Contract Price definition

Contract Price means the price payable to the supplier under the contract for the full and proper performance of his contractual obligations.
Contract Price means the price payable to the Supplier as specified in the Contract Agreement, subject to such additions and adjustments thereto or deductions therefrom, as may be made pursuant to the Contract.

Examples of Contract Price in a sentence

  • A performance guarantee shall be compulsory for contracts with surviving obligations whose Total Contract Price is equal or above EUR 10.000.000 (ten million).

  • The Contractor’s total liability under this Contract shall not exceed [at least one] time(s) the Total Contract Price, subject to the sole exceptions set out in this Article I.13.

  • Except as otherwise stated in the Agreement: the Contractor accepts complete responsibility for having foreseen all difficulties and costs of successfully completing the Works; the Contract Price shall not be adjusted to take account of any unforeseendifficulties or costs; and the Scheduled Completion Date shall not be adjusted to take account of any unforeseen difficulties or costs.

  • The Authority shall pay damages to the Contractor equivalent to 1% of the Contract Price (3% in case of standalone bridge projects).

  • As evidence of its assertion of the exemption, Buyer shall provide Seller an executed sale-for-resale exemption certificate, attached hereto as Schedule 9.1. The Contract Price does not include any sales, use, gross receipts, or other similar Taxes, and, subject to the applicability and validity of such exemption, Seller shall not bill Buyer for any such Taxes.


More Definitions of Contract Price

Contract Price means the sum agreed in the Contract as payable to the Contractor for the execution and completion of the Works and for remedying of any defects therein in accordance with the Contract.
Contract Price means the price payable to the successful/ selected bidder as specified in the Agreement, subject to such additions and adjustments thereto or deductions there from, as may be made pursuant to the Contract.
Contract Price means the sum stated in the Letter of Acceptance as payable to the Contractor for the execution and completion of the Works subject to such additions thereto or deductions therefrom as may be made and remedying of any defects therein in accordance with the provisions of the Contract.
Contract Price means the sum named in the Tender subject to such additions thereto or deductions there from as may be made under the provisions hereafter contained.
Contract Price means the sum accepted or the sum calculated in accordance with the price and / or terms accepted by or on behalf of the purchaser.
Contract Price means the price (exclusive of any applicable VAT), payable to the Contractor by the Authority under the Contract, as set out in the Prices & Rates Schedule, for the full and proper performance by the Contractor of its obligations under the Contract but before taking into account the effect of any adjustment of price in accordance with clause C4 (Price Adjustment on Extension of Initial Contract Period).
Contract Price means the sum named in the tender, subject to such addition thereto or deductions there from as may be made under the provisions of the contract;