Common use of Unit Price Contract Clause in Contracts

Unit Price Contract. Unit Price Contract refers to the construction contract in which the parties agree to calculate, adjust and confirm the Contract Price with the Bill of Quantities and the comprehensive unit price. The unit contract price shall not be adjusted within the agreed scope. The parties shall specify in the Special Terms of the Contract the risk scope and the calculation method of risk costs involved in the comprehensive unit price, and agree on the adjustment method of the Contract Price beyond the risk scope. Adjustments caused by market price fluctuations shall be subject to Article 11.1 (adjustments caused by market price fluctuations).

Unit Price Contract. Unit Price Contract price contract refers to the a construction project contract in which the parties agree to calculate, adjust and confirm the Contract Price with contract price based on the Bill bill of Quantities quantities and the its comprehensive unit price. The unit , and the contract price shall not be adjusted within the agreed scope. The parties shall specify agree on the scope of risks included in the Special Terms of the Contract the risk scope comprehensive unit price and the calculation method of risk costs involved in the comprehensive unit pricespecial contract terms, and agree on the adjustment method of adjusting the Contract Price beyond contract price outside the risk scope. Adjustments caused by due to market price fluctuations shall be subject implemented in accordance with the provisions of Section 11.1 [Adjustments due to Article 11.1 (adjustments caused by market price fluctuations)].

Unit Price Contract. Unit Price Contract The unit price contract refers to the construction project construction contract in which that the parties agree contracting party agrees to calculate, adjust and confirm the Contract Price contract price with the Bill of Quantities work amount list and the its comprehensive unit price. The unit price of the contract price shall is not be adjusted within the agreed scope. The parties to the contract shall specify stipulate in the Special Terms terms of the Contract special contract the method of calculating the risk scope range and the calculation method of risk costs involved cost included in the comprehensive unit price, and agree on the adjustment method of the Contract Price beyond contract price outside the risk scoperange. Adjustments The adjustment caused by the fluctuation of the market price fluctuations shall be subject to Article in accordance with Section. 11.1 (adjustments caused by [Adjustment of market price fluctuations)].