Item Rates definition

Item Rates mean the rates determined on the basis of the market rates system introduced by the Government in replacement of the Composite Schedule of Rates 1998 through Finance Department Notification Xx.XX (Tech) F.D.2-3/2004 dated 02.08.2004 (Annexure A).
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Item Rates mean the rates determined on the basis of the market rates system introduced by the BOM-QIE in replacement of the composite schedule of rates 1998. Through finance department notification No. (Tech) F.D.2-3/2004, Dated 02-08-2004 (Annexurc A)” 13
Sample 1

Examples of Item Rates in a sentence

  • Total Cost of other than schedule Items / Item Rates Rs.Grand Total Rs. (In Words) Rupees CLAUSE-1GENERAL CONDITIONS OF CONTRACT DEFINITIONS AND INTERPRETATIONS DEFINITIONS In the contract (as herein after defined) the following words and expressions shall have the meanings hereby assigned to them, except where the context otherwise requires: -1.

  • The cost of work will be arrived at after multiplication of the quantities shown in the Schedule of Quantities and Rates by the Item Rates quoted and agreed by the Contractor for the various items, in case of Item Rate Contract.2. Job: The term “Job” means the works specified in the “Scope of Work”.3.

  • The deduction or addition, as the case may be of the percentage will be calculated on the amount of bill for the work done, after deducting the cost of materials supplied departmentally, if any, at rates specified in the agreement 2.2.5: If the work involves more than one S.O.R. even then the contractor shall quote only single rate, applicable to the concerned S.O.R. (for example- Building S.O.R. and Electrical S.O.R.) 2.3: Item Rates tenders in forms ‘B’: - 2.3.1 Item Rate Tenders in form-"B".

  • In the case of Item Rate Contract the cost of the work arrived at after multiplying of the quantities shown in Schedule of Quantities by the Item Rates quoted by the tenderer or as finally accepted for the various items.

  • Items / Item Rates Sr.No. Total cost of other / Item Rates Rs. BID SCHEDULEName of Work Total tender amount of the work (To be filled in by the Tenderer) 1.

  • All other materials : Nil RECOVERY RATES FOR QUANTITIES BEYOND PERMISSIBLE VARIATION SI.No.Description of Item Rates in figures and words at which recovery shall bemade from the Contractor.

  • Contractors will have to submit all the particulars including purchase bills/price list for the materials along with the rate analysis for verification of Item Rates.

  • The Bidder shall make online entries to fill the Percentage Rate or Item Rates in Bill of Quantities.

  • Items / Item Rates Sr.No. Total cost of other / Item Rates Rs. Total tender amount of the work (To be filled in by the Tenderer) 1.

  • Sr. No Total cost of other / Item Rates Rs. BID SCHEDULE (Contd.) NAME OF WORK Total tendered amount of the work (To be filled in by the Tenderer) Rs. Total Cost of / Item rates.Rs. Grand Total Rs. Rupees.

Related to Item Rates

  • Prices & Rates Schedule means the Schedule containing details of the Contract Price.

  • Interest Rates means the interest rates provided for in Sections 2.11 and 2.12 of the Credit Agreement.

  • Minimum Rate With respect to each ARM Loan, the rate per annum set forth in the related Mortgage Note as the minimum Note Rate thereunder. The Minimum Rate as to each ARM Loan is set forth on the related Mortgage Loan Schedule.

  • Benchmarked Rates means the Framework Prices for the Benchmarked Goods and/or Services

  • HICP Daily Inflation Reference Index means (i) in relation to the first day of any given calendar month, the HICP Monthly Reference Index of the third calendar month preceding such month, and (ii) in relation to a day D (other than the first day) in any given month ("M"), the linear interpolation of the HICP Monthly Reference Index pertaining respectively to the third calendar month preceding such month ("M – 3") and the second calendar month preceding such month ("M – 2") calculated in accordance with the following formula:

  • CPI Daily Inflation Reference Index means (A) in relation to the first day of any given month, the CPI Monthly Reference Index of the third month preceding such month, and (B) in relation to a day (D) (other than the first day) in any given month (M), the linear interpolation of the CPI Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • Schedule of Rates means the priced Schedule of Rates forming part of the tender [where applicable].

  • Straight-time rate means the hourly rate of remuneration.

  • Hourly Rates means payment on the basis of time reasonably spent on a case (as opposed to payment by way of a Standard Fee) where payment is based on the rates set out in the Remuneration Regulations;

  • Maximum Rate shall have the meaning assigned to such term in Section 9.09.

  • Schedule of rates of Railway means the schedule of rates issued under the authority of the Chief Engineer from time to time and shall also include Rates specified in tender document.

  • Actual QP Rate of Pay means the rate of pay which will be paid to the Agency Worker if and when s/he completes the Qualifying Period, as set out in any variation to the relevant Assignment Details Form;

  • Minimum Rate Period means any Rate Period consisting of 7 Rate Period Days.

  • Multiple Bill/Single Tariff means the billing method used when Switched Exchange Access Services is jointly provided by the Parties. As described in the MECAB document, each Party will render a bill in accordance with its own tariff for that portion of the service it provides. Each Party will bill its own network access service rates.

  • Base premium rate means, for each class of business as to a rating period, the lowest premium rate charged or that could have been charged under the rating system for that class of business by the small employer carrier to small employers with similar case characteristics for health benefit plans with the same or similar coverage.

  • Base CD Rate means the sum of (a) the Three-Month Secondary CD Rate multiplied by the Statutory Reserve Rate plus (b) the Assessment Rate.

  • Rate Schedule or “Rider” means the rate or charge for a particular classification of service, including all special terms and conditions under which that service is furnished at the prescribed rate or charge.

  • Mandatory Cost Rate means, with respect to any period, a rate per annum determined in accordance with Schedule 1.01.

  • Regulated Rate Tariff means a regulated rate tariff for the provision of Electricity Services to eligible customers prepared by EDTI, or a person with whom EDTI makes arrangements to do so, pursuant to section 102 of the Act;

  • Maximum Rate of Interest It is intended that the rate of interest hereon shall never exceed the maximum rate, if any, which may be legally charged on the loan evidenced by this Note ("Maximum Rate"), and if the provisions for interest contained in this Note would result in a rate higher than the Maximum Rate, interest shall nevertheless be limited to the Maximum Rate and any amounts which may be paid toward interest in excess of the Maximum Rate shall be applied to the reduction of principal, or, at the option of HSBC, returned to the Company.

  • Rate of Gross Profit means the gross profit earned expressed as a percentage of the turnover during the period between the date of the commencement of the business and the date of the incident.

  • Annual Percentage Rate or “APR” of a Receivable means the annual percentage rate of finance charges or service charges, as stated in the related Contract.

  • Rate Schedules means the schedules of EDTI’s Distribution Tariff that set out charges;

  • GST Rate means the percentage amount of GST payable determined under section 9-70 of the Act as amended from time to time;

  • Indirect Cost Rate means a device for determining in a reasonable manner the proportion of indirect costs each Program should bear. It is a ratio (expressed as a percentage) of the Indirect Costs to a Direct Cost base. If reimbursement of Indirect Costs is allowable under an Award, Grantor will not reimburse those Indirect Costs unless Grantee has established an Indirect Cost Rate covering the applicable activities and period of time, unless Indirect Costs are reimbursed at a fixed rate.

  • Amount Generally Billed or “AGB” means, with respect to emergency and other medically necessary care, the amount generally billed to individuals who have insurance covering such care.