Price Item definition

Price Item is any attribute combination that requires a price.
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Price Item means a component of the Baseline Project Schedule and Schedule of Values for which the Contractor provides a Price Item Value for all Work included in that item. A Price Item may be a major contract item or series of interrelated items.
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Price Item. (PI) means a component of the Schedule of Prices for which the Core Systems Contractor provides a Price Item Value (PIV) for all Work included in that item. A PI may be a major contract item or series of interrelated items as identified in the Pricing Information. This term also applies to the Schedule of Milestones that serves as a basis of payment and which is provided prior to Contract Execution. Items on the Schedule of Milestones are also referred to as PI and contain a PIV.
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Examples of Price Item in a sentence

  • The activity schedule and schedule of values shall include each Unit Price Item as a separate and distinct item.

  • Each prospective Bidder shall, before submitting its Bidder's Proposal, make its own estimate of the quantities of Unit Price Items required to complete the Work and shall determine its Price Proposal for each Unit Price Item in light of its own estimate.

  • The payment for a Stipulated Price Item shall be made by the County to the Contractor at the related unit price specified in the ‘Stipulated Price Items’ section of the Bid Form on the same basis as the payment for any other regular Bid Item.

  • The activity schedule and schedule of values shall include each Unit Price Item as a separate and distinct allowance item.

  • All the sums set out in the Bill of Quantities which shall be started to be provisional or for contingencies shall be used only at the direction and discretion of the Engineer and if not used either wholly or in part shall as to the amount not used be deducted from the Contract Price Item not monied 50.

  • For each item that Foreign Products are contemplated, the appropriate "Item Numbers", "Approximate Quantities", "Description of Items", "Unit Price or Lump Sum Price", "Item Amount Domestic" and "Item Amount Foreign" shall be tabulated below as specified in the initial bid.

  • The IPv4 address of the Teredo server selected by a particular client.

  • The payment for a Stipulated Price Item shall be made by the County to the Contractor at the related Unit Price specified in the ‘Stipulated Price Items’ section of the Bid Form on the same basis as the payment for any other regular Bid Item.

  • Construction Material Unit of Measure Quantity Price($)* Item 1 Foreign Construction Material [ ] [ ] [ ] Domestic Construction Material [ ] [ ] [ ] Item 2 Foreign Construction Material [ ] [ ] [ ] Domestic Construction Material [ ] [ ] [ ] (List name, address, phone number, and contact for supplier surveyed.

  • If there is a need to change the amount of work for a Unit Price Item, the schedule of Unit Prices will be the contractual basis for establishing the associated cost impact.


More Definitions of Price Item

Price Item means the Product Selling Price Price Item and the Delivery Costs Price Item referred to in the Calculation Table set out in Part 4. The Adjustment is made effective at 1 January and 1 July each year for each Timber Type set out in Schedule One; and • takes into account the percentage change for each of the Indicators between the date of Base Indicator and date of Current Indicator; and • is calculated as the sum total of the Weighted Movements in Indicator Index for each Indicator (i).
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Related to Price Item

  • Contract Price means the price payable to the supplier under the contract for the full and proper performance of his contractual obligations.

  • Contract Item or “Contract Items” means the list of items identified in Section

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • The Contract Price means the price payable to the Supplier under the Contract for the full and proper performance of its contractual obligations.

  • Total Contract Price means the total set out in "Tender Document Form: Contract Prices".

  • The Contract Price/ Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.

  • Unit Price Work means the Work, or a portion of the Work, paid for based on incremental units of measurement.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • The Contract Price/Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.

  • Original contract price means the award price of the contract; or, for requirements contracts, the price payable for the estimated total quantity; or, for indefinite-quantity contracts, the price payable for the specified minimum quantity. Original contract price does not include the price of any options, except those options exercised at the time of contract award.

  • Punchlist Items means any items necessary at the time of the issuance of a temporary certificate of occupancy to complete fully the renovation of the Project Facilities in accordance with the Plans and Specifications for the Project Facilities, or required for the issuance of a final certificate of occupancy or its equivalent.

  • Punch List Items means such items (i) as are reasonably necessary or appropriate to fully complete the construction, equipping and furnishing of the Hotel in accordance with this Contract and (ii) that, unless otherwise agreed by Buyer in its sole discretion, (a) individually and in the aggregate do not and will not prohibit, cause a delay in or otherwise adversely affect, under applicable Legal Requirements, the Franchise Agreement or otherwise, the opening of the Hotel for business to the public or the continued occupancy and operation of the Hotel as contemplated under the Brand and (b) may be corrected or completed, subject to delays caused by Force Majeure, within not more than sixty (60) days.

  • Contract Purchase Price means the amount actually paid or allocated in respect of the purchase, development, construction or improvement of a Property or the amount of funds advanced with respect to a Mortgage, or the amount actually paid or allocated in respect of the purchase of other Assets, in each case exclusive of Acquisition Fees and Acquisition Expenses, but in each case including any indebtedness assumed or incurred in respect of such Property.

  • Price Adjustment means any and all price reductions, offsets, discounts, rebates, adjustments, and or refunds which accrue to or are factored into the final net cost to the hospital outpatient department or ambulatory surgical center.

  • Purchase Price Allocation has the meaning set forth in Section 2.6(a).

  • Contract Amount means:

  • final consumer means the ultimate consumer of a foodstuff who will not use the food as part of any food business operation or activity.

  • Line Item means a field of information (or a combination of fields of information) to be entered in a Settlement Schedule by any Participating Subscriber in relation to a Conveyancing Transaction.

  • Cost price means the actual cost of an item or article of tangible personal property computed in the

  • Purchase Price Adjustment has the meaning set forth in Section 2.6.

  • Quantity means either tonnage or volume, depending on which term is the standard in the mining industry for the type of mineral;

  • Contract for Differences (“CFD”) shall mean a contract, which is a contract for differences by reference to variations in the price of an Underlying Asset.

  • Raw Material means any unprocessed material in its raw or natural state that is intended to become part of the components of a cannabis product.

  • Purchase Price Allocation Schedule has the meaning given to it in Section 2.7(a).

  • Contract Price(s) means the price(s) tendered by the contractor and accepted by the Council for the execution of the contract.

  • Captured assessed value means the amount in any 1 year by which the current assessed value of the development area, including the assessed value of property for which specific local taxes are paid in lieu of property taxes as determined in subdivision (w), exceeds the initial assessed value. The state tax commission shall prescribe the method for calculating captured assessed value.