Price Item definition

Price Item is any attribute combination that requires a price.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Price Item means a component of the Baseline Project Schedule and Schedule of Prices 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.

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.

Examples of Price Item in a sentence

• Unit Article and Description Unit Price (AB) Unit Price (AC) Unit Price (AE) Unit Price Item Approx.

• Unit Article and Description Unit Price (AA) Unit Price (AC) Unit Price (AE) Unit Price Item Approx.

• Unit Article and Description Unit Price (AA) Unit Price (AE) Unit Price Unit Price Item Approx.

• Unit Article and Description Unit Price (AB) Unit Price (AE) Unit Price Unit Price Item Approx.

• Nortel reserves the right: (1) to discontinue offering any Standard Price Item; (2) to add any Standard Price Item; (3) to institute, raise or lower price for any Standard Price Item; and (4) to announce and/or change the terms and conditions upon which Standard Price Items are offered.

• A Standard Price Item is not eligible for Distributor Discount or Other Discount.

• If requested by Distributor, Nortel will ship by air or other available means, but reserves the right to assess and invoice additional handling charges for non-standard shipment methods; such additional handling charges shall be a Standard Price Item and will be listed in the Product Catalog or Product Reference Guide or quoted to Distributor in advance of shipment.

• Each item and type of support, except provision of a Product or Product Catalog, is considered a Standard Price Item.

• Yes (Yes) Truck Driver Enter the Labor Rate for "Hour" UOM: HOUR Price: Item Notes: Total: LABOR RATES: Amount that the contractor will bill the owner for services provided.

• 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.

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).