Subcontract Not-to-Exceed definition
Subcontract Not-to-Exceed or “Subcontract NTE” has the meaning set forth in Section 5.b of this Subcontract.
Examples of Subcontract Not-to-Exceed in a sentence
The Subcontract Not-to-Exceed Amount or Subcontract NTE is the maximum amount to be paid to Subcontractor hereunder for all Services performed under this Subcontract, which will be authorized by VEIC on a per CREF basis in Attachment C.
The Subcontract Not-to-Exceed Amount or Subcontract NTE is the maximum amount to be paid to Subcontractor hereunder for all Services performed under this Subcontract, which will be authorized by VEIC on a per Project basis in Attachment C.