Contract by contract basis definition

Contract by contract basis means a single contract within a specific class of contracts.
Sample 1Sample 2Sample 3

Examples of Contract by contract basis in a sentence

  • Contract by contract basis" means a single contract within a specific class of contracts.

  • The standard accounting practice for long-term contracts is as follows: Contract by contract basis should be used for the assessment of long-term contracts; this is also seen in “profit and loss accounts”, because turnover and related costs are recorded to reflect the progress of contract activity.

Related to Contract by contract basis

  • The Contract Price means the price payable to the Supplier under the Contract for the full and proper performance of its contractual obligations.

  • Total Contract Price means the total set out in "Tender Document Form: Contract Prices".

  • The Contract Value means the amount payable to the Bidder under the contract for the full and proper performance of its contractual obligations.

  • Contract Price means the price payable to the supplier under the contract for the full and proper performance of his contractual obligations.

  • Non Contract Player means any Player (other than a Player on a Scholarship) who is eligible to play for a Club but has not entered into a written contract of employment.

  • Contract Player means any Player (other than a Player on a Scholarship) who is eligible to play under a written contract of employment with a Club.

  • Contract Cost means the Contract Sum plus Price Variation. This cost shall be included in the letter of acceptance.

  • Total Contract Value means contract value plus statutory dues like GST etc. and any other amount payable under contract.

  • CFD Contract or "CFD" shall mean a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • Approved Contractor means an “Approved Contractor” specified in the Key Details.