Common use of PRICING OF PRELIMINARIES Clause in Contracts

PRICING OF PRELIMINARIES. Should the contractor select Option A in the contract data for the adjustment of preliminaries, the amounts entered against the relevant items in these preliminaries are to be divided into one or more of the three categories provided namely fixed (F), value related (V) and time related (T)

PRICING OF PRELIMINARIES. Should the contractor select Option A in terms of clause 26.9.4 of the contract data for the purpose of adjustment of these preliminaries, the amounts amount entered against into the relevant items amount column in these preliminaries are is to be divided into one or more of the three categories provided namely fixed (F), value related (V) and time related (T)