Common use of Amendment Term Clause in Contracts

Amendment Term. The term of the Master Agreement may be amended past the initial term and stated renewal periods for a reasonable period if in the judgment of the Lead State a follow-on competitive procurement will be unavoidably delayed (despite good faith efforts) beyond the planned date of execution of the follow-on master agreement. This subsection will not be deemed to limit the authority of a Lead State under its state law to otherwise negotiate contract extensions.

Appears in 25 contracts

Samples: bgs.vermont.gov, bgs.vermont.gov, bgs.vermont.gov

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Amendment Term. The term of the Master Agreement may be amended past the initial term Initial Term and stated renewal periods for a reasonable period if in the judgment of the Lead State a follow-on competitive procurement will be unavoidably delayed (despite good faith efforts) beyond the planned date of execution of the follow-on master agreement. This subsection will not be deemed to limit the authority of a Lead State under its state law to otherwise negotiate contract extensions.

Appears in 2 contracts

Samples: Master Agreement, Naspo Valuepoint Master Agreement

Amendment Term. The term of the Master Agreement may be amended past the initial term and stated renewal periods for a reasonable period if in the judgment of the Lead State a follow-follow- on competitive procurement will be unavoidably delayed (despite good faith efforts) beyond the planned date of execution of the follow-on master agreement. This subsection will not be deemed to limit the authority of a Lead State under its state law to otherwise negotiate contract extensions.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

Amendment Term. The term of the Master Agreement may be amended past the initial term and stated renewal periods for a reasonable period if in the judgment of the Lead State a follow-on up competitive procurement will be unavoidably delayed (despite good faith efforts) beyond the planned date of execution of the follow-on up master agreement. This subsection will not be deemed to limit the authority of a Lead State under its state law to otherwise negotiate contract extensions.

Appears in 2 contracts

Samples: Agreement, Agreement

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Amendment Term. The term of the Master Agreement may be amended past the initial term and stated renewal periods for a reasonable period if in the judgment of the Lead State a follow-on competitive procurement will be unavoidably delayed (despite good faith efforts) beyond the planned date of execution of the follow-on master agreement. This subsection will not be deemed to limit the authority of a Lead State under its state law to otherwise negotiate contract extensions. The pricing applicable to any such extension shall be adjusted by the Contractor using the price adjustment process as set out herein.

Appears in 1 contract

Samples: Naspo Valuepoint Master Agreement

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