Examples of Gross Price in a sentence
BOQ shall contain the financial quotes in respect of (a) Gross Price of Equipment (b) Comprehensive Maintenance Contract (CMC) charges.
Remaining 20% of the Gross Price of the Equipment shall be paid after successful installation, commissioning and initial end user training by the authorised service team of the supplier and furnishing of Satisfactory Installation Certificate (SIC).
Comparison of Financial Bids would be based on the Gross Price of Kit as mentioned in “Submission and Opening of Bids” quoted by the Tenderers.
For example, if a delivery will be made each month for 12 months and the known cost will be $100 each delivery, a Standard PO could becreated with the end date (‘required on’ date in shopping cart) as 12 months from the date of the PO creation, 12 entered in the Quantity / Unit field, and $100.00 entered in the Gross Price / Per field for a total cost of$1,200.
Gross Price of Equipment(s) includes value of goods, accessories & ancillaries and taxes, duties, freight charges, insurance, installation , commissioning, end user training as many number of times as required during the period of warranty and any other charges as applicable.