CONTRACT TERM AND COST Sample Clauses

CONTRACT TERM AND COST. The term of this contract is from February 1, 2018 through June 30, 2021 and the maximum dollar value of this contract shall not exceed $36,006,532.00 for the contract period. The budget for the period between 7/1/2019 through 6/30/2021 is as specified in Attachment A of this amendment 3 (A3).
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CONTRACT TERM AND COST. The term of this contract is from February 1, 2018 through June 30, 2021 and the maximum dollar value of this contract shall not exceed $39,037,582.00 for the contract period. The budget for FY2021 is as specified below: FY21 Budget FFCRA Expenses Line Item Changes due to Covid19 COVID Hazard Pay New FY2021 Budget SALARIES $ 3,722,077.00 $ 94,500.00 $ (40,000.00) $ 3,776,577.00 FRINGE $ 709,815.00 $ 18,900.00 $ (20,000.00) $ 708,715.00 TOTAL PERSONNEL $ 4,431,892.00 $ 113,400.00 $ (60,000.00) $ 4,485,292.00 OPERATING EXPENSES $ - PAYROLL & PROVIDER $ - PROCESSING $ 80,000.00 $ - $ 15,000.00 $ 95,000.00 Outreach & Training $ 25,000.00 $ - $ 25,000.00 DIRECTED PROGRAM EXPENSE $ 3,600.00 $ - $ 3,600.00 PHONE/FAX $ 50,000.00 $ 10,000.00 $ 15,000.00 $ 75,000.00 OFFICE EXPENSE $ 70,000.00 $ - $ 70,000.00 POSTAGE $ 240,000.00 $ 2,100.00 $ (50,000.00) $ 192,100.00 EQUIPMENT/MAINT $ 35,250.00 $ 50,000.00 $ 85,250.00 IT (Hardware, Support & Software) $ 470,000.00 $ 80,000.00 $ 130,000.00 $ 680,000.00 VEHICLE & TRAVEL EXPENSE $ 110,000.00 $ - $ (50,000.00) $ 60,000.00 FACILITIES (Rent, Utilities, Insurance) $ 200,000.00 $ - $ 200,000.00 FURNITURE $ 11,500.00 $ - $ 11,500.00 LEGAL $ 20,000.00 $ - $ 20,000.00 AUDIT $ 28,000.00 $ - $ 28,000.00 Misc Business Expense $ - $ - TOTAL OPERATING EXPENSES $ 1,343,350.00 $ 142,100.00 $ 60,000.00 $ 1,545,450.00 Fidelity Bond $ 10,000.00 $ - $ - $ 10,000.00 TOTAL PERSONNEL & OPERATING EXPENSES $ 5,785,242.00 $ 255,500.00 $ - $ 6,040,742.00 Overhead $ 578,524.00 $ 25,550.00 $ - $ 604,074.00 $ - 4. Effective on and after June 1, 2019, Part II labeled TERMS AND CONDITIONS of the contract shall be deleted in its entirety and replaced with the following:
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Related to CONTRACT TERM AND COST

  • Contract Term and Termination 14.1 The Contract becomes effective when the Holder / Authorized user receives the card and the PIN and is valid for a period of 60 months with the possibility of being automatically extended for new successive periods of 60 months. If neither party sends the other party a written notification at least 30 days before the expiry of the initial term or of any of the extended terms, specifying that it does not wish to extend the Contract.

  • License Term and Termination Unless otherwise specified, any license granted is perpetual, provided however that if Customer fails to comply with the terms of this Agreement, HP may terminate the license upon written notice. Immediately upon termination, or in the case of a limited-term license, upon expiration, Customer will either destroy all copies of the software or return them to HP, except that Customer may retain one copy for archival purposes only.

  • DURATION/TERM AND CANCELLATION 6.1 Notwithstanding the date of signature hereof, the Commencement Date if this Agreement is ………… and the duration shall be for a ………… […………] year period, expiring on …………, unless: a) this Agreement is terminated by either Party in accordance with the provisions incorporated herein or in any schedules or annexures appended hereto, or otherwise in accordance with law or equity; or b) this Agreement is extended at Transnet’s option for a further period to be agreed by the Parties. 6.2 Notwithstanding clause 22 [Breach and Termination], either Party may cancel this Agreement without cause by giving 30 [thirty] calendar days prior written notice thereof to the other Party, provided that in such instance, this Agreement will nevertheless be applicable in respect of all Purchase Orders which have been placed prior to the date of such cancellation.

  • CONTRACT TERM - RENEWAL In addition to any stated renewal periods in the Contract, any Contract or unit portion thereof let by the Commissioner may be extended by the Commissioner for an additional period(s) of up to one year with the written concurrence of the Contractor and Comptroller. Such extension may be exercised on a month-to-month basis or in other stated periods of time during the one year extension.

  • Contract Term Adjustment “Contract Term Adjustment” means adjustment only as provided for in the three circumstances described in this Subsection. Under these circumstances, the contract term shall be adjusted in writing to include additional calendar days in one or more Normal Operating Seasons equal to the actual time lost, except as limited by paragraph (b) in this Subsection.

  • Contract Term The Contract end date, wherever such reference appears in the Contract, shall be changed from June 18, 2020 to June 18, 2021. The Contract Term may be renewed for one additional one-year period at the discretion of the State. Child Support (Applicable to natural persons only; not applicable to corporations, partnerships or LLCs). Contractor is under no obligation to pay child support or is in good standing with respect to or in full compliance with a plan to pay any and all child support payable under a support order as of the date of this amendment.

  • DEVELOPMENT OR ASSISTANCE IN DEVELOPMENT OF SPECIFICATIONS REQUIREMENTS/ STATEMENTS OF WORK

  • Contract Term Extension “Contract Term Extension” means an extension of the term of this contract, at the request of Purchaser, under this Subsection. This Subsection does not obligate Contracting Officer to grant Contract Term Extension.

  • Agreement Term and Termination This agreement will remain in effect until the expiration or termination of Customer’s Subscription, whichever is earliest. Customer may terminate this agreement at any time by contacting its Reseller. The expiration or termination of this agreement will only terminate Customer’s right to place new orders for additional Products under this agreement.

  • Initial Term and Renewal This Agreement shall become effective upon its execution and, shall have an initial term of five (5) years. Following the expiration of the initial term, the Agreement shall automatically renew for successive one-year terms until such time that the Agreement is terminated by either Party upon giving the other Party six (6) months’ written notice of termination.

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