Common use of AHR ITEMS Clause in Contracts

AHR ITEMS. In item rate contract where the quoted rates for the items exceed 50% of the estimate rates, such items will be considered as Abnormally High Rates (AHR) items and payment of AHR items beyond the SOR stipulated quantities shall be made at the lowest amongst the following rates:

Appears in 7 contracts

Sources: Bid Document, Joint Venture Agreement, Bid Document