Common use of Adjustments to the Agreement Clause in Contracts

Adjustments to the Agreement. Subsequent funding may be added by approved Department Actions (Form AD-12) to Term Agreements that are not fully funded at the time of execution. Such additional funding, however, shall not cause the total compensation payable pursuant to the Agreement to exceed the maximum compensation ceiling established in Part II, COMPENSATION, at the time of execution of the Agreement. Term Agreements may not be modified or amended to increase either the funding ceiling established in Part II, COMPENSATION, or to extend the duration of the Agreement as stated in Part III, TIME. If the STATE orders a change to either the scope or cost ceiling of an individual Task Order, adjustments resulting therefrom shall be made by a subsequent Task Order.

Appears in 7 contracts

Samples: www.state.nj.us, www.nj.gov, www.state.nj.us

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Adjustments to the Agreement. Subsequent funding may be added by approved Department Actions (Form AD-12) to Term Agreements that are not fully funded at the time of execution. Such additional funding, however, shall not cause the to total compensation payable pursuant to the Agreement to exceed the maximum compensation ceiling established in Part II, COMPENSATION, at the time of execution of the Agreement. Term Agreements may not be modified or amended to increase either the funding ceiling established in Part II, COMPENSATION, or to extend the duration of the Agreement as stated in Part III, TIME. If the STATE orders a change to either the scope or cost ceiling of an individual Task Order, adjustments resulting therefrom shall be made by a subsequent Task Order.

Appears in 6 contracts

Samples: www.nj.gov, www.state.nj.us, www.state.nj.us

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