Common use of Minimum Guarantee and Maximum Ceiling Clause in Contracts

Minimum Guarantee and Maximum Ceiling. The minimum dollar guarantee is $2,500.00 for each Contractor that does not obtain a task order award under their HCaTS SB contract. The minimum dollar guarantee applies to the contract as a whole and not each ordering period, if exercised. The minimum dollar guarantee will be funded by FY16 funds. The minimum dollar amount for an individual task order must exceed the micro-purchase threshold as defined in FAR Section 2.101, as amended. The maximum dollar amount for each individual task order placed under an HCaTS SB contract is $2.3 billion for Pool 2. An unlimited number of task orders may be placed under an HCaTS SB contract throughout the ordering period, including options, if exercised. The maximum dollar amount for HCaTS SB, including all options, if exercised, $2.3 billion for Pool 2.

Minimum Guarantee and Maximum Ceiling. The minimum dollar guarantee is $2,500.00 for each Contractor that does not obtain a task order award under their HCaTS SB contract. The minimum dollar guarantee applies to the contract as a whole and not each ordering period, if exercised. The minimum dollar guarantee will be funded by FY16 funds. The minimum dollar amount for an individual task order must exceed the micro-purchase threshold as defined in FAR Section 2.101, as amended. The maximum dollar amount for each individual task order placed under an HCaTS SB contract is $2.3 3.45 billion for Pool 21. An unlimited number of task orders may be placed under an HCaTS SB contract throughout the ordering period, including options, if exercised. The maximum dollar amount for HCaTS SBHCaTS, including all options, if exercised, is $2.3 3.45 billion for Pool 21.