UNIT PRICE CONTRACTS definition

UNIT PRICE CONTRACTS means a Contract which establishes the basis for payment as a Cost per unit. A Unit Price Contract may incorporate a number of items each with a different unit Cost. Unit Price Contracts are normally Bid based upon an estimated quantity of work or units for each specified Bid item. Actual payment is based on the total of actual units produced and delivered multiplied by the Contract Unit Price.

Examples of UNIT PRICE CONTRACTS in a sentence

  • UNIT PRICE CONTRACTS: A Statement or Scope of Work (Technical Specifications) will be established at the time the Purchase Order is issued.

  • UNIT PRICE CONTRACTS For unit price contracts, the bid sheet shall be used as the schedule of values.

  • BID FOR UNIT PRICE CONTRACTS (CONTINUED)Bidder agrees to perform all the work described in the specifications and shown on the plans, for the following unit price: (Amounts are to be shown in both words and figures.

  • In 2018, French lenses producer Essilor merged with Italian frame manufacturer Luxottica.

  • PROPOSAL FORMS BID FOR UNIT PRICE CONTRACTS Place: 406 Justice Drive, Lebanon, OH 45036 Date: August 25, 2020 Proposal of (hereinafter called "Bidder", a corporation, organized and existing under the laws of the State of , a partnership, or an individual doing business as .

  • BID FOR UNIT PRICE CONTRACTS – NOT USED Place Date Project No. Proposal of (hereinafter called “Bidder”) acorporation, organized and existing under the laws of the State of , a partnership, or an individual doing business as .

  • UNIT PRICE CONTRACTS SPECIAL PROVISIONS AND BASIS OF MEASUREMENT AND PAYMENT The following sections are intended to provide supplemental detail to the contract items listed in the Form of Tender, the associated specifications and the Contract Drawings.

  • SUPPLEMENTAL TERMS AND CONDITIONS FOR UNIT PRICE CONTRACTS These general terms and conditions are incorporated by reference and are part of the contract documents for unit price contracts.

  • SPECIMEN RETENTION GUARANTEE VOLUME 3TECHNICAL SPECIFICATIONS VOLUME 4FINANCIAL OFFER UNIT PRICE CONTRACTS For full information about procurement procedures please consult the Practical Guide and its annexes, which can be downloaded from the following web page: http://ec.europa.eu/europeaid/prag/document.do We look forward to receiving your tender.

  • SPECIMEN RETENTION GUARANTEE VOLUME 3TECHNICAL SPECIFICATIONS VOLUME 4FINANCIAL OFFER UNIT PRICE CONTRACTS VOLUME 5DESIGN DOCUMENTS, INCLUDING DRAWINGS For full information about procurement procedures please consult the Practical Guide and its annexes, which can be downloaded from the following web page: http://ec.europa.eu/europeaid/prag/document.do We look forward to receiving your tender.

Related to UNIT PRICE CONTRACTS

  • Fixed price contract means a contract that provides a price, for each

  • Unit Price Work means the Work, or a portion of the Work, paid for based on incremental units of measurement.

  • Service Contracts means contracts or agreements, such as maintenance, supply, service or utility contracts.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • Contract Price(s) means the price(s) tendered by the contractor and accepted by the Council for the execution of the contract.

  • Contract Unit Price means the total price per unit charged to DLA Troop Support for a product delivered to DLA Troop Support’s customers. The Contract unit price consists of three components: delivered price plus distribution price less Government rebates and discounts. The unit price sum of the three component prices shall be rounded up or down as applicable, to the nearest cent to determine the final Contract unit price.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • Original contract price means the award price of the contract; or, for requirements contracts, the price payable for the estimated total quantity; or, for indefinite-quantity contracts, the price payable for the specified minimum quantity. Original contract price does not include the price of any options, except those options exercised at the time of contract award.

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

  • Total Contract Price means the total set out in "Tender Document Form: Contract Prices".

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

  • 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;

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

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

  • 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.

  • Service Contract means, with respect to a Financed Vehicle, the agreement, if any, financed under the related Receivable that provides for the repair of such Financed Vehicle.

  • Price Gap means the following:

  • Price Schedule means the schedules or any part or individual schedule thereof, submitted by the Bidder with his Bid and forming a part of the Contract;

  • Cost price means the actual cost of an item or article of tangible personal property computed in the

  • Purchase Price Allocation Schedule has the meaning set forth in Section 5.11(f)(ii).

  • Initial Unit Price means (a) with respect to the Common Units and the Subordinated Units, the initial public offering price per Common Unit at which the Underwriters offered the Common Units to the public for sale as set forth on the cover page of the prospectus included as part of the Registration Statement and first issued at or after the time the Registration Statement first became effective or (b) with respect to any other class or series of Units, the price per Unit at which such class or series of Units is initially sold by the Partnership, as determined by the General Partner, in each case adjusted as the General Partner determines to be appropriate to give effect to any distribution, subdivision or combination of Units.

  • Contract Purchase Price means the amount actually paid or allocated in respect of the purchase, development, construction or improvement of a Property or the amount of funds advanced with respect to a Mortgage, or the amount actually paid or allocated in respect of the purchase of other Assets, in each case exclusive of Acquisition Fees and Acquisition Expenses, but in each case including any indebtedness assumed or incurred in respect of such Property.

  • Final Price means (a) in the case of any Terminated Obligation, the amount determined pursuant to Clause 4, and (b) in the case of any Repaid Obligation, the amount determined pursuant to Clause 5, and

  • Locational Price Adder means an addition to the marginal value of Unforced Capacity within an LDA as necessary to reflect the price of Capacity Resources required to relieve applicable binding locational constraints.

  • CFD Contract or "CFD" shall mean a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • Contract Quantity means the quantity of Gas to be delivered and taken as agreed to by the parties in a transaction.