MDFA definition
Examples of MDFA in a sentence
No additional compensation will be provided by the MDFA for any expense, cost, or fee not specifically authorized by this Contract, or by written authorization from the MDFA.
Any failure to comply with the reporting provisions of this clause shall constitute a material breach of Contract and shall be grounds for immediate termination of this Contract by MDFA.
All audits performed by persons other than MDFA staff shall be coordinated through MDFA and its staff.
Within nine (9) months of the end of the original term, MDFA will notify the Contractor, in writing, of MDFA’s intent to renew the Contract for one (1) additional year.
The Contractor will submit all invoices, in a form acceptable to the MDFA (provided that such acceptance will not be unreasonably withheld) with all the necessary supporting documentation, prior to any payment to the Contractor of any allowable fees.
Failure by the MDFA at any time to enforce the provisions of the Contract shall not be construed as a waiver of any such provisions.
Fees for services provided by the Contractor will be billable to the MDFA in arrears, in either lump sum or incremental amounts, as requested by the Contractor.
It is understood that if this Contract requires approval by the Public Procurement Review Board (PPRB) and/or the MDFA Office of Personal Service Contract Review (OPSCR), and this Contract is not approved by the PPRB and/or OPSCR, it is void and no payment shall be made hereunder.
The parties agree to renegotiate the Contract if federal, State and/or the MDFA revisions of any applicable laws or regulations make changes in this Contract necessary.
The MDFA may direct the Contractor to assign the Contractor's right, title, and interest under terminated orders or subcontracts to the State.