The FIDIC suite of standard conditions of contract (the Red Book and Yellow Book), set the base date at 28 days before the latest date for the submission of tender.
The JCT Design and Build Contract suggests a date that is 10 days prior to the date of the return of tenders.
Keep in mind that sexual activity doesn’t just have to be about how far you can get with someone.
The date against which the performance of an index is measured.
For example, suppose the base date is January 1, 2001, and the initial value of an index is 100. of the shares of Panasonic and Panasonic Electric Works on the first section of the Tokyo Stock Exchange), as shares of both companies are listed on the financial instruments exchange and a market share price exists.
Richters and Rissel conversely state that "third base" is now sometimes considered to comprise oral sex as part of the accepted pattern of activities, as a precursor to "full" (i.e.
Dear Alice, Some of the girls at my school talk about how their boyfriends got to first, second, or third base with them.
The exact provisions will depend on the specific form of contract that is adopted.
For example, in the Joint Contracts Tribunal (JCT) Design and Build Contract, the base date determines the allocation of risk in relation to changes in statutory regulations, changes to VAT exemptions and changes to definitions of dayworks.
Traditionally the base date was set as the date of tender, however this was sometimes found to give rise to uncertainty because of the complexity and duration of tendering procedures.
The usual practice now is to insert a date in the contract linked to the date of the return of tenders.
This may be done by setting a base date for specified items and defining the price indices by which fluctuations will be assessed.