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ADDENDUM 2 CORRECTION: DUE DATE MONDAY, APRIL 4, 2016 12:00 (NOON) SCHEDULE OF CONTRACT PRICES STEP Sewer Grinder Pump System Conversion NOTE: If a discrepancy between the numerical unit price and
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How to fill out schedule of contract prices

How to Fill Out Schedule of Contract Prices:
01
Start by gathering all the necessary information, including the contract details, pricing terms, and any supporting documents.
02
Review the contract thoroughly to understand the specific requirements for the schedule of contract prices. Pay attention to any instructions provided by the contracting party or the project manager.
03
Identify the items or services to be listed in the schedule of contract prices. This may include products, materials, labor, equipment, or any other relevant expenses.
04
Create a table or spreadsheet to organize the information. Include columns for item descriptions, quantities, unit prices, total prices, and any applicable taxes or discounts.
05
Fill in the table with the accurate and detailed information for each item or service. Ensure that the descriptions are clear and concise, and that the quantities and unit prices are accurate.
06
Calculate the total prices for each item or service by multiplying the quantity with the unit price. Include any taxes or discounts if applicable.
07
Double-check the accuracy of all the information entered in the schedule of contract prices. Verify the calculations and ensure that there are no errors or omissions.
08
Review the completed schedule of contract prices to ensure that it aligns with the requirements stated in the contract. Make any necessary adjustments or revisions if needed.
09
Once you are confident in the accuracy and completeness of the schedule of contract prices, save it in a format specified by the contracting party or the project manager. Consider keeping a backup copy for future reference.
10
Submit the filled-out schedule of contract prices according to the instructions provided. Follow any submission deadlines or procedures as specified in the contract.
Who Needs Schedule of Contract Prices:
01
Contractors: Contractors often need a schedule of contract prices to outline the agreed-upon prices for the items or services they will provide. It helps them keep track of costs, prepare accurate bids or estimates, and ensure that they are fulfilling their contractual obligations.
02
Project Managers: Project managers require a schedule of contract prices to monitor and control the financial aspects of a project. It allows them to compare actual costs with the agreed-upon prices, track any variations, and manage the budget effectively.
03
Purchasing Departments: Purchasing departments use the schedule of contract prices to facilitate procurement processes. It helps them ensure that they are purchasing goods or services at the agreed-upon prices and provides a reference for negotiating contracts or purchase orders.
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What is schedule of contract prices?
The schedule of contract prices is a document that lists the prices agreed upon in a contract for goods or services.
Who is required to file schedule of contract prices?
Contractors and service providers are typically required to file the schedule of contract prices.
How to fill out schedule of contract prices?
To fill out the schedule of contract prices, one must list the items or services covered by the contract and their corresponding prices.
What is the purpose of schedule of contract prices?
The purpose of the schedule of contract prices is to provide transparency and ensure that both parties are aware of the agreed-upon prices.
What information must be reported on schedule of contract prices?
The schedule of contract prices must include the description of the items or services, the quantity, unit price, and total price.
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