Common use of Unit Prices Clause in Contracts

Unit Prices. Unit price items and estimated quantities therefor, as provided by the Contractor in the Contract Documents include all costs for furnishing and installing the estimated quantity of each such item as stated, including all indirect costs, overhead, taxes, fees and profit. Subject to the provisions of Paragraph 11.8 of the General Conditions, if the quantity of any such unit price item as actually and properly furnished by the Contractor differs from the estimated quantity for such item as set forth herein, the Contract Sum may be adjusted by Change Order based upon the actual required quantity of such item and the applicable unit price as specified. The unit prices specified shall be applicable to both increases and decreases in the Contract Sum on an equal basis.

Appears in 5 contracts

Samples: Construction Services Agreement, Construction Services Agreement, Construction Services Agreement

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Unit Prices. Unit price items and estimated quantities therefor, as provided by the Contractor in the Contract Documents include all costs for furnishing and installing the estimated quantity of each such item as stated, including all indirect costs, overhead, taxes, fees and profit. Subject to the provisions of Paragraph 11.8 of the General Conditions, if the quantity of any such unit price item as actually and properly furnished by the Contractor differs from the estimated quantity for such item as set forth herein, the Contract Sum may be adjusted by Change Order based upon the actual required quantity of such item and the applicable unit price as specified. The unit prices specified shall be applicable to both increases and decreases in the Contract Sum on an equal basis.

Appears in 1 contract

Samples: Construction Services Agreement

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