Glossary entry

Portuguese term or phrase:

"vg"

English translation:

global value

    The asker opted for community grading. The question was closed on 2011-08-22 15:54:17 based on peer agreement (or, if there were too few peer comments, asker preference.)
Aug 19, 2011 13:14
12 yrs ago
5 viewers *
Portuguese term

"vg"

Portuguese to English Tech/Engineering Construction / Civil Engineering Bill of Quantities
Its in the "unit" column of a BOQ - the items are big - like land clearance, earthworks, single works etc. any ideas?
Proposed translations (English)
5 global value
4 lump sum

Proposed translations

5 mins
Selected

global value

when the item isn't split up, the term "verba" or "valor global"of the item is used

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Note added at 8 mins (2011-08-19 13:23:06 GMT)
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when the item isn't split up, the term "verba" or "valor global" is used

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Note added at 2 hrs (2011-08-19 15:33:26 GMT)
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you're right, equivalent is "sum"
I was more focused on translating the meaning of it
Note from asker:
thanks very much! according to this http://web.worldbank.org/WBSITE/EXTERNAL/PROJECTS/PROCUREMENT/0,,contentMDK:20063133~pagePK:84269~piPK:84286~theSitePK:84266,00.html the equivalent is "sum"
thanks! it got me there.
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4 KudoZ points awarded for this answer. Comment: "http://web.worldbank.org/WBSITE/EXTERNAL/PROJECTS/PROCUREMENT/0,,contentMDK:20063133~pagePK:84269~piPK:84286~theSitePK:84266,00.html"
2 hrs
Portuguese term (edited): \"vg\"

lump sum

Remeasurement priced contract with bill of quantities ... sum of prices for all items in the bill which may include lump sums for certain items.

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Note added at 2 heures (2011-08-19 15:31:32 GMT)
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Example clause:
Option A: Lump Sum priced contract with activity schedule
The Contractor offers to provide the works described in the contract for a sum of money. The contract provides for certain risks to be carried by the Employer which will result in the lump sum being adjusted if the compensation events occur.


The activity schedule is normally written by the Contractor since he is the one who knows what
activities will be carried out. Each activity is priced as a lump sum by the Contractor which is the
amount paid when he has completed the activity. In pricing an activity, the Contractor takes
responsibility for estimating quantities and resources, and assessing and pricing risks that are his.
Note from asker:
thanks a lot
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