Minimum Contract Value definition

Minimum Contract Value means 10% of the Maximum Contract Value.
Minimum Contract Value means $20,000.00 (excluding Applicable Taxes).
Minimum Contract Value means 10%.

Examples of Minimum Contract Value in a sentence

  • In the event that Canada does not request work in the amount of the Minimum Contract Value during the period of the Contract, Canada must pay the Contractor the difference between the Minimum Contract Value and the total cost of the Work requested.

  • Canada's obligation under the Contract is to request Work in the amount of the Minimum Contract Value or, at Canada's option, to pay the Contractor at the end of the Contract in accordance with paragraph 3.

  • Canada's obligation under the Contract is to request Work in the amount of the Minimum Contract Value or, at Canada's option, to pay the Contractor at the end of the Contract in accordance with sub-article (c), subject to sub-article (d).

  • In the event that Canada does not request work in the amount of the Minimum Contract Value during the Contract Period, Canada must pay the Contractor the difference between the Minimum Contract Value and the total cost of the Work requested.

  • COMPENSATION TO BE PAID TO CONTRACTOR – In accordance with the Contract Documents, the County will pay and the Contractor will accept, in full consideration for the performance of the Contract, the Unit Prices set forth in the Construction Task Catalog® (CTC) as defined in each Job Order Detailed Scope of Work (Work), subject to additions, deductions, procedures for payment, and the following Adjustment Factors: Normal Working Hours Adjustment Factor There is no Minimum Contract Value.


More Definitions of Minimum Contract Value

Minimum Contract Value means 5%.
Minimum Contract Value means 5 % of the Maximum Contract Value on the date the contract is first issued.
Minimum Contract Value means $20,000.00.
Minimum Contract Value means $to be inserted at contract award.
Minimum Contract Value means ten percent (10%) of the Maximum Contract Value.
Minimum Contract Value means 2% of the amount identified as the Total Estimated Cost on page 1 of the Contract when it is first awarded.
Minimum Contract Value means 5% ($ To be determined) of each Maximum Contract Value ($ To be determined).