Common use of Tender Price Clause in Contracts

Tender Price. The total price of our Tender, excluding any discounts offered in item (f) below is: Option 1, in case of one lot: Total price is: Total Amount in figures: ………………………………………………………………………………………………… Total Amount in Words: ………………………………………………….................................... ……………………………………………………………………………………………………………. or Option 2, in case of multiple lots: (a) Total price of each lot [insert the total price of each lot in words and figures, indicating the various amounts and the respective currencies]; and (b) Total price of all lots (sum of all lots) [insert the total price of all lots in words and figures, indicating the various amounts and the respective currencies];

Tender Price. The total price of our Tender, excluding any discounts offered in item (f) below is: Option 1, in case of one lot: Total price is: Total Amount in figures: figures:(Kshs) ………………………………………………………………………………………………… Total Amount in Words: Words:(Kshs) …………………………………………………..................................………….................................... …………. ………………………………………………………………………………………………………………………………………. or Option 2, in case of multiple lots: (a) Total price of each lot [insert the total price of each lot in words and figures, indicating the various amounts and the respective currencies]; and (b) Total price of all lots (sum of all lots) [insert the total price of all lots in words and figures, indicating the various amounts and the respective currencies];

Tender Price. The total price of our Tender, excluding any discounts offered in item (f) below is: Option 1, in case of one lot: Total price is: Total Amount in figures: ………………………………………………………………………………………………… Total Amount in Words: …………………………………………………..................................………….................................... …………. ………………………………………………………………………………………………………………………………………. or Option 2, in case of multiple lots: (a) Total price of each lot [insert the total price of each lot in words and figures, indicating the various amounts and the respective currencies]; and (b) Total price of all lots (sum of all lots) [insert the total price of all lots in words and figures, indicating the various amounts and the respective currencies];