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Common use of Contractual Responsibilities Clause in Contracts

Contractual Responsibilities. New GSA GWAC Contractor assigned through an Anti-Assignment Exception‌ A newly Novated Contractor shall have the same contractual responsibilities as the transferor had, including but not limited to: 1) Complete documentation of previously awarded open, expired and closed out Task Orders for purposes of Government’s audit; 2) Assumption of all unresolved expired Task Orders that were not closed out; 3) Paying any Overdue CAF owed by the acquired Contractor; 4) Acceptance of the previously negotiated acquired contract pricing; 5) Approval of the minimum Master Contract Subcontract socio-economic goals; 6) Contractor Engagement - Should the new Contractor be assigned via a Novation, they must comply to the Contractor Engagement PBA requirements meeting the Participation and Production Standards for the year the Contractor was assigned onto the Master Contract, as described in Sections C.7.1 and H.19. However, there is an Acceptable Quality Level (AQL) that will be provided for a newly Novated Contractor, which will allow for more than a single contract year to meet Production Standards for the following contract year and allow for less than the standard three Participation credits in the contract year the Contractor is Novated. For example, if the Master Contract assignment is executed in the sixth month of contract year three, the Contractor shall meet the minimum cumulative dollar Production Standard required and noted in Attachment J-5.A for contract year four no later than the end of that contract year four. Additionally, the Contractor must have a minimum of one Participation credit for each full third of a contract year (four months) in the contract year they are officially Novated onto the Master Contract. For example, if the Novation is executed in the sixth month of contract year three, then the Contractor is required to have Participated a minimum of one time for that contract year since only one full third of one year remains in contract year three.

Appears in 6 contracts

Samples: Master Contract, Master Contract, Master Contract

Contractual Responsibilities. New GSA GWAC Contractor assigned through an Anti-Assignment Exception‌ A newly Novated Contractor shall have the same contractual responsibilities as the transferor had, including but not limited to:Exception 1) Complete documentation of previously awarded open, expired and closed out Task Orders for purposes of Government’s audit; 2) Assumption of all unresolved expired Task Orders that were not closed out; 3) Paying any Overdue CAF owed by the acquired Contractor; 4) Acceptance of the previously negotiated acquired contract pricing; 5) Approval of the minimum Master Contract Subcontract socio-economic goals; 6) Contractor Engagement - Should the new Contractor be assigned via a Novation, they must comply to the Contractor Engagement PBA requirements meeting the Participation and Production Standards for the year the Contractor was assigned onto the Master Contract, as described in Sections C.7.1 and H.19. However, there is an Acceptable Quality Level (AQL) that will be provided for a newly Novated Contractor, which will allow for more than a single contract year to meet Production Standards for the following contract year and allow for less than the standard three Participation credits in the contract year the Contractor is Novated. For example, if the Master Contract assignment is executed in the sixth month of contract year three, the Contractor shall meet the minimum cumulative dollar Production Standard required and noted in Attachment J-5.A for contract year four no later than the end of that contract year four. Additionally, the Contractor must have a minimum of one Participation credit for each full third of a contract year (four months) in the contract year they are officially Novated onto the Master Contract. For example, if the Novation is executed in the sixth month of contract year three, then the Contractor is required to have Participated a minimum of one time for that contract year since only one full third of one year remains in contract year three.

Appears in 1 contract

Samples: Master Contract

Contractual Responsibilities. New GSA GWAC Contractor assigned through an Anti-Assignment Exception‌ A newly Novated Contractor shall have the same contractual responsibilities as the transferor had, including but not limited to: 1) Complete documentation of previously awarded open, expired and closed out Task Orders for purposes of Government’s audit; 2) Assumption of all unresolved expired Task Orders that were not closed out; 3) Paying any Overdue CAF owed by the acquired Contractor; 4) Acceptance of the previously negotiated acquired contract pricing; 5) Approval of the minimum Master Contract Subcontract socio-economic goals; 6) Contractor Engagement - Should the new Contractor be assigned via a Novation, they must comply to the Contractor Engagement PBA requirements meeting the Participation and Production Standards for the year the Contractor was assigned onto the Master Contract, as described in Sections C.7.1 and H.19. However, there is an Acceptable Quality Level (AQL) that will be provided for a newly Novated Contractor, which will allow for more than a single contract year to meet Production Standards for the following contract year and allow for less than the standard three Participation credits in the contract year the Contractor is Novated. For example, if the Master Contract assignment is executed in the sixth month of contract year three, the Contractor shall meet the minimum cumulative dollar Production Standard required and noted in Attachment J-5.A for contract year four no later than the end of that contract year four. Additionally, the Contractor must have a minimum of one Participation credit for each full third of a contract year (four months) in the contract year they are officially Novated onto the Master Contract. For example, if the Novation is executed in the sixth month of contract year three, then the Contractor is required to have Participated a minimum of one time for that contract year since only one full third of one year remains in contract year three.of

Appears in 1 contract

Samples: Contract