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<note>Percentage<lb/>to Surveyors &c<lb/>should not run<lb/>beyond a <sic>fixt</sic><lb/>sum.<lb/></note> | <note>Percentage<lb/>to Surveyors &c<lb/>should not run<lb/>beyond a <sic>fixt</sic><lb/>sum.<lb/></note> | ||
<p>In <del>employing </del><add><del>affording</del> paying</add> architects surveyors and other<lb/>persons <sic>employ'd</sic> in the superintending the expenditure<lb/>of money it is a common way to<lb/>give them so much per cent upon the money<lb/>expended. This mode of payment <del>however</del> natural<lb/><del>it now</del> as it is, opens a door to peculation: [peculation<lb/><hi rend="underline">pro rata</hi> the most destructive species of]<lb/>peculation of the most destructive kind, peculation <lb/><hi rend="underline">pro rata</hi> , as it may be called, in which<lb/>in order for the peculator <add>party <sic>employ'd</sic></add> to gain a little, the<lb/>employer must be made to suffer a great deal.<lb/>The danger is particularly great in public works<lb/>in which no person has any particular interest<lb/>[in checking profusion] in keeping a strict watch<lb/>[against profusion] over the person <sic>employ'd</sic> and<lb/>many may <add>are liable to</add> have a particular interest in connivance.<lb/>The remedy seems to be to pitch<lb/>upon a particular sum according to the estimate,<lb/>and to pay to the party <sic>employ'd</sic> <add>surveyor</add>: up to <lb/>this sum you shall have your p<hi rend="superscript">r</hi> centage; but<lb/>if the expense comes to more, beyond this sum<lb/>you shall have nothing: and <add>on the others</add> although you should<lb/><note>find</note></p> | |||
In <del>employing <add>affording</del> paying</add> architects surveyors and other<lb/>persons <sic>employ'd</sic> in the superintending the expenditure<lb/>of money it is a common way to<lb/>give them so much per cent upon the money<lb/>expended. This mode of payment <del>however</del> natural<lb/><del>it now</del> as it is, opens a door to peculation: [peculation<lb/><hi rend="underline">pro rata</hi> , as it may be called, in which<lb/>in order for the peculator <add> | |||
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{{Metadata:{{PAGENAME}}}}{{ | {{Metadata:{{PAGENAME}}}}{{Completed}} | ||
Indirect Legislation
Peculation
Percentage
to Surveyors &c
should not run
beyond a fixt
sum.
In employing affording paying architects surveyors and other
persons employ'd in the superintending the expenditure
of money it is a common way to
give them so much per cent upon the money
expended. This mode of payment however natural
it now as it is, opens a door to peculation: [peculation
pro rata the most destructive species of]
peculation of the most destructive kind, peculation
pro rata , as it may be called, in which
in order for the peculator party employ'd to gain a little, the
employer must be made to suffer a great deal.
The danger is particularly great in public works
in which no person has any particular interest
[in checking profusion] in keeping a strict watch
[against profusion] over the person employ'd and
many may are liable to have a particular interest in connivance.
The remedy seems to be to pitch
upon a particular sum according to the estimate,
and to pay to the party employ'd surveyor: up to
this sum you shall have your pr centage; but
if the expense comes to more, beyond this sum
you shall have nothing: and on the others although you should
find
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Identifier: | JB/087/048/001"JB/" can not be assigned to a declared number type with value 87. |
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087 |
indirect legislation |
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048 |
indirect legislation |
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001 |
peculation |
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text sheet |
4 |
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jeremy bentham |
[[watermarks::gr [crown motif] [britannia with shield motif]]] |
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27573 |
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