penalty statedCost drift

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Watch Job budget tolerance (the contractor's own commitment) on your own jobs.

A clause in the table turns on a fact your jobs already record: a date, a notice, a record kept. Demiton reads that fact from the register and tells the person who signs off before the window shuts. Missing one costs what the If missed column says.

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What this page is, and is not.

It is the clause text this library holds for this document, with the window and the consequence. It is not legal advice, and it is not a substitute for reading the document you signed.

No library of law is complete, and Demiton never says this one is. An obligation the library does not hold, and you did not add, is not protected. You can add your own to any job.

Clauses read from the obligation library, release v22, last checked against the source on .

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Common questions

What does Job budget tolerance (the contractor's own commitment) section 6.1 require?

Keep committed and actual cost on each cost code within its budget plus the tolerance you set. Missing it: no penalty stated. The clause sets no day count. Demiton watches it against the job budget register.

Does Demiton hold every obligation in Job budget tolerance (the contractor's own commitment)?

No library of law is complete, and Demiton never says this one is. An obligation the library does not hold, and you did not add, is not protected. You can add your own to any job.

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