Project Price Clause Samples
The Project Price clause defines the total monetary amount agreed upon for the completion of a specific project. It typically outlines whether the price is fixed, subject to adjustments, or based on measurable units of work, and may specify payment schedules or milestones tied to project progress. This clause ensures both parties have a clear understanding of the financial terms, helping to prevent disputes over payment and scope by establishing upfront the cost expectations for the project.
Project Price. 1.1 The maximum the Contractor shall be paid on this Agreement is $ (hereafter the “not to exceed” amount). The “not to exceed” amount includes all payments to be made pursuant to this Agreement, including City approved reimbursable expenses, if any. Nothing in this Agreement requires the City to pay for work that does not meet the Standard of Performance identified in Exhibit D section 4 or other requirements of this Agreement. SAMPLE
Project Price. Project Price shall mean the Construction Manager’s Fee, plus the Direct Cost Items.
Project Price. Schedules 2.2, 1.4 and 9.2b and the Change Requests for each Sub-Project will specify the prices ("Project Prices"), reimbursable expense categories and payment schedules and the member(s) of the LLC Group who must make the corresponding payments to DBS. The members of the LLC Group will only reimburse DBS for those categories of expenses identified in the Schedule and Change Requests and only to the extent the expenses are reasonable and documented. LLC, at its free discretion, can notify DBS that DBS must obtain the approval of only one LLC Program Manager before incurring an LLC expense above a specified limit unless agreed otherwise in a Change Request. Only the Project Manager representing the Eurex Entities is required to give his approval with respect to expenses to be paid by the Eurex Entities.
Project Price. Schedules 2.2.1 and 2.2.2 and the Change Requests for each Sub-Project will specify the prices ("Project Prices"), reimbursable expense categories and payment schedules. The Development Parties will only reimburse DBS for those categories of expenses identified in the Schedules and Change Requests and only to the extent the expenses are reasonable and documented. LLC, at its free discretion, can notify DBS that DBS must obtain the approval of only one LLC Program Manager before incurring an expense above a specified limit unless agreed otherwise in a Change Request.
Project Price. Unless expressly agreed otherwise in writing, DBS will invoice all work on a time and materials basis. However, DBS will provide LLC an estimate of the anticipated costs for completing work under a SIR (and, if appropriate, updates of the estimate) as soon as reasonably possible. SCHEDULE 3.5 Project Managers and Substitutes --------------------------------------------------------------------------------------- LLC DBS ---------------------------------------------------------------------------------------------------------------------- Program Manager ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇ ---------------------------------------------------------------------------------------------------------------------- Substitute ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ----------------------------------------------------------------------------------------------------------------------
Project Price. 1.1 The maximum the Contractor shall be paid on this Agreement is $599,786 (hereafter the “not to exceed” amount). The “not to exceed” amount includes all payments to be made pursuant to this Agreement, including City approved reimbursable expenses, if any. Nothing in this Agreement requires the City to pay for work that does not meet the Standard of Performance identified in Exhibit D section 4 or other requirements of this Agreement.
1.2 The Contractor shall be entitled to receive payments for its work performed pursuant to the Agreement. The City will pay Contractor based on invoices for acceptable work performed and approved until the “not to exceed” amount is reached. Thereafter, Contractor must complete services based on the Agreement without additional compensation unless there is a material change to the Statement of Work and Scope by a written Amendment.
1.3 If work is completed before the “not to exceed” amount is reached, the Contractor’s compensation will be based on the Contractor’s invoices previously submitted for acceptable work performed and approved.
Project Price. Upon the Customer’s request, ▇▇▇▇▇ may provide an individual quotation differing from both the Price List and the Seasonal Prices for the given project of the Customer (hereinafter: “Project Price”), which may only be applied to the Order of the Products required for the given project. Following the agreement on the Project Price, the sale of the Products at the Project Price shall be performed in the same manner as the sale of Price List Products and Seasonal Price Products.
Project Price. The prices for asbestos abatement work, which is the clearance, removal and disposal of the hazardous materials as prescribed herein and defined below: Material Measurement Price ACM Tape If ≤30 SF $300.00 31-40 SF $400.00 41-50 SF $500.00 51 – 100 SF $750.00 Air Cell TSI If ≤ 20 LF $200.00 21-30 LF $250.00 > 31 LF $8.00/LF Glazing Abatement Per Window $35.00 Per Board-Up $25.00 The pricing for the work to be undertaken on each project site will be provided in the in the Notice(s) to Proceed .
Project Price. The Project Price is inclusive of the price for the necessary materials for the Project and the EPC services. Based on the Project Price of RMB340 million and the designed power generation capacity of 40MW of the Power Plant, the construction price of each watt of power generation capacity is RMB8.5.
Project Price. Subject to the terms and conditions of this Agreement, PRI shall pay the price for completion of a Project listed on the Statement of Work for such Project (the "Project Price"). Shinsung shall bear all other costs and expenses incurred in Korea by Shinsung in completing the Project, and shall bear all foreign, federal, state, municipal and other governmental excise, value added, sales, use and other taxes, fees, levies, duties and charges of any nature now in force or enacted in the future, including, without limitation, export or import duties, assessed upon or in connection with the Project or otherwise arising in connection with this Agreement.