OVERALL COST Sample Clauses
The "OVERALL COST" clause defines the total financial amount that a party is obligated to pay under a contract or agreement. It typically specifies the aggregate sum covering all goods, services, or deliverables provided, and may outline what is included or excluded from this total, such as taxes, fees, or reimbursable expenses. By clearly stating the comprehensive cost, this clause ensures both parties have a mutual understanding of the financial commitment, thereby preventing disputes over unexpected charges or hidden costs.
OVERALL COST. The scores for total cost of the proposal will be scored as follows: Points for overall cost will be awarded as based on a formula awarding 10 points to the lowest proposer and deducting the percentage difference between the lowest proposer and the other proposers, e.g., if the total cost between the lowest proposer and the next lowest proposer is 10% than proposer two will have 1 points deducted from the maximum score of 10.