Unit Price Items Sample Clauses
Unit Price Items. For all Work to be paid on a unit price basis, the value of such Work shall be determined by Owner on the basis of the actual number of acceptable units of Unit Price Items installed and complete in place, multiplied by the applicable Unit Price set forth in the Schedule of Prices. The actual number of acceptable units installed and complete in place shall be measured on the basis described in Attachment B to the Contract or, in the absence of such description, on the basis determined by Owner. The number of units of Unit Price Items stated in the Schedule of Prices are Owner’s estimate only and shall not be used in establishing the Progress or Final Payments due Contractor. The Contract Price shall be adjusted to reflect the actual number of acceptable units of Unit Price Items installed and complete in place upon Final Acceptance.
Unit Price Items. A. Payment for all Work shall be in accordance with the unit price bid items in the Schedule of Prices and shall be full compensation for all labor, materials and equipment required to furnish, install, construct and test the Work covered under the unit price Bid item.
B. Payment will be made only for the actual quantities of work performed in compliance with the Drawings and Specifications and as approved by the Commissioner. The Contractor will be paid an amount equal to the approved quantity times applicable unit price. Any unused balance of the unit price work shall revert to the Commissioner upon completion of the project.
C. All unit price work shall be considered as part of the Work to be performed within the time limits specified elsewhere for Substantial Completion and Project Completion. No increase in contract time will be allowed for increases in quantities of unit price Work performed beyond the quantities shown in the Notice to Proceed, unless it can be demonstrated that the additional Work performed under the unit price item is on the critical path of the Project Schedule.
Unit Price Items