Fixed Unit Price Clause Samples
Fixed Unit Price. 3.1 The following Table of Unit Prices for Defined Scopes of Work shall be used for determining the price of all Change Orders where the fixed unit price method is selected by Owner and the scope of the changed work is described in the Table. The unit prices set forth in the Table of Unit Prices for Defined Scopes of Work include all direct and indirect costs to Contractor of furnishing and installing the item, including all associated engineering and design costs, maintenance, fuel, delivery and installation charges, premiums for shift or night work, Site and off-site time-related costs, transport costs, taxes, overhead and markups (including for Work performed by Subcontractors, any handling or other administrative charge or mark-up of Contractor), and profits. Unit prices are firm through Final Completion.
Fixed Unit Price. Fixed Unit Prices reflect the average unit price to perform the task and are not illustrative of the actual effort associated with the unit. If the scope of an individual unit changes or the projected number of units are not achieved, adjustments shall be made to the Fixed Unit Price or the development of a new unit (as the case may be) in accordance with Section 10 of the MSA to reflect the actual effort associated with the unit.] ANNEX 3 – PAYMENT SCHEDULE OR PAYMENT TERMS EXHIBIT C - PRO-FORMA CHANGE ORDER This CHANGE ORDER is made the date the last party signs below between: