Examples of Contract Option in a sentence
Documentation of site control (e.g. Purchase Contract, Option to Purchase, Grant Deed) 2.
If the parties have mutually agreed to use the Negotiated Contract Option, the permitted, negotiated terms on which they have agreed and which are not already set forth as part of the Scope of Work and/or Schedule of Work attached to this CSA as Schedules I and J, respectively, shall be as set forth in Schedule H attached to this CSA.
Removing the services from the Contract (Option 3) and terminating the whole Contract (Option 5) allows a more cost effective service provision to be put in place, hence the scores of 4.
If you do not choose an Annuity Option at the time you purchase the Contract, Option 2, which provides a life annuity with 10 years of guaranteed Income Payments, will automatically be applied.
The Committee agreed to: (1) Note the appointment of McLaughlin & Harvey Ltd to construct the Stonehaven Flood Scheme; and (2) Note the use of the NEC 4 Engineering and Construction Contract Option C: Target contract with activity schedule for the Stonehaven Flood Protection Scheme.