Tender Lump Sum definition

Tender Lump Sum means the amount payable by the Principal for the Services or Works set out in the Tender.
Sample 1

Examples of Tender Lump Sum in a sentence

  • The Contract Administrator shall calculate the Tender Quantity in cubic meters for each applicable tender item and multiply that by $1000.00 to determine the Tender Lump Sum Price.

  • GST)$6,596,694 Final Adjusted Tender Lump Sum – inclusive of nominated tender options to be accepted (TO03, TO04, TO06 & TO07) and the correction of any stated errors/omissions by tenderers (excl.

  • As a result of the above assessment process the following final adjusted lump price for the preferred contractor is outlined below: Final Adjusted Tender Lump Sum – exclusive of all nominated tender options to be accepted and with correction of any stated errors/omissions by tenderers (excl.

  • Document –V : Form of Tender (Lump Sum fixed price to be quoted onthis Letter by Bidder) Document – VI : Schedule of Works and Bill of Quantities/ ScheduleOf Activities and other development works etc as applicable.

  • The Tenderer submits its Tender to carry out the Services or Works for the Tender Lump Sum and warrants that it submits its Tender in good faith.

Related to Tender Lump Sum

  • Lump Sum means the total sum which will have become payable to the Contractor by the Principal upon completion of the Works.

  • Lump Sum Payment means, collectively, the lump-sum payments that may be payable to Executive pursuant to the first sentence of Subsection 6(b)(iii) and pursuant to Subsection 6(c)(ii)(B).

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • Retirement allowance means the retirement payments to which a member is entitled.

  • Qualified Preretirement Survivor Annuity means an annuity which is payable for the life of the Participant's surviving spouse.

  • Share Premium Account means the share premium account established in accordance with these Articles and the Companies Act.

  • Termination Benefit means the benefit set forth in Article 7.

  • Scheduled Distribution means, with respect to any Collateral Loan, for each Due Date, the scheduled payment of principal and/or interest and/or fees due on such Due Date with respect to such Collateral Loan.

  • Non-Elective Contribution means the Employer contributions to the Plan excluding, however, contributions made pursuant to the Participant's deferral election provided for in Section 4.2 and any Qualified Non-Elective Contribution used in the "Actual Deferral Percentage" tests.

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Issuer or any Guarantor described in the definition of “Contribution Indebtedness.”

  • Public benefit means making capital available, or facilitating the availability of capital, to businesses in this state that have 750 or fewer employees, the intent of which is to create or retain employment opportunities for residents of this state, stabilize or increase the tax base of this state, or support the redevelopment of facilities for use by small businesses.

  • Qualified Non-Elective Contribution means any Employer contributions made pursuant to Section 4.1(c) and Section 4.6(b) and Section 4.8(f). Such contributions shall be considered an Elective Contribution for the purposes of the Plan and may be used to satisfy the "Actual Deferral Percentage" tests or the "Actual Contribution Percentage" tests.

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • Disability Support Pension means the Commonwealth pension scheme to provide income security for persons with a disability as provided under the Social Security Act 1991, as amended from time to time, or any successor to that scheme.

  • Completion Payment means the payment for the 20% of the Charges for each Apprenticeship that under the ESFA Rules is only paid once an Apprentice takes their end point assessment, including as the case may be Apprenticeships funded by Transferred Levy Funds;

  • Cash Contribution refers to a direct payment of Contribution in Canadian currency.

  • Qualified Joint and Survivor Annuity means an immediate annuity for the life of a Participant, with a survivor annuity for the life of the spouse which is not less than 50% and not more than 100% of the amount of the annuity which is payable during the joint lives of the Participant and the spouse, and which is the amount of benefit that can be purchased with the Participant's Vested Account Balance. The percentage of the survivor annuity under the Plan shall be 50%.

  • Initial Contribution means that contribution each Participant has made or agrees to make pursuant to Section 5.1 of the Agreement.

  • Rollover Contribution means any rollover contribution to the Plan made by a Participant as may be permitted under Article V.

  • Cash Payment has the meaning set forth in Section 2.2(b).

  • Initial Payment means the dollar amount specified as the “Initial Payment” in the applicable Purchase Agreement.

  • Preferred Allowance means the amount a Preferred Provider will accept as payment in full for Covered Medical Expenses.

  • AHYDO Catch-Up Payment means any payment on any Indebtedness that would be necessary to avoid such Indebtedness being characterized as an “applicable high yield discount obligation” under Section 163(i) of the Code.

  • Earliest Retirement Age means the earliest date on which, under the Plan, the Participant could elect to receive retirement benefits.

  • Retirement Benefit means the benefit set forth in Article 5.

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.