Fixed Market Indicator Adjustor definition

Fixed Market Indicator Adjustor means that value (negative or positive, but usually negative) per tonne tendered for a Recyclable Material Category, which is added to the Market Indicator value in a given month to determine the price paid per tonne to the City for that particular Recyclable Material Category. The Fixed Market Indicator Adjustor value shall remain unchanged for the duration of the Contract, except for the required escalation as set forth in Section GC 27.0 or unless adjusted by the City Engineer as set forth in Section SW.7;
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Fixed Market Indicator Adjustor means that value (negative or positive, but usually negative) per tonne proposed for a Recyclable Material Category, which is added to the Market Indicator value in a given month to determine the price paid per tonne to the City for that particular Recyclable Material Category. The Fixed Market Indicator Adjustor value shall remain unchanged for the duration of the Contract;
Sample 1
Fixed Market Indicator Adjustor means that value (negative or positive, but usually negative) per tonne proposed for Ferrous Metals, which is added to the Market Indicator value in a given month to determine the price paid per tonne to the City for Ferrous Metals. The Fixed Market Indicator Adjustor value shall remain unchanged for the duration of the Supply Agreement, unless adjusted by the City Engineer as set forth in Section 8.0;
Sample 1

Examples of Fixed Market Indicator Adjustor in a sentence

  • The Form of Tender is structured such that the Calculated Unit Values for Ferrous Metals, Aluminium, ONP, OMG, MPP, and OCC, are tied, using Fixed Market Indicator Adjustor values tendered by the Contractor, to specified monthly Market Indicator values, so that the Calculated Unit Values fluctuate from month-to-month in response to market fluctuations.

  • This is a unit price Contract and payment will be based on the Fixed Unit Values tendered (where applicable), the Fixed Market Indicator Adjustor values tendered (where applicable), the specified Market Indicator values, which fluctuate monthly, the actual quantities of materials received and processed as determined by the City Engineer pursuant to the Contract, and the Container Rental fees (where applicable) and Container Service fees (where applicable).

  • The quantities set forth in Schedule A – Schedule of Approximate Quantities, the Fixed Unit Values, the Fixed Market Indicator Adjustor values, and the Market Indicator values set forth in the Schedule of Payment Matrices in Schedules B1 to B12, will be used to calculate the annual Tender values, solely for the purpose of Tender evaluation, as set forth in Section 18 (Tender Evaluation) of this Part B.

  • The Fixed Market Indicator Adjustor values shall remain unchanged for the duration of the Contract, except for the required escalation set forth in GC 27.0 or unless adjusted by the City Engineer as set forth in SW.7.

  • A Fixed Unit Value, where applicable, or a Market Indicator and a Fixed Market Indicator Adjustor value, where applicable, will be included in the negotiation.

  • The Fixed Market Indicator Adjustor value shall remain unchanged for the duration of the Contract except for the required escalation as set forth in Section GC 27.0 or unless adjusted by the City Engineer as set forth in Section SW.7. SW.7 Market Indicator Values The Market Indicator value for Ferrous Metals is determined monthly and is the value for the American Metal Market indicator, as defined in Section SW.1 of this Contract.

  • The City’s determination of the replacement Market Indicator(s) and the adjustment(s) to the Fixed Market Indicator Adjustor value(s) shall be final and binding.

  • The Fixed Market Indicator Adjustor value shall be adjusted by the City to reflect the difference, if any, between the original Market Indicator value for the last month for which it was used, and the replacement Market Indicator value for that month.

  • A Fixed Unit Value, where applicable, or a Market Indicator and a Fixed Market Indicator Adjustor value, where applicable, will be included in the negotiation.7.0 Inspection of Work 7.1 The City Engineer shall at all times have access to any facilities (such as the Receiving Facility or Recycling Plant(s)) used by the Contractor or his subcontractor(s) to fulfil the obligations of this Contract.

Related to Fixed Market Indicator Adjustor

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