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Coefficient definition

Coefficient means a number that represents the quantified relationship of each variable to the assessed value of a property when derived through a mass appraisal process
Coefficient means the contractor’s price adjustment to the unit price in a job order contract. Several coefficients may apply to the unit price book.
Coefficient means the job order contractor's competitively bid numerical factor applied to the public body's prices as published in the unit price book.

Examples of Coefficient in a sentence

  • The most common After-Hours RS Means Coefficient is "time-and-a-half" of the standard RS Means Unit Price Book.

  • For example, if Vendor's Regular Hours Coefficient above is .95, Vendor would assert an After-Hours RS Means Coefficient of 1.45 for "time-and-a-half" pricing.

  • To propose the RS Means Price Book pricing exactly, Vendor would insert a 1.0 as their Regular Hours RS Means Coefficient below, to propose a 5% discount off of the RS Means Price Book Vendor would insert a .95 as their Regular Hours RS Means Coefficient below.


More Definitions of Coefficient

Coefficient means the job order contractor’s competitively bid numerical factor applied to the public body’s prices as published in the unit price book.
Coefficient indicates the amount of trading activity in your account compared to the Manager’s account. When Safety Mode is enabled, the coefficient in your Investment Account cannot exceed a factor of 0.5 and therefore you will adopt approximately half the trading activity compared to the Manager’s account and subsequently half the risks and profits.
Coefficient means, for each Class of the Series 2013-VF1 Notes, 0.08%.
Coefficient means the job order contractor's competitively
Coefficient has the meaning assigned to such term in the Pricing Side Letter.
Coefficient means the job order contractor's
Coefficient means, for each Class of the Series 2014-VF2 Notes, 0.08%.