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  2. Contract price - Wikipedia

    en.wikipedia.org/wiki/Contract_price

    The contract price is the price for the goods or services to be received in the contract. The contract price helps to determine whether a contract may exist. If the contract price is not included in the written contract, then upon litigation the court may hold that a contract did not exist. In litigation, the contract price is a factor for ...

  3. Invitation to tender - Wikipedia

    en.wikipedia.org/wiki/Invitation_to_tender

    A tender announcement from the Indonesian Ministry of Finance. An invitation to tender (ITT, also known as a call for bids [1] or a request for tenders) is a formal, structured procedure for generating competing offers from different potential suppliers or contractors looking to obtain an award of business activity in works, supply, or service contracts, often from companies who have been ...

  4. Butler Machine Tool Co Ltd v Ex-Cell-O Corp (England) Ltd

    en.wikipedia.org/wiki/Butler_Machine_Tool_Co_Ltd...

    With it were Butler's standard contract terms. These included a price variation clause so that if their manufacturing costs went up, the price rise would be passed on to Ex-Cell-O. Ex-Cell-O replied on May 27 and said they would order the machinery, but on Ex-Cell-O's own standard terms. Ex-Cell-O's standard terms did not have a price variation ...

  5. Government procurement in the United States - Wikipedia

    en.wikipedia.org/wiki/Government_procurement_in...

    A very well known requirement, such as for commercial off-the-shelf (COTS) items (in which no R&D would be needed and there are no high risk aspects) would be best acquired using a fixed-price contract, in which a price is fixed and includes the contractor's profit; all risk of cost overrun is transferred to the contractor.

  6. Contract A and Contract B in Canadian contract law - Wikipedia

    en.wikipedia.org/wiki/Contract_A_and_Contract_B...

    A Contract B is formed when an owner formally accepts a bid or, colloquially, a submission of price. Only a single Contract B is formed between, the owner and the successful bidder. The term "Contract B" is used to differentiate the actual construction contract from the tender contract or "Contract A".

  7. Engineering, procurement, and construction - Wikipedia

    en.wikipedia.org/wiki/Engineering,_procurement...

    Engineering, procurement, and construction (EPC) contracts (a type of turnkey contract) are a form of contract used to undertake construction works by the private sector on large-scale and complex infrastructure projects. [1] They may follow a Front-End Engineering and Design (FEED) contract.

  8. New Engineering Contract - Wikipedia

    en.wikipedia.org/wiki/New_Engineering_Contract

    The New Engineering Contract (NEC), or NEC Engineering and Construction Contract, is a formalised system created by the UK Institution of Civil Engineers that guides the drafting of documents on civil engineering, construction and maintenance projects for the purpose of obtaining tenders, awarding and administering contracts.

  9. Kimberley, British Columbia - Wikipedia

    en.wikipedia.org/wiki/Kimberley,_British_Columbia

    Kimberley is a city in southeast British Columbia, Canada along Highway 95A between the Purcell and Rocky Mountains. Kimberley was named in 1896 after the Kimberley mine in South Africa . From 1917 to 2001, it was the home to the world's largest lead-zinc mine, the Sullivan Mine .