Value of Contract definition

Value of Contract means the sum accepted or the sum calculated in accordance with the prices accepted in Tender and/or the Contract rates as payable to the Contractor for the entire execution and full completion of the work.
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Value of Contract or “Total Contract Price” means the sum accepted or the sum calculated in accordance with the prices accepted in the Contract as payable to the Service Provider for the entire execution and full completion of the service, including Amendment(s) to Contract, if any.
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Value of Contract or “Total Contract Price” means the sum accepted or the sum
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Examples of Value of Contract in a sentence

  • The EMPLOYER shall retain such sum as may be necessary from the total VALUE OF CONTRACT until the CONTRACTOR shall furnish satisfactory proof that all contributions as required by the Employees State Insurance Act, 1948, have been paid.

  • All costs on account of insurance liabilities covered under CONTRACT will be to CONTRACTOR's account and will be included in VALUE OF CONTRACT.

  • However, the PURCHASER may from time to time, during the currency of the CONTRACT, ask the CONTRACTOR in writing to limit the insurance coverage risk and in such a case, the parties to the CONTRACT will agree for a mutual settlement, for reduction in VALUE OF CONTRACT to the extent of reduced premium amounts.

  • However, the EMPLOYER may from time to time, during the currency of the CONTRACT, ask the CONTRACTOR in writing to limit the insurance coverage risk and in such a case, the parties to the CONTRACT will agree for a mutual settlement, for reduction in VALUE OF CONTRACT to the extent of reduced premium amounts CONTRACTOR as far as possible shall cover insurance with Indian Insurance Companies, including marine Insurance during ocean transportation.

  • The OWNER shall retain such sum as may be necessary from the total VALUE OF CONTRACT will the CONTRACTOR shall furnish satisfactory proof that all contributions as required by the Employees State Insurance Act,1948, have been paid.

  • PERIOD OF CONTRACT PO Number:- Date of Commencement: - Duration: - 5 years from the date of commissioning of 128 Mbps Internet link at IDC Greater Noida VALUE OF CONTRACT: Party endorsement, For For Bharat Petroleum Corporation Ltd.

  • However, the EMPLOYER may from time to time, during the currency of the CONTRACT, ask the CONTRACTOR in writing to limit the insurance coverage risk and in such a case, the parties to the CONTRACT will agree for a mutual settlement, for reduction in VALUE OF CONTRACT to the extent of reduced premium amounts.

  • The PURCHASER shall retain such sum as may be necessary from the total VALUE OF CONTRACT until the CONTRACTOR shall furnish satisfactory proof that all contributions as required by the Employees State Insurance Act, 1948, have been paid.

  • Wherever, it is mentioned in the specifications that the CONTACTOR shall perform certain WORK or provide certain facilities, it is understood that the CONTRACTOR shall do so at his cost and the VALUE OF CONTRACT shall be deemed to have included cost of such performance and provisions, so mentioned.

  • Description: ST 4 320 Standard Coin Mechanism: Conlux CCM5G -1 Standard Bill Validator: Conlux NBM 3140 *** SEE LAST PAGE FOR TOTAL VALUE OF CONTRACT *** REPRINT Page 2 / 12 Contract Number: 4600010580 Creation Date: 08/08/2006 Vendor Name: XXXXXX PITTSBURGH DISTRIBUTING Item Description Material/Service No. Quantity UOM Price Per Unit TOTAL 00050 SNACK MACHINE 0 EA 4,175.00 EA 0.00 Item text Make/Brand: API Base Model Number: Studio 5 Snack/Can.


More Definitions of Value of Contract

Value of Contract means the sum accepted or the sum calculated in accordance with theprices accepted in Tender and/or the Contract rates as payable to the Contractor for theentireexecutionandfullcompletionofthework.
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Value of Contract means the sum estimated or the sum calculated in accordance with the rates accepted in the Tender and/or in the CONTRACT. However, the actual payment shall be made based on the work executed.
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Value of Contract or “TOTAL CONTRACT PRICE” shall mean the sum accepted or the sum calculated in accordance with the prices accepted in tender and/or
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Value of Contract means the sum accepted or the sum calculated in accordance with the prices accepted in tender
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Value of Contract means the highest value between:
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Value of Contract or “TOTAL CONTRACT PRICE” shall mean the sum accepted or
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Related to Value of Contract

  • Fair Market Value means, as of any date, the value of Common Stock determined as follows:

  • Value Date means, with respect to any FX Transaction, the Business Day (or where market practice in the relevant foreign exchange market in relation to the two Currencies involved provides for delivery of one Currency on one date which is a Local Banking Day in relation to that Currency but not to the other Currency and for delivery of the other Currency on the next Local Banking Day in relation to that other Currency ("Split Settlement") the two (2) Local Banking Days in accordance with that market practice) agreed by the Parties for delivery of the Currencies to be purchased and sold pursuant to such FX Transaction, and, with respect to any Currency Obligation, the Business Day (or, in the case of Split Settlement, Local Banking Day) upon which the obligation to deliver Currency pursuant to such Currency Obligation is to be performed.

  • value of materials means the customs value at the time of importation of the non-originating materials used, or, if this is not known and cannot be ascertained, the first ascertainable price paid for the materials in the exporting Party;

  • Non-bid Basis means a contract awarded or executed by the Commonwealth with Contractor without seeking bids or proposals from any other potential bidder or offeror.

  • Performance Contract means the annual agreement negotiated and entered into by a community

  • Calculation Date means each day on which the Reference Price is published by the Index Sponsor or the Index Calculation Agent, as the case may be.