Examples of Business Terms Sheet in a sentence
The PMT will include representatives from each Party as identified in the Business Terms Sheet.
The Owner and Risk/Reward Team members will jointly develop and document the Project Milestones based on the Contract Time set forth in the Business Terms Sheet.
Each of the Parties' SMT representatives is set forth in the Business Terms Sheet.
The General Contractor’s overhead is paid as a fixed percentage on top of its other Chargeable Costs, at the fixed rate shown in the Business Terms Sheet.
If Subcontractor is bonded, the potential change order must include payment and performance bond costs pursuant to the percentage set forth in the Business Terms Sheet.
Some exceptions include full-time students and parents caring for young children.
The amount of credit for deductive Change Orders resulting in a net decrease to the Subcontract Price will be the actual net decrease based on the decrease of the Direct Costs pursuant to one of the pricing methods set forth in Section 6.5 plus a decrease in the profit per the Business Terms Sheet.
If required by the Business Terms Sheet or otherwise required by Contractor through subsequent Change Order prior to Subcontractor mobilizing for construction at the site, Subcontractor will provide payment and performance bonds on forms and with a surety acceptable to Contractor for the full amount of this Subcontract.
As was discussed in the 2020 Massachusetts Small Business Terms Sheet Report, defining and standardizing definitions of “what is a customer” required a substantial effort that was outside the directive of this evaluation.
If bonds are required by the Business Terms Sheet, all costs associated with bond premiums are included in the Subcontract Price.