Examples of Usage Factor in a sentence
The quantity breakdown shall include all items of work that appear in the Fuel Usage Factor Chart and Estimate of Quantities sheet.
The proposer will not be permitted to change the option after the Price Proposal and the copy of the Fuel Usage Factor Chart and Estimate of Quantities sheet are submitted.
Trade Secret Information submitted on the Fuel Usage Factor Chart and Estimate of Quantities sheet will be considered “Trade Secret” in accordance with the requirements of G.S. 66-152(3) until such time as the Price Proposal is opened.
Only those items of work which are specifically noted in the Fuel Usage Factor Chart will be subject to fuel price adjustments.
If the Design-Build Team elects not to pursue reimbursement for Fuel Price Adjustments, a quantity of zero shall be entered for all quantities in the Fuel Usage Factor Chart and Estimate of Quantities and the declination box shall be checked.
If the Design-Build Team elects not to pursue reimbursement for Fuel Price Adjustments, a quantity of zero shall be entered for all quantities in the Fuel Usage Factor Chart and Estimate of Quantities sheet and the declination box shall be checked.
Only those items of work which are specifically noted in the Fuel Usage Factor Chart and Estimate of Quantities sheet will be subject to fuel price adjustments.
Failure to submit the completed Fuel Usage Factor Chart and Estimate of Quantities sheet separately and in the Price Proposal will result in the Technical and Price Proposal being considered irregular by the Department and the Technical and Price Proposal may be rejected.
Q will be determined by the Engineer for each category by multiplying the applicable Fuel Usage Factor by the sum of quantities of completed and accepted work for the specified items.
For a Price Increase: Fpa = [(Mbp/Cbp) – 1.10] x Cbp x Q For a Price Decrease: Fpa = [(Mbp/Cbp) – 0.90] x Cbp x Q Where:Fpa = Fuel Price Adjustment Mbp = Monthly Base Price Cbp = Contract Base PriceQ = The number of gallons of fuel used in the placement of items identified in Table A-1 during that month at the specified Fuel Usage Factor.