Cost Plus Proposal Request Sample Clauses

Cost Plus Proposal Request. If the cost type of an SWO is “cost plus,” the Contractor will prepare a Cost Plus Proposal for completion of the relevant Work.
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Cost Plus Proposal Request. ‌ The Contractor will prepare a Cost Plus Proposal for completion of the relevant Work. Cost Plus Proposal Contents.‌ Contractor shall not include any costs in the Cost Plus Proposal that are not allowed pursuant to this Agreement. For example, the Cost Proposal must utilize the correct Prevailing Wage classifications when determining labor rates. The use of a higher Prevailing Wage classification for labor rates (i.e. utilizing plumber rates for landscaping work), or any other increase in labor rates, is not permitted without a detailed justification and written approval by the Judicial Council’s Project Manager. Approval/Cancellation.‌ At the Judicial Council’s sole discretion, the Judicial Council may (i) approve the Cost Plus Proposal and the Contractor will complete the Work as specified in the Cost Plus Proposal or (ii) cancel the TO. Cost Plus Work Documentation.‌ The Contractor shall ensure its Cost Plus Work documentation includes documentation for cost control and labor costs. Exceeding the Original Applicable Maximum Approved Cost.‌ If the Contractor has commenced a Cost Plus TO and becomes aware that completion of the TO may exceed the original applicable Maximum Approved Cost, Contractor shall immediately notify the Judicial Council and provide the Judicial Council with justification for the additional cost. Additional Cost.‌ If the Judicial Council agrees with the justification for additional cost, the Judicial Council may (i) re-issue the TO with a new Maximum Approved Cost, or (ii) cancel the TO. Maximum Approved Cost in Excess of $100,000.‌ Any TO with a proposed Maximum Approved Cost in excess of $100,000 must have the approval of the Facility Services Manager. Any TO with a Maximum Approved Cost in excess of $100,000 without the written approval of the Facility Services Manager shall be considered void and will not be paid by the Judicial Council.
Sample 1

Related to Cost Plus Proposal Request

  • Acquisition Proposals (a) The Company shall, and shall cause its Subsidiaries, and its and their officers, directors, employees, financial advisors, attorneys, accountants and other advisors, representatives and agents (collectively, “Representatives”) to, immediately cease and cause to be terminated immediately any activities, discussions or negotiations with any Persons that may be ongoing with respect to, or that could reasonably be expected to lead to, an Acquisition Proposal (defined below). The Company also agrees that it will promptly request each Person that has heretofore executed a confidentiality agreement in connection with its consideration of any Acquisition Proposal to return or destroy all confidential information heretofore furnished to such Person by or on behalf of it or any of its Subsidiaries, subject to the terms and conditions of such confidentiality agreements. As of the date hereof and prior to the Effective Time or earlier termination of this Agreement in accordance with Article VIII, the Company shall not, nor shall it permit any of its Subsidiaries to, nor shall it or its Subsidiaries authorize any of their respective Representatives to, and the Company and each Subsidiary shall use their respective reasonable best efforts to cause the Representatives not to, directly or indirectly, (i) initiate, solicit, encourage or take any other action to knowingly facilitate (including by way of furnishing information) any inquiries regarding, or the making of any proposal which constitutes, any Acquisition Proposal, (ii) enter into any agreement, arrangement or understanding related to any Acquisition Proposal or enter into any agreement, arrangement or understanding requiring it to abandon, terminate or fail to consummate the Merger or any other transaction contemplated by this Agreement, (iii) initiate or participate in any way in any negotiations or discussions regarding an Acquisition Proposal or any inquiry or proposal that constitutes, or could reasonably be expected to lead to, an Acquisition Proposal or (iv) amend or grant any waiver or release under any standstill or any similar agreement with respect to any class of the Company’s equity securities; provided, however, that, with respect to a bona fide, unsolicited written Acquisition Proposal made after the date hereof that does not result from a breach of this Section 6.3, at any time prior to obtaining the Company Stockholder Approval, the Company shall be entitled to (x) furnish information with respect to the Company and its Subsidiaries to the Person making such Acquisition Proposal (and its Representatives) pursuant to a customary confidentiality agreement containing provisions not less restrictive of such Person than those in the Confidentiality Agreement (defined in Section 9.7), provided that all such information has previously been provided to Parent or is provided to Parent prior to or substantially concurrent with the time it is provided to such Person, and (y) participate in discussions or negotiations with the Person making such Acquisition Proposal (and its Representatives) regarding such Acquisition Proposal, in each case commencing one business day after delivery of a written notice to Parent that it intends to furnish such information or enter into such discussions or negotiations (a “Determination Notice”), if (but only if) the Board of Directors of the Company has determined in good faith by the date on which the Determination Notice is given (A) after consultation with a financial advisor of nationally recognized reputation, that the Acquisition Proposal constitutes or would reasonably be expected to lead to a Superior Proposal (defined below) and (B) after consultation with outside legal counsel, that the failure to provide such information or enter into such discussions or negotiations would present a reasonably substantial risk of a breach of the fiduciary duties of the Company’s Board of Directors to the Company’s stockholders under applicable Law. Without limiting the foregoing, it is agreed that any violation of any provision or term in the preceding sentence by any Representative of the Company or any of its Subsidiaries shall be a breach of this Section 6.3(a) by the Company. The Company agrees that it will take the necessary steps to promptly inform the Representatives of the Company and its Subsidiaries of the obligations undertaken in this Section 6.3 and in the Confidentiality Agreement.

  • Financial Proposal Tender Forms – prices

  • Technical Proposal The technical proposal may be presented in free format. It shall not exceed ten pages, not counting the CVs. It shall respect the following page limit and structure: • Technical methodology (max. 7 pages) • Quality management (max. 1 page) • Project management (max. 1 page) • Resource management (proposal (max. 1 page) + CVs of experts)

  • Proposal of Corrective Action Plan In addition to the processes set forth in the Contract (e.g., service level agreements), if the Department or Customer determines that there is a performance deficiency that requires correction by the Contractor, then the Department or Customer will notify the Contractor. The correction must be made within a time-frame specified by the Department or Customer. The Contractor must provide the Department or Customer with a corrective action plan describing how the Contractor will address all performance deficiencies identified by the Department or Customer.

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