Contract Specification Sample Clauses

Contract Specification. The term "Contract Specification" shall mean the schedules, detailed designs, statements of technical data, performance characteristics and all such particulars mentioned as such in the contract
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Contract Specification. The specifications prepared for a particular job to accompany the working drawings are contract specifications. These are further claussed at:  General Specifications  Detailed Specification General Specifications are also called brief specifications. These give a general ideas of the class and type of work giving brief descriptions of materials, quality and workmanship. Detailed specifications provide a detailed description of each item as per schedule of quantities, specifying the materials to be used including their proportions, method of work quality of workmanship required etc. The specifications are written, as far as possible, in the same sequence or order in which the work is carried out.
Contract Specification. The main trading conditions (such as spread, lot size, minimum trade volume, trade volume increment, margin, lock margin etc.) for each instrument.
Contract Specification. Commodity IR64 White Long Grain Rice (Indian Origin) as per specifications attached herewith in annexure -1 Contract Quantity 800 MT Delivery Location Free on Board Stuffed in Container (FOBSC)/ Load from Any Indian Port at the discretion of buyer Trading Unit MT (Metric Tonnes) Price Quote Rs. per Mt (inclusive of Goods and Services Tax (“GST”), Mandi Fee or any other fee & taxes) Excluding Custom Duty. Quantity Variation (-) 20% of the listed quantity at the discretion of the buyer Procurement Type Yankee- Buy (2-round) Minimum lot size 300 MT Incremental lot size 100 MT Tick Size Rs.5 per Xxxxxxx Procurement Date Time 19/03/2024 (referred to herein after as “T”) starting at 1100 hrs as stated on the Platform. EMD Seller-: 5% of the contract value of the quantity bid, EMD of the unsuccessful bidder will be refunded after completion of e-procurement. SD The EMD of the successful bidders will be converted as SD after approval and award of contract. Bidding Rules ● The bidder to submit their supply price rate through xxx.xxxxxxxxxx.xxx ● The supplier must submit an SD amount of 5% through the escrow account details provided by the Agribazaar before participation in the e-procurement. SD (Without any interest) of the successful Bidders to be retained and transfer to KRIBHCO AGRI within one (01) bank working day from the e-procurement price confirmation date. SD of unsuccessful bidders shall be refunded into escrow account of the supplier within one bank working day from the e-procurement result announcement day/date. All successful supplier SD to be converted in to Security Deposit. ● Sellers can quote for minimum lot quantity up to maximum auctioned quantity. ● Price Tick size is Rs.5 per Xxxxxxx and Qty increase / decrease size is 100 MT. Hence after min bid qty of 300 MT, Qty may increase / decrease in multiple of 100 MT. ● Sellers can revise their bids downwards and only latest bid will be considered, and earlier quoted prices will be knocked off by system. ● Procurement session is 2 round process, round -1 for the price discovery and Round-2 for the L-1 Price matching round or KRIBHCO AGRI may place a counter offer to all the bidders who participated in round 1. ● Round 2 is not required to run in cases where L-1 Price bidder/ Bidders has occupied the entire listed quantity and no counter offer has been made. ● The e-procurement runs on Price Quantity and Time (PQT) logic for allocation. If two bidders quoted the same price, the allocation priority give...
Contract Specification. The current issue (as at 1 February 2003) of the ‘Head Document’ defining the Contract Specification is the following BEG/BEG(UK) controlled document: EPD/AGR/REP0269/97 Issue 2 (BEG Reference) E/DR/97/NT/25 Issue 2 (BEG(UK) Reference)
Contract Specification. The current issue (as at 1 February 2003) of the ‘Head Document’ defining the Contract Specification is the following BEG/BEG(UK) controlled document: EPD/AGR/REP0269/97 Issue 2 (BEG Reference) E/DR/97/NT/25 Issue 2 (BEG(UK) Reference) “AGR Fuel Specification for British Energy Generation Ltd and British Energy Generation (UK) Ltd – The Design and Manufacturing Requirements for Stage 3 and Stage 1c Fuel Elements and for Ancillary Components. Issue 2, dated 13 December 2000”. BNFL/BEG COMMERCIAL IN CONFIDENCE APPENDIX 4 [NOT USED] 57 BNFL/BEG COMMERCIAL IN CONFIDENCE APPENDIX 5 PRICES PAYABLE FOR AGR FUEL SUPPLY Part A For so long as BEG and BEG(UK) together are loading Fuel into either Reactor of four or more of the AGR Power Stations or BEG(UK) AGR Power Stations, the following charges shall apply: Subject to Schedule A of this Appendix, the Annual Fixed Charge Ao shall be derived as follows: Annual Fixed Charge Ao = (Pi*A1) minus (Pi*D2) Where: A1 equals the fixed charge detailed in the table below. Pi equals the final BEG annual fixed charge discount proportion being a value between zero and one, jointly agreed by BEG and BEG(UK) and notified to BNFL, by BEG under this Agreement and by BEG(UK) under the BEG(UK) Agreement, for use in the annual reconciliation. For the avoidance of doubt, Pi shall have the same numerical value when used both in this Agreement and in the BEG(UK) Agreement. D2 equals the variable discount derived as follows: D2 = the higher of (i) zero and (ii) the lower of [ ]* and (([ ]* minus OEP)*5TWh) Where OEP is defined in accordance with Appendix 20, and shall be specified to five significant figures. The sums of [ ]* and [ ]* are quoted in Financial Year 2003 money values and will be escalated annually in accordance with Appendix 6. The multiplier of 5.0 TWh is a fixed figure and shall not be subject to escalation. * Confidential treatment requested. BNFL/BEG COMMERCIAL IN CONFIDENCE FIXED (A1) £Million pa Combined Range under this Agreement and the BEG(UK) Agreement (Fuel Elements) 2850-6100 2850-6300 2850-6500 [ ]* [ ]* [ ]* VARIABLE (Bo) £/Fuel Element Combined Range under this Agreement and the BEG(UK) Agreement (Fuel Elements) 2850-6500 [ ]* The values for A1 and Bo are quoted in July 2002 money values and will be escalated in accordance with Appendix 6. 14 days prior to the date on which BNFL is required to invoice BEG pursuant to Clause 5.1, the estimated annual fixed charge (Aoest) pertaining to the month of invoice shall b...

Related to Contract Specification

  • Technical Specifications 1. A procuring entity shall not prepare, adopt or apply any technical specification or prescribe any conformity assessment procedure with the purpose or effect of creating an unnecessary obstacle to trade between the Parties.

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