Value of the contract Sample Clauses
The "value-of-the-contract" clause defines the total monetary worth assigned to the agreement between the parties. This clause typically specifies the aggregate amount payable for the goods, services, or work to be provided, and may outline how this value is calculated, such as through fixed sums, unit prices, or milestone payments. By clearly stating the contract's value, this clause ensures both parties understand the financial scope of their obligations and helps prevent disputes over payment expectations.
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Value of the contract. The estimated maximum value of the contract based on the estimated maximum quantities is 153,600 Euros.
Value of the contract. The estimated maximum value of the contract based on the estimated maximum quantities is 190,000 Euros. The estimated maximum value of the contract is based on the estimated maximum quantities The estimated maximum quantity is stated in the technical specifications. The estimated quantities are given for information purposes only and can under no circumstance create legitimate expectations on the part of the Contractor that the contracting authority will place orders up to the maximum value of the contract. The exact quantities will be determined in the order forms implementing the framework contract
Value of the contract. The maximum value that may be spent under this framework contract is 1,000,000 EUR. The actual quantities to be delivered shall be determined in order forms.
Value of the contract. The maximum contract value for Lot 1 is 50,000 EUR and for Lot 2 is 171,000 EUR. This amount is given as an indication for the service provider to know the potential scope of the framework agreement. Under no circumstances may the shortlisted participants be able to claim compensation if this orders amount doesn’t reach the maximum.
4 Special contractual provisions
Value of the contract. The estimated maximum value of the contract is 45,000 Euro excl. VAT based on the specified maximum quantities.
Value of the contract. The maximum contract value is 221,000 EUR. This amount is given as an indication for the service provider to know the potential scope of the framework agreement. Under no circumstances may the shortlisted participants be able to claim compensation if this orders amount don’t reach the maximum.
Value of the contract. The estimated maximum value of the contract is 185,000 Euros. Lot 1: 66,000 Lot 2: 87,500 Lot 3: 31,500 The estimated maximum value of the contract is based on the estimated maximum quantities The estimated maximum quantity is stated in the technical specifications. The estimated minimum quantity is approximately 60% of the maximum quantity. The Contracting Authority cannot guarantee minimum quantities, as these are contingent upon evolving development needs. The maximum estimated quantities are equally given for information purposes only and can under no circumstance create legitimate expectations on the part of the Contractor that the contracting authority will place orders up to the maximum value of the contract. The exact quantities will be determined in the order forms implementing the framework contract.
Value of the contract. The estimated maximum value of the contract based on the estimated maximum quantities for the services is Euros 30,000.
4 Special contractual provisions
Value of the contract. 1) The value of the present contract is ……EUR <amount in figures> / …..<amount in letters>, representing the maximum total ERDF eligible value of the project according to Annex 1 - Approved application form.
2) The MA will transfer the ERDF funds on the basis of the eligible expenditures. MA will make the transfer of ERDF in the limit of the existent balance at the date of reimbursement request, and in case of insufficient funds, payment process will be suspended until the European Commission credits the program’s account with the amounts representing the ERDF funds.
3) The Lead Partner commits itself to support its own contribution and the non- eligible expenditures as well as to ensure the temporary availability of funds for the proper implementation of the project until they are reimbursed by the MA.
Value of the contract. The estimated maximum value of the contract based on the quantities detailed in the BoQs is 215,000 €. Lot 1: 115,000 € Lot 2: 100,000 €