Price for Work Done to Date definition

Price for Work Done to Date will mean in the Term Service Contract (June 2005 with June 2006 Amendments) and in the Professional Service Contract (June 2005 with amendments June 2006) the “Price for Services Provided to Date”; Any reference to “Provide the Works” will mean in the Term Service Contract (June 2005 with June 2006 Amendments) and in the Professional Service Contract (June 2005 with amendments June 2006) to “Provide the Service or to Provide the Services”; Any reference to “works” will in the Term Service Contract (June 2005 with June 2006 Amendments) and the Professional Service Contract (June 2005 with amendments June 2006) mean the “services”; Any reference to the ”Project Manager” will in the Term Service Contract (June 2005 with June 2006 Amendments) mean the “Service Manager”, in the Professional Service Contract (June 2005 with amendments June 2006) mean the “Employer’s Agent”, in the Framework Contract (June 2005) mean the “Framework Manager” and in the Engineering and Construction Short Contract (June 2005) (ECSC) mean the “Employer’s Representative”; Any reference to “Defined Cost” will in the the Professional Service Contract (June 2005 with amendments June 2006) mean the “amount due”; Any reference to the “Site” will in the Term Service Contract (June 2005 with June 2006 Amendments) mean the “Affected Property”; Any reference to the “Contractor” will mean in the Professional Service Contract (June 2005 with amendments June 2006) the “Consultant” and in the Framework Contract (June 2005) mean the “Supplier”;
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Examples of Price for Work Done to Date in a sentence

  • A6.2.1.11 The fact that the Contractor shares in both the pain and the gain of any movement of the target cost is purported to encourage effective management control of the final Price for Work Done to Date relative to the final target cost.

  • Scrap Plant and Materials on Site,A6.2.5.7 The Contractor should assess the wastage percentage of each identified items in Step 1 above and update his forecast of Price for Work Done to Date.

  • The Contractor should agree with the Project Manager the adjustment to the Price for Work Done to Date based on open market rates of the residual Plant and Materials.

  • A6.2.5.8 The Project Manager should check the Contractor’s assessment and make necessary adjustment to the Price for Work Done to Date for certification.

  • A6.2.5.10 The Project Manager should undertake a half-yearly interim audit on wastage of the identified items under Step 1 above and should make necessary adjustment to the Price for Work Done to Date accordingly if these identified items have already been paid by the Employer.

  • A6.2.6.7 If sale of the residual Plant and Materials is required, the Contractor should arrange for sale of the residual Plant and Materials purchased by him and already paid as Price for Work Done to Date based on competitive means.

  • For Option B, there is no general provision for early payment for Plant and Materials or Equipment within the Working Areas before incorporation into the works or using to Provide the Works since the Price for Work Done to Date is developed with due regard to the completed work without Defects which would either delay or be covered by immediately following work.

  • A6.2.6.6 If sale of the residual Plant and Materials is not required, the Contractor should keep the residual Plant and Materials purchased by him and already paid as Price for Work Done to Date.

  • The Price for Work Done to Date should then be adjusted accordingly with credit values from the sale of the residual Plant and Materials.Handling of Residual Equipment Notice to be given A6.2.6.8 The Contractor should give advance notice to the Project Manager preferably at least 1 day before delivery or removal of any Equipment to or from the Site or other part(s) of the Working Areas), save and except for any urgent case where wavier from the Project Manager is to be obtained.

  • Z21.1 Without prejudice to any other rights or remedies of the Employer, if any of the parent company guarantees, performance bonds or warranties requested by the Employer under the contract are not provided to the Employer within 4 weeks of the starting date, one quarter of the Price for Work Done to Date is retained in assessments of the amount due until the Contractor submits all of the required guarantees, bonds and warranties to the Employer.

Related to Price for Work Done to Date

  • Established catalogue price means the price included in a catalogue, price list, schedule, or other form that:

  • Base Year Value means the assessed value of eligible property January 1 preceding the execution of the agreement plus the agreed upon value of eligible property improvements made after January 1 but before the execution of the agreement.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • SAFE Price means the price per share equal to (x) the Valuation Cap divided by (y) the Fully Diluted Capitalization.

  • Brand Name or Equal Specification means a specification which uses one or more manufacturer’s names or catalogue numbers to describe the standard of quality, performance, and other characteristics needed to meet District requirements, and which provides for the submission of equivalent products.

  • Certified Remanufacture System or Verified Engine Upgrade means engine upgrades certified or verified by EPA or CARB to achieve a reduction in emissions.

  • Real-Time Price means the Resource-Specific Settlement Interval LMP as defined in the CAISO Tariff. If there is more than one applicable Real-Time Price for the same period of time, Real-Time Price shall mean the price associated with the smallest time interval.

  • Price Per Share shall have the meaning ascribed to such term in Section 2.1.

  • Initial Reference Pricei means as specified in the above table at item 15 (A) (i);

  • Established catalog price means the price included in a catalog, price list, schedule, or other form that:

  • Total Exercise Price shall have the meaning set forth in Section 4(a) hereof.

  • The Contract Price means the price payable to the Supplier under the Contract for the full and proper performance of its contractual obligations.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Unadjusted Benchmark Replacement means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment.

  • Target Price means the estimated amount payable to the Contractor for the performance of the Work under a Cost Plus Fixed Fee (CPFF) Contract.

  • State average adjusted property tax base per square mile means the sum of

  • Current Price means, with respect to any Reference Obligation on any date of determination, the Calculation Agent’s determination of the net cash proceeds that would be received from the sale on such date of determination of such Reference Obligation, net of the related Costs of Assignment. If Counterparty disputes the Calculation Agent’s determination of the Current Price of any Reference Obligation, then Counterparty may, no later than two hours after Counterparty is given notice of such determination, (a) designate up to two entities, each of which shall be either (i) an Approved Buyer or (ii) a Dealer of credit standing acceptable to Citibank in the exercise of its reasonable discretion and (b) provide to Citibank within such two-hour period with respect to each such Approved Buyer or Dealer a Firm Bid with respect to the entire Reference Amount of the Reference Obligation. The higher of such two Firm Bids will be the Current Price. The “Current Price” shall be expressed as a percentage of par and will be determined exclusive of accrued interest.

  • Underlying Reference Strike Price means, in respect of an Underlying Reference, the Underlying Reference Closing Price Value for such Underlying Reference on the Strike Date.

  • Peak tube potential means the maximum value of the potential difference across the x-ray tube during an exposure.

  • Initial Reference Price means the official closing price of the Underlying Share on Strike Date.

  • Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Closing Level in respect of such day.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Closing Price Per Share means, with respect to the Common Stock, for any day, (i) the last reported sale price regular way on the Nasdaq National Market or, (ii) if the Common Stock is not quoted on the Nasdaq National Market, the last reported sale price regular way per share or, in case no such reported sale takes place on such day, the average of the reported closing bid and asked prices regular way, in either case, on the principal national securities exchange on which the Common Stock is listed or admitted to trading, or (iii) if the Common Stock is not quoted on the Nasdaq National Market or listed or admitted to trading on any national securities exchange, the average of the closing bid prices in the over-the-counter market as furnished by any New York Stock Exchange member firm selected from time to time by the Company for that purpose.

  • Strike Price means, except as otherwise provided by the Committee in the case of Substitute Awards, (i) in the case of a SAR granted in tandem with an Option, the Exercise Price of the related Option, or (ii) in the case of a SAR granted independent of an Option, the Fair Market Value on the Date of Grant.

  • Furniture maintenance product means a wax, polish, conditioner, or any other product designed for the purpose of polishing, protecting or enhancing finished wood surfaces other than floors. Furniture maintenance product does not include: dusting aids; wood cleaners, and products designed solely for the purpose of cleaning; and products designed to leave a permanent finish such as stains, sanding sealers and lacquers.