Guaranteed Contract Amount Sample Clauses

Guaranteed Contract Amount. The Government’s minimum obligation will be satisfied with an initial $2,500 Firm Fixed Price Order to attend a Post Award Conference (CLIN 0012) as described in the Post Award Conference Clause (Clause C11X).
AutoNDA by SimpleDocs
Guaranteed Contract Amount. With the award of the IDIQ contract, a task order shall be issued for the minimum guarantee of $2,500. If the cumulative value of any additional task orders (including orders issued under the base and any exercised optional ordering period) issued to the contractor is less than the minimum guaranteed amount, the contractor may invoice for the remaining minimum guarantee. If the cumulative value of any additional task orders (including both the base and any exercised optional ordering period) issued to the contractor exceeds the minimum guarantee, the government will issue a no-cost cancellation on the first order with no liability to either party.
Guaranteed Contract Amount. The minimum guarantee for the IDIQ is $2,500. Task Order 0001 will be issued under each contract under the MATOC. The Task Order will satisfy the minimum guarantee. If the cumulative value of any additional task orders issued to the contractor is less than the minimum guaranteed amount, the contract may invoice for the remained of the minimum guarantee. If the cumulative value of any additional task orders issued to the contractor exceeds the minimum guarantee, Task Order 0001 will be de-obligated and closed at no additional cost or liability to either party.
Guaranteed Contract Amount. The minimum guarantee for the contract is $2,500. A task order will be issued under each contract under the MATOC to meet the requirements of the minimum guarantee. If the cumulative value of any additional task orders issued to the contractor exceeds the minimum guarantee, the minimum guarantee task order will be de-obligated and closed at no additional cost or liability to either party. Funds are currently available for the minimum guarantee task orders.

Related to Guaranteed Contract Amount

  • CONTRACT AMOUNT Compensation amount(s), when stated in this Bid Specifications, shall not be construed as either the maximum or minimum amount which Department shall be obligated to accept as the result of this Bid Specifications or any Agreement entered into as a result of this Bid Specifications.

  • Maximum Contract Amount 4.4.1. Notwithstanding any other provision of this Agreement, the City’s maximum payment obligation will not exceed ($_) (the “Maximum Contract Amount”). The City is not obligated to execute an agreement or any amendments for any further services, including any services performed by the Contractor beyond that specifically described in Exhibit A. Any services performed beyond those in Exhibit A or performed outside the Term are performed at the Contractor’s risk and without authorization under this Agreement.

  • Total Contract Amount The contract total for services shall not exceed $1,200,000. Pricing shall be per Exhibit F attached.

  • Guaranteed Maximum Costs The City’s payment obligation to Contractor cannot at any time exceed the amount certified by City’s Controller for the purpose and period stated in such certification. Absent an authorized Emergency per the City Charter or applicable Code, no City representative is authorized to offer or promise, nor is the City required to honor, any offered or promised payments to Contractor under this Agreement in excess of the certified maximum amount without the Controller having first certified the additional promised amount and the Parties having modified this Agreement as provided in Section 11.5, “Modification of this Agreement.”

  • Guaranteed Energy Production (A) Throughout the Delivery Term, Seller shall be required to provide to Buyer an amount of Delivered Energy plus Deemed Delivered Energy, if any, no less than the Guaranteed Energy Production over two (2) consecutive Contract Years during the Delivery Term (“Performance Measurement Period”). “

  • Payment and Contract Price C1 Contract Price

  • PAYMENT AND CONTRACT PRICE C1 Contract Price C2 Payment and VAT C3 Recovery of Sums Due C4 Contract Price During Extension of the Initial Contract Period C5 Euro

  • QUANTITY BASIS OF CONTRACT – NO GUARANTEED QUANTITIES The contract established has no guarantee of any specific quantity and the State is obligated only to buy that quantity which is needed by its agencies.

  • Basis of Guaranteed Maximum Price The Design-Builder shall include with the GMP Proposal a written statement of its basis, which shall include:

  • Maximum Obligation Contract Enter total maximum obligation for total duration of this contract (or new total if Contract is being amended). $ . PROMPT PAYMENT DISCOUNTS (PPD): Commonwealth payments are issued through EFT 45 days from invoice receipt. Contractors requesting accelerated payments must identify a PPD as follows: Payment issued within 10 days % PPD; Payment issued within 15 days % PPD; Payment issued within 20 days % PPD; Payment issued within 30 days % PPD. If PPD percentages are left blank, identify reason: agree to standard 45 day cycle statutory/legal or Ready Payments (M.G.L. c. 29, § 23A); only initial payment (subsequent payments scheduled to support standard EFT 45 day payment cycle. See Prompt Pay Discounts Policy.)

Time is Money Join Law Insider Premium to draft better contracts faster.