Minimum Guarantee and Maximum Ceiling Sample Clauses

Minimum Guarantee and Maximum Ceiling. ‌ The minimum guarantee is $2,500 for each OASIS Contractor that does not obtain a task order award for the term of OASIS, including Option I, if exercised. The minimum dollar limitation for an individual task order must exceed the Simplified Acquisition Threshold as defined in FAR Subpart 2.101, as amended. There is no maximum dollar ceiling for each individual task order placed under XXXXX. An unlimited number of task orders may be placed under XXXXX for the term of OASIS, including Option I, if exercised. There is no maximum dollar ceiling for OASIS, including Option I, if exercised.
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Minimum Guarantee and Maximum Ceiling. The minimum dollar guarantee is $2,500.00 for each Contractor that does not obtain a task order award under their HCaTS SB contract. The minimum dollar guarantee applies to the contract as a whole and not each ordering period, if exercised. The minimum dollar guarantee will be funded by FY16 funds. The minimum dollar amount for an individual task order must exceed the micro-purchase threshold as defined in FAR Section 2.101, as amended. The maximum dollar amount for each individual task order placed under an HCaTS SB contract is $2.3 billion for Pool 2. An unlimited number of task orders may be placed under an HCaTS SB contract throughout the ordering period, including options, if exercised. The maximum dollar amount for HCaTS SB, including all options, if exercised, $2.3 billion for Pool 2.
Sample 1
Minimum Guarantee and Maximum Ceiling a) The minimum guarantee is $1,000.00 for each Contractor that does not obtain a task order award for the term of this MA-IDIQ.
Sample 1
Minimum Guarantee and Maximum Ceiling a) The minimum guarantee of $1,000.00 will be provided to each Contractor that does not competitively attain a DO/TO award for the five (5) year base ordering period of this FRP MAC.
Sample 1

Related to Minimum Guarantee and Maximum Ceiling

  • Guaranteed Maximum Costs The City’s payment obligation to Contractor cannot at any time exceed the amount certified by City’s Controller for the purpose and period stated in such certification. Absent an authorized Emergency per the City Charter or applicable Code, no City representative is authorized to offer or promise, nor is the City required to honor, any offered or promised payments to Contractor under this Agreement in excess of the certified maximum amount without the Controller having first certified the additional promised amount and the Parties having modified this Agreement as provided in Section 11.5, “Modification of this Agreement.”

  • Guaranteed Maximum Price The anticipated Guaranteed Maximum Price for the Project at the time this Agreement is executed is: Seven Million, Five Hundred Nineteen Thousand and no/100 Dollars ($7,519,000.00).

  • Maximum Obligation Contract Enter total maximum obligation for total duration of this contract (or new total if Contract is being amended). $ . PROMPT PAYMENT DISCOUNTS (PPD): Commonwealth payments are issued through EFT 45 days from invoice receipt. Contractors requesting accelerated payments must identify a PPD as follows: Payment issued within 10 days % PPD; Payment issued within 15 days % PPD; Payment issued within 20 days % PPD; Payment issued within 30 days % PPD. If PPD percentages are left blank, identify reason: agree to standard 45 day cycle statutory/legal or Ready Payments (M.G.L. c. 29, § 23A); only initial payment (subsequent payments scheduled to support standard EFT 45 day payment cycle. See Prompt Pay Discounts Policy.)

  • Minimum Limits The minimum limits to be maintained by the School (inclusive of any amounts provided by an umbrella or excess policy) shall be $1 million per occurrence/$3 million annual aggregate.

  • Minimum Wage Rates It shall include, in all contracts in excess of $2,000 for work on any projects funded under this grant agreement which involve labor, provisions establishing minimum rates of wages, to be predetermined by the Secretary of Labor, in accordance with the Xxxxx-Xxxxx Act, as amended (40 U.S.C. 276a-276a-5), which contractors shall pay to skilled and unskilled labor, and such minimum rates shall be stated in the invitation for bids and shall be included in proposals or bids for the work.

  • Guaranteed Maximum Price (GMP Construction Manager guarantees that it shall not exceed a Guaranteed Maximum Price (GMP) of Sixty-Three Thousand, Three Hundred Eighteen Dollars and Fifty-Five Cents ($63,318.55) for the identified Sub-Project.

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