Basic Contract Value definition

Basic Contract Value. - shall mean the total purchase price of the entire quantity (100%) of the Goods, specified in the Tender/Inquiry documents (not including options), in the currency, designated by the Supplier and approved by the Purchaser.
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Basic Contract Value means the total purchase price of the entire quantity (100%) of the Goods and/or Services, specified in the Tender/Inquiry documents (not including options), in the currency, designated by the Supplier and approved by the Purchaser.
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Basic Contract Value means the lump sum amount (Excluding all duties and taxes/GST).
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Examples of Basic Contract Value in a sentence

  • During the Basic Frame Contract Period (and the “Extension Period”, detailed in paragraphs 2.2 and 2.3, below, if applicable), the Purchaser will purchase from the Supplier and the Supplier will sell to the Purchaser, Goods and/or Services of a total value, which is equal to the “Contract Value”, subject to the Purchaser's right to increase the Basic Contract Value by up to 40% or decrease the Basic Contract Value by up to 40%.

  • During the Basic Frame Contract Period (and the “Extension Period”, detailed in paragraphs 2.2 and 2.3, below, if applicable), the Purchaser will purchase from the Supplier and the Supplier will sell to the Purchaser, Goods and/or Services of a total value, which is equal to the “Contract Value”, subject to the Purchaser's right to increase the Basic Contract Value by up to 50% or decrease the Basic Contract Value by up to 50%.

  • During the Basic Frame Contract Period (and the “Extension Period”, detailed in paragraphs 2.2 and 2.3, below, if applicable), the Purchaser will purchase from the Supplier and the Supplier will sell to the Purchaser, Goods of a total value, which is equal to the “Contract Value”, subject to the Purchaser's right to increase the Basic Contract Value by up to 40% or decrease the Basic Contract Value by up to 40%.

  • During the Basic Frame Contract Period (and the “Extension Period”, detailed in paragraphs 2.2 and 2.3, below, if applicable), the Purchaser will purchase from the Supplier and the Supplier will sell to the Purchaser, Goods and/or Services of a total value, which is equal to the “Contract Value”, subject to the Purchaser's right to increase the Basic Contract Value by up to 50 % or decrease the Basic Contract Value by up 50 %.

  • In the event that the total value of Goods, actually ordered within the “Contract Period” is less than one hundred percent (100%) of the Basic Contract Value, the Purchaser shall have the right, by no later than 30 days prior to the end of the Basic Frame Contract Period or the Option Period (detailed in para.

  • During the Basic Frame Contract Period (and the “Extension Period”, detailed in paragraphs 2.2 and 2.3, below, if applicable), the Purchaser will purchase from the Supplier and the Supplier will sell to the Purchaser, Goods of a total value, which is equal to the “Contract Value”, subject to the Purchaser's right to increase the Basic Contract Value by up to 50% or decrease the Basic Contract Value by up to 50%.

  • During the Basic Frame Contract Period (and the “Extension Period”, detailed in paragraphs 2.2 and 2.3, below, if applicable), the Purchaser will purchase from the Supplier and the Supplier will sell to the Purchaser, Goods and/or Services of a total value, which is equal to the “Contract Value”, subject to the Purchaser's right to increase the Basic Contract Value by up to_50% or decrease the Basic Contract Value by up to 50%.

  • During the Basic Frame Contract Period (and the “Extension Period”, detailed in paragraphs 2.2 and 2.3, below, if applicable), the Purchaser will purchase from the Supplier and the Supplier will sell to the Purchaser, Goods of a total value, which is equal to the “Contract Value”, subject to the Purchaser's right to increase the Basic Contract Value by up to 100%.

  • During the Basic Frame Contract Period (and the “Extension Period”, detailed in paragraphs 2.2 and 2.3, below, if applicable), the Purchaser will purchase from the Supplier and the Supplier will sell to the Purchaser, Goods and/or Services of a total value, which is equal to the “Contract Value”, subject to the Purchaser's right to increase the Basic Contract Value by up to % or decrease the Basic Contract Value by up to %.

  • During the Basic Frame Contract Period (and the “Extension Period”, detailed in paragraphs 2.2 and 2.3, below, if applicable), the Purchaser will purchase from the Supplier and the Supplier will sell to the Purchaser, Goods of a total value, which is equal to the “Contract Value”, subject to the Purchaser's right to increase the Basic Contract Value by up to 50% or decrease the Basic Contract Value by up to 0%.


More Definitions of Basic Contract Value

Basic Contract Value. - shall mean the total purchase price of the entire quantity (100%) of the Goods,
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Related to Basic Contract Value

  • Contract Value means that portion of the Contract Price adjusted to give effect to such additions or deductions as are provided for in the Contract which is properly apportion-able to the Goods or Services in question.

  • Annual Contract Value or “ACV” means the net subscription fee for one (1) year as defined in the Order Form for a specific Customer.

  • The Contract Value means the amount payable to the Bidder under the contract for the full and proper performance of its contractual obligations.

  • Minimum Contract Value means 10% of the Maximum Contract Value.

  • Maximum Contract Value means the amount specified in the "Limitation of Expenditure" clause set out in the Contract; and