Measurement and Basis of Payment Sample Clauses

The "Measurement and Basis of Payment" clause defines how the quantities of work performed will be measured and establishes the method for determining the amount the contractor will be paid. Typically, this clause outlines the units of measurement (such as linear feet, square meters, or lump sum) and specifies the procedures for verifying completed work, including any required documentation or inspections. Its core practical function is to ensure transparency and fairness in the payment process by providing clear standards for quantifying work and calculating compensation, thereby reducing disputes over payment amounts.
Measurement and Basis of Payment. The quantity of the item which constitute the completed and the accepted structure will be measured for payment according to the provisions of the contract and in terms of the unit provided therein. Only accepted work shall be measured for payment and the computations of the quantities thereof will be based on the dimensions shown on the plans or ordered in writing by the Superintending Engineer. The quantity measured will be paid for at the contract unit price. The contract unit price shall be payment in full furnishing all materials, labour, equipment, scaffolding materials, tools and incidentals necessary to complete the work as specified.
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Measurement and Basis of Payment. Payment shall be based under this item for and at the unit price bid per linear metre for curb and per square metre face for curb/wall, as measured in place. This payment shall include the supply of all labour, materials and equipment to complete the work, including excavation and backfilling vertical faces.
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Measurement and Basis of Payment. Payment shall be based under this item for and at the unit price bid per square metre for the installation of sidewalks. This payment shall include the supply of all labour, material and equipment to complete the work to the satisfaction of the City.
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Measurement and Basis of Payment. Measurement and basis of payment shall be made at the unit price bid per square metre of Granular "A" placed in grading and shaping the roadway and driveways in preparation for asphalt pavement, and shall be payment in full for the supply of material, labour, equipment and water to complete the work in accordance to grade and cross-section, as directed.
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Related to Measurement and Basis of Payment

  • Basis of Payment The basis of payment is identified in Attachment E, Fee Schedule. Reimbursement of costs incurred under a work authorization shall be in accordance with Attachment E, Fee Schedule.

  • Basis of Computation Interest accrued hereunder shall be computed for the actual number of days elapsed on the basis of a 360-day year.

  • Measurement and Payment Temporary traffic control work, including, but not limited to installation and removal of portable signs, cones, drums, skinny drums, flaggers, AFAD’s, changeable message boards, truck mounted attenuators, flashing arrow boards, and pilot vehicles will be paid at the contract lump sum price for

  • Methods of Payment Distributions from the Director's Deferral Accounts shall be paid in cash in a single sum unless the Participant elects, at the time a Payment Date is selected pursuant to paragraph 4.1(a) or 4.1(b), to receive the amount payable in generally equal quarterly installments over a period not to exceed ten (10) years. In addition, at least one year before the Payment Date, a Director may change the method of payment previously selected.

  • Basis of Bargain The Limited Warranty and Disclaimer and Limited Liability set forth above are fundamental elements of the basis of the agreement between PremiumSoft and you. PremiumSoft would not be able to provide the Software on an economic basis without such limitations. Such Limited Warranty and Disclaimer and Limited Liability inure to the benefit of PremiumSoft's licensors.