MINIUMUM GUARANTEE Clause Samples

MINIUMUM GUARANTEE. Contract Minimum Guarantee Amount 1) The contract minimum guarantee amount is $3,000.00 per contract. 2) The contract minimum guarantee amount represents the minimum quantity of supplies and services the Government shall order for the life of the contract. 3) The contract minimum guarantee amount applies to each Indefinite Delivery Indefinite Quantity (IDIQ) contract award on an individual basis. Contract Maximum Capacity 1) The contract maximum capacity amount is $45,000,000 across all MAC holders. 2) The contract maximum capacity amount represents the cumulative total dollar maximum value of all orders (inclusive of modifications to those orders) that may be issued under all contract award holders over the course of the ordering period.