QUANTITY ESTIMATES Clause Samples

The QUANTITY ESTIMATES clause defines how estimated quantities of goods, services, or work are addressed within a contract. It typically clarifies that stated quantities are approximate and not guaranteed, and that payment will be based on actual quantities delivered or performed. This clause helps manage expectations and reduces disputes by ensuring both parties understand that final compensation will reflect real, measured amounts rather than initial projections.
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QUANTITY ESTIMATES. Estimated quantities are informational and not to be construed as a warranty of accuracy of historical or anticipated volumes or a guarantee to purchase any amount.
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QUANTITY ESTIMATES. The Division does not guarantee any purchase amount under this Contract. Estimated quantities are for Solicitation purposes only and are not to be construed as a guarantee.
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QUANTITY ESTIMATES. ‌ To facilitate determining QC sampling and testing requirements, Developer shall provide a detailed schedule of pay items in a format acceptable to IFA, complete with item codes prior to any construction activity.
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QUANTITY ESTIMATES. 3.1 Before August 1st of each year Danisco Cultor, without commitment to purchase, will give to Genencor a forecast for the next three (3) calendar years (including monthly forecasts for the first year) of its requirements for the Product. Genencor will advise by each December 1st of that same year, without commitment to supply, whether Genencor reasonably believes it will have sufficient capacity to supply the three (3) year forecast of the Product. If Genencor informs Danisco Cultor that it will not have sufficient capacity to supply the three (3) year forecast, parties will arrange for alternative supply in accordance with section 4.2. 3.2 At the end of each calendar quarter, Danisco Cultor will, without commitment to purchase, give to Genencor its monthly forecast of the amount of the Product for the 12 months following the months for which firm orders were given. 3.3 Genencor acknowledges Danisco Cultor as a preferred customer and agrees to use its reasonable endeavours to deliver Danisco Cultor's forecasted requirements for the Products as set out in section 3.2 above.
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QUANTITY ESTIMATES. The Logistics and Disposal Plan contains preliminary estimates for disposal and clean soil requirements for the five villages. In total, approximately 3200 cubic meters of waste is expected to be excavated from the five villages, generating nearly 4000 cubic meters of material to transport to the four to five landfills. The landfills need to accommodate approximately 3500 cubic meters of consolidated compacted waste. Landfills shall be over-excavated to accommodate all possible waste generated. The material will be largely contaminated soil with lead concentrations averaging less than 1% 1ead, but ranging to greater than 10% lead in some locations. There will be 100 to 200 cubic meters of high concentration wastes from washing operations or ore processing, generally 3-5% lead from washing (with significant mercury levels exceeding 100 to 1000 mg/kg Hg. Un processed ores will exceed 10 % lead in limited quantities.
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QUANTITY ESTIMATES. The District does not guarantee to purchase any amount under the contract to be awarded. Estimated quantities are for proposing purposes only and are not to be construed as a guarantee to purchase any amount. The District may make an award for all or some of the items set forth in the bid/proposal and reserves the right to reject any or all proposals.
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Related to QUANTITY ESTIMATES

  • Cost Estimates If this Agreement pertains to the design of a public works project, CONSULTANT shall submit estimates of probable construction costs at each phase of design submittal. If the total estimated construction cost at any submittal exceeds the CITY’s stated construction budget by ten percent (10%) or more, CONSULTANT shall make recommendations to CITY for aligning the Project design with the budget, incorporate CITY approved recommendations, and revise the design to meet the Project budget, at no additional cost to CITY.

  • Estimates and Reconciliation of Estimates Where estimated expenditures are used to determine the amount of the drawdown, the State will indicate in the terms of the State unique funding technique how the estimated amount is determined and when and how the State will reconcile the difference between the estimate and the State's actual expenditures.

  • Pre-Estimate The parties agree that if Market Quotation applies an amount recoverable under this Section 6(e) is a reasonable pre-estimate of loss and not a penalty. Such amount is payable for the loss of bargain and the loss of protection against future risks and except as otherwise provided in this Agreement neither party will be entitled to recover any additional damages as a consequence of such losses.

  • Cost Estimate The cost estimate shall set out the estimated costs for the proposed Change Order in such a way that a fair evaluation can be made. It shall include a breakdown for labor, materials, equipment and markups for overhead and profit, unless TxDOT agrees otherwise. If the work is to be performed by Subcontractors and if the work is sufficiently defined to obtain Subcontractor quotes, DB Contractor shall obtain quotes (with breakdowns showing cost of labor, materials, equipment and markups for overhead and profit) on the Subcontractor’s stationery and shall include such quotes as back-up for DB Contractor’s estimate. No markup shall be allowed in excess of the amounts allowed under Section 10.6. DB Contractor shall identify all conditions with respect to prices or other aspects of the cost estimate, such as pricing contingent on firm orders being made by a certain date or the occurrence or non-occurrence of an event.

  • Estimates User shall pay to Tenant, in advance on a monthly basis, an amount equal to the estimated Rent for each year of the Use Period or part thereof divided by the number of months therein. Attached as Exhibit B is an budget for the Project prepared by Tenant and approved by User, which reflects a good faith estimate of Rent. Based on Exhibit B, the parties have agreed that User will pay to Tenant the monthly sum allocated to User on Exhibit B, in advance, as Tenant’s initial estimate of Rent. From time to time, Tenant may estimate and re-estimate the amount of Rent to be due and deliver a copy of the estimate or re-estimate to User. Thereafter, the monthly installments of Rent shall be appropriately adjusted in accordance with the estimations so that, by the end of the calendar year in question, User shall have paid all of Rent estimated by Tenant for such calendar year. Any amounts paid based on such an estimate shall be subject to adjustment as herein provided when the actual amount of Rent is available for each calendar year or fraction thereof (in the instance of any partial calendar year). (a) On or before January 31 of each calendar year during the term (and within 180 days of the Use Expiration Date), Tenant shall furnish to User a statement of Rent for the previous year (the “Rent Statement”). If Tenant fails to issue a Rent Statement, User will send a written request for Tenant to issue a Rent Statement. Within 30 days of receipt of the request for Rent Statement, Tenant will then issue a Rent Statement. If User’s estimated payments of Rent for the year covered by the Rent Statement exceeded the actual Rent due as indicated in the Rent Statement, then Tenant shall promptly credit or reimburse User for such excess; likewise, if User’s estimated payments of Rent for such year were less than the actual Rent due as indicated in the Rent Statement, then User shall promptly pay Tenant such deficiency. All true up obligations contained in this Agreement shall survive the Use Period. (b) To minimize the administrative burden on each party, Tenant’s books and records with regard to Rent are available for inspection by User at Tenant’s offices during Tenant’s regular business hours for 30 days after the date of issuance of each Rent Statement. The parties agree to work in good faith to address any questions relating to the Rent Statement.