Non-Pre-Priced Items Sample Clauses

Non-Pre-Priced Items. For JOC to secure Work, JOC shall reach an agreement with City with regard to the reasonable and necessary cost of labor and materials to perform the Work. The agreed upon combined cost of labor and materials shall be increased by a maximum no greater than twelve percent (12%) to cover JOC’s overhead and profit. Then, to arrive at the maximum amount to be paid by City to JOC for Non-Pre-Priced items under an issued Job Order, JOC shall price out the Non-Pre-Priced items of the Work and submit its pricing, along with all supporting documentation, reflecting JOC’s truthful and anticipated costs for the Non-Pre-Priced Items of the Work. Upon receipt of JOC’s pricing and supporting documentation, City shall review JOC’s submitted pricing and, if City so elects, negotiate JOC’s submitted pricing, request additional supporting documentation regarding JOC’s pricing or accept JOC’s pricing for the Non-Pre-Priced Items of the Work. JOC acknowledges its submitted pricing to City for Non-Pre-Priced Items shall remain valid for sixty
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Non-Pre-Priced Items. Non-Pre-priced items are the necessary, but incidental, parts of a Job Order Project that are not General Conditions Cost Items or susceptible to unit pricing using the Unit Price Guide. Non-pre-priced items for any Job Order Project shall be billed to Owner at Contractor’s Actual Cost. Non-pre-priced items shall not exceed ten percent (10%) of the total cost proposal for a Job Order Project. Owner shall not pay the cost of any non-pre-priced item that should have been submitted as a pre-priced item in the Project Proposal.‌
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Non-Pre-Priced Items. Non-Pre-priced items are hereby defined to mean the necessary, but incidental, parts of a Job Order that are not susceptible to unit pricing using the pre-priced tasks in the Unit Price Guide. The proposed amount for each Non-Pre-priced Item in the Job Order proposal shall be a firm, fixed price and shall include all Contractor cost items otherwise included in the Coefficient Multiplier used for Pre-priced Item. Non-Pre-priced items shall not exceed ten percent (10%) of the total proposed price for a Job Order, unless Owner expressly approves otherwise.
Sample 1
Non-Pre-Priced Items. 2.1 Payment for work performed during standard working hours shall be based on the Coefficient factor of - multiplied times the sum of the cost of non-pre-priced items not contained in the Unit Price Book. 2.2 Payment for work performed during non-standard working hours shall be based on the Coefficient factor of - multiplied times the sum of the cost of non-pre- priced items not contained in the Unit Price Book. 2.3 For work requiring an expenditure of $75,000 or less where pricing cannot be determined by the Unit Price Book, the Contractor shall furnish, unless otherwise directed, a breakdown in sufficient detail to permit an analysis of all material, labor, equipment, and subcontract costs. Any amount claimed for subcontractors or material suppliers shall require price quotations from at least three sources and be supported by a similar cost breakdown, which shall show subcontractors/suppliers by prime, and others. All costs claimed are subject to negotiation. 2.4 Payment for work that is not contained in the Unit Price Book performed during standard work hours is based on the applicable year, non pre-priced coefficient factor bid for work performed during standard working hours multiplied by the sum of the cost of the non-pre-priced items. 2.5 Payment for work that is not contained in the Unit Price Book performed during non-standard hours shall be based on the applicable year, non pre-priced coefficient factor bid for work performed during non-standard working hours, multiplied by the sum of the cost of the non pre-priced items.
Sample 1

Related to Non-Pre-Priced Items

  • Non pre-priced Adjustment Factor To be applied to Work determined not to be included in the CTC but within the general scope of the work: 1.1900.

  • Reallocation to a Class with a Lower Salary Range Maximum 1. If the employee meets the skills and abilities requirements of the position and chooses to remain in the reallocated position, the employee retains the existing appointment status and has the right to be placed on the Employer’s internal layoff list for the classification occupied prior to the reallocation. 2. If the employee chooses to vacate the position or does not meet the skills and abilities requirements of the position, the layoff procedure specified in Article 31 of this Agreement applies.

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

  • True-Up Adjustments From time to time, until the Retirement of the Recovery Bonds, the Servicer shall identify the need for True-Up Adjustments and shall take all reasonable action to obtain and implement such True-Up Adjustments, all in accordance with the following:

  • Market Value Adjustment Transfer of Current Value from the Funds or AG Account ............ 17 3.08 Notice to the Certificate Holder .................................. 18 3.09 Loans ............................................................. 18 3.10 Systematic Withdrawal Option (SWO) ................................ 18 3.11

  • Minimum Adjustment The adjustments required by the preceding sections of this Article IV shall be made whenever and as often as any specified event requiring an adjustment shall occur, except that no adjustment of the Exercise Price or the number of shares of Common Stock issuable upon exercise of the Warrants that would otherwise be required shall be made unless and until such adjustment either by itself or with other adjustments not previously made increases or decreases by at least 1% the Exercise Price or the number of shares of Common Stock issuable upon exercise of the Warrants immediately prior to the making of such adjustment. Any adjustment representing a change of less than such minimum amount shall be carried forward and made as soon as such adjustment, together with other adjustments required by this Article IV and not previously made, would result in a minimum adjustment. For the purpose of any adjustment, any specified event shall be deemed to have occurred at the close of business on the date of its occurrence. In computing adjustments under this Article IV, fractional interests in Common Stock shall be taken into account to the nearest one-hundredth of a share.

  • Adjustment of Minimum Quarterly Distribution and Target Distribution Levels (a) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution, Third Target Distribution, Common Unit Arrearages and Cumulative Common Unit Arrearages shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected by a distribution payable in Units or otherwise) of Units or other Partnership Securities in accordance with Section 5.10. In the event of a distribution of Available Cash that is deemed to be from Capital Surplus, the then applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall be adjusted proportionately downward to equal the product obtained by multiplying the otherwise applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, as the case may be, by a fraction of which the numerator is the Unrecovered Capital of the Common Units immediately after giving effect to such distribution and of which the denominator is the Unrecovered Capital of the Common Units immediately prior to giving effect to such distribution. (b) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall also be subject to adjustment pursuant to Section 6.9.

  • Successive Adjustments After an adjustment to the Conversion Rate under this Article 11, any subsequent event requiring an adjustment under this Article 11 shall cause an adjustment to the Conversion Rate as so adjusted.

  • Performance Adjustment One-twelfth of the annual Performance Adjustment Rate will be applied to the average of the net assets of the Portfolio (computed in the manner set forth in the Fund's Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month and the performance period.

  • PREMIUM ADJUSTMENT If THE COMPANY overpays a reinsurance premium and THE REINSURER accepts the overpayment, THE REINSURER’s acceptance will not constitute or create a reinsurance liability or increase in any existing reinsurance liability. Instead, THE REINSURER will be liable to THE COMPANY for a credit in the amount of the overpayment. If a reinsured policy terminates, THE REINSURER will refund the excess reinsurance premium. This refund will be on a prorated basis without interest from the date of termination of the policy to the date to which a reinsurance premium has been paid.

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