PRICE BASIS definition
Examples of PRICE BASIS in a sentence
TIME TO COMPLETE ANY WORK DONE ON A UNIT PRICE BASIS FOR QUANTITIES WITHIN THE BASE BID ALLOWANCE AMOUNT IS INCLUDED IN THE BASE BID.
ON A UNIT PRICE BASIS SHALL BE QUANTIFIED BY THE DESIGNER OR AN INDEPENDENT THIRD PARTY AND SHALL BE COMPLETED AT AN ALL INCLUSIVE RATE ESTABLISHED IN THE BID PROPOSAL, UNLESS A MUTUALLY AGREED UPON PRICE IS ESTABLISHED BY THE OWNER AND CM.
IF THE CHANGE IN OR ADDITION TO THE WORK WILL RESULT IN AN INCREASE IN THE GUARANTEED MAXIMUM PRICE, THE OWNER SHALL HAVE THE RIGHT TO REQUIRE THE PERFORMANCE THEREOF ON A LUMP SUM BASIS, A UNIT PRICE BASIS OR A TIME AND MATERIAL BASIS, ALL AS HEREINAFTER MORE PARTICULARLY DESCRIBED (THE RIGHT OF THE OWNER AS AFORESAID SHALL APPLY WITH RESPECT TO EACH SUCH CHANGE IN THE WORK).
PRICE BASIS 3.1 Bidders shall take into account that the South African Post Office Limited’s total requirements may not be allocated to only one Bidder.
CHANGES IN THE WORK ON A NEGOTIATED FIXED PRICE OR NEGOTIATED UNIT PRICE BASIS 112 3.