Sufficiency of Contract Price Sample Clauses

Sufficiency of Contract Price. The Contractor shall have satisfied itself as to the correctness and sufficiency of the Contract Price. The Contract Price shall cover all its obligations under the Agreement, in addition to all risks the Contractor has agreed to undertake under the Agreement, including those associated with the performance of its obligations under the Agreement and all things necessary for the provision of the Works in a manner satisfactory to the Authority and in accordance with this Agreement.
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Sufficiency of Contract Price. The Contractor is deemed to have inspected the Site and examined all other documents and information available in relation to the Works and to have satisfied itself as to the correctness and sufficiency of the Contract Price.
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Sufficiency of Contract Price. Widening/Improvement to 4 (Four) Lane with Paved Shoulder from KM 131+500 to Km 146+250 (Design Chainage 131+152 to 145+712) of Manja – Dillai Section (Package-7) of NH 29 in the state of Assam on EPC mode
Sample 1
Sufficiency of Contract Price. 6.1 Subject to the provisions of this Contract, the cost of executing the Works shall be at the risk of the Contractor. The Contractor shall be deemed to have obtained all information and taken account of all circumstances which may affect such cost before agreeing to the Contract Price and therefore shall be deemed to have satisfied itself as to the correctness and sufficiency of the Contract Price. Unless otherwise stated in this Contract, the Contract Price covers all the Contractor’s obligations under this Contract and all things necessary for the proper design, execution and completion of the Works and the remedying of any Defects.
Sample 1
Sufficiency of Contract Price. The Contractor is deemed to have inspected the Site and examined all other documents and information available in relation to the Works and to have satisfied itself as to the correctness and sufficiency of the Contract Price. Contractor to provide the payment claim: Prior to the issue of an invoice, and within five (5) Working Days of expiry of the relevant period stated in the Special Conditions of Contract, the Contractor must provide the Principal with a payment claim for review. The payment claim must not be in the form of a GST invoice. The payment claim must be addressed to the Principal and must detail the amounts claimed for payment (including any advances for materials not yet on site for which payment is provided for in Part 1: Special Conditions of Contract, where the Contractor has satisfied the conditions applicable to such advances stated in Part 1: Special Conditions of Contract) and show details of any amendments to the original Contract Price. The Principal to assess payment claim: The Principal must assess the Contractor's payment claim and may amend it as necessary to comply with the terms of the contract and its valuation of the works performed. The Principal to issue payment schedule: The Principal must issue to the Contractor a payment schedule within fifteen (15) Working Days of receipt of the payment claim. The payment schedule will indicate the amount of the payment claim which the Principal proposes to pay the Contractor ("the Scheduled Amount").
Sample 1
Sufficiency of Contract Price. The Contractor shall have satisfied itself as to the correctness and sufficiency of the Con- tract Price. The Contract Price shall cover all its obligations under the Agreement, in ad- dition to all risks the Contractor has agreed to undertake under the Agreement, including those associated with the performance of its obligations under the Agreement and all things necessary for the provision of the Works in a manner satisfactory to the Authority and in accordance with this Agreement.
Sample 1
Sufficiency of Contract Price. The Service Provider shall be deemed to have satisfied himself of and taken account of in his bid, all the conditions and circumstances of supplying human resource, contributions toward statutory obligations of EPF, ESI, Insurance, Maternity benefits, Service tax, duties, income tax etc affecting the contract price specifically.
Sample 1
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Sufficiency of Contract Price. The Supplier acknowledges that the Contract Price:
Sample 1
Sufficiency of Contract Price. ‌ The Contractor shall have satisfied itself as to the correctness and sufficiency of the Contract Price. The Contract Price shall cover all its obligations under the Agreement, in addition to all risks the Contractor has agreed to undertake under the Agreement, including those associated with the performance of its obligations under the Agreement and all things necessary for the provision of the Works in a manner satisfactory to the Authority and in accordance with this Agreement. Clearance of the Site‌ During the provision of the Works, and as a pre-condition to the issue of the Taking- Over Certificate, the Contractor shall clear away and remove from the Site, all Contractor's equipment, surplus material, wreckage, rubbish and temporary Works, and shall keep the Site free from all unnecessary obstructions, and shall not store or dispose of any Contractor's equipment or surplus materials on the Site. The Contractor shall promptly clear away and remove from the Site any wreckage, rubbish or temporary Works no longer required and leave the Site and the Works in a clean and safe condition to the sole satisfaction of the Authority.
Sample 1

Related to Sufficiency of Contract Price

  • Contract Price 5.01 Owner shall pay Contractor for completion of the Work in accordance with the Contract Documents the amounts that follow, subject to adjustment under the Contract:

  • Payment and Contract Price C1 Contract Price C2 Payment and VAT C3 Recovery of Sums Due C4 Contract Price During Extension of the Initial Contract Period C5 Euro

  • Contract Price Adjustment The basis upon which the Contract Price shall be adjusted is as set out in paragraph 9.2 of Schedule IVB.

  • THE CONTRACT PRICE A. This Contract is an indefinite-quantity contract for construction work and services. The Estimated Annual Value of this Contract is $2,000,000. This is only an estimate and may increase or decrease at the discretion of Sourcewell.

  • Purchase Price Adjustment (a) At least five Business Days prior to the Closing Date, Seller shall prepare, or cause to be prepared, and deliver to Purchaser a good faith estimated statement of Working Capital of the Business as of the close of business on the Closing Date (the “Estimated Closing Date Working Capital Statement”), and a certificate setting forth a good faith estimate of Working Capital as of close of business on the Closing Date (“Estimated Closing Date Working Capital”), an estimate of Closing Date Cash (“Estimated Closing Date Cash”) and an estimate of Assumed Indebtedness (“Estimated Assumed Indebtedness”). The Estimated Closing Date Working Capital Statement shall be prepared in accordance with GAAP, as modified by the accounting policies specified on Schedule 2.3(a) (“Specified Accounting Policies”), and to the extent consistent with GAAP, in accordance with the accounting principles, procedures, policies, methods that were employed in preparing the Benchmark Balance Sheet, consistently applied. The Initial Cash Consideration shall be (i)(A) increased dollar for dollar to the extent the Estimated Closing Date Working Capital exceeds the Target Working Capital, or (B) decreased dollar for dollar to the extent the Estimated Closing Date Working Capital is less than the Target Working Capital, (ii) increased dollar for dollar to the extent that Estimated Closing Date Cash is greater than U.S.$0 and (iii) decreased dollar for dollar by the Estimated Assumed Indebtedness (the Initial Cash Consideration, as adjusted pursuant to this sentence and Section 6.12, the “Closing Date Cash Consideration”).

  • PRICE & PAYMENT Unless otherwise agreed:

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