Estimates of Quantities Clause Samples

The "Estimates of Quantities" clause defines that any quantities listed in a contract are approximate and provided for bidding or planning purposes only. In practice, this means that the actual amount of work or materials required may differ from the initial estimates, and contractors should not rely on these numbers as guaranteed quantities. This clause helps manage expectations and allocates the risk of quantity variations, ensuring that adjustments can be made if actual needs differ from the estimates provided.
Estimates of Quantities. The Contractor is advised that quantities referenced herein are estimates only and that actual quantities may vary widely from estimates given herein. Estimates given are based on previous experience and not on completed surveys. The Commissioner reserves the right to increase or decrease the quantities estimated herein. Actual quantities may be more or less, than that noted on the bid schedule and if so, no claims for damage or loss of profit shall accrue to the Contractor by reason thereof.
Estimates of Quantities. The Contractor is advised that quantities referenced herein are estimates only and that actual quantities may vary widely from estimates given herein. Estimates given are based on previous experience and not on completed surveys. The Commissioner reserves the right to increase or decrease the quantities estimated herein by any amount up to 50% of the total Bid Quantity. Actual quantities may be more or less than that noted on the bid schedule, and, if so, no claims for damage or loss of profit shall accrue to the Contractor by reason thereof.
Estimates of Quantities. For the estimate of quantities of Work listed in the Proposal Pages, it is understood that: (1) the estimate is approximate only; (2) SCC does not expressly or by implication represent or warrant the actual quantities involved will correspond to the estimate; (3) Contractor must estimate his own quantities; and (4) This Proposal is a Lump Sum Contract.
Estimates of Quantities. If the scope of services requires Consultant to estimate quantities, such estimates are made on the basis of Consultant’s experience and qualifications and represent Consultant’s best judgment as a professional. However, such estimates are only estimates and shall not constitute representations, warranties or guarantees of the quantities of the subject of the estimate.
Estimates of Quantities. For the estimate of quantities of Work listed in Exhibit B, it is understood that: (1) the estimate is approximate only; (2) SCC does not expressly or by implication represent or warrant the actual quantities involved will correspond to the estimate; (3) Contractor must estimate his own quantities; and (4) this is a Unit Price Contract, not to exceed the Contract Sum.
Estimates of Quantities. Estimates of quantities provided under this Agreement are not intended to be, nor should they be considered to be, precise. The estimate will be performed pursuant to generally accepted standards of professional practice in effect at the time of performance.

Related to Estimates of Quantities

  • ESTIMATED QUANTITIES 1.1 The quantities set forth in the line items and specification document are approximate and represent the estimated requirements for the contract period. 1.2 Items listed may or may not be an inclusive requirements for this category. 1.3 Category items not listed, but distributed by bidder are to be referred to as kindred items. Kindred items shall receive the same percentage of discount or pricing structure as items listed in the specification document. 1.4 The unit prices and the extended total prices shall be used as a basis for the evaluation of bids. The actual quantity of materials necessary may be more or less than the estimates listed in the specification document, but the City/County shall be neither obligated nor limited to any specified amount. If possible, the Owners will restrict increases/decreases to 20% of the estimated quantities listed in the specification document.

  • Quantities The estimated quantities provided by the City are not guaranteed. These quantities are listed for informational purposes only. Quantities vary depending on the demands of the City. Any variations from the estimated quantities shall not entitle the bidder to an adjustment in the unit price or any additional compensation.

  • ESTIMATED / SPECIFIC QUANTITY CONTRACTS Estimated quantity contracts, also referred to as indefinite delivery / indefinite quantity contracts, are expressly agreed and understood to be made for only the quantities, if any, actually ordered during the Contract term. No guarantee of any quantity is implied or given. With respect to any specific quantity stated in the contract, the Commissioner reserves the right after award to order up to 20% more or less (rounded to the next highest whole number) than the specific quantities called for in the Contract. Notwithstanding the foregoing, the Commissioner may purchase greater or lesser percentages of Contract quantities should the Commissioner and Contractor so agree. Such agreement may include an equitable price adjustment.

  • Contract Quantity The Contract Quantity during each Contract Year is the amount set forth in the applicable Contract Year in Section D of the Cover Sheet (“Delivery Term Contract Quantity Schedule”), which amount is inclusive of outages.

  • Quantity If Seller delivers more than the quantity of Goods ordered, Buyer may reject all or any excess Goods. Any such rejected Goods shall be returned to Seller at Seller's risk and expense. If Buyer does not reject the Goods and instead accepts the delivery of Goods at the increased or reduced quantity, the Price for the Goods shall be adjusted on a pro-rata basis.