Original Contract Value definition

Original Contract Value means the sum stated in the letter of Acceptance/Contract Agreement.
Original Contract Value means the sum stated in the Work Order/Contract Agreement.
Original Contract Value means the sum stated in the letter of

Examples of Original Contract Value in a sentence

  • Original Contract Value/ Modified Contract Value: y coordinate, in thousands of dollars.

  • The following table provides a summary of the Contractor’s requests for payment, and the resulting percent complete: Original Contract Value Project percent complete based on time elapsedThe contract time to the EPA required milestone for the BAF treatment system completion is 1186 calendar days.

  • GENERAL RULES & DIRECTIONS Officer Inviting Tender Regional Manager Maximum works that can be executed under the contract Up to 125 % of Original Contract Value.

  • Estimated Original Contract Value The estimated valuation of the works to be carried out or the estimated contract value at the commencement date of the Contract Works.

  • This Condition shall apply to the Contract provided that the Estimated Original Contract Value is £1,000,000 or more and for the purpose of Paragraph 63 of The Joint Code, if the Estimated Original Contract Value exceeds £1,000,000 it shall be deemed to be a large project.

  • The maximum We will pay in respect of any one loss under this Extension shall not exceed 10% of the Estimated Original Contract Value.

  • If the tenderer is lowest in two tenders of NIT Values of Rs. 6 Crores and Rs. 12 Crores respectively and he is executing the work in (ADI – MSH GC Project) of unfinished value of Rs. 6 Crores (Original Contract Value is Rs. 10 Crores and Gross payment received is Rs. 4 Crores) then: Minimum bid capacity required is of Rs. 24 Crores [Rs. 18 Crores (total NIT Values of two tenders where the tenderer is lowest) + Rs. 6 Crores (Unfinished Value of ongoing contract)].

  • In case, the contractor does not achieve a particular milestone or the re-scheduled milestone(s), payment @0.25% of Original Contract Value per week shall be withheld against that milestone, to be adjusted against the compensation levied at the final grant of Extension of Time.

  • Original Contract Value $ 8,215,100.00SUBMISSION DATE 214 North Duke Street Lancaster, PA 17602 p | 717.393.3211 f|717.393.3212 www.marottamain.comCVSD - Brownstown GC - Lobar, Inc.

  • Project city/agency/other: Contact name: Phone: Project award date: Original Contract Value: Term of Contract: 1) Status of contract: 2) Identify claims/litigation or settlements associated with the contract: By signing this Form entitled “Status of Past and Present Contracts,” I am affirming that all of the information provided is true and accurate.


More Definitions of Original Contract Value

Original Contract Value. NTE CURRENT OR COMPLETED CONTRACT VALUE: (contractor may update) _________________________ PERIOD OF PERFORMANCE: COMPETITIVE/NONCOMPETITIVE/FOLLOW-ON (circle, underline or highlight appropriate description) PROGRAM TITLE: KIV-7 CONTRACT EFFORT DESCRIPTION: (unclassified - as provided in solicitation package and completed as part of the award document) PLACE OF PERFORMANCE: Torrance, CA POINT OF CONTACT/PHONE NUMBER: CONTRACTING OFFICER: PROGRAM MANAGER:

Related to Original Contract Value

  • Total Contract Value means contract value plus statutory dues like GST etc. and any other amount payable under contract.

  • Annual Contract Value or “ACV” means the net subscription fee for one (1) year as defined in the Order Form for a specific Customer.

  • Contract Value means that portion of the Contract Price adjusted to give effect to such additions or deductions as are provided for in the Contract which is properly apportion-able to the Goods or Services in question.

  • The Contract Value means the amount payable to the Bidder under the contract for the full and proper performance of its contractual obligations.

  • Minimum Contract Value means 10% of the Maximum Contract Value.

  • Maximum Contract Value means the amount specified in the "Limitation of Expenditure" clause set out in the Contract; and

  • Average Contract Value means the higher of (inclusive of carbon tax but exclusive of goods and services tax) the (i) average of the total amount payable by the Consumer to the Retailer based on the average electricity consumption of three (3) months (before the date of termination) or (ii) the total amount payable by the Consumer to the Retailer based on the Declared Monthly Consumption.

  • Original contract price means the award price of the contract; or, for requirements contracts, the price payable for the estimated total quantity; or, for indefinite-quantity contracts, the price payable for the specified minimum quantity. Original contract price does not include the price of any options, except those options exercised at the time of contract award.

  • Original Contract means the initial contract or price agreement solicited and awarded during a cooperative procurement by an administering contracting agency.

  • Original Pool Balance means the Pool Balance as of the Cutoff Date.

  • Original contractor means a person, including an owner-builder, that contracts with an owner to provide preconstruction service or construction work.

  • Remaining Present Value means, as of any date with respect to any lease, the present value as of such date of the scheduled future lease payments with respect to such lease, determined with a discount rate equal to a market rate of interest for such lease reasonably determined at the time such lease was entered into.

  • Approximate original contour means that surface configuration achieved by backfilling and grading of the mined area so that the reclaimed area, including any terracing or access roads, closely resembles the general surface configuration of the land prior to mining and blends into and complements the drainage pattern of the surrounding terrain, with all highwalls and spoil piles eliminated. Water impoundments may be permitted where the board determines that they are in compliance with section 34-33-120 (2)(h).

  • Original Balance means, with respect to any Receivable coming into existence after the Initial Cutoff Date, the Outstanding Balance of such Receivable on the date it was created.

  • Original Principal Balance Any of the Original Principal Balances of the Classes of Class A Certificates as set forth in Section 11.05; the Original Class B-1 Principal Balance, Original Class B-2 Principal Balance, Original Class B-3 Principal Balance, Original Class B-4 Principal Balance, Original Class B-5 Principal Balance or Original Class B-6 Principal Balance as set forth in Section 11.15.

  • Pool Balance means, as of any date, the aggregate Principal Balance of the Receivables (exclusive of all Administrative Receivables for which the Servicer has paid the Administrative Purchase Payment, Warranty Receivables for which the Seller has paid the Warranty Purchase Payment and Defaulted Receivables) as of the close of business on such date.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Additional Balance as to any Mortgage Loan means the aggregate amount of all additional borrowings by the mortgagor under the relevant Credit Line Agreement after the Cut-off Date for the Mortgage Loan.

  • Worst Value means, in respect of a ST Valuation Date, the RI Value for the Reference Item(s) with the lowest or equal lowest RI Value for any Reference Item in the Basket in respect of such ST Valuation Date.

  • Initial Principal Balance means, in respect of a Receivable, the amount advanced under the Receivable toward the purchase price of the Financed Vehicle and related costs, including accessories, service and warranty contracts, insurance premiums, other items customarily financed as part of retail motor vehicle loans and/or retail installment sales contracts and other fees charged by the Transferor or Dealer and included in the amount to be financed, the total of which is shown as the initial principal balance in the note and security agreement or retail installment sale contract evidencing and securing such Receivable.

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Initial Pool Balance means the Pool Balance as of the Cut-off Date, which is $ .

  • Net Pool Balance means, as of any date, the aggregate Outstanding Principal Balance of all Receivables (other than Defaulted Receivables) of the Issuer on such date.

  • Annual Balanced Budget means that, in each Funding Year of the term of this Agreement, the total revenues of the HSP are greater than or equal to the total expenses, from all sources, of the HSP;