Mashing units

摘要

Most highway contracts include Variation in Estimated Quantity (VEQ) clauses that establish rules governing the renegotiation of unit prices if actual quantities vary from the government s estimated quantities by a stated percentage-typically between 15 and 25%. Many VEQ clauses distinguish between minor and major bid items and allow adjust- ments for the former, but not the latter. Alternatively, a minor bid item might require a substantially greater variance in quantity than a major bid item before the unit price may be negotiated. In nearly all instances, a request for an increase or decrease in a unit price under a VEQ clause must be based upon an increase or decrease in costs due solely to the variation in quantity.