Quantity Variation definition

Quantity Variation means difference in quantities of items from estimated and actual, which is required to complete the Work as per the Technical Specification.
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Examples of Quantity Variation in a sentence

  • In case of reduction of contract value beyond the lower limit specified in Quantity Variation clause, then the Security Deposit shall be re adjusted in proportion.

  • The User will pay the Quantity Variation Charge as defined in the Sixth Schedule.

  • Quantity Variation Charges are intended to constitute a potential disincentive to Users which do not utilise the Pipeline in the manner intended.

  • Facilities, structures, assets and equipment added or newly installed during the course of the contract will become part of the service order program at no additional cost to the Government as long as the volume of work does not exceed the Inventory Data Quantity Variation detailed in Annex 0200000 Spec Item 2.14.

  • Operational disturbances caused by such Users may potentially disadvantage all other Pipeline Users The Quantity Variation Charges as defined in the Sixth Schedule may be applied or waived solely at GGT' discretion.

Related to Quantity Variation

  • Quantity Surveyor means a duly qualified quantity surveyor of at least five (5) year’s experience in the assessment of building material and construction costs. Quantity Surveyor Assessment means an assessment by an independent Quantity Surveyor of the Construction Cost to the reasonable satisfaction of the Council. Regulation means the Environmental Planning and Assessment Regulation, 2000 (as amended).

  • Definite quantity contract means a fixed price contract that provides for a

  • Goods Specification means any specification for the Goods, including any related plans and drawings that are set out by the Authority to the Supplier.

  • Quantity means either tonnage or volume, depending on which term is the standard in the mining industry for the type of mineral;

  • Net weight means the weight of a commodity excluding any materials, substances, or items not considered to be part of the commodity. Materials, substances, or items not considered to be part of the commodity include containers, conveyances, bags, wrappers, packaging materials, labels, individual piece coverings, decorative accompaniments, prizes, coupons, and, in the case of edible commodities, anything that is nonedible.