Unit Price Accuracy. Please check your unit prices before submitting your bid, as no change in prices will be allowed after the bid opening. All unit prices and notations must be in ink or typewritten. In cases of the extended price irregularities, unit pricing will prevail. The Bidder shall specify the price per unit of measure and the extended total, or the lump sum bid price if such is required by the bid documents, for each scheduled item of Work, as well as the Total Bid Amount for the entire Work to be completed under Agreement(s).
Unit Price Accuracy. Outcome: The Contractor is expected to maintain a unit price accuracy rate of 100%. Measure: Unit price accuracy is defined as the number of audited contractor supplier invoices where the unit price is equal to or less than the contractor’s actual product cost and inbound freight and other approved costs associated with bringing the product into the contractor’s warehouse. Standard: Achievement of outcome must meet or exceed ninety nine percent (99%). Note: Audit requirements are outlined in Section III. A., Payment, #1. d.
