Unit Price definition

Unit Price means an amount stated in the Bid for which Bidder offers to perform the Unit Price Work for a fixed price per unit of measurement.
Unit Price means an amount stated in the Bid as a price per unit of measurement for materials or services as described in the Bidding Documents or in the proposed contract documents.
Unit Price means an amount stated in the Proposal as a price per unit of measurement for materials or services as described in the Proposal Documents or in the proposed contract documents. Unit prices shall apply to change orders.

Examples of Unit Price in a sentence

  • Price of a specific Job Order Contract proposal to a TIPS Member shall not change within 60 days of date of proposal as a result of an updated RS Means Unit Price Book unless agreed by the TIPS Member.

  • However, the Vendor shall honor previous prices for thirty (30) days after written notification to TIPS of an increase, except any price changes related to the, then current, RS Means Unit Price Book is valid.

  • A number of Share Termination Delivery Units, as calculated by the Calculation Agent, equal to the Payment Obligation divided by the Share Termination Unit Price.

  • If the terms of the solicitation referenced RS Means Unit Price Book occur, the RS Means Book shall control if it determines the legality of the solicitation award as it relates to the requisite Means Unit Price Book.

  • EXAMPLE: You need special materials that are not in the RS Means Unit Price Book for a project.


More Definitions of Unit Price

Unit Price means an amount stated in the Bid as a price per unit of measurement for materials, equipment or services or a portion of the Work as described in the Bidding Documents.
Unit Price means the value per Unit calculated in Rupees as follows:
Unit Price means the unit price for an item of Unit Price Work set out in the Pricing Form.
Unit Price. ’ means a price for any goods or services expressed in relation to a well-known measure such as quantity, weight, volume, duration or other measurable unit by which the goods or services are allocated;
Unit Price means the total amount to be paid to the Contractor for Unit Price Work, by application of the Unit Price to an estimated quantity of services to be performed under each item, irrespective of whether such amount is derived from separate labor and Material components or combined in a single sum. Unless otherwise specified, each Unit Price shall be deemed to include, without limitation, any and all direct or indirect costs incurred by the Contractor and any and all elements of overhead and profit as well as any and all direct and indirect costs of the Contractor including, but not limited to: including the cost of all insurance and bonds of any kind or nature whatsoever that the Contractor must carry pursuant to the Contract, as well as all Payroll Taxes or other statutory, or contractual costs or expenses that the Contractor must pay on behalf of its employees. The Unit Price shall also include Contractor’s costs or expenses for tools, Small Tools, equipment and accessories, whether owned or rented, scaffolding, travel, transportation, and mobilization. Unless otherwise specified, the Unit Price shall further be deemed to include any costs, expenses, overhead or profit if the Contractor subcontracts all or any part of the Work.
Unit Price means the cost per specified unit of measurement of work and/or material.
Unit Price means the unit cost of a defined unit of measure of a commodity or service.