Unit Price Arrangement definition
Unit Price Arrangement means that part of the Contract that prescribes the product of a price per unit of measurement multiplied by a number of units of measurement for performance of the Work to which it relates;
Unit Price Arrangement means a contractual arrangement that prescribes the product of a Contract Unit Price multiplied by a number of units of measurement of a class as payment for performance of the work to which it relates.
Unit Price Arrangement means that part of the Contract that prescribes the product of a price multiplied by a number of units of measurement of a class as payment for the performance of the Work to which it relates.
Examples of Unit Price Arrangement in a sentence
Any contract the provisions of the Contract staff are expressly stipulated to be applicable only commence a Unit Price Arrangement are not applicable to sit part place the pile to along a Fixed Price Arrangement is applicable.
Unit Price Arrangement, the Engineer shall measure and record the quantities of labour, plant and material, performed, used and supplied by the Contractor in performing the work and shall, at the request of the Contractor, inform him of those measurements.
Any of the provisions of the Contract that are expressly stipulated to be applicable only to a Fixed Price Arrangement are not applicable to any part of the Work to which a Unit Price Arrangement is applicable.
More Definitions of Unit Price Arrangement
Unit Price Arrangement means that part of the Contract where it is stipulated that the result of the multiplication of a price by a certain number of units of measurement of a given class will be paid out as payment for the performance of the work covered by that arrangement.
Unit Price Arrangement means that part of the contract that prescribes the product of a price multiplied by a number of units of measurement of a class as payment for performance of the work to which it relates.