Contractor Price definition

Contractor Price means the price payable to the Contractor under the Contract for the full and proper performance of its contractual obligations.
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Contractor Price means the sum stated in the Letter of Acceptance as payable to the Contractor for the execution and completion of the Works and the remedying of any defects therein in accordance with the provision of the Contract.
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Contractor Price means the total price the Owner has agreed to pay to the Contractor for the Work, and for everything supplied under the Contract and included in the Contract, and in any event shall not exceed the amount specified in the Purchase Order;
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Examples of Contractor Price in a sentence

  • The Contractor Price is the price stated in the Letter of Acceptance and thereafter as adjusted in accordance with the provisions of the Contract.

  • The Bill of Quantities is used to calculate the Contractor Price.

  • Unless specifically authorized by the CITY, the amount of such insurance shall not be less that the Contractor Price totaled in the bid.

  • Approved Contractor Price (5)– Projects that can provide evidence that the general contractor has been selected by the owner and, if necessary, approved by the construction lender, and that the contractor's price has been approved by the owner and construction lender.

  • One paper copy and one electronic copy on floppy disk or CD of the Contractor Price Submittal must be submitted with a signed cover sheet and must be clearly identified with the Contractor’s Name, IFB Number and "CONTRACTOR PRICE SUBMITTAL".

  • Additional Work performed without authorization of a Change Order will not entitle Contractor to an increase in the Contractor Price or an extension of the Contract Time, except in the case of an emergency as provided in subsection 107.17 and as provided in the previous paragraph.

  • The Contractor Price is inclusive of all taxes, duties, cess, and statutory levies payable under any laws, including but not restricted to Goods and Services Tax (GST) levies by Union and State Governments (CGST,SGST,UTGST,IGST), labour cess, Customs Duty, Royalty, Toll Tax and any other such taxes and duties leviable by local/State/Union Government from time to time on all such articles, materials which may be used for this works or any other tax (duty etc.) paid by the contractor.

  • General Contractor Company awarded the contract for the project must provide a Performance Bond in the amount equal to one hundred percent (100%) of the General Contractor Price prior to the execution of the Contract.

  • Unless specifically authorized by the CITY, the amount of such insurance shall not be less than the Contractor Price totaled in their bid.

  • All OGS approved Contractor Price Lists will be posted on the OGS Procurement Services website, without exception.

Related to Contractor Price

  • Contract Price means the price payable to the supplier under the contract for the full and proper performance of his contractual obligations.

  • Supplier means the successful bidder who is awarded the contract to maintain and administer the required and specified service(s) to the State.

  • Contractor means the individual or entity, that has entered into this contract with the Commonwealth.

  • The Contract Price means the price payable to the Supplier under the Contract for the full and proper performance of its contractual obligations.