Common use of Contract Extension Option Clause in Contracts

Contract Extension Option. The City has the option to extend the term of this Contract for two additional 12-month terms or a single additional 24- month term beyond the 60--month term set forth above, subject to acceptable performance by the Consultant and contingent upon the appropriation of sufficient funds for the procurement of services provided for in this Contract. Before expiration of the then current term, the Chief Procurement Officer will give the Consultant notice, in writing, that the City is exercising its option to renew the Contract for the approaching option period. The date on which the Chief Procurement Officer gives notice is the date the notice is mailed, if it is mailed, or the date the notice is delivered, if sent by courier or messenger service. The 181 day extension for the purposes of providing continuity of service, described in the Standard Terms and Conditions article of this Contract, may be exercised in lieu of an option period or following the exhaustion of all option periods and does not require formal amendment of the Contract.

Appears in 1 contract

Samples: www.chicago.gov

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Contract Extension Option. The City has the option to extend the term of this Contract for two additional 12-month terms or a single additional 24- 24-month term beyond the 60-60 -month term set forth above, subject to acceptable performance by the Consultant Contractor and contingent upon the appropriation of sufficient funds for the procurement of services provided for in this Contract. Before expiration of the then current term, the Chief Procurement Officer will give the Consultant Contractor notice, in writing, that the City is exercising its option to renew the Contract for the approaching option period. The date on which the Chief Procurement Officer gives notice is the date the notice is mailed, if it is mailed, or the date the notice is delivered, if sent by courier or messenger service. The 181 day extension for the purposes of providing continuity of service, described in the Standard Terms and Conditions article of this Contract, may be exercised in lieu of an option period or following the exhaustion of all option periods and does not require formal amendment of the Contract.

Appears in 1 contract

Samples: www.chicago.gov

Contract Extension Option. The City has the option to extend the term of this Contract for two five additional 12-month terms or a single additional 24- 60- month term beyond the 60-60 -month term set forth above, subject to acceptable performance by the Consultant Contractor and contingent upon the appropriation of sufficient funds for the procurement of services provided for in this Contract. Before expiration of the then current term, the Chief Procurement Officer will give the Consultant Contractor notice, in writing, that the City is exercising its option to renew the Contract for the approaching option period. The date on which the Chief Procurement Officer gives notice is the date the notice is mailed, if it is mailed, or the date the notice is delivered, if sent by courier or messenger service. The 181 181-day extension for the purposes of providing continuity of service, described in the Standard Terms and Conditions article of this Contract, may be exercised in lieu of an option period or following the exhaustion of all option periods and does not require formal amendment of the Contract.

Appears in 1 contract

Samples: www.chicago.gov

Contract Extension Option. The City has the option to extend the term of this Contract for two three additional 12-month terms or a single additional 24- 36-month term beyond the 6072--month month term set forth above, subject to acceptable performance by the Consultant Contractor and contingent upon the appropriation of sufficient funds for the procurement of services provided for in this Contract. Before expiration of the then current term, the Chief Procurement Officer will give the Consultant Contractor notice, in writing, that the City is exercising its option to renew the Contract for the approaching option period. The date on which the Chief Procurement Officer gives notice is the date the notice is mailed, if it is mailed, or the date the notice is delivered, if sent by courier or messenger service. The 181 day extension for the purposes of providing continuity of service, described in the Standard Terms and Conditions article of this Contract, may be exercised in lieu of an option period or following the exhaustion of all option periods and does not require formal amendment of the Contract.

Appears in 1 contract

Samples: www.chicago.gov

Contract Extension Option. β€Œ The City has the option to extend the term of this Contract for two three additional 12-month terms or a single additional 24- 36- month term beyond the 60-60 -month term set forth above, subject to acceptable performance by the Consultant Contractor and contingent upon the appropriation of sufficient funds for the procurement of services provided for in this Contract. Before expiration of the then current term, the Chief Procurement Officer will give the Consultant Contractor notice, in writing, that the City is exercising its option to renew the Contract for the approaching option period. The date on which the Chief Procurement Officer gives notice is the date the notice is mailed, if it is mailed, or the date the notice is delivered, if sent by courier or messenger service. The 181 day extension for the purposes of providing continuity of service, described in the Standard Terms and Conditions article of this Contract, may be exercised in lieu of an option period or following the exhaustion of all option periods and does not require formal amendment of the Contract.

Appears in 1 contract

Samples: Professional Services Agreement

Contract Extension Option. The City has the option to extend the term of this Contract for two additional 12-month terms or a single additional 24- month term beyond the 60--month 60 month term set forth above, subject to acceptable performance by the Consultant Contractor and contingent upon the appropriation of sufficient funds for the procurement of services provided for in this Contract. Before expiration of the then current term, the Chief Procurement Officer will give the Consultant notice, in writing, that the City is exercising its option to renew the Contract for the approaching option period. The date on which the Chief Procurement Officer gives notice is the date the notice is mailed, if it is mailed, or the date the notice is delivered, if sent by courier or messenger service. After notification, the Contract will be amended to reflect the term extension. The 181 day extension for the purposes of providing continuity of service, described in the Standard Terms and Conditions article of this Contract, may be exercised in lieu of an option period or following the exhaustion of all option periods and does not require formal amendment of the Contractperiods.

Appears in 1 contract

Samples: www.chicago.gov

Contract Extension Option. The City has the option to extend the term of this Contract for two three additional 12-month terms or a single additional 24- month term beyond the 60--month 60 month term set forth above, subject to acceptable performance by the Consultant Contractor and contingent upon the appropriation of sufficient funds for the procurement of services provided for in this Contract. Before expiration of the then current term, the Chief Procurement Officer will give the Consultant Contractor notice, in writing, that the City is exercising its option to renew the Contract for the approaching option period. The date on which the Chief Procurement Officer gives notice is the date the notice is mailed, if it is mailed, or the date the notice is delivered, if sent by courier or messenger service. After notification, the Contract will be amended to reflect the term extension. The 181 day extension for the purposes of providing continuity of service, described in the Standard Terms and Conditions article of this Contract, may be exercised in lieu of an option period or following the exhaustion of all option periods and does not require formal amendment of the Contractperiods.

Appears in 1 contract

Samples: www.chicago.gov

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Contract Extension Option. The City has the option to extend the term of this Contract for two additional 12-month terms or a single additional 24- month term beyond the 6024--month month term set forth above, subject to acceptable performance by the Consultant Contractor and contingent upon the appropriation of sufficient funds for the procurement of services provided for in this Contract. Before expiration of the then current term, the Chief Procurement Officer DCASE Commissioner will give the Consultant notice, in writing, that the City is exercising its option to renew the Contract for the approaching option period. The date on which the Chief Procurement Officer DCASE Commissioner gives notice is the date the notice is mailed, if it is mailed, or the date the notice is delivered, if sent by courier or messenger service. After notification, the Contract will be amended to reflect the term extension. The 181 day extension for the purposes of providing continuity of service, described in the Standard Terms and Conditions article of this Contract, may be exercised in lieu of an option period or following the exhaustion of all option periods and does not require formal amendment of the Contract.

Appears in 1 contract

Samples: Professional Services Agreement

Contract Extension Option. The City has the option to extend the term of this Contract for two additional 12-month terms or a single additional 24- month term beyond the 60--month month term set forth above, subject to acceptable performance by the Consultant Contractor and contingent upon the appropriation of sufficient funds for the procurement of services provided for in this Contract. Before expiration of the then current term, the Chief Procurement Officer will give the Consultant notice, in writing, that the City is exercising its option to renew the Contract for the approaching option period. The date on which the Chief Procurement Officer gives notice is the date the notice is mailed, if it is mailed, or the date the notice is delivered, if sent by courier or messenger service. After notification, the Contract will be amended to reflect the term extension. The 181 day extension for the purposes of providing continuity of service, described in the Standard Terms and Conditions article of this Contract, may be exercised in lieu of an option period or following the exhaustion of all option periods and does not require formal amendment of the Contract.

Appears in 1 contract

Samples: Target Market Program

Contract Extension Option. The City has the option to extend the term of this Contract for two three additional 12-month terms or a single additional 24- 36- month term beyond the 60-60 -month term set forth above, subject to acceptable performance by the Consultant Contractor and contingent upon the appropriation of sufficient funds for the procurement of services provided for in this Contract. Before expiration of the then current term, the Chief Procurement Officer will give the Consultant Contractor notice, in writing, that the City is exercising its option to renew the Contract for the approaching option period. The date on which the Chief Procurement Officer gives notice is the date the notice is mailed, if it is mailed, or the date the notice is delivered, if sent by courier or messenger service. The 181 day extension for the purposes of providing continuity of service, described in the Standard Terms and Conditions article of this Contract, may be exercised in lieu of an option period or following the exhaustion of all option periods and does not require formal amendment of the Contract.

Appears in 1 contract

Samples: www.chicago.gov

Contract Extension Option. The City has the option to extend the term of this Contract for two five additional 12-month terms or a single additional 24- 60-month term beyond the 60--month month term set forth above, subject to acceptable performance by the Consultant Contractor and contingent upon the appropriation of sufficient funds for the procurement of services provided for in this Contract. Before expiration of the then current term, the Chief Procurement Officer will give the Consultant Contractor notice, in writing, that the City is exercising its option to renew the Contract for the approaching option period. The date on which the Chief Procurement Officer gives notice is the date the notice is mailed, if it is mailed, or the date the notice is delivered, if sent by courier or messenger service. The 181 181-day extension for the purposes of providing continuity of service, described in the Standard Terms and Conditions article of this Contract, may be exercised in lieu of an option period or following the exhaustion of all option periods and does not require formal amendment of the Contract.

Appears in 1 contract

Samples: www.chicago.gov

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