Total Price of the Contract Sample Clauses

The 'Total Price of the Contract' clause defines the complete monetary amount that the buyer is obligated to pay the seller for all goods, services, or work specified in the agreement. This clause typically outlines whether the price is fixed or subject to adjustments, and may detail what is included or excluded, such as taxes, shipping, or additional fees. By clearly stating the total financial commitment, this clause ensures both parties have a mutual understanding of the contract's cost, thereby preventing disputes over payment expectations and promoting transparency.
Total Price of the Contract. 3.1. The total price of the contract is ………….. 3.2. The price shall include all the expenses of the Supplier related to complete fulfillment of the obligations, except of custom related charges on the territory of Georgia, following the delivery term DAP Tbilisi International Airport, Georgia (INCOTERMS 2010). 3.3. All the taxes and fees shall be covered by the parties on their respective territories. 3.4. Supplier shall provide insurance for the goods for 100% before delivery to the place of destination.
View SourceView Similar (2)
Total Price of the Contract. 2.1. Total price of the Contract amounts ---------- ( ) GEL. 2.2. Total price of the Contract includes all taxes stipulated by the acting legislation of Georgia
View Source
Total Price of the Contract. (See Annex 1 for details of the products.)
View Source
Total Price of the Contract. 2.1 Total price of the Contract makes up GEL. 2.2 Total price of Contract includes all the payments prescribed by the Legislation in force.
View Source
Total Price of the Contract. The price of the equipment is fixed in EURO and is to be understood CIP Brno (Czech Republic), packaging, marking, insurance and delivery at the temporary storage of the Contracting Authority are included. The Total Price of the contract is 431.938 EURO (four hundred and thirty one thousand nine hundred and thirty eight Euro) exclusive of VAT. The prices are not subject for alterations during the period of execution of the present contract. The Total price is itemized in Annex 2 “Itemisation of Price”.
View Source
Total Price of the Contract. See Annex 1 hereof for the composition of the contract price.
View Source
Total Price of the Contract. 3.1. The total price of the contract is ………….. 3.2. The price of the contract includes all expenses of the Supplier related to the complete fulfillment of obligations defined in the contract in terms of following delivery term INCOTERMS 2010: a) DAP Tbilisi International Airport, restricted area, Office of LTD “Sakaeronavigatsia”; b) DAP Gardabani region, Mountain Kvishiana, point 1100, c) DAP Senaki, object of LTD Sakaeronavigatsia, d) DAP Kutaisi International Airport. The price shall also include charges for Training and FAT, Installation and SAT, except of custom related charges on the territory of Georgia. The state procurement contract may be in foreign currency (Euro or USD), in accordance with official exchange rate against GEL fixed by the National Bank of Georgia on the date of electronic trade. 3.3. All the taxes and fees shall be covered by the parties on their respective territories. 3.4. Supplier shall provide insurance for the goods for 100% before delivery to the place of destination. 3.5. Customs fees will be paid by the Buyer on the territory of Georgia.
View Source

Related to Total Price of the Contract

  • Total Price 36.1.1 The Allottee shall make the payment of the Total Price as per the payment plan set out in Schedule C. The Promoter may from time to time raise demand as per Payment Schedule for payment of installments by issuing notices to the Allottee and the Allottee shall make the payments promptly within the time stipulated in such notices. 36.1.2 Besides the Total Price, the Allottee shall be required to pay certain other amounts as mentioned in the Payment Schedule and in Clause 41(b) herein (“Other Charges and Deposits”) at such times as prescribed in the Payment Schedule or as may be demanded by the Promoter from time to time. 36.1.3 Any change of Payment Plan/Schedule shall normally not be entertained but may be entertained on the discretion of the Promoter on payment of an extra charge of Rs. /-(Rupees …………………………………….. only).

  • THE CONTRACT PRICE A. This Contract is an indefinite-quantity contract for construction work and services. The Estimated Annual Value of this Contract is $2,000,000. This is only an estimate and may increase or decrease at the discretion of Sourcewell. B. The Contractor shall perform any or all Tasks in the Construction Task Catalog for the Unit Price appearing therein multiplied by the following Adjustment Factors:

  • C1 Contract Price In consideration of the Contractor’s performance of its obligations under the Contract, the Authority shall pay the Contract Price in accordance with clause C2 (Payment and VAT).

  • Contract Price The Contractor shall supply the Contractor Deliverables to the Authority at the Contract Price. The Contract Price shall be a Firm Price unless otherwise stated in Schedule 3 (Contract Data Sheet). Subject to clause G2 the Contract Price shall be inclusive of any UK custom and excise or other duty payable. The Contractor shall not make any claim for drawback of UK import duty on any part of the Contract Deliverables supplied which may be for shipment Overseas. D Intellectual Property

  • Contract Price and Payment In consideration of the Contractor's due and proper performance of its obligations under the Contract, the Contractor may charge the Authority or, as the case may be, any Beneficiary the Contract Price in accordance with this Clause 6. The only sums payable by the Authority or any Beneficiary to the Contractor for the provision of the Services shall be the Contract Price. All other costs, charges, fees and expenses of whatever kind arising out of or in connection with the Contract shall be the responsibility of the Contractor. In accordance with the Contract, where the Contractor is required to provide Deliverables, the Authority or any Beneficiary shall be entitled to withhold payment of the Contract Price pending receipt and acceptance of the Deliverables in accordance with the Specification. Unless otherwise agreed in writing by the Authority or any Beneficiary and the Contractor, within 15 days of the end of each calendar month, the Contractor shall invoice the Authority or, as the case may be, any Beneficiary for any Services provided by the Contractor in that calendar month. Such invoice shall be rendered on the Contractor's own invoice form clearly marked with the Authority’s or the Beneficiary's order number (if any). Invoices must show the period to which they relate and the aspects of the Services for which payment is claimed together with the agreed charging rates and any other details the Authority or the Beneficiary may require. Failure to provide such information will entitle the Authority or the Beneficiary to delay payment of the Contract Price until such information is provided. Subject to Clauses 6.3 and 6.6, the Authority or any Beneficiary shall pay any invoice submitted by the Contractor in accordance with Clause 6.4 within 30 days of receipt by the Authority or the Beneficiary of such invoice. The Authority or the Beneficiary shall pay such invoice(s) by BACS (Bank Automated Clearing System) if it so chooses or any alternate means as agreed between the Authority or the Beneficiary and the Contractor. The Authority and any Beneficiary shall be entitled to deduct from any monies due or to become due to the Contractor any monies owing to the Authority or the Beneficiary from the Contractor. Where the performance of the Contractor does not meet the required standard then a deduction as set out in the Specification or as agreed by the Parties may be made. Except where otherwise stated in the Order, the Contract Price is exclusive of VAT which shall be payable, if applicable, by the Authority or any Beneficiary in addition to such Contract Price. The invoice provided to the Authority or any Beneficiary by the Contractor in accordance with Clause 6.4 shall show the VAT calculations separately. The Contractor will keep accurate books and records in relation to the provision of the Services in accordance with sound and prudent financial management. All such books and records shall be made available to the Authority at regular intervals of not less than quarterly. In the event of the Authority or any Beneficiary breaching Clause 6.5, the Contractor shall be entitled to charge interest on the outstanding amount owed by the Authority or such Beneficiary in accordance with the Late Payment of Commercial Debts (Interest) Act 1998. Subject to Clauses 6.12 and 6.13, the Contract Price shall not be subject to any increase whatsoever by the Contractor during the Contract Period. In the event that the Contract is varied under Clauses 22 or 23 in such a way as to affect the Contract Price and if agreement between the Parties cannot be reached on the adjustment to the Contract Price within 3 months both Parties shall jointly act to resolve the dispute in accordance with Clause 24. If the adjusted Contract Price is not so agreed or certified until after such variation has taken effect, the Authority or any Beneficiary shall continue to pay the Contractor at the rate current prior to the variation but shall pay to the Contractor or be entitled to recover from the Contractor as the case may be such sum if any as is equal to the difference between the amount which should have been paid in accordance with the adjusted Contract Price and the amount which was actually paid. In the event that the Contract ends or is terminated otherwise than at the end of a complete year, the sum payable by the Authority or any Beneficiary under Clause 6 shall be one twelfth of the annual sum which would otherwise have been payable for the complete year for each completed month.