Unit Priced Work Clause Samples
The Unit Priced Work clause defines how payment is calculated for work items that are measured and paid for based on specific units, such as per square foot, cubic yard, or linear meter. Under this clause, the contractor is compensated according to the actual quantities of work performed, with each unit priced at a predetermined rate set in the contract. This approach ensures that both parties have a clear and fair method for adjusting payments if the actual quantities differ from initial estimates, thereby managing cost uncertainty and reducing disputes over changes in scope.
Unit Priced Work. Item quantities paid on engineer’s estimates shall be supported by field documentation as directed in the Item Documentation instructions. Each item’s current estimate quantity documented in the Field Book shall be referenced to the respective engineer’s estimate number where payment was made. The reference shall be placed in the remarks field on the Field Book sheet.
Unit Priced Work. Payment for all unit priced Work shall be measured according agreed upon provisions in either the early work or GMP Amendments.
Unit Priced Work. Where the Fixed Component was based upon unit pricing such pricing shall be used for scope adjustments, subject to equitable market adjustments applicable to such pricing for the quantity of unit purchased.
Unit Priced Work. In computing amounts in estimates or Work done under unit prices, all estimates, including the final, will be made for actual quantities of Work performed and Material placed in accordance with the requirements contained in the ▇▇▇▇ Contractor Documents as determined as per Section 508- 1.2, and Part 1 of the Contract.