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Paragraph 69 Commuted sums

Original text. Later amendments are not shown.

(1)

National Highways must provide to the undertaker an estimate of the commuted sum, calculated in accordance with FS Guidance S278 Commuted Lump Sum Calculation Method dated 18 January 2010 or any successor guidance, prior to the commencement of the specified works.

(2)

The undertaker must pay to National Highways the commuted sum prior to the issue of the provisional certificate.