Base Month. The Base Month for ‘Price Variation Clause’ shall be taken as the one month prior to closing of tender, unless otherwise stated elsewhere. The quarter for applicability of PVC shall commence from the month following the Base month. The Price Variation shall be based on the average Price Index of the quarter under consideration.
Appears in 1 contract
Sources: Tender Instructions
Base Month. The Base Month for ‘Price Variation Clause’ shall be taken as the one month prior to closing of tenderopening of tender including extensions, if any, unless otherwise stated elsewhere. The quarter for applicability of PVC shall commence from the month following the Base monthmonth of opening of tender. The Price Variation shall be based on the average Price Index of the quarter under consideration.
Appears in 1 contract
Sources: Annual Maintenance Contract (Amc)
Base Month. The Base Month for ‘Price Variation Clause’ shall be taken as the one month prior to closing of tender, unless otherwise stated elsewhere. The quarter for applicability of PVC shall commence from the month following the Base month. The Price Variation shall be based on the average Price Index of the quarter under consideration.. 46A.3
Appears in 1 contract
Sources: Instructions to Tenderers (Itt)