Initial Contract Price definition

Initial Contract Price has the meaning set forth in Sub-Article 4(A)(1).

Initial Contract Price has the meaning given in Recital (B).

Initial Contract Price means the value of WORK contracted initially as per SCHEDULE-F and excluding value of EQUIPMENT, services and any material provided by OWNER/CONSULTANT free of cost to CONTRACTOR.

Examples of Initial Contract Price in a sentence

• The Initial Contract Price is the Contract Price listed in the Employer's Letter of Acceptance.

• The Project Manager shall not adjust rates from changes in quantities if thereby the Initial Contract Price is exceeded by more than 15 percent, except with the prior approval of the Procuring Entity.

• If the final quantity of the work done differs from the quantity in the Bill of Quantities for the particular item by more than 25 percent, provided the change exceeds 1 percent of the Initial Contract Price, the Project Manager shall adjust the rate to allow for the change.

• The Initial Contract Price is the Contract Price listed in the Procuring Entity's Letter of Acceptance.

• The Initial Contract Price is the Contract Price listed in the Employer’s Letter of Acceptance.

More Definitions of Initial Contract Price

Initial Contract Price means the amount stated in the Letter of Acceptance.

Initial Contract Price means the value of WORK contracted initially as per SCHEDULE- F and excluding value of EQUIPMENT, services and any material provide by FACT free of cost to CONTRACTOR.

Initial Contract Price means the Contract Price listed in the Letter of Acceptance.

Initial Contract Price shall have the meaning set forth in Article I.5 (Initial Contract Price). [Insuring Party shall mean, for each type of insurance, the Party responsible for effecting and maintaining the insurance specified in the Contract.] Intellectual Property shall have the meaning set forth in Article 1.1 of Annex D (Intellectual Property Provisions).

Initial Contract Price has the meaning set forth in Sub-Article 4(A)(1). * MATERIAL OMITTED AND SEPARATELY FILED WITH THE COMMISSION UNDER AN APPLICATION FOR CONFIDENTIAL TREATMENT.

Initial Contract Price has the meaning set forth in Section 3.2.

Initial Contract Price means the amount stated in the Letter