CONTRACT TYPE AND TERM Sample Clauses

CONTRACT TYPE AND TERM. This is a Fixed Rate Contract. The total possible maximum contract period shall not exceed 1 month.

CONTRACT TYPE AND TERM. This is a Fixed Price, Labor Hour Contract with cost reimbursement for Maintenance and Fuel Expense Contract with indefinite delivery, indefinite quantity. The total possible maximum contract period shall not exceed five (5) years and 120 days. The base term of the contract shall be for one (1) year. LTD may opt to extend the contract for not more than four (4) additional years, exercisable in two (2) separate options of twenty four (24)-months each. Any extension of the Term of Contract will be in writing and signed by both Parties to the Contract in the form of a Contract Amendment as set forth in Article 13 below. Subject to any options to extend the base term of the Contract, the selected Contractor will be required to perform until the end of the contract period. The exercise of an option to extend the term of the Contract will not obligate, or be deemed to obligate, LTD to exercise a subsequent option to extend the term of the Contract.

CONTRACT TYPE AND TERM. TWC intends to award a single revenue-generating contract in the Rio Grande City, TX area to a successful Respondent based on the Scope of Work contained herein. The initial contract term for any contract resulting from this RFP will be for two (2) years. TWC may, at its option, amend the Contract for purposes of renewing the contract term for one (1) additional two (2) year period. Prior to the onset of any renewal period, Contractor shall be required to provide evidence that all required insurance and sureties are current and will remain in force throughout the contract term. Any contract resulting from this RFP may also be extended for up to three (3) months during any changeover period as defined herein.

CONTRACT TYPE AND TERM. Master Services Agreement May 1, 2019 – April 30, 2022 Termination Clause: Without cause termination: AHS may terminate without cause by providing a 30 days advance written notice to ▇▇▇▇▇. Total Spend with Vendor: Total Approved Spend with Ellit for Epic Implementation Support 05/01/2019– 12/31/2019 No Action Required $6,297,350 Epic Go Live Support and Training & Staff Augmentation / Consulting 08/22/2019 – 12/31/2019 No Action Required $7,700,000 Epic Optimization and Stabilization 07/01/2020 – 10/31/2020 No Action Required $1,000,000 Total including requested amount: $16,997,350 Estimated Cost Savings: In addition to being the preferred vendor by virtue of a very successful incumbency, ▇▇▇▇▇ has also demonstrated a willingness to offer substantially better rates than those available from competing vendors when pricing staffing positions. Cost differentials are assessed on a per position basis, but recent instances have indicated that AHS is realizing ~ 10-15% savings by using Ellit as compared to other vendors. Fiscal Implications: The preponderance of the requested $2M funding increase has been included in the FY 21 budget. AHS planned and budgeted to replace ▇▇▇▇▇-provided Epic staffing with in-house employed staff, however due to a challenging recruiting environment that is delaying completion of the hiring process we are seeking the additional $1M in funding for Ellit Epic staffing, the cost of which will be primarily offset by the budgeted but currently unfilled permanent positions. Ellit staffing used for the various non-Epic projects and activities again will be offset against the budgeted salaries of the permanent positions being backfilled (i.e. interim positions; temp labor action staffing). While there is generally a higher cost when using temp staffing agencies such as Ellit than the cost of equivalent in- house staff, the very competitive rates offered by Ellit in conjunction with diligent management by AHS leadership are expected to result in no appreciable variance being incurred as a result of this proposed $2M in additional spend. Reasons for Recommendation: Ellit is an established consultancy with proven capacity and expertise to provide the services required by AHS. Successful incumbency has afforded Ellit the opportunity to become very familiar with AHS systems and personnel further enhancing their productivity and ability to meet our demanding expectations going forward. By maintaining our relationship with ▇▇▇▇▇, AHS avoids incurr...