PERCENTAGE NOT A COEFFICIENT Clause Samples

The 'Percentage Not a Coefficient' clause clarifies that any percentage values referenced in the agreement are to be interpreted as percentages, not as decimal coefficients. In practice, this means that if a contract refers to '10%', it should be understood as ten percent, not as the number 0.10 or as a multiplier. This clause ensures that all parties interpret numerical values consistently, preventing misunderstandings or calculation errors that could arise from confusing percentages with their decimal equivalents.
PERCENTAGE NOT A COEFFICIENT. What is your proposed Markup Percentage on materials not found in the RS Means Price Book? (FAILURE TO RESPOND PROHIBITS PART 2 JOC EVALUATION)
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