Common use of DESCRIPTION OF CONTRACT MODIFICATION Clause in Contracts

DESCRIPTION OF CONTRACT MODIFICATION. This Modification is in accordance with Exhibit E-Revised, Contractual Terms and Conditions, Section 4, Option to Extend Term, to be made a part hereof for all pertinent purposes. Modification 4 exercises option year 3 of the contract. Pricing for option year 3 is based on fully burdened labor rates for task orders as indicated in Exhibit A-1, Pricing, Section 7.D Option Year 3 (Contract Year 4). The new Contract expiration date is November 27, 2021. For and in consideration of the amount stated above, which is the final contract modification amount agreed to by both parties, the receipt of and sufficiency of which is hereby acknowledged and confessed. The contractor has released, acquitted, and forever discharged and by the presents does for itself, its successors and assigns release, acquit and forever discharge Capital Metropolitan Transportation Authority (Capital Metro) from and against any claims, debts, demands, or cause of action which the contractor has or may have had a result of furnishing labor, supplies, or materials for the change orders stated above. This modification may be executed in multiple originals, and an executed facsimile shall have the same force and effect as an original document.

Appears in 2 contracts

Samples: app.capmetro.org, app.capmetro.org

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DESCRIPTION OF CONTRACT MODIFICATION. This Modification is in accordance with Exhibit E-Revised, Contractual Terms and Conditions, Section 4, Option to Extend Term, to be made a part hereof for all pertinent purposes. Modification 4 3 exercises option year 3 of the contract. Pricing for option year 3 is based on fully burdened labor rates for task orders as indicated in Exhibit A-1, Pricing, Section 7.D Option Year 3 (Contract Year 4). The new Contract expiration date is November 27September 1, 2021. For and in consideration of the amount stated above, which is the final contract modification amount agreed to by both parties, the receipt of and sufficiency of which is hereby acknowledged and confessed. The contractor has released, acquitted, and forever discharged and by the presents does for itself, its successors and assigns release, acquit and forever discharge Capital Metropolitan Transportation Authority (Capital Metro) from and against any claims, debts, demands, or cause of action which the contractor has or may have had a result of furnishing labor, supplies, or materials for the change orders stated above. This modification may be executed in multiple originals, and an executed facsimile shall have the same force and effect as an original document.

Appears in 2 contracts

Samples: app.capmetro.org, app.capmetro.org

DESCRIPTION OF CONTRACT MODIFICATION. This Modification is in accordance with Exhibit E-Revised, Contractual Terms and Conditions, Section 4, Option to Extend Term, to be made a part hereof for all pertinent purposes. Modification 4 2 exercises option year 3 2 of the contract. Pricing for option year 3 2 is based on fully burdened labor rates for task orders as indicated in Exhibit A-1, Pricing, Section 7.D Option Year 3 (Contract Year 4)3. The new Contract expiration date is November 27September 1, 20212020. For and in consideration of the amount stated above, which is the final contract modification amount agreed to by both parties, the receipt of and sufficiency of which is hereby acknowledged and confessed. The contractor has released, acquitted, and forever discharged and by the presents does for itself, its successors and assigns release, acquit and forever discharge Capital Metropolitan Transportation Authority (Capital Metro) from and against any claims, debts, demands, or cause of action which the contractor has or may have had a result of furnishing labor, supplies, or materials for the change orders stated above. This modification may be executed in multiple originals, and an executed facsimile shall have the same force and effect as an original document.

Appears in 1 contract

Samples: app.capmetro.org

DESCRIPTION OF CONTRACT MODIFICATION. 1. This Modification 1 is issued to exercise Option Year 1 (Year 3 of the Contract), in accordance with Exhibit E-RevisedE- Revised-1, Contractual Terms and Conditions, Section 4, OPTION TO EXTEND TERM, for the Contract Prices in Exhibit A-Pricing, Option to Extend Term, to be made a part hereof for all pertinent purposes. Modification 4 exercises option year Year 1 (Year 3 of the contract. Pricing for option year 3 is based on fully burdened labor rates for task orders as indicated in Exhibit A-1Contract) of Section 8, Pricing, Section 7.D Option Year 3 (Contract Year 4)Items 1-3. The new term of the Contract expiration date is November 27hereby extended to August 6, 20212023. For and in consideration of the amount stated above, which is the final contract modification amount agreed to by both parties, the receipt of and sufficiency of which is hereby acknowledged and confessed. The contractor has released, acquitted, and forever discharged and by the presents does for itself, its successors and assigns release, acquit and forever discharge Capital Metropolitan Transportation Authority (Capital Metro) from and against any claims, debts, demands, or cause of action which the contractor has or may have had a result of furnishing labor, supplies, or materials for the change orders stated above. This modification may be executed in multiple originals, and an executed facsimile shall have the same force and effect as an original document.

Appears in 1 contract

Samples: app.capmetro.org

DESCRIPTION OF CONTRACT MODIFICATION. This Modification 3 is issued to exercise Option Year 3 of the Contract (Year 4) in accordance with Exhibit E-RevisedRevised-1, Contractual Terms and Conditions, Section 4, Option to Extend TermOPTION TO EXTEND TERM, to be made a part hereof for all pertinent purposes. Modification 4 exercises option year 3 of the contract. Pricing for option year 3 is based on fully burdened labor rates for task orders as indicated Contract Prices in Exhibit A-1, -Revised-2- Pricing, Section 7.D Option Year 3 (of Sections 7A, 7B, 7C, and 7D. The term of the Contract Year 4). The new Contract expiration date is November 27hereby extended to June 6, 2021. For and in consideration of the amount stated above, which is the final contract modification amount agreed to by both parties, the receipt of and sufficiency of which is hereby acknowledged and confessed. The contractor has released, acquitted, and forever discharged and by the presents does for itself, its successors and assigns release, acquit and forever discharge Capital Metropolitan Transportation Authority (Capital Metro) from and against any claims, debts, demands, or cause of action which the contractor has or may have had a result of furnishing labor, supplies, or materials for the change orders stated above. This modification may be executed in multiple originals, and an executed facsimile shall have the same force and effect as an original document.

Appears in 1 contract

Samples: app.capmetro.org

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DESCRIPTION OF CONTRACT MODIFICATION. This Modification 1 is issued to exercise Option Year 1 of the Contract (Year 2) in accordance with Exhibit E-RevisedRevised- 1, Contractual Terms and Conditions, Section 4, Option to Extend Term, to be made a part hereof Term for all pertinent purposes. Modification 4 exercises option year 3 of the contract. Pricing for option year 3 is based on fully burdened labor rates for task orders as indicated Contract prices in Exhibit A-1A-Revised- 1, Pricing, Section 7.D Modules 2,3,and 4, Option Year 3 1 (Contract Year 42). The new Term of the Contract expiration date is November 27hereby extended to December 23, 20212022. For and in consideration of the amount stated above, which is the final contract modification amount agreed to by both parties, the receipt of and sufficiency of which is hereby acknowledged and confessed. The contractor has released, acquitted, and forever discharged and by the presents does for itself, its successors and assigns release, acquit and forever discharge Capital Metropolitan Transportation Authority (Capital Metro) from and against any claims, debts, demands, or cause of action which the contractor has or may have had a result of furnishing labor, supplies, or materials for the change orders stated above. This modification may be executed in multiple originals, and an executed facsimile shall have the same force and effect as an original document.

Appears in 1 contract

Samples: app.capmetro.org

DESCRIPTION OF CONTRACT MODIFICATION. This Modification contract modification is to exercise the renewal of option for Option Period One, Contract Year 2, in accordance with Exhibit E-RevisedRevised-1, Contractual Terms and Conditions, Section 4, Option to Extend Contract Term, to be made a part hereof for all pertinent purposes. Modification 4 exercises option year 3 of the contract. Pricing for option year 3 is based on fully burdened labor rates for task orders as indicated Contract Price in Exhibit A-1-Revised-1, Pricing, Option Period 1 (Year 2) of Section 7.D Option Year 3 (Contract Year 4)6B, Item 1. The new Contract expiration date term of the contract is November 27hereby extended to April 29, 20212024. For and in consideration of the amount stated above, which is the final contract modification amount agreed to by both parties, the receipt of and sufficiency of which is hereby acknowledged and confessed. The contractor has released, acquitted, and forever discharged and by the presents does for itself, its successors and assigns release, acquit and forever discharge Capital Metropolitan Transportation Authority (Capital Metro) from and against any claims, debts, demands, or cause of action which the contractor has or may have had a result of furnishing labor, supplies, or materials for the change orders stated above. This modification may be executed in multiple originals, and an executed facsimile shall have the same force and effect as an original document.. END OF MODIFICATION #3

Appears in 1 contract

Samples: app.capmetro.org

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