Framework Rates definition

Framework Rates means the Contractors fixed overhead and profit figures and/or other rates for the performance of the Services and any Works submitted as part of the Proposal set out in Schedule 2 fixed for the Agreement Period
Framework Rates means the rates submitted by the Supplier during the procurement process for the provision of the Services under the Framework and as set out in Schedule 2 (Pricing Documents) of this Framework Agreement;

Examples of Framework Rates in a sentence

  • The Contractor’s ranking in each Lot will be adjusted accordingly following any changes to the Maximum Framework Rates.

  • Maximum Framework Rates per Hour shall be calculated by dividing the Maximum Framework Rate per Day by 8.