Framework Price definition

Framework Price means the price(s) applicable to the provision of the Goods and Services set out in Framework Schedule 3 (Charging Structure);
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Framework Price means the price(s) (exclusive of any applicable VAT) payable to the Supplier by the Authority under this Framework Agreement, as set out in Schedule 3 (Charging Structure), for the full and proper performance by the Supplier of its obligations under this Framework Agreement;
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Framework Price means the price payable to the Supplier as specified in the Framework Agreement, subject to such additions and adjustments thereto or deductions there from, as may be made pursuant to the Framework.
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Examples of Framework Price in a sentence

  • Contractor(s) to deliver further cost savings over the term of the agreement and provide continuous improvement and innovation 100% Confirmation by the Strategic Contract Manager of the cost savings achieved by the dates identified in the Agency Action Plan Over / under delivery against the Framework Price Guarantees.

  • Where Table 1 of Annex 1 indicates that a Framework Price (as applicable) is to be calculated by reference to a Time and Materials pricing mechanism, the day rates set out in Table 1 of Annex 2 shall be used to calculate the relevant Framework Prices, provided that the Supplier (or its Sub-Contractor) shall not be entitled to include any uplift for risks or contingencies within its day rates.

  • Where the Supplier charges or attempts to charge prices that are above the Framework Price under any Call-Off Agreement, the Authority shall be entitled, acting in good faith and acting reasonably at all times, to terminate this Framework Agreement by serving notice In Writing on the Supplier and such notice shall take effect from the date specified in the notice.

  • Where Table 1 of Annex 1 indicates that a Framework Price is to be calculated by reference to a Volume Based pricing mechanism, the relevant Framework Price shall be calculated on the basis of the unit costs set out against that Framework Price in Table 3 of Annex 2.

  • Where the Supplier charges or attempts to charge prices above the Framework Price under any Call-Off Contract, the Authority shall be entitled to terminate this Framework Agreement by serving notice on the Supplier in writing with effect from the date specified in such notice.

  • Time and Materials Where Table 1 of Annex 1 indicates that a Framework Price (as applicable) is to be calculated by reference to a Time and Materials pricing mechanism, the day rates set out in Table 1 of Annex 2 shall be used to calculate the relevant Framework Prices, provided that the Supplier (or its Sub-Contractor) shall not be entitled to include any uplift for risks or contingencies within its day rates.

  • Table 1 of Annex 1 sets out which pricing mechanism shall be used to calculate each Framework Price, which shall be “Time and Materials”, in which case the provisions of Paragraph 3.3 of this Framework Schedule 3 shall apply.

  • Where Table 1 of Annex 1 indicates that a Framework Price is to be calculated by reference to a Fixed Price pricing mechanism, the relevant Framework Price shall be the amount set out against that Framework Price in Table 2 of Annex 2.

  • Where Table 1 of Annex 1 indicates that a Framework Price (as applicable) is to be calculated by reference to a Time and Materials pricing mechanism, the day rates set out in Table 1 of Annex 1 and amendments detailed in Tables 2 to 5 of Annex 1, shall be used to calculate the relevant Framework Prices, provided that the Supplier (or its Sub-Contractor) shall not be entitled to include any uplift for risks or contingencies within its day rates.

  • The Supplier will, at the request of the Authority, supply the Transfer Gas at prices no less advantageous to Prospective Customers than the Previous Framework Price, as notified by the Authority to the Supplier.