BCM Rate definition
BCM Rate means the unit rate payable to the Contractor, based on the Average Haul Distance, for each bank cubic metre of Overburden or other material moved, exclusive of Overburden rehandle, as more particularly set out in Section “D” — COMPENSATION;
Examples of BCM Rate in a sentence
In order to minimize adjustments to the Compensation under Article 4.9, for monthly progress invoices the Contractor shall use the BCM Rate in effect for that Contract Year adjusted for distance using the estimated average haul distance from the SWA Execution Plan for that same Contract Year.