CONTRACT CEILING PRICE Sample Clauses

CONTRACT CEILING PRICE. (a) The amount of $TBD is presently available for payment and allotted to this contract. It is estimated that this amount is sufficient for performance of the contract through TBD.
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CONTRACT CEILING PRICE. For time and material or unit price contracts with a contract ceiling, if at any time Consultant has reason to believe that an increase in such limitation will be necessary, it will give prior notice to that effect providing a written estimate to complete the Services and proposing a new limitation figure and giving appropriate supporting data so that Client may, at its sole discretion, increase such limitation by written modification to this Agreement. Consultant shall not be required to perform the Services to the extent that such performance exceeds the ceiling price of this Agreement. In the event of a dispute relating to the contract-ceiling price, such dispute shall be resolved in accordance with the Disputes clause of this Agreement.
CONTRACT CEILING PRICE. Each Delivery Order will contain a "ceiling price" beyond which the Government is not liable for payment and an overall task estimate which represents the estimated value of a particular task. The estimated value of all work and services to be rendered under this contract is $500 Million.
CONTRACT CEILING PRICE. 26.1 If at any time the Subcontractor has reason to believe that an increase in the ceiling of a time and material, unit price or cost reimbursable contract will be necessary, it shall give to Savcor ART prompt notice to that effect, and provide a written estimate to complete the Works and propose a new limitation figure and give appropriate supporting data so that Savcor ART may, in its sole discretion, increase such limitation by written variation to this Agreement.
CONTRACT CEILING PRICE. This contract has a ceiling price of , which the contractor exceeds at its own risk. The contractor is responsible for managing available funds in accordance with the labor categories and rates incorporated into this contract. The Government is not obligated to reimburse the contractor for costs incurred in excess of the not-to-exceed ceiling price specified in this contract.

Related to CONTRACT CEILING PRICE

  • Market Value Adjustment 16 3.07 Transfer of Current Value from the Funds or AG Account ............ 17 3.08 Notice to the Certificate Holder .................................. 18 3.09 Loans ............................................................. 18 3.10 Systematic Withdrawal Option (SWO) ................................ 18 3.11

  • Price Adjustment Civil works contracts of long duration (more than 18 months) shall contain an appropriate price adjustment clause.

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