Contract savings definition

Contract savings means the estimated reduction in Contractor cost of performance resulting from acceptance of the VECP, minus allowable Contractor's development and implementation costs (including Subcontractors' development and implementation costs). (See subparagraph 7.)
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Contract savings. , as used in this clause, means the estimated reduction in Contract amount resulting from acceptance of the VECP.
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Contract savings means the estimated reduction in the Contractor’s cost of performance resulting from the Tribe/TDHEs acceptance of the VECP.
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Examples of Contract savings in a sentence

  • The Contractor is entitled to share in instant Contract savings only, to the full extent provided for in this Article.

  • Agencies are reminded that they must provide the State Contractor an opportunity to match the non- Contract savings at least two business days prior to purchase.

  • It is interesting to emphasize that a lubricant effect can exist while FTIR experiment shows no surfactant adsorption within 60 minutes.Figure 3.

  • Its direction of travel could significantly affect the Council’s financial position.Going forward the Council will revisit the Transformation Programme and a particular issue here will be the impact of delivering the Leisure Contract savings reported to Cabinet in February 2020.

  • The Blue Door program offers support and services to individuals looking to exit the sex trade or sexually exploitative situations, and has been a tremendous success.

  • Agencies are reminded that they Must provide the State Contractor an opportunity to match the non- Contract savings at least two business days prior to purchase.

  • They do not include the normal administrative costs of processing the VECP.Instant Contract savings - The estimated reduction in Contractor cost of performance resulting from acceptance of the VECP, minus allowable Contractor's development and implementation costs (including subcontractor's development and implementation costs).

  • A non-refundable charge of $35 per non-resident player will be billed to the Recreation Association at the end of the season.

  • The major savings items proposed are as follows: • Efficiency savings of £8.6M in 2011/12 and £3.5M in 2012/13; • Income generating activities of £5.8M in 2011/12; • Reductions in Supporting People activity and improved management of temporary accommodation of £3.5M in 2011/12; • Contract savings of £0.9M across both years.

  • The Design-Builder is entitled to share in instant Contract savings only, to the full extent provided for in this Section.


More Definitions of Contract savings

Contract savings means the amount, if any, by which a bid accepted for each major subcontract element identified in the Project Budget is less than the amount for the major subcontract element in the Project Budget, plus the amount of unused Stated Contingency as of the Final Completion of the Public Facilities District Improvements.
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Related to Contract savings

  • Cost Savings has the meaning assigned to it in the definition of “Consolidated EBITDA”.

  • Energy Savings means an amount of saved energy determined by measuring and/or estimating consumption before and after implementation of an energy efficiency improvement measure, whilst ensuring normalisation for external conditions that affect energy consumption;

  • Contract Services means the Services to be supplied by the Supplier to the Customer as set out in the Letter of Appointment;

  • Contract Sum means the sum named in the letter of acceptance including Physical contingencies subject to such addition thereto or deduction there-from as may be made under the provisions hereinafter contained.

  • Air contract service means an air carrier operation available only to customers

  • Energy savings performance contract means a contract under which the rate of payments is based upon energy and operational cost savings and a stipulated maximum energy consumption level over the life of the contract.

  • Capitation means the reimbursement arrangement in which a fixed rate of payment per Enrollee per month is made to the Contractor for the performance of all of the Contractor’s duties and obligations pursuant to this Contract.

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.

  • Contract Schedule means a schedule to this Contract;

  • Guaranteed energy savings contract means a contract that includes all of the following:

  • Individualized service plan means a plan prepared by a

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

  • Plan for moderate income housing means a written document adopted by

  • Procurement Plan means the Recipient’s procurement plan for the Project, dated April 2, 2010, and referred to in paragraph 1.16 of the Procurement Guidelines and paragraph 1.24 of the Consultant Guidelines, as the same shall be updated from time to time in accordance with the provisions of said paragraphs.

  • Savings Plan or "plans" means a plan that provides different investment strategies and allows account distributions for qualified higher education expenses.

  • energy service means the physical benefit, utility or good derived from a combination of energy with energy-efficient technology or with action, which may include the operations, maintenance and control necessary to deliver the service, which is delivered on the basis of a contract and in normal circumstances has proven to result in verifiable and measurable or estimable energy efficiency improvement or primary energy savings;

  • Basic generation service or "BGS" means electric generation

  • Basic health plan model plan means a health plan as required in RCW 70.47.060(2)(e).

  • Distribution Service means the delivery of electricity to Customers by the Distribution Company.

  • TIP is the Tax Indemnity Payment, before the deduction of applicable federal, state and local withholding taxes;

  • Contract Sales Price means the total consideration received by the Company for the sale of an Investment.

  • input service means any service used or intended to be used by a supplier in the course or furtherance of business;

  • Generation Service means the sale of electricity, including ancillary services such as the provision of reserves, to a Customer by a Competitive Supplier.

  • Basic health plan services means that schedule of covered

  • Testing service means a national testing service selected by the board.

  • Direct service means providing services to minor or vulnerable adult when the services are rendered in the physical presence of the minor or vulnerable adult. Services include, but are not limited to: providing individual services such as counseling, mentoring, job coaching, training, job search activities, testing or providing mental health and medical services to DWS customers. See Title 62A, Utah Human Services Code, Chapter 5, Services for People with Disabilities.