Common use of Master Agreement Term Clause in Contracts

Master Agreement Term. In addition to any mutually agreed upon delivery dates for purchases of goods, the contract resulting from this RFQ will have a term, or “Period of Performance”, during which the contract is considered to be in effect. The anticipated contract term is defined in the table below. Please note that the dates below are estimated and may be adjusted as necessary in order to comply with all procedural requirements associated with this RFQ and the contracting process. The actual contract start and end dates will be established by the completed and approved contract. Contract Renewal: Following the initial term of the contract, the Division, at their discretion, may opt to renew the contract for two renewal periods of one year each. The term of the anticipated contract, resulting from this RFQ, is defined as follows: Initial Period of Performance 10/1/2019 9/30/2021 Renewal Period #1 10/1/2021 9/30/2023 Renewal Period #2 10/1/2023 9/30/2024

Appears in 1 contract

Samples: Master Agreement

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Master Agreement Term. In addition to any mutually agreed upon delivery dates for purchases of goods, the contract resulting from this RFQ will have a term, or “Period of Performance”, during which the contract is considered to be in effect. The anticipated contract term is defined in the table below. Please note that the dates below are estimated and may be adjusted as necessary in order to comply with all procedural requirements associated with this RFQ and the contracting process. The actual contract start and end dates will be established by the completed and approved contract. Contract Renewal: Following the initial term of the contract, the Division, at their discretion, may opt to renew the contract for two three renewal periods of one year each. The term of the anticipated contract, resulting from this RFQ, is defined as follows: Initial Period of Performance 10/1/2019 9/30/2021 2/15/2019 2/14/2020 Renewal Period #1 10/1/2021 9/30/2023 2/15/2020 2/14/2021 Renewal Period #2 10/1/2023 9/30/20242/15/2021 2/14/2022 Renewal Period #3 2/15/2022 2/14/2023

Appears in 1 contract

Samples: Master Agreement

Master Agreement Term. In addition to any mutually agreed upon delivery dates for purchases of goods, the contract resulting from this RFQ will have a term, or “Period of Performance”, during which the contract is considered to be in effect. The anticipated contract term is defined in the table below. Please note that the dates below are estimated and may be adjusted as necessary in order to comply with all procedural requirements associated with this RFQ and the contracting process. The actual contract start and end dates date will be established by the completed and approved contract. The actual Contract Renewal: Following the initial term of the contract, the Division, at their discretion, Division may opt to renew the contract for two three renewal periods of one year each, subject to continued availability of funding and satisfactory delivery/performance. The term of the anticipated contract, resulting from this RFQ, is defined as follows: Initial Period of Performance 10/1/2019 9/30/2021 9/1/2017 8/31/2018 Renewal Period #1 10/1/2021 9/30/2023 9/1/2018 8/31/2019 Renewal Period #2 10/1/2023 9/30/20249/1/2019 8/31/2020 Renewal Period #3 9/1/2020 8/31/2021 It is possible that multiple awards will be made as a result of this bid process.

Appears in 1 contract

Samples: Master Agreement

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Master Agreement Term. In addition to any mutually agreed upon delivery dates for purchases of goods, the contract resulting from this RFQ will have a term, or “Period of Performance”, during which the contract is considered to be in effect. The anticipated contract term is defined in the table below. Please note that the dates below are estimated and may be adjusted as necessary in order to comply with all procedural requirements associated with this RFQ and the contracting process. The actual contract start and end dates date will be established by the completed and approved contract. Contract Renewal: Following the initial term of the contract, the Division, at their discretion, Division may opt to renew the contract for two renewal periods (one two-year renewal and one one-year renewal), subject to continued availability of one year eachfunding and satisfactory delivery/performance. The term of the anticipated contract, resulting from this RFQ, is defined as follows: Initial Period of Performance 10/1/2019 9/30/2021 1/1/2021 12/31/2022 Renewal Period #1 10/1/2021 9/30/2023 1/1/2023 12/31/2024 Renewal Period #2 10/1/2023 9/30/20241/1/2025 12/31/2025 Quotations Due: Quotations must be received no later than 4:00 p.m. Eastern Standard Time (EST), on the date listed in VSS. Quotations received after the 4:00 p.m. deadline will not be accepted.

Appears in 1 contract

Samples: Master Agreement

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