Common use of Maximum Order Value Clause in Contracts

Maximum Order Value. Purchase Orders issued pursuant to this Contract may not exceed, individually or in the aggregate, a total value of $34,000, increased every City fiscal year by the percentage increase in the CPI-U from January 1, 2020, to the most recently published CPI-U, and rounded to the nearest one thousand dollars ($1,000). Increases shall take effect upon certification by the Procurement Commissioner. This Contract and any Purchase Order(s) issued pursuant to the Contract shall expire and become null and void (1) when the total value thereof exceeds the maximum order value detailed herein, and/or (2) upon the expiration of the Contract Term. The City shall have no obligation to receive or pay for products or services in excess of this maximum amount, or that are ordered after the expiration of the term of the Contract. Sellers are responsible for monitoring Purchase Orders and for ensuring that they do not deliver to the City products and services in excess of the maximum order value (or such lesser value as may be specified in PHLContracts), or products and services ordered after expiration of the Contract Term.

Maximum Order Value. Purchase Orders issued pursuant to this Contract for any one-year period may not exceed, individually or in the aggregate, a total value of $34,00077,000, increased every City fiscal year by the percentage increase in the CPI-U from January 1, 2020, to the most recently published CPI-U, and rounded to the nearest one thousand dollars ($1,000). Increases shall take effect upon certification by the Procurement Commissioner. This Contract and any Purchase Order(s) issued pursuant to the Contract shall expire and become null and void (1) when the total value thereof exceeds the maximum order value detailed herein, and/or (2) upon the expiration of the Contract Term. The City shall have no obligation to receive or pay for products or services in excess of this maximum amount, or that are ordered after the expiration of the term of the Contract. Sellers are responsible for monitoring Purchase Orders and for ensuring that they do not deliver to the City products and services in excess of the maximum order value (or such lesser value as may be specified in PHLContracts), or products and services ordered after expiration of the Contract Term.

Maximum Order Value. Purchase Orders issued pursuant to this Contract may not exceed, individually or in the aggregate, a total value of $34,00035,000, increased every City fiscal year by the percentage increase in the CPI-U from January 1, 2020, to the most recently published CPI-U, and rounded to the nearest one thousand dollars ($1,000). Increases shall take effect upon certification by the Procurement Commissioner. This Contract and any Purchase Order(s) issued pursuant to the Contract shall expire and become null and void (1) when the total value thereof exceeds the maximum order value detailed herein, and/or (2) upon the expiration of the Contract Term. The City shall have no obligation to receive or pay for products or services in excess of this maximum amount, or that are ordered after the expiration of the term of the Contract. Sellers are responsible for monitoring Purchase Orders and for ensuring that they do not deliver to the City products and services in excess of the maximum order value (or such lesser value as may be specified in PHLContracts), or products and services ordered after expiration of the Contract Term.

Maximum Order Value. Purchase Orders issued pursuant to this Contract for any one-year period may not exceed, individually or in the aggregate, a total value of $34,00075,000, increased every City fiscal year by the percentage increase in the CPI-U from January 1, 2020, to the most recently published CPI-U, and rounded to the nearest one thousand dollars ($1,000). Increases shall take effect upon certification by the Procurement Commissioner. This Contract and any Purchase Order(s) issued pursuant to the Contract shall expire and become null and void (1) when the total value thereof exceeds the maximum order value detailed herein, and/or (2) upon the expiration of the Contract Term. The City shall have no obligation to receive or pay for products or services in excess of this maximum amount, or that are ordered after the expiration of the term of the Contract. Sellers are responsible for monitoring Purchase Orders and for ensuring that they do not deliver to the City products and services in excess of the maximum order value (or such lesser value as may be specified in PHLContracts), or products and services ordered after expiration of the Contract Term.

Maximum Order Value. Purchase Orders issued pursuant to this Contract may not exceedfor any one-year period shall be less than, individually or in the aggregate, a total value of $34,00084,000, increased every City fiscal year by the percentage increase in the CPI-U from January 1, 2020, to the most recently published CPI-U, and rounded to the nearest one thousand dollars ($1,000). Increases shall take effect upon certification by the Procurement Commissioner. This Contract and any Purchase Order(s) issued pursuant to the Contract shall expire and become null and void (1) when the total value thereof exceeds the maximum order value detailed herein, and/or (2) upon the expiration of the Contract Term. The City shall have no obligation to receive or pay for products or services in excess of this maximum amount, or that are ordered after the expiration of the term of the Contract. Sellers are responsible for monitoring Purchase Orders and for ensuring that they do not deliver to the City products and services in excess of the maximum order value (or such lesser value as may be specified in PHLContracts), or products and services ordered after expiration of the Contract Term.