Common use of NON-TENDERED ITEMS Clause in Contracts

NON-TENDERED ITEMS. In case of items of works for which supplement agreement is to be entered into the following procedure will be adopted :- For items of work for which the rates can be derived from the rates for the items in the original agreement, the rates will be derived by applying the overall tender premium or discount to the rates for the new item by applying the prorata excess or discount for the item of work, from which the rate is derived; the lesser rate of these two will be adopted for making payment to the contractor. For items of work for which the rates cannot be derived from the rates for the items in the original agreement, the rates for payment will be as follows: When the schedule of rates has not changed during the period from the date of execution of the original agreement to the date of supplemental agreement the rates for the supplemental agreements shall be the prevailing schedule of rates with the tender premium applied.