Examples of Period Contract in a sentence
Fixed Period Contract with Renewals: The Contract becomes effective upon Vendor’s receipt of thenotice to proceed and part of the Contract must be completed within days.
Fixed Period Contract: The Contract becomes effective upon Vendor’s receipt of the notice to proceedand must be completed within .
Fixed Period Contract with Renewals: The Contract becomes effective upon Vendor’s receipt of the notice to proceed and part of the Contract must be completed within days.
For example, assuming a one-year Guarantee Period, Contract Value transferred to the Fixed Account on June 1 would have a Guarantee Period starting on that date and ending on June 30 of the following year.
If either “Fixed Period Contract” or “Fixed Period Contract with Renewals” has been checked, Vendor must not begin work until it receives a separate notice to proceed from the State.