Tendered value definition

Tendered value means the value of the entire work as stipulated in the letter of award.
Tendered value means the value of the entire work as stipulated in the work order.
Tendered value means the sum accepted in this tender or the sum calculated in accordance with the prices accepted in this tender or the contract rates as payable to the Contractor by WAPCOS Limited for the entire execution and full completion of work with respect to scope of work of Contractor.

Examples of Tendered value in a sentence

  • In addition to performance guarantee stated above, a sum @ 10% of the gross amount of the bill shall be deducted from each running bill of the contractor till the sum deducted will amount to security deposit of 5% of the Tendered value of the work.


More Definitions of Tendered value

Tendered value means the value of the entire work as stipulated in the letter ofaward.
Tendered value means the value of the Materials required for District Units.
Tendered value means the value of work as stipulated in the letter of award including GST.
Tendered value means the value of the entire work as stipulated in the letter of acceptance.
Tendered value. Contract Price” means the value of the entire work as stipulated in the letter of award.
Tendered value means the bid values submitted by the successful bidder, sourced in the bid submission documents;

Related to Tendered value

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Spread Value means, with respect to a share of Stock subject to an Award, an amount equal to the excess of the Fair Market Value, on the date such value is determined, over the Award’s exercise or grant price, if any.