Common use of FIRST RENEWAL OPTION PERIOD Clause in Contracts

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 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: