Value of the contract definition

Value of the contract means the Works Project contract sum (accepted contract amount) less provisional sums, contingencies and VAT.
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Value of the contract means the dollar amount or equivalent benefit expended or received by the State in accordance with the contract; whereas, the “cost to the State for a contract” means the dollar amount or equivalent benefit expended by the State in accordance with the contract. I, , am authorized to execute the attached contract on behalf of
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Value of the contract means the cumulative total value of all Purchase Orders less VAT over the contract period.
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Examples of Value of the contract in a sentence

  • The Death Benefit will be the Accumulation Value of the contract determined on the effective date.

  • As of the effective date, the Accumulation Value of the contract will be set at an amount equal to the Death Benefit.

  • In such event, the Surrender Value of the contract may be taken in the form of a cash settlement.

  • Before the Maturity Date the Owner may, on request satisfactory to the Company, withdraw all or a portion of the Accumulation Value of the contract.

  • The Accumulation Value of the contract is the sum of the Accumulation Values of all Investment Accounts.

  • The maturity value of this contract will be the Accumulation Value of the contract on the effective date of the maturity benefit.

  • The payment at death will be the Accumulation Value of the contract determined on the effective date of the payment at death.

  • The maturity value of this contract will be the Accumulation Value of the contract on the effective date of the maturity benefit, less any applicable Withdrawal Charge (see Section 7.4).

  • If this contract is continued under spousal continuation and the amount of the death benefit proceeds that would have been paid, as described in the Death Benefit section of this contract, exceed the Accumulation Value of the contract on the applicable Valuation Date, then we will credit this difference to the Allocation Options in accordance with the allocation instructions in effect at that time.

  • The maturity value of this contract will be the Accumulation Value of the contract on the effective date of the maturity benefit, less any applicable Withdrawal Charge (see Section 7.3).


More Definitions of Value of the contract

Value of the contract means the contract surn (accepted contract amount) less provisional sums, contingencies and VAT.
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Value of the contract means the dollar amount or equivalent benefit expended or received by the State in accordance with the contract; whereas, the “cost to the State for a contract” means the dollar amount or equivalent benefit expended by the State in accordance with the contract. FORM 1 Revised 7/01/06 I, (Type/Print Name, Title and Name of Firm or Corporation), am authorized to execute the attached contract on behalf of Gen. Stat. § 1-79(e)(12), to (1) any public official or state employee of the contracting state agency or quasi-public agency who participated directly, extensively, and substantially in the preparation of the bid solicitation or request for proposals for the contract (if applicable) or in the negotiation or award of this contract; or (2) any public official or state employee of any other state agency who has supervisory or appointing authority over the state agency or quasi-public agency executing this contract, except the gifts listed below: Name of Benefactor Name of recipient Gift Description Value Date of Gift List information here Further, neither I nor any principals or key personnel of the Contractor, nor any agent of the above, knows of any action by Contractor to circumvent such prohibition on gifts by providing for any other principals, key personnel, officials, employees of Contractor, nor any agent of the above, to provide a gift to any such public official or state employee. Further, the Contractor made its bid or proposal without fraud or collusion with any person. Sworn as true to the best of my knowledge and belief, subject to the penalties of false statement. Signature Date Sworn and subscribed before me on this day of , 200 Commissioner of the Superior Court Notary Public FORM 2
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Related to Value of the contract

  • Value of Contract means the sum accepted or the sum calculated in accordance with the prices accepted in Tender and/or the Contract rates as payable to the Contractor for the entire execution and full completion of the work.

  • value of materials means the customs value at the time of importation of the non-originating materials used, or, if this is not known and cannot be ascertained, the first ascertainable price paid for the materials in the territory concerned;

  • value of originating materials means the value of such materials as defined in (g) applied mutatis mutandis;

  • Value of Bonus means the amount indicated in the Order Form, which is calculated by multiplying the Commitment Value and the Bonus.

  • Covered contract means an energy savings performance contract, a utility service contract, or a private housing contract awarded by DoD, if such contract results in DoD ownership of photovoltaic devices, by means other than DoD purchase as end products. DoD is deemed to own a photovoltaic device if the device is—