Retroactive Contract definition

Retroactive Contract means a Contract or Purchase Order in which Goods, Works or Services have already been delivered or performed, fully or in part, prior to obtaining the advice of the CPU or the completion of the approval steps required under this Policy and/or the Procedures.
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Examples of Retroactive Contract in a sentence

  • Recognizing the retroactivity of this Agreement, MVA worked with the Retroactive Contract Review Committee (RCRC) to address this issue and has been advised to move forward with presenting its request for the recommended to the Board, provided MVA makes a presentation to the RCRC on a future date, to discuss the factors that led to the retroactive situation and to present a Corrective Action Plan developed by MVA to prevent the recurrence of future retroactive license agreements.

Related to Retroactive Contract

  • Prospective contractor means a person who is subject to the competitive sealed proposal process set forth in the Procurement Code or is not required to submit a competitive sealed proposal because that person qualifies for a sole source or a small purchase contract.

  • Selective contracting arrangement means an arrangement in which a carrier participates in selective contracting with one or more providers, and which arrangement contains reasonable benefit differentials, including, but not limited to, predetermined fee or reimbursement rates for covered benefits applicable to participating and nonparticipating providers.

  • Provider contract means any contract between a provider and a carrier (or a carrier's network,

  • Salary Reduction Agreement means an agreement between a dis- trict and an employee to reduce the employee’s salary for the pur- pose of making direct contributions to or purchases of a qualified investment product. Art. 6228a-5, Sec. 4(5), Tex. Rev. Civ. Stat.

  • Enrollee point-of-service cost-sharing or "cost-sharing" means amounts paid to health carriers directly providing services, health care providers, or health care facilities by enrollees and may include copayments, coinsurance, or deductibles.