Value of the contract definition

Value of the contract means the Works Project contract sum (accepted contract amount) less provisional sums, contingencies and VAT.
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Value of the contract means the dollar amount or equivalent benefit expended or received by the State in accordance with the contract; whereas, the “cost to the State for a contract” means the dollar amount or equivalent benefit expended by the State in accordance with the contract. FORM 1 STATE OF CONNECTICUT OFFICE OF POLICY AND MANAGEMENT UNIVERSITY OF CONNECTICUT HEALTH CENTER Policies and Guidelines Gift Certification Bid 4-1815 Gift certification to accompany State Contracts with a value of $50,000 or more in a calendar or fiscal year,, pursuant Conn. Gen. Stat. §§ 4-250 and 252, and Governor X. Xxxx Xxxx’s Executive Order No. 7C, para. 10. I, , am authorized to execute the attached contract on behalf of (the “Contractor”). I Herby certify that between (planning date) and (date of execution of the attached contract) that neither the Contractor, nor any of its principals or key personnel who participated directly, extensively and substantially in the preparation of the bid or proposal (if applicable) or in the negotiation of this contract, nor any agent of the above, gave a gift, as defined in Conn. Gen. Stat. § 1-79(e), including a life event gift as defined in Conn. Gen.
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Value of the contract means the cumulative total value of all Purchase Orders less VAT over the
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Examples of Value of the contract in a sentence

  • Assignment name: Value of the contract (in current INR): Country: Name of City/ Cities: Duration of assignment (months): Name of Client: Total No of staff-months of the assignment: Address: Approx.

  • Tender Inviting and Accepting Authority can amend the scope & Value of the contract bid under this NIT.

  • Assignment name: Value of the contract (in current INR): Country: Duration of assignment (months): Name of Client: Total No of staff-months of the assignment: Address:Approx.

  • Therefore, the counterparty sends only the Val- uation report on the following day reporting the change in the Value of the contract and the additional VM of 200.

  • Where the Total Value of the contract exceeds £250,000, the Officer must make a written report to the relevant Committee evaluating the extent to which the purchasing need and the contract objectives (as determined in accordance with Rule 5.2) were met by the contract.

  • Prime Contractor: The organisation/bidder named on the Contract Form, whose offer has been accepted by the NORTDA Sub-Contract/Contractor: means the primary supplier/successful bidder's assigning, leasing, making out work to, or employing another person to support such primary supplier/successful bidder in the execution of part of a project in terms of the contract; Value of the contract: The contract sum (accepted contract amount) less provisional sums, contingencies and VAT.

  • Bank Guarantee from a reputed bank for 3 % (Three) of Annual Value of the contract as performance guarantee.

  • This certificate is limited to the Estimated Annual Value of the contract, although the Surety may provide payment and performance bonds that, in total, exceed the Estimated Annual Value of the contract.

  • Subject to sections 28(3), 30(3), 73 and 74, an exploration permit remains in force for 5 years commencing on the day on which it was granted or last renewed.

  • An exception is raised if the system finds that a fair value has not been confirmed or if it is non-existent.Revaluation during Contract Termination During contract Termination, revaluation will be triggered at Fair Value of the contract, captured at the time of terminating the contract.


More Definitions of Value of the contract

Value of the contract means the dollar amount or equivalent benefit expended or received by the State in accordance with the contract; whereas, the “cost to the State for a contract” means the dollar amount or equivalent benefit expended by the State in accordance with the contract. FORM 1 Revised 7/01/06 STATE OF CONNECTICUT OFFICE OF POLICY AND MANAGEMENT Policies and Guidelines GIFT CERTIFICATION Gift certification to accompany State Contracts with a value of $50,000 or more in a calendar or fiscal year, pursuant Conn. Gen. Stat. §§ 4-250 and 4-252, and Governor X. Xxxx Xxxx’s Executive Order No. 7C, para. 10. I, (Type/Print Name, Title and Name of Firm or Corporation), am authorized to execute the attached contract on behalf of (the Name of Firm or Corporation) (the “Contractor”). I hereby certify that between (mm/dd/yy) (planning date) and (mm/dd/yy) (date of the execution of the attached contract) that neither I, myself, the Contractor, nor any of its principals or key personnel who participated directly, extensively and substantially in the preparation of the bid or proposal (if applicable) or in the negotiation of this contract, nor any agent of the above, gave a gift, as defined in Conn. Gen. Stat. § 1-79(e), including a life event gift as defined in Conn. Gen. Stat. § 1-79(e)(12), to (1) any public official or state employee of the contracting state agency or quasi-public agency who participated directly, extensively, and substantially in the preparation of the bid solicitation or request for proposals for the contract (if applicable) or in the negotiation or award of this contract; or (2) any public official or state employee of any other state agency who has supervisory or appointing authority over the state agency or quasi-public agency executing this contract, except the gifts listed below: Name of Benefactor Name of recipient Gift Description Value Date of Gift List information here Further, neither I nor any principals or key personnel of the Contractor, nor any agent of the above, knows of any action by Contractor to circumvent such prohibition on gifts by providing for any other principals, key personnel, officials, employees of Contractor, nor any agent of the above, to provide a gift to any such public official or state employee. Further, the Contractor made its bid or proposal without fraud or collusion with any person. Sworn as true to the best of my knowledge and belief, subject to the penalties of false statement. Signature Date Sworn and subscribed befo...
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Value of the contract means the dollar amount or equivalent benefit expended or received by the State in accordance with the contract; whereas, the “cost to the State for a contract” means the dollar amount or equivalent benefit expended by the State in accordance with the contract.
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Value of the contract means the contract sum (accepted contract amount) less provisional sums, contingencies and VAT. ContractPart C3: Scope of Work Reference No. 182Q/2019/20440C3.5Management
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Related to Value of the contract

  • Value of Contract means the sum accepted or the sum calculated in accordance with the prices accepted in Tender and/or the Contract rates as payable to the Contractor for the entire execution and full completion of the work.

  • value of materials means the customs value at the time of importation of the non-originating materials used, or, if this is not known and cannot be ascertained, the first ascertainable price paid for the materials in the exporting Party;

  • Commencement Date of the Contract means the date of signing of the Contract between the Purchaser and the Contractor.

  • value of originating materials means the value of such materials as defined in subparagraph (g) applied mutatis mutandis;

  • Value of Bonus means the amount indicated in the Order Form, which is calculated by multiplying the Commitment Value and the Bonus.

  • Covered contract means a DoD prime contract for an amount exceeding the simplified acquisition threshold, except for a fixed-price contract without cost incentives. The term also includes a subcontract for an amount exceeding the simplified acquisition threshold, except for a fixed-price subcontract without cost incentives under such a prime contract.

  • Fair Market Value Per Share means as of any date the fair market value of each of the Shares on such date (the "applicable date") as determined by the Option Committee in good faith. The Option Committee is authorized to make its determination as to the fair market value on the following basis: (i) if the Shares are not traded on a securities exchange and are not quoted on the National Association of Securities Dealers, Inc.'s Automated Quotation System ("NASDAQ"), but are quoted on the Over The Counter Electronic Bulletin Board operated by NASDAQ, "Fair Market Value per Share" shall be the mean between the average daily bid and average daily asked prices of the Shares on the applicable date, as published on such bulletin board; (ii) if the Shares are not traded on a securities exchange and are quoted on NASDAQ, "Fair Market Value per Share" shall be the closing transaction price of the Shares on the applicable date, as reported on NASDAQ; (iii) if the Shares are traded on a securities exchange, "Fair Market Value per Share" shall be the daily closing price of the Shares, on such securities exchange as of the applicable date; or (iv) if the Shares are traded other than as described in (i), (ii) or (iii) above, or if the Shares are not publicly traded, "Fair Market Value per Share" shall be the value determined by the Option Committee in good faith based upon the fair market value as determined by completely independent and well qualified experts. In the case of Shares described in (i), (ii) or (iii) above, if no prices are reported for the Shares on the applicable date, the "Fair Market Value per Share" shall be the price reported for such Shares on the next preceding date on which there were reported prices.

  • Day-ahead Scheduling Reserves Market means the schedule of commitments for the purchase or sale of Day-ahead Scheduling Reserves developed by the Office of the Interconnection as a result of the offers and specifications submitted in accordance with Operating Agreement, Schedule 1, section 1.10 and the parallel provisions of Tariff, Attachment K-Appendix.

  • Three-Month Term SOFR Conventions means any determination, decision or election with respect to any technical, administrative or operational matter (including with respect to the manner and timing of the publication of Three-Month Term SOFR, or changes to the definition of “Floating Interest Period”, timing and frequency of determining Three-Month Term SOFR with respect to each Floating Interest Period and making payments of interest, rounding of amounts or tenors, and other administrative matters) that the Company decides may be appropriate to reflect the use of Three-Month Term SOFR as the Benchmark in a manner substantially consistent with market practice (or, if the Company decides that adoption of any portion of such market practice is not administratively feasible or if the Company determines that no market practice for the use of Three-Month Term SOFR exists, in such other manner as the Company determines is reasonably necessary).

  • Best Value Duty means the duty imposed on the Authority by Part 1 of the 1999 Act and under which the Authority is under a statutory duty to continuously improve the way its functions are exercised, having regard to a combination of economy, efficiency and effectiveness and to the guidance issued from time to time by the Secretary of State, the Audit Commission and the Chartered Institute of Public Finance and Accountancy pursuant to, or in connection with, Part 1 of the 1999 Act.

  • Affordability average means the average percentage of median income at which restricted units in an affordable housing development are affordable to low- and moderate-income households.

  • Non-bid Basis means a contract awarded or executed by the Commonwealth with Contractor without seeking bids or proposals from any other potential bidder or offeror.

  • Day Count Convention Fixed rate period: 30/360. Floating rate period: 360-day year and the number of days actually elapsed.

  • Reference Dealers means leading dealers, banks or banking corporations, which deal in the TRY/USD exchange market, selected by the Calculation Agent in its sole discretion, acting in good faith and in a commercially reasonable manner;

  • Federal-Aid Contract means a contract in which the United States (federal) Government provides financial funding as so designated in the Information for Bidders.

  • Evidence-based practice means programs or practices that are supported by research methodology and have produced consistently positive patterns of results when replicated within the intent of the published guidance.

  • CFD Contract or "CFD" shall mean a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • Prepaid contract means any Contract that has terminated or been prepaid in full prior to its scheduled expiration date (including because of a Casualty Loss), other than a Defaulted Contract.

  • APR means, with respect to any Receivable, the annual percentage rate of interest stated in such Receivable.

  • Value Date means, with respect to any FX Transaction, the Business Day (or where market practice in the relevant foreign exchange market in relation to the two Currencies involved provides for delivery of one Currency on one date which is a Local Banking Day in relation to that Currency but not to the other Currency and for delivery of the other Currency on the next Local Banking Day in relation to that other Currency ("Split Settlement") the two (2) Local Banking Days in accordance with that market practice) agreed by the Parties for delivery of the Currencies to be purchased and sold pursuant to such FX Transaction, and, with respect to any Currency Obligation, the Business Day (or, in the case of Split Settlement, Local Banking Day) upon which the obligation to deliver Currency pursuant to such Currency Obligation is to be performed.

  • Net Xxxx-to-Market Exposure of a Person means, as of any date of determination, the excess (if any) of all unrealized losses over all unrealized profits of such Person arising from Rate Management Transactions. “Unrealized losses” means the fair market value of the cost to such Person of replacing such Rate Management Transaction as of the date of determination (assuming the Rate Management Transaction were to be terminated as of that date), and “unrealized profits” means the fair market value of the gain to such Person of replacing such Rate Management Transaction as of the date of determination (assuming such Rate Management Transaction were to be terminated as of that date).

  • Regulated Rate Tariff means a regulated rate tariff for the provision of Electricity Services to eligible customers prepared by EDTI, or a person with whom EDTI makes arrangements to do so, pursuant to section 102 of the Act;

  • Market Value per Share means, as of any particular date, the closing price of a Common Share as reported for that date on the New York Stock Exchange or, if the Common Shares are not then listed on the New York Stock Exchange, on any other national securities exchange on which the Common Shares are listed, or if there are no sales on such date, on the next preceding trading day during which a sale occurred. If there is no regular public trading market for the Common Shares, then the Market Value per Share shall be the fair market value as determined in good faith by the Committee. The Committee is authorized to adopt another fair market value pricing method provided such method is stated in the applicable Evidence of Award and is in compliance with the fair market value pricing rules set forth in Section 409A of the Code.

  • Market Stand-Off" Agreement..................................... 10

  • Insured Contract means any written:

  • Covered Building Service Contract means a contract or subcontract to provide Building Services to the City of Cambridge or any of its departments or subdivisions.