PRICE BASIS. 7.1 The tariffs contained in Annexure C shall remain fixed until xxxxxx except for fuel price adjustments as contained in clause 7.3. The tariffs shall be reviewed and negotiated in good faith by the Parties on or before xxx and annually thereafter. The negotiated tariffs will be applicable with effect from xxx and annually thereafter. If the Parties fail to reach agreement on or before the xxx then the following formula shall be used after the first 1-year term of the Agreement to determine the tariff adjustment. = PO (20 + 80BM) 100 BMO Where: P = Revised tariff PO = Original tender tariff 20 = The fixed portion of the tariff, which will not be subject to adjustment BM = The average of SEIFSA Index for Road Freight Costs (Table L2), for the latest available months since xxxxx prior to the date of the tariff adjustment. BMO = The SEIFSA Index for Road Freight Costs (Table L2) for the month of tender, i.e. xxxxx If the Parties fail to reach agreement on or before the xxxxx of the second year of the term, then the following formula shall be used after the 1-year of the term of the Agreement to determine the tariff adjustment P = PO (20 + 80BM) 100 BMO Where: P = Revised tariff PO = Original tender tariff 20 = The fixed portion of the tariff, which will not be subject to adjustment BM = The average of SEIFSA Index for road freight costs (Table L2), for the latest available 12-month period prior to the date of the tariff adjustment BMO = The average of SEIFSA Index for road freight costs (Table L2), for the corresponding 12-month period prior to the period as referred to in BM.
7.2 In the event that the cumulative change in the price of diesel amounts to 10% or more since the previous tariff adjustment, it will be the responsibility of the Contractor to apply for the tariff adjustment and ArcelorMittal shall on receipt of a request adjust the tariff, provided the application for the adjustment of the tariff is received and proved to ArcelorMittal's satisfaction within 14 (fourteen) days from the date of the official adjustment of the diesel price by the governmental authority concerned. The adjusted tariff will be effective from the 1st calendar day of the month following the month in which the diesel price adjustment occurred. If the application is received and proved after the 14 (fourteen) days, the adjusted tariff will be effective from the 1st calendar day of the second month following the month in which the diesel price change occurred. The portion of t...
PRICE BASIS. 3.1 Unless otherwise agreed, price of the material shall be free on board (stowed), Xxxxxxxxxxxxx Xxxx, Xxxxxxxxxxxxx, Xxxxx or Xxxxxxxxxx Xxxx, Xxxxxxxxxxxxx, Xxxxx or any other port as per RINL VSP as specified in NIT.
3.2 (Applicable for steel products only): The BUYER shall arrange at his own cost and expense to provide materials including dunnaging required for stowing, dunnaging, lashing, shoring and securing of the material inside the hatches/holds of the vessel at load port to the Master of the vessel nominated by BUYER and accepted by SELLER for delivery as per clause 5., herein below. Labour charges involved in the work of dunnaging/stowing/ lashing/ shoring and securing of the materials shall be borne by SELLER.
3.3 SELLER shall under no circumstances be liable for any costs/ charges/ liabilities/ insurance/ freight/ taxes or duties/ levies/ fees whatsoever nature, including by reason of importation of the material in the country of import, arising subsequent to the delivery of the materials as per the agreement on the basis of FOBST.
3.4 Marine Insurance to be covered by the BUYER.
PRICE BASIS. Unless otherwise noted, prices include delivery and transportation charges fully prepaid F.O.B. Destination. No extra charge is to be made for packing or packages.
PRICE BASIS. 7.2.1 Contract Price, unit prices, pricing for change, and all other prices and rates set forth in the Contract shall remain fixed and firm and shall not be subject to any change whatsoever during the Term.
PRICE BASIS i. The services shall be carried out at HURL Barauni as required by EIC.
ii. The contractor shall ensure that the submitted quotation shall be in line with the latest statutory compliance.
iii. To & FRO, Fooding, Boarding, Lodging and Local conveyance is in the scope of contractor
PRICE BASIS. Bidders are required to quote price on the price basis as per Scope of Work / stipulated in the SCC/ATC.
PRICE BASIS. The price is quoted on the condition that supplier items and major material items can be ordered, and stored either on site or off site with storage certificates issued and payment made for materials held in storage.
PRICE BASIS. The Contract Price is firm and is inclusive of GST and all taxes, duties (including any customs duty) and government charges imposed or levied in Australia or overseas. The Contract Price includes the cost of any packaging, marking, handling, freight and delivery, insurance and any other applicable costs and charges.
PRICE BASIS. 7.1 The tariffs contained in Annexure C shall remain fixed until xxxxxxx except for fuel price adjustments as contained in clause 7.4.
7.2 The tariffs shall be reviewed and negotiated in good faith by the Parties on an annual basis. The negotiated tariffs will be applicable with effect from 1 November 2014 and annually thereafter. If the Parties fail to reach agreement on or before the 15th of October then the following formula shall be used after the first 1-year term of the Agreement to determine the tariff adjustment. P = PO (20 + 80BM) Where:
PRICE BASIS. All prices shall be firm until the purchase order is executed / completed in all respects. No price variations / escalation shall be permitted.