Contract Extension definition

Contract Extension means an extension to the duration of the Contract, but not including any alteration to the scope of the Contract.
Contract Extension means an amendment to a Contract which has the effect of increasing the value of the Contract in funds, increasing the scope of the work and/or extending the term of a Contract, where the terms of the Contract do not include the option for such amendment;
Contract Extension means an amendment to a contract which can include either an increase in funds, increase in the scope of work and or an extension in time and must meet specified criteria.

Examples of Contract Extension in a sentence

  • Performance Metric Performance Requirement for Contract Extension Contract Sales Reports: Contractor timely provides to Enterprise Services, with no less than a 75% on time rate over the contract term, the required Contract quarterly sales reports.


More Definitions of Contract Extension

Contract Extension means the extension of the term of an existing contract originally awarded through a competitive or non-competitive process, for the purchase of goods or services;
Contract Extension means an amendment increasing the value, changing the scope of work or extending the term, where the terms of the Contract do not include the option for such amendment;
Contract Extension means extending the existing Contract with the same terms and conditions for a finite additional period of time upon a written mutual agreement between the County and the Supplier;
Contract Extension means an amendment to a contract which can include either an increase in funds, increase in the scope of work and oran extension in time and must meet specified criteria. Contract extension approval authority shall be the cumulative amount of all increases.
Contract Extension means the exercising of optional extensions provided within the existing Contract which may include either time or time plus funding but does not impact or change the scope of the existing Contract;
Contract Extension means the extension of the contracted accepted by both parties on a mutually agreed date and in accordance with all trade agreements in force;
Contract Extension means the extension of the term of a Contract;