Arithmetical corrections Sample Clauses

The "Arithmetical corrections" clause allows for the correction of mathematical errors in submitted documents, such as bids or invoices, to ensure accuracy in calculations. In practice, this means that if a party submits a document with addition, subtraction, or multiplication mistakes, the responsible authority or counterparty can adjust the figures to reflect the correct totals. This clause helps prevent disputes or misunderstandings arising from simple calculation errors, ensuring that agreements and transactions are based on accurate numerical information.