FIRST RENEWAL OPTION PERIOD Sample Clauses

FIRST RENEWAL OPTION PERIOD. Pursuant to the agreement between the parties, the following are the Adjustment Factors for the next option period: 1 August 2019 11311.06 2 September 2019 11311.24 3 October 2019 11326.12 4 November 2019 11380.83 5 December 2019 11381.53 6 January 2020 11392.41 7 February 2020 11396.01 8 March 2020 11396.97 9 April 2020 11412.67 10 May 2020 11418.16 11 June 2020 11436.23 12 July 2020 11439.11 1 August 2020 11455.26 2 September 2020 11498.81 3 October 2020 11538.93 4 November 2020 11579.02 5 December 2020 11625.95 6 January 2021 11627.94 7 February 2021 11698.79 8 March 2021 11749.75 9 April 2021 11849.32 10 May 2021 11989.91 11 June 2021 12112.05 12 July 2021 12237.69 Price Adjustment: First Year Index Average = 11746.9516 = 1.0319 Base Year Index Average 11383.5283 AWARD MULTIPLIER x PRICE ADJUSTMENT = OPTION MULTIPLIER # WA-DC-GC03-100120-SWC Non Pre-priced 1.1627 1.0000 1.1627 Normal Working Hours - Non- Prevailing Wage 1.0357 1.0319 1.0687 Normal Working Hours - Prevailing Wage 1.0378 1.0319 1.0709 Other Than Normal Working Hours - Non-Prevailing Wage 1.0605 1.0319 1.0943 Other Than Normal Working Hours - Prevailing Wage 1.0638 1.0319 1.0977
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FIRST RENEWAL OPTION PERIOD. Pursuant to the Contract, a new Construction Task Catalog® will be furnished on the anniversary of the solicitation and will be in effect for the twelve (12) month period after the anniversary of the award date. The following is the Construction Task Catalog® for the next option period:
FIRST RENEWAL OPTION PERIOD. Pursuant to the agreement between the parties, the following are the Adjustment Factors for the next option period: 1 July 2018 11116.07 2 August 2018 11124.49 3 September 2018 11169.87 4 October 2018 11169.68 5 November 2018 11183.93 6 December 2018 11185.44 7 January 2019 11205.73 8 February 2019 11217.90 9 March 2019 11227.88 10 April 2019 11228.07 11 May 2019 11229.99 12 June 2019 11268.48 1 July 2019 11291.80 2 August 2019 11311.06 3 September 2019 11311.24 4 October 2019 11326.12 5 November 2019 11380.83 6 December 2019 11381.53 7 January 2020 11392.41 8 February 2020 11396.01 9 March 2020 11396.97 10 April 2020 11412.67 11 May 2020 11418.16 12 June 2020 11436.23 Price Adjustment: First Year Index Average = 11371.2525 = 1.0158 Base Year Index Average 11193.9608 AWARD MULTIPLIER x PRICE ADJUSTMENT = OPTION MULTIPLIER # CA09-SDI-GB04-080719-LDC Non-Pre-priced 1.1378 1.0000 1.1378 Normal Working Hours Prevailing Wage 0.9865 1.0158 1.0021 Other Than Normal Working Hours Prevailing Wage 1.4595 1.0158 1.4826
FIRST RENEWAL OPTION PERIOD. Pursuant to the Contract, a new Construction Task Catalog® will be furnished on the anniversary of the solicitation and will be in effect for the twelve (12) month period after the anniversary of the award date. The following are the Construction Task Catalogs® for the next option period: April 2021: Sourcewell Georgia, Northern April 2021: Sourcewell Georgia, East Central April 2021: Sourcewell Georgia, Southwest Pursuant to the agreement between the parties, the Adjustment Factors shall remain fixed for the duration of the contract and are as follows:
FIRST RENEWAL OPTION PERIOD. Pursuant to the Contract, a new Construction Task Catalog® will be furnished on the anniversary of the solicitation and will be in effect for the twelve (12) month period after the anniversary of the award date. The following is the Construction Task Catalog® for the next option period: Pursuant to the agreement between the parties, the Adjustment Factors shall remain fixed for the duration of the contract and are as follows: # GA-C04-040820-HCI Adjustment Factor Non Pre-Priced 1.2649 Normal Working Hours - Non Secure Areas 1.1995 Normal Working Hours – Secure Areas 1.2528 Other Than Normal Working Hours - Non Secure Areas 1.2280 Other Than Normal Working Hours - Secure Areas 1.2676
FIRST RENEWAL OPTION PERIOD. Pursuant to the agreement between the parties, the following are the Adjustment Factors for the next option period: 1 August 2019 11311.06 2 September 2019 11311.24 3 October 2019 11326.12 4 November 2019 11380.83 5 December 2019 11381.53 6 January 2020 11392.41 7 February 2020 11396.01 8 March 2020 11396.97 9 April 2020 11412.67 10 May 2020 11418.16 11 June 2020 11436.23 12 July 2020 11439.11 1 August 2020 11455.26 2 September 2020 11498.81 3 October 2020 11538.93 4 November 2020 11579.02 5 December 2020 11625.95 6 January 2021 11627.94 7 February 2021 11698.79 8 March 2021 11749.75 9 April 2021 11849.32 10 May 2021 11989.91 11 June 2021 12112.05 12 July 2021 12237.69 Price Adjustment: First Year Index Average = 11746.9516 = 1.0319 Base Year Index Average 11383.5283 AWARD MULTIPLIER x PRICE ADJUSTMENT = OPTION MULTIPLIER # WA-DC-P02-100120-ALM Non Pre-priced 1.1850 1.0000 1.1850 Normal Working Hours - Non- Prevailing Wage 1.1200 1.0319 1.1557
FIRST RENEWAL OPTION PERIOD. Pursuant to the agreement between the parties, the following are the Adjustment Factors for the next option period: 1 July 2018 11116.07 2 August 2018 11124.49 3 September 2018 11169.87 4 October 2018 11169.68 5 November 2018 11183.93 6 December 2018 11185.44 7 January 2019 11205.73 8 February 2019 11217.90 9 March 2019 11227.88 10 April 2019 11228.07 11 May 2019 11229.99 12 June 2019 11268.48 1 July 2019 11291.80 2 August 2019 11311.06 3 September 2019 11311.24 4 October 2019 11326.12 5 November 2019 11380.83 6 December 2019 11381.53 7 January 2020 11392.41 8 February 2020 11396.01 9 March 2020 11396.97 10 April 2020 11412.67 11 May 2020 11418.16 12 June 2020 11436.23 Price Adjustment: First Year Index Average = 11371.2525 = 1.0158 Base Year Index Average 11193.9608 AWARD MULTIPLIER x PRICE ADJUSTMENT = OPTION MULTIPLIER # CA03-NCV-M01-080719-PIO Non Pre-priced 1.2803 1.0000 1.2803
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FIRST RENEWAL OPTION PERIOD. Pursuant to the agreement between the parties, the following are the Adjustment Factors for the next option period: 1 October 2018 11169.68 2 November 2018 11183.93 3 December 2018 11185.44 4 January 2019 11205.73 5 February 2019 11217.90 6 March 2019 11227.88 7 April 2019 11228.07 8 May 2019 11229.99 9 June 2019 11268.48 10 July 2019 11291.80 11 August 2019 11311.06 12 September 2019 11311.24 1 October 2019 11326.12 2 November 2019 11380.83 3 December 2019 11381.53 4 January 2020 11392.41 5 February 2020 11396.01 6 March 2020 11396.97 7 April 2020 11412.67 8 May 2020 11418.16 9 June 2020 11436.23 10 July 2020 11439.11 11 August 2020 11455.26 12 September 2020 11498.81 Price Adjustment: First Year Index Average = 11411.1758 = 1.0156 Base Year Index Average 11235.9333 DocuSign Envelope ID: 83A64617-460E-4627-9099-670AD95D7234 AWARD MULTIPLIER x PRICE ADJUSTMENT = OPTION MULTIPLIER # KS-E-GC02-111319-BKM Non-Pre-priced 1.2973 1.0000 1.2973 Normal Working Hours 1.2865 1.0156 1.3066 Other Than Normal Working Hours 1.3081 1.0156 1.3285

Related to FIRST RENEWAL OPTION PERIOD

  • Option Period Pursuant to the Contract, the following are the Adjustment Factors for the term ending October 20, 2023: Date Index 1 August 2019 11311.06 3 October 2019 11326.12 6 January 2020 11392.41 7 February 2020 11396.01 8 March 2020 11396.97 9 April 2020 11412.67 10 May 2020 11418.16 11 June 2020 11436.23 12 July 2020 11439.11 Date Index 1 August 2021 12463.13 2 September 2021 12464.55 3 October 2021 12464.94 4 November 2021 12467.32 5 December 2021 12481.82 6 January 2022 12555.55 7 February 2022 12683.97 8 March 2022 12791.43 9 April 2022 12898.96 10 May 2022 13004.47 11 June 2022 13110.50 12 July 2022 13167.84 Adjustment: Third Year Index Average = 12712.8733 = 1.1168 Base Year Index Average 11383.5283 WA−DC−GC03−100120−SWC Original Adjustment Factor x Adjustment = Adjustment Factor through 10/20/23 Normal Working Hours – Prevailing Wage 1.0378 1.1168 1.1590 Other Than Normal Working Hours – Prevailing Wage 1.0638 1.1168 1.1881 Normal Working Hours – Non−Prevailing Wage 1.0357 1.1168 1.1567 Other Than Normal Working Hours – Non− Prevailing Wage 1.0605 1.1168 1.1844 Non Pre−Priced 1.1627 1.0000 1.1627

  • Option Term This option shall have a term of ten (10) years measured from the Grant Date and shall accordingly expire at the close of business on the Expiration Date, unless sooner terminated in accordance with Paragraph 5 or 6.

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