the contract or unit price

Percentage increase based on contract price

The seller had therefore the right to declare the contract avoided under article 64 CISG and to claim damages in the amount corresponding to the difference between the contract price and the price of the substitute transaction under article 75 CISG.

Thus, the contract was awarded competitively to a new contractor for the period from 1 April 1997 to 31 March 1998 in the total amount of 7.9 million, at an average monthly cost of 657,400, representing a reduction in the monthly contract price of 340,539 compared with the price agreed in the previous contract (1 January 31 March 1997).

The most common procedure was the tendering method (adjudication), in which the contract was awarded to the tenderer offering the lowest price.

A tender price is assumed to be abnormally low if it seems to be unrealistic that is, the price is below cost, or if it may not be feasible to perform the contract at the price submitted and to make a normal level of profit.

In terms of contractual costs, the Organization negotiated a fixed price contract for the remaining tasks to be completed by the main contractor.

Unlike the test problem reports, which were to be rectified by the IMIS contractor within the contract price, the system enhancement requests were outside the scope of the contract and an additional amount was paid for them.

The defendant alleged that the marble slabs delivered did not conform to the contract and refused to pay the purchase price (article 35 CISG).

It also agreed, as indicated above, to signed a fixed price contract for the remaining out of scope work with a one year warranty.

In fact, the damages stemming from the malfunctioning of the cooling device considerably exceeded its price, and the buyer declared their set off with the price for other equipment delivered by the seller under a different contract.

29. It was suggested that the notion of quot project management contract quot should be added to the portion of the text dealing with the definition of quot turnkey quot contract, and that the definition should mention the elements of fixed price and fixed time for the performance of the contract.

Under the CISG, the defendant could set off its damages against the purchase price as a result of the seller apos s breach of contract.

Completion and cost overrun risks will normally be allocated by the project company to the construction contractors and, for that purpose, the construction contract will normally be a fixed price, fixed time turnkey contract with guarantees of performance by the contractors.

For the period from 16 January to 31 May 1998, the price of the present petrol, oil and lubricants contract of 0.35 has been applied ( 104,700).

Unless this is done through appropriate legislative action, awards of contract on the basis of factors other than price and quality could lead to bid protests and disputes.

The Court deemed that the plaintiff's exclusive request from a certain date for the reimbursement of the price was a clear sign of its intention to avoid the contract.

The terms of purchase are agreed in advance in a contract which specifies how much will be bought, the price that will be paid and how risks are allocated.

2. Price and price increases

Regarding the price reduction requested by the buyer, the court found that, on the basis of article 29 CISG, a contract could be modified purely by agreement of the parties.

At the time of the selection, the contractor s cost structure (hourly rates per type of staff) was the second lowest. The same price structure has been maintained for all activities (base contract and out of scope work), adjusted by the annual cost of living increment until July 1997. This price structure is still in force for the base contract. The rates were revised for out of scope work in July 1997.

Contract?

The Romanian seller refused to deliver the reduced quantity of wood, insisting on the original conditions on the contract, and sold all the wood to another client at a reduced price.

Depending on the permitted criteria for the award of a contract procured through ERAs, two systems are found those based on the lowest price alone and those that permit additional criteria.

Not only was there a performance risk, but also experience, particularly in the construction sector, indicated that businesses submitting abnormally low tenders subsequently tended to use all possible means to contest procurement proceedings and to improve the terms of the contract, with attendant upward pressure on the contract price.

ERAs may be based solely on prices when the contract is awarded to the lowest price or on prices and or on the new values of the features of the tender indicated in the specification, if the contract is to be awarded to the most economically advantageous tender.

For a price, Ugarte. For a price.

They just care about three things and three things only price, price and price.

(2) The transaction price or the price range

Contract award

A contract.

The contract?

Another contract.

PRICE

Price

Price

On 18 June 1991, the seller brought proceedings against the other party to the contract before the Regional Court of Bonneville for payment of the price due for goods delivered but not paid for.

In practically every case, the payment for the performance of a public contract in those countries was made in the form of a price paid by the governmental agency to the supplier or contractor.

6. Turnkey contract

201. Contract teachers.

1. Contract provisions

1. IMIS contract

4. Draft contract

Support service contract

Support service contract