FIXED UNIT PRICES Sample Clauses
The Fixed Unit Prices clause establishes that specific goods or services will be provided at predetermined, unchanging rates for each unit. In practice, this means that regardless of fluctuations in market prices or actual costs incurred during the contract period, the agreed-upon price per unit remains constant. This approach provides both parties with cost certainty and simplifies budgeting, as it eliminates the risk of price adjustments and disputes over unit costs during the contract term.
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FIXED UNIT PRICES a. The Schedule of Fixed Prices sets forth the all-inclusive Fixed Unit Price for each Item of Unit Price Work. Each Fixed Unit Price will be the full and only amount payable by Owner to the Contractor for the completed unit of Unit Price Work.
b. The estimated total prices shown in the Schedule of Fixed Prices for Items of Unit Price Work are for planning purposes only, and represent, for each Item of Unit Price Work, the sum of the products of the estimated quantities and the applicable Fixed Unit Prices.
c. Contractor shall be paid for the Measured Quantity only, whether more or less than the estimated quantities in the Schedule of Fixed Prices and notwithstanding the magnitude of any difference.
FIXED UNIT PRICES a. The Schedule of Fixed Prices sets forth the all-inclusive Fixed Unit Price for each Item of Unit Price Work. Each Fixed Unit Price will be the full and only amount payable by Owner to Contractor for the completed unit of Unit Price Work.
b. The estimated total prices shown in the Schedule of Fixed Prices for Items of Unit Price Work are for planning purposes only, and represent, for each Item of Unit Price Work, the sum of the products of the estimated quantities and the applicable Fixed Unit Prices.
c. Contractor shall be paid for the Measured Quantity only, whether more or less than the estimated quantities in the Schedule of Fixed Prices and notwithstanding the magnitude of any difference.
d. With respect to Item A1 as set forth in Section 4 below, the Fixed Unit Price is allocated to various portions of the Work as identified below. The allocated percentage of the Fixed Unit Price of Item A1 (“Allocated Percentage”) to such portions of the Work is as follows: Base Lay Mobilization 4% Clearing and Grading 9% Ditching 9% Stringing and Bending 11% Laying and Welding 18% Coating and Lowering In 9% Tie-Ins 9% Padding and Backfilling 9% Cleanup and Restoration 9% Testing 9% Base Lay Demobilization 4%
e. The estimated cost for Base Lay Mobilization and Base Lay Demobilization is the Fixed Unit Price of Item A1 multiplied by the estimated Measured Quantity of Item A1 multiplied by the applicable Allocated Percentage for Base Lay Mobilization and Base Lay Demobilization respectively. Such amounts shall be invoiced by Contractor in equal amounts in the first three (3) Invoices in accordance with Section 7.2 of the Agreement. Upon submission of the final Invoice in accordance with Section 7.3 of the Agreement, Contractor shall apply either a credit or additional charge to Owner for the Base Lay Mobilization and Base Lay Demobilization based upon the difference between the estimated cost for Base Lay Mobilization and Base Lay Demobilization paid by Owner in the first three (3) Invoices and the product of the Fixed Unit Price for Item A1, the Measured Quantity of Item A1 and the applicable Allocated Percentage for Base Lay Mobilization and Base Lay Demobilization respectively.
FIXED UNIT PRICES. The Contractor shall be entitled to purchase goods and services listed in this EWA in accordance with the pricing methodology identified in Attachment B. The pricing methodology identified in Attachment B is firm for five (5) years subject to annual review and acceptance by the Contractor for price changes with manufacturer documentation, for the products described in Article 1, Scope of Work, unless the Contractor is otherwise notified. Additional items may be added to the EWA by mutual agreement of both parties. Core Market Basket listings, herein after referred to as “core” shall be comprised of the top 250 line items utilized by the respective site awarding a contract against this EWA and seller warrants that the pricing for core items is not greater than that charged to Seller’s most favored customer for like quantities of the same or similar materials under like conditions of sale. Seller further agrees to refund any amount paid by a Contractor which exceeds the price charged any of Seller's customers for like quantities of the same or similar materials under like conditions of sale one year from the date of the award. It is anticipated that ICPT shall award an HP Big Deal for HP toner and consumables. At such point, Big Deal pricing shall be implemented by Seller and savings passed to sites utilizing this EWA.