Markup for Price Quotations Sample Clauses

Markup for Price Quotations. During the term of the Contract, if the Agency requires materials that are not included in the standard catalogue (or the bidder’s catalogue, if different), the bidder shall solicit at least three price quotations for such materials. The bidder shall purchase the materials from the supplier providing the lowest quote and shall be entitled to the materials markup percentages under Part “B” of the Bid Sheets, on the lowest quote. Upon request of the bidder and for good cause shown, the Agency may waive this procedure for a particular item provided that the bidder’s proposed price for the material is demonstrated to be cost reasonable.
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Related to Markup for Price Quotations

  • Arithmetical Errors 30.1 The tender sum as submitted and read out during the tender opening shall be absolute and final and shall not be the subject of correction, adjustment or amendment in any way by any person or entity.

  • PRICING for Markup of Non-Prepriced Items in RS Means Unit Price Book What is your proposed Markup Percentage on materials not found in the RS Means Price Book? If any materials being utilized for a project cannot be found in the RS Means Price Book, this question is what is the markup percentage on those materials? When answering this question please insert the number that represents your percentage of proposed markup. Example: if you are proposing a 30 percent markup, please insert the number "30". Remember that this is a ceiling markup. You may markup a lesser percentage to the TIPS Member customer when pricing the project, but not a greater percentage. EXAMPLE: You need special materials that are not in the RS Means Unit Price Book for a project. You would buy the materials and mark them up to the TIPS Member customer by the percentage you propose in this question. If the materials cost you, the contractor, $100 and you proposed a markup on this question for the material of 30 percent, then you would charge the TIPS Member customer $130 for the materials.

  • REQUEST FOR QUOTATION (RFQ) A type of Bid Document that can be used when a formal Bid opening is not required (e.g., discretionary, sole source, single source or emergency purchases).

  • Measurements and arithmetic conventions All measurements and calculations shall be in the metric system and calculations done to 2 (two) decimal places, with the third digit of 5 (five) or above being rounded up and below 5 (five) being rounded down.

  • ECONOMIC PRICE ADJUSTMENT is the adjustment to the Aircraft Basic Price (Base Airframe, Engine and Special Features) as calculated pursuant to Exhibit D.

  • RESERVE PRICE AND BIDDING AT AUCTION CONDITIONS OF SALE

  • Log Prices The following price schedule shall be designated as the contract value and shall apply to all logs removed from designated timber. Payment shall be for net log scale, unless noted. Log prices shall be: Conifer Logs Price per MBF Xxxxxxx-fir $ Hemlock $ Other conifers At bid price for Xxxxxxx-fir Sawmill grade logs under 20 board feet At price above Utility (pulp) logs, adjusted gross scale At price above Peelable cull logs, adjusted gross scale At price above Hardwood Logs Price per MBF Alder and other hardwoods $16.00 Sawmill grade logs under 30 board feet $16.00 Utility (pulp) logs, adjusted gross scale $16.00

  • Tender Price The total price of our Tender, excluding any discounts offered in item (f) below is:

  • DATA USED FOR CALCULATIONS The calculations for payments under this Agreement shall be initially based upon the valuations that are placed upon all taxable property in the District, including the Applicant’s Qualified Property, by the Appraisal District in its annual certified tax roll submitted to the District for each Tax Year pursuant to TEXAS TAX CODE § 26.01 on or about July 25 of each year of this Agreement. Immediately upon receipt of the valuation information by the District, the District shall submit the valuation information to the Third Party selected and appointed under Section 4.3. The certified tax roll data shall form the basis of the calculation of any and all amounts due under this Agreement. All other data utilized by the Third Party to make the calculations contemplated by this Agreement shall be based upon the best available current estimates. The data utilized by the Third Party shall be adjusted from time to time by the Third Party to reflect actual amounts, subsequent adjustments by the Appraisal District to the District’s certified tax roll or any other changes in student counts, tax collections, or other data.

  • Market Adjustments 22. Neither this Article nor any other in this Collective Agreement prevents the Employer from using other funds to increase a Member’s salary in response to offers received from other employers or to accommodate other market forces.

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