Common use of Funding Out Clause Clause in Contracts

Funding Out Clause. Not withstanding any contrary provision of this agreement, each payment obligation of the County created by this agreement is conditioned upon the availability of funds that are appropriated or allocated for Bulk Gasoline and Diesel. If such funds are not allocated and available, this agreement may be terminated by the County at the end of the period for which funds are available. The County shall notify the Vendor at the earliest possible time before such termination. No penalty shall accrue to the County in the event this provision is exercised, and the County shall not be obligated or liable for any future payments due or for any damages as a result of termination under this section. This provision shall not be construed so as to permit the County to terminate this agreement in order to purchase Bulk Gasoline and Diesel. CONTRACT AWARD: Criteria utilized by Xxxxxx County for determining the lowest responsible bidder includes, but is not limited to, whether the bidder meets the County’s published specifications, the bidder’s experience, skill, ability, business judgment, financial capacity, integrity, honesty, possession of the necessary facilities or equipment, previous performance, reputation, promptness, and any other factor which could reasonably be asserted as being relevant to successful performance. Xxxxxx County does not discriminate on the basis of race, color, national origin, sex, religion, age, and disability in the employment or provision of services or awarding of contracts.

Appears in 4 contracts

Samples: www.wilsoncountytx.gov, www.wilsoncountytx.gov, www.co.wilson.tx.us

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