contract price — Literally, the amount to be paid under a contract of sale, a contract to render services, or a construction contract. In a contract for the construction of a building, the words contract price were held to mean not the abstract price or amount… … Ballentine's law dictionary
Contract Price — Price marketed on a contract basis for one or more years. *** The delivery price determined when a contract is signed. It can be a fixed price or a base price escalated according to a given formula. U.S. Dept. of Energy, Energy… … Energy terms
contract — con·tract 1 / kän ˌtrakt/ n [Latin contractus from contrahere to draw together, enter into (a relationship or agreement), from com with, together + trahere to draw] 1: an agreement between two or more parties that creates in each party a duty to… … Law dictionary
price — I noun amount, appraisal, appraisement, charge, compensation, cost, disbursement, due, estimate, estimation, exaction, exchange value, expenditure, expense, fare, fee, figure, outlay, payment, premium, pretium, purchase money, quotation, rate,… … Law dictionary
price — The cost at which something is obtained. Something which one ordinarily accepts voluntarily in exchange for something else. The consideration given for the purchase of a thing. Amount which a prospective seller indicates as the sum for which he… … Black's law dictionary
contract guarantee insurance — An insurance policy designed to guarantee the financial solvency of a contractor during the performance of a contract. If the contractor becomes financially insolvent and cannot complete the work the insurer makes a payment equivalent to the… … Big dictionary of business and management
CONTRACT — (Heb. חוֹזֶה, ḥozeh), in general law theory a legally binding agreement between two or more parties, in terms of which one party undertakes for the benefit of the other to perform or refrain from a certain act. As such, contract is the main… … Encyclopedia of Judaism
Contract — • The canonical and moralist doctrine on this subject is a development of that contained in the Roman civil law. In civil law, a contract is defined as the union of several persons in a coincident expression of will by which their legal relations … Catholic encyclopedia
Contract awarding — is the method used during a procurement in order to evaluate the proposals (tender offers) taking part and award the relevant contract.[1] [2] Usually at this stage the eligibility of the proposals has been concluded. So it remains to choose the… … Wikipedia
Contract Net Protocol — (CNP) is a task sharing protocol in multi agent systems, consisting of a collection of nodes or software agents that form the contract net . Each node on the network can, at different times or for different tasks, be a manager or a contractor.… … Wikipedia
