Common use of More Favourable Commercial Terms Clause in Contracts

More Favourable Commercial Terms. the intention in respect of FM contracts under this framework is for More Favourable Commercial Terms as set out within the Core Terms to be applied only to Pass Through Costs. The Order Form should make this clear; Variation Threshold - here you may set a monetary value or % of Charges that if exceeded by Variation to the Call-Off Contract on an aggregate basis, will enable the Supplier to look at the impact the Variation has on their wider pricing structure. Please see definition within Joint Schedule 1 – Definitions; Inclusive Repair Threshold – here you must state whether you will operate an Inclusive Repair Threshold under which the costs of individual Reactive Maintenance Works are included in the tendered fixed cost and the Baseline Monthly Payment i.e., not billable to the Buyer in addition to the Baseline Monthly Payment. You may select £0; Billable Works Value Ranges - these link to the process maps contained within Attachment 3 – Annex B – Process, Standards and Service Delivery Response Times and Call-Off Schedule 4a – Billable Works. For each Tier and value range, a different process is associated with how Billable Works will be sourced. You can amend the value ranges according to your requirement; Business Critical Events – any event which may trigger the invocation of the Business Continuity and Disaster Recovery Plan and under which circumstance written approval for Billable Works is not required (see Call-Off Schedule 4a – Billable Works, paragraph 3.2);

Appears in 3 contracts

Samples: Framework Agreement, Framework Agreement, Framework Agreement

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More Favourable Commercial Terms. the intention in respect of FM contracts under this framework is for More Favourable Commercial Terms as set out within the Core Terms to be applied only to Pass Through Costs. The Order Form should make this clear; Variation Threshold - here you may set a monetary value or % of Charges that if exceeded by Variation to the Call-Off Contract on an aggregate basis, will enable the Supplier to look at the impact the Variation has on their wider pricing structure. Please see definition within Joint Schedule 1 – Definitions; Inclusive Repair Threshold – here you must state whether you will operate an Inclusive Repair Threshold under which the costs of individual Reactive Maintenance Works are included in the tendered fixed cost and the Baseline Monthly Payment i.e., not billable to the Buyer in addition to the Baseline Monthly Payment. You may select £0; Billable Works Value Ranges - these link to the process maps contained within Attachment 3 – Annex B – Process, Standards and Service Delivery Response Times and Call-Off Schedule 4a – Billable Works. For each Tier and value range, a different process is associated with how Billable Works will be sourced. You can amend the value ranges according to your requirement; Business Critical Events – any event which may trigger the invocation of the Business Continuity and Disaster Recovery Plan and under which circumstance written approval for Billable Works is not required (see Call-Off Schedule 4a – Billable Works, paragraph 3.2);

Appears in 3 contracts

Samples: Workplace Services Bid Pack, Workplace Services Bid Pack, Workplace Services Bid Pack

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