Alternative Price definition

Alternative Price means the price for a substituted item or section of the work or a price for an additional or deleted item or section of the work, to be added to or deducted from the Base Bid price.
Alternative Price means the amount stipulated by the Bidder for an Alternative, which can be stated as an addition, a deduction, or no change to the Total Contract Price. The Alternative Price will include all labour, materials, products, services and respective overhead and profit, excluding Value Added Taxes and, where it amends the Total Contract Price, a statement that same will be used to certify Substantial Performance of the Contract.
Alternative Price means the quotient obtained by dividing (a) US$782,213,496 (which is equivalent to US$810 million less an agreed discount equivalent to the indicative underwriting commission and discount) by (b) 79,874,281.

Examples of Alternative Price in a sentence

  • Alternative Price Proposals may be submitted, but only in addition to, not in lieu of, the requested Price Proposal.

  • Decide on a partial performance of the work underlying the Tender and/or divide such work between several Bidders, and instruct all Bidders to offer alternative price proposals, corresponding to such partial performance demand (the " Alternative Price Proposal").

  • Failure to use the forms or templates provided, or modification of them, may result in rejection of the entire proposal.(3) Alternative Price Proposals may be submitted, but only in addition to, not in lieu of, the requested Price Proposal.

  • Panels should have efficiencies of no less than 17%, for the base price, and for the Premium Efficiency Alternative Price, please specify a panel substantively higher efficiency, which may be used for situations with space limitations.

  • The Least Cost Alternative Price or LCA Price means the maximum amount established by the Minister which will be paid by the Government of Alberta for a Drug Product in an Established or New IC Grouping for members of a Plan.


More Definitions of Alternative Price

Alternative Price means cost for particular article or item of work in lieu of specified article or item of work.
Alternative Price means the amount stipulated by the bidder for an Alternative, which can be stated as an addition, a deduction, or no change to the Base Bid Price. The Successful Bidder shall be obliged to adhere to the Alternative Price quoted in its Bid.
Alternative Price means the amount stipulated by the Bidder for an Alternative, which can be stated as an addition, a deduction, or no change to the Total Contract Price. The Alternative Price will include all labour, materials, products, services and respective overhead and profit, excluding Value Added Taxes.
Alternative Price means the price per share (after giving effect to any stock splits, reverse stock splits, combinations, stock dividends, recapitalizations, redenominations of share capital and similar events declared, paid or made after the date hereof) paid or offered or agreed to be paid. In calculating the Alternative Price, (i) if any portion of the consideration is to be paid in the form of securities or assets other than cash, the value of such securities or assets shall be determined based upon fair market value on the day prior to consummation of the transaction, (ii) amounts paid into escrow and contingent payments shall be included as part of the consideration, and (iii) the consideration shall also include the aggregate amount of (A) dividends or other distributions declared by Company after the date hereof other than normal recurring dividends in amounts not materially greater than currently paid, and (B) amounts paid by Company to purchase any securities of Company after the date hereof.
Alternative Price means the amount stipulated by the Proponent for an Alternative, which can be stated as an addition, a deduction, or no change to the Total Contract Price. The Successful Proponent shall be obliged to adhere to the Alternative Price quoted in its Proposal.
Alternative Price means a price for a substitution which is an addition or a deduction from the Base Bid Price; it may be required by the Owner or offered by the Bidder for selection at the discretion of the Owner,
Alternative Price shall have the meaning set forth in Section 2.5(a)(iii).