Contract Price / Contract Value definition
Contract Price / Contract Value means the sum accepted or the sum calculated in accordance with the prices accepted in Bid and/or the Contract rates as payable to the Contractor for the entire execution and full completion of the Work (Price for Supply, Transportation(including loading, unloading and transfer to Site), Insurance including change order.
Contract Price / Contract Value means the sum calculated in accordance with the prices accepted in Bid and / or the Contract rates as payable to the Successful Bidder for the entire execution and full completion of the Work.
Contract Price / Contract Value means the sum accepted or the sum calculated in accordance with the prices accepted in Bid.
More Definitions of Contract Price / Contract Value
Contract Price / Contract Value means the estimated value of the payments that would be made to the Contractor for the duration of the Contract for the supply & services to be provided under the Contract including but not limited to the Mobilisation Charges, Demobilisation Charges, cost of consumables, day rates, monthly rates, standby rates etc as applicable. This Contract Value will be the basis for calculation of Performance Bank Guarantee and other values referred to in the Contract or linked to contract value. The actual Contract Value (based on actual payment) is likely to differ from originally calculated Contract Value, however the originally calculated Contract Value will be the basis for various provisions under this Contract.
Contract Price / Contract Value means the sum accepted or the sum calculated in accordance with the prices accepted in Bid and/or the Contract rates as payable to the Contractor for the entire execution and full completion of the Work (Design, Manufacture, Supply, Distribution, Installation, Commissioning, Warranty of Led Bulbs and other related works at ...................), including change order;
Contract Price / Contract Value means the price obtained by multiplying the quantity mentioned in the Bill of Quantities by the award unit rate.
Contract Price / Contract Value means the sum accepted or the sum calculated in accordance with the prices accepted in Bid and/or the Contract rates as payable to the