Schedule of Rates definition

Schedule of Rates means the priced Schedule of Rates forming part of the tender [where applicable].

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Schedule of Rates means any schedule included in the Contract which, in respect of any section or item of the Services to be carried out, shows the respective Unit Rate of payment for performance of that Service.

Schedule of Rates means any schedule included in the Contract which, in respect of any section or item of work to be carried out, shows the respective unit rate of payment for execution of that work and which may also include lump sums, provisional sums other sums, quantities and prices.

Examples of Schedule of Rates in a sentence

• The specific rates and costs applicable to this Agreement are set forth in Exhibit B – Schedule of Rates, which is attached hereto and incorporated herein by reference as if set forth in full.

• The specific rates and costs applicable to this Agreement are set forth in Exhibit A – Description of Goods and/or Services and Schedule of Rates, which is attached hereto and incorporated herein by reference.

• If there is no applicable rate in the Schedule of Rates the work shall be paid for at such rates as is deemed reasonable by the Principal.

• TranSystems will revise the Schedule of Rates annually and will submit the revised Schedule of Rates which shall automatically become effective with regard to this Agreement and the Services performed under this Agreement on January 1st of the next calendar year.

• Any alteration to a unit rate or amount made by the Bidder to correct clerical errors entered by him in the Schedule of Prices and Schedule of Rates during the preparation of the tender must be initialed by the person authorized to sign the Tender prior to the submission of tender.

More Definitions of Schedule of Rates

Schedule of Rates means any schedule included in the Contract which, in respect of any section or item of the Services to be carried out, shows the respective rate (Fee) of payment for performance of that service and which may also include lump sums, other sums, quantities and prices.

Schedule of Rates means the schedule of rates as annexed to the contract agreement or as amended thereafter in the manner provided for in the contract.

Schedule of Rates referred to in this condition shall mean the standard schedule of rates prescribed by the company and the amendments issued from time to time .

Schedule of Rates. / “SOR” means the ‘Schedule of Rates’ or ‘Price Schedule’ annexed to the ‘Letter of Award of Contract’ (“LOA”) specifying the agreed prices payable to Contractor for its various Services.

Schedule of Rates or “Price Schedule” shall mean the Schedule of Rates or Price Schedule annexed to the Acceptance of Tender, and shall also include a lump sum price.

Schedule of Rates means the schedule of rates issued by the government and as in force on the date of receipt of the tender;

Schedule of Rates means any schedule included in the Contract, which shows the respective unit rate of payment for supply of the Goods.