Common use of Agreed Prices Clause in Contracts

Agreed Prices. Agreed prices for new items of work or materials may be incorporated in the order-on-contract as the Sponsor may deem them to be just and fair and beneficial to the Sponsor. These prices must be supported by a complete price analysis in the order-on-contract or, by reference to average bid prices for similar type and quantity of work from other recent contracts. The price analysis will be based on an estimated breakdown of charges listed in the following paragraph 2. "Force Account Charges," unless some other basis is approved by the Sponsor.

Appears in 5 contracts

Samples: a856-cityrecord.nyc.gov, a856-cityrecord.nyc.gov, a856-cityrecord.nyc.gov

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