Contract Price definition

Contract Price means the price payable to the supplier under the contract for the full and proper performance of his contractual obligations.
Contract Price means the price payable to the Supplier as specified in the Contract Agreement, subject to such additions and adjustments thereto or deductions therefrom, as may be made pursuant to the Contract.

Examples of Contract Price in a sentence

  • Where the FAC is 500,000 Kwh or less Crown Gas & Power shall only adjust the Contract Price where the Customer`s actual consumption is materially more than the MACC and in such cases Crown Gas & Power shall seek only to recover any additional costs and expenses it incurs in delivering the additional quantities.

  • Seller shall be reimbursed the Contract Price for any completed work, the costs incurred for work in progress (including preparatory work) and costs incurred arising out of termination.

  • Any increases in costs to Contractor due to changes in the prevailing rate of wage during the terms of any Contract shall be at the sole expense of Contractor and not at the expense of the Village, and shall not result in an increase to the Contract Price.

  • The aggregate amount of liquidated damages for delay shall be limited to 5% of the Contract Price of the delayed Product(s) and/or the delayed portion of the Services.

  • In addition to the Contract Price specified in the Agreement, the amount of any present or future sales, use, excise or other tax applicable to the sale or use of the Products, the Software or the performance of Services shall be invoiced to and paid by Buyer, unless Buyer provides a tax exemption certificate acceptable to the relevant taxing authorities.


More Definitions of Contract Price

Contract Price means the price payable to the successful/ selected bidder as specified in the Agreement, subject to such additions and adjustments thereto or deductions there from, as may be made pursuant to the Contract.
Contract Price means the sum agreed in the Contract as payable to the Contractor for the execution and completion of the Works and for remedying of any defects therein in accordance with the Contract.
Contract Price means the sum stated in the Letter of Acceptance as payable to the Contractor for the execution and completion of the Works subject to such additions thereto or deductions therefrom as may be made and remedying of any defects therein in accordance with the provisions of the Contract.
Contract Price means the sum named in the Tender subject to such additions thereto or deductions there from as may be made under the provisions hereafter contained.
Contract Price means the sum accepted or the sum calculated in accordance with the price and / or terms accepted by or on behalf of the purchaser.
Contract Price means the price (exclusive of any applicable VAT), payable to the Contractor by the Authority under the Contract, as set out in the Prices & Rates Schedule, for the full and proper performance by the Contractor of its obligations under the Contract but before taking into account the effect of any adjustment of price in accordance with clause C4 (Price Adjustment on Extension of Initial Contract Period).
Contract Price means the sum named in the tender, subject to such addition thereto or deductions there from as may be made under the provisions of the contract;