Agreed Margin definition
Examples of Agreed Margin in a sentence
The Agreed Margin or other Margin included in the calculation of D in the foregoing formula must be no less than the Allowance which would have applied to the relevant avoided costs if those costs were Base Costs or other Costs in respect of which an Agreed Margin or other Margin would have applied.
Cost & ▇▇▇▇▇▇ The Builder agrees to supply labour and materials, and to engage subcontractors as necessary to carry out the Building Work and the Owner agrees to pay the Builder for the labour and materials provided by the Builder and the Builder’s subcontractors, plus the Agreed Margin.