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MKHAMBATHINI MUNICIPALITY TERMS OF REFERENCE RATE ONLY CONTRACT FOR FIXING OF MKHAMBATHINI LOCAL MUNICIPALITY POTholes BID NO. MKH02016/002The Client (Company) Name Address: :The Consultant: Company
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Rate only contract is typically used when the two parties agree to a fixed rate for a specific service or product, without any additional terms or conditions.
Rate only contracts may need to be filed by suppliers, vendors, contractors, or service providers depending on the regulations and requirements of the industry or governing body.
To fill out a rate only contract, parties involved need to clearly outline the agreed upon rate, duration of the contract, scope of services or products, and any other pertinent details.
The purpose of rate only contract is to establish a clear agreement on pricing for a specific service or product, without getting into additional terms or conditions that may complicate the agreement.
Information that must be reported on rate only contract includes the agreed upon rate, names of parties involved, date of agreement, duration of contract, and any terms or conditions related to pricing.
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