Common use of Format of the price schedule Clause in Contracts

Format of the price schedule. Entries in the first four columns in the price schedule in section C2.2 are made either by the Purchaser or the tendering supplier. If the Supplier is to be paid an amount for the item which is not adjusted if the quantity of work in the item changes, the tendering supplier enters the amount in the Price column only, the Unit, Quantity and Rate columns being left blank.