Adjustment of preliminaries Sample Clauses

Adjustment of preliminaries. [10.3] Option A (three categories) (yes/no) Yes Option B (detailed breakdown) (yes/no) No
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Adjustment of preliminaries. [10.3] Option A (three categories) YES Option B (detailed breakdown) NO Carried to Collection R
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Adjustment of preliminaries. Select Option A or B apply. Where the contractor does not select an option, Option A shall The amount of preliminaries shall be adjusted to take account of the effect of changes in time and/or value on preliminaries. Such adjustment shall be based on the particulars provided by the contractor for this purpose in terms of Options A or B, shall preclude any further adjustment of the amount of preliminaries and shall apply notwithstanding the actual employment of resources by the contractor in the execution of the works. For the adjustment of preliminaries both the contract sum and the contract value shall exclude the amount of preliminaries, contingency sum(s) and any provision for contract price adjustment (cost fluctuations). Where the total amount of preliminaries is not identified (in a lump sum contract) it shall e taken as 7.5% (seven and a half percent) of the contract sum, excluding contingency sums, and any provision for contract price adjustment (cost fluctuation) Option A The preliminaries shall be adjusted in accordance with an allocation of preliminaries amounts to be provided by the contractor within fifteen (15) working days of the date of acceptance of the tender as follows: - An amount which shall not be varied; - An amount varied in proportion to the contract value as compared to the contract sum; - An amount varied in proportion to the number of calendar days extension to the date of practical completion to which the contractor is entitled with an adjustment of the contract value as compared to the number of calendar days in the initial construction period. Option B The preliminaries shall be adjusted in accordance with a detailed breakdown of preliminaries amounts for the works or of a section to be provided by the contractor within fifteen (15) working days of possession of the site. Such breakdown shall inter alia include administrative and supervisory staff charges and charges for the use of construction equipment, all in terms of the programme. The adjustment of preliminaries shall be based on the number of calendar days extension to the date of practical completion to which the contractor is entitled with an adjustment of the contract value as compared to the number of calendar days in the initial construction period taking into account the resources planned for the period of construction during which the delay occurred (not for the period added to the initial or extended date for practical completion) Where the contractor does not p...
Sample 1
Adjustment of preliminaries. [10.3] YES Option A (three categories) (yes/no) NO Option B (detailed breakdown) (yes/no) Carried to Collection R Section No. 1 PRELIMINARIES Bill No. 1 PRELIMINARIES & GENERAL Procost & Associates (PTY) Ltd
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Adjustment of preliminaries. The amount or items of preliminaries shall be adjusted to take account of the theoretical financial effect which changes in time and/or value have on preliminaries. Such an adjustment shall be based on the particulars provided by the contractor for this purpose in terms of Option A or B and shall preclude any further adjustment of preliminaries. Adjustment of preliminaries in terms of Options A or B shall apply notwithstanding the actual employment of resources by the contractor in the execution of the works. The adjustment of preliminaries shall be based on the option as selected in the contractor’s tender. For the adjustment of the preliminaries both the contract sum and the contract value shall exclude: * The amount of preliminaries * Any contingency sum * Any amount in respect of CPAP Clause 3.2 shall be amended by the addition of the following clause: “Should the Principal Agent instruct the Contractor to accelerate in terms of Clause A29 hereof, the Contractor’s entitlement shall be calculated by adding to the entitlement to which he would otherwise have become due should the Contract Period have been extended, a further 30% to the value thereof The additional 30% shall be deemed to fully reimburse the Contractor for any additional expenses and loss beyond that contemplated by the Contractor at time of tender including the under Carried Forward R Section No. 1 Bill No. 1 Preliminaries PUR 5603/40 Brought Forward R utilization of any resources and the like due to the Contractor having been instructed by the Principal Agent to accelerate
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Related to Adjustment of preliminaries

  • Adjustment of Price The State shall adjust the total contract price by subtracting from the total contract price an amount determined in the following manner: The State shall cause the timber sale area subject to governmental regulation or order to be measured. The State shall calculate the percentage of the total sale area subject to the governmental regulation or order. The State shall reduce the total contract price by that calculated percentage. However, variations in species, value, costs, or other items pertaining to the affected sale area will be analyzed and included in the adjustment if deemed appropriate by the State. The State will further reduce the total contract price by the reasonable cost of unamortized roads Purchaser constructed but was unable to fully use for removing timber. A reduction in total contract price terminates all of the Purchaser's rights to purchase and remove the timber and all other interest in the affected sale area.

  • Statement of Principles The Employer and the Union agree that there shall be no discrimination by the Employer or the Union against employees because of race, color, creed, religion, national origin, sex, age, or marital status. In addition, consistent with the other provisions of this Agreement, there shall be no unlawful discrimination against employees, as prohibited by the Rehabili- tation Act of 1973 or the Vietnam Era Veterans’ Readjustment Assistance Act of 1974.

  • Statement of Principle The parties acknowledge the following provisions are to protect the rights of employees during pregnancy and on their return to employment following parental leave.

  • Statement of Purpose The Borrower has requested, and the Lenders have agreed, to extend certain credit facilities to the Borrower on the terms and conditions of this Agreement.

  • Adjustment of Grievance The School District and the teacher shall attempt to adjust all grievances which may arise during the course of employment of any teacher within the School District in the following manner:

  • Payment of Premium Unless otherwise agreed in writing by the Parties, the Buyer shall be obligated to pay the Premium related to an Option no later than its Premium Payment Date.

  • ADJUSTMENT OF GRIEVANCES 26.01 Any complaint, disagreement or difference of opinion between the Employer and the Union, or the employees covered by this Agreement, which concerns the interpretation, application, operation or alleged violation of the terms and provisions of this Agreement, shall be considered as a grievance.

  • Order of Precedence; Incorporation by Reference Any inconsistency or ambiguity in this Contract shall be resolved by giving precedence in the following order: (1) This Contract and attachments, (2) RFP document, (3) the CONSULTANT’s response to the RFP document, and (4) attachments prepared by the CONSULTANT. All of the foregoing are incorporated fully by reference.

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