Examples of Threshold in a sentence
The minimum dollar limitation for an individual task order must exceed the Simplified Acquisition Threshold as defined in FAR Subpart 2.101, as amended.
Following Customer’s receipt of the Threshold Notice, Company and Customer shall consult and Customer shall determine whether it wishes to (a) deliver an unconditional written direction to Company to complete the Company Work (“Notice to Proceed”) or (b) terminate this Agreement for convenience by delivering a written notice thereof to Company (“Convenience Termination Notice”).
Upon issuance of the Threshold Notice, Company shall suspend performance of the Company Work pending Company’s receipt of a Notice to Proceed (as defined below).
Pursuant to CalOptima Policies, County shall provide translation of written materials in the Threshold Languages and Concentration Languages, as identified by CalOptima.
In the event that Customer does not deliver either a Notice to Proceed or a Convenience Termination Notice on or before one hundred twenty (120) days following the date of the Threshold Notice, this Agreement, at Company’s election, shall be deemed terminated for convenience by Customer.