Initial Contract Term and Renewal Contract Term Sample Clauses

Initial Contract Term and Renewal Contract Term. The level of overall Participant satisfaction, with Services provided by the Contractor, as measured annually by a State- Annually $2,500 when the overall satisfaction score is between ninety percent (90%) and ninety- one and nine tenths percent (91.9%). An additional $5,000 per percentage point Measurement of the difference between overall satisfaction (measured by survey as a percent of Participants satisfied) and ninety-two percent (92%). approved Participant satisfaction survey, will be greater than or equal to ninety- two percent (92%) below ninety percent (90%). 10 Accuracy and Timeliness / Initial Call Resolution / Written Inquiry Response Time AR-16 a.) Ninety-five percent (95%) of callers who receive accurate information. Phone calls requiring additional research are excluded from the calculation of this metric. Internal audit performed on accuracy of information, initial call resolution, and written inquiry response from Plan Participants. The internal audit shall be conducted by Contractor or Contractor’s Subcontractor on a statistically valid sample. The Contractor shall submit reports to the Department quarterly. Quarterly $2,000 for each full percentage point below ninety-five percent (95%) Number of calls, received from Plan Participants, who received accurate information divided by the total number of calls received from Plan Participants (excluding phone calls requiring additional research).
Sample 1
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Related to Initial Contract Term and Renewal Contract Term

  • Renewal Contract Term Upon mutual written agreement, the Parties may renew this Contract, in whole or in part, for a Renewal Term not to exceed the Initial Contract Term, pursuant to the incorporated Special Contract Conditions.

  • Initial Contract Term The Initial Contract Term shall be for two years. The Initial Contract Term shall begin on October 1, 2021, or on the last date the Contract is signed by all Parties, whichever is later. The Contract shall expire on October 1, 2023, unless terminated earlier in accordance with the Special Contract Conditions or Additional Special Contract Conditions.

  • Initial Term and Renewal This Agreement shall become effective upon its execution and, shall have an initial term of five (5) years. Following the expiration of the initial term, the Agreement shall automatically renew for successive one-year terms until such time that the Agreement is terminated by either Party upon giving the other Party six (6) months’ written notice of termination.

  • CONTRACT TERM - RENEWAL In addition to any stated renewal periods in the Contract, any Contract or unit portion thereof let by the Commissioner may be extended by the Commissioner for an additional period(s) of up to one year with the written concurrence of the Contractor and Comptroller. Such extension may be exercised on a month-to-month basis or in other stated periods of time during the one year extension.

  • Contract Term The period of Contractor's performance shall begin on November 1, 2018 and end on October 31, 2019 with an option to renew for an additional three (3) twelve (12) month periods.

  • Initial Term The initial term will begin on the date set forth in the Contract documents or on the date the Contract is signed by all Parties, whichever is later.

  • CONTRACT RENEWAL PERIOD FURNITURE ADDITIONS/DELETIONS: Contractors wishing to make furniture additions/changes to their contract during the contract period should be aware of the following additions/changes will be allowed only once during a contract period. No changes to discount percentages are allowed during this contract period. Additions/changes must be submitted during the contract renewal period. When requesting additions and/or changes; contractor shall submit a request either by letter or via email which shall include a list of all items being proposed for addition and/or change. Contractor shall submit all required documents supporting any new items. Product literature for all new items shall also be submitted with the request. Contractor is responsible for submitting a complete name, address, email address, phone and fax numbers when a new dealer is added.

  • Project Term The Project shall commence on the Signature Date, and shall endure for the Project Term.

  • Where Term Less Than Agreement Term Where a provision of this collective agreement so provides, the provision shall be in effect for a term less than the term of the collective agreement.

  • A2 Initial Contract Period The Contract shall take effect on the Commencement Date and shall expire automatically on 30 June 2013, unless it is otherwise terminated in accordance with the provisions of the Contract, or otherwise lawfully terminated, or extended under clause F8 (Extension of Initial Contract Period).

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