Examples of Guaranteed Price in a sentence
The Parties further agree that the Guaranteed Price will only be adjusted where the Project Agreement specifically and expressly refers to an adjustment to the Guaranteed Price, and no claim for an adjustment to the Guaranteed Price on any legal or equitable basis outside of the specific and express rights to an adjustment of the Guaranteed Price set out in the Project Agreement will be allowed.
Any costs incurred by Project Co in complying with said instructions shall be part of the Guaranteed Price.
In order to be effective, any permitted adjustment to the Guaranteed Price must be provided for in a Variation Confirmation under Schedule 22 – Variation Procedure.
Therefore, if the project entered into a Stipulated Sum Contract or a Maximum Guaranteed Price, a Cost Certification does not need to be prepared by the general contractor.
On the social and labour front, European trends show that pre-crisis levels of wellbeing are not in reach, […] improvements in living standards have stalled […].