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;
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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.
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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 of labour, plant, or material as payment for performance of the Work to which it relates.
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Examples of Unit Price Arrangement in a sentence

  • The documents forming the Contract shall be the contract documents referred to in 4 – CONTRACT DOCUMENTS.7.CONSTRUCTION TIME The Contractor shall perform and complete the Work beginning from end of August 2013 and ending no later than end of December 2013.8.UNIT PRICE TABLE The Bidder agrees that (a) the Unit Price Table designates that part of the Work to which a Unit Price Arrangement applies.

  • The NCC shall measure and record the quantities of labour, Plant and Material performed, used or supplied by the Contractor in performing the Work or any part thereof that is subject to a Unit Price Arrangement and, on request, shall inform the Contractor of those measurements, and permit the Contractor to inspect any records pertaining thereto.

  • Any provisions of the Contract that are expressly stipulated to be applicable only to a Unit Price Arrangement are not applicable to any part of the Work to which a Lump Sum Arrangement applies.

  • Items Lump Sum AmountFixed total amount01 29 001.2.2.1 UNIT PRICE TABLE The Unit Price Table designates Work to which a Unit Price Arrangement applies.

  • Any provisions of the Contract that are expressly stipulated to be applicable only to a Lump Sum Arrangement are not applicable to any part of the Work to which a Unit Price Arrangement applies.

  • If a Unit Price Arrangement applies to the Contract or a part thereof, the Contractor and Canada may, by agreement in writing, add items, units of measurement, estimated quantities and prices per unit to the Unit Price Table.


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.
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Related to Unit Price Arrangement

  • Price Agreement means a definite quantity contract or indefinite quantity contract which requires the contractor to furnish items of tangible personal property, services or construction to a state agency or a local public body which issues a purchase order, if the purchase order is within the quantity limitations of the contract, if any.

  • Unit Price means an amount stated in the Bid for which Bidder offers to perform the Unit Price Work for a fixed price per unit of measurement.