Minimum Work Performance Percentage Clause Samples
The Minimum Work Performance Percentage clause sets a required threshold for the amount of work or performance that must be completed by a party, typically within a specified timeframe. For example, a contractor may be required to complete at least 80% of the scheduled tasks each month, or a supplier must deliver a minimum percentage of goods or services as agreed. This clause ensures that the contracting party maintains a consistent level of progress and prevents delays or underperformance, thereby protecting the interests of the other party and supporting the timely completion of the project or contract.
Minimum Work Performance Percentage. CONTRACTOR shall perform with its own organization contract work amounting to not less than 50 percent of the original total AGREEMENT amount, except that any designated 'Specialty Items' may be performed by subcontract and the amount of any such 'Specialty Items' so performed may be deducted from the original total AGREEMENT amount before computing the amount of work required to be performed by CONTRACTOR with its own organization or per a consortium.
Minimum Work Performance Percentage. CONTRACTOR shall perform with its own organization contract work amounting to not less than 50 percent of the original total AGREEMENT amount, except that any designated 'Specialty Items' may be performed by subcontract and the amount of any such 'Specialty Items' so performed may be deducted from the original total AGREEMENT amount before computing the amount of work required to be performed by CONTRACTOR with its own organization or per a consortium. DocuSign Envelope ID: D66372BF-63AB-4E1D-9D2B-E3C76AD95DD3 DocuSign Envelope ID: EFDFC7E0-B3F1-47A6-A2DA-7B275D29B85A DocuSign Envelope ID: DB45B90F-E7F7-4777-94D2-7607F5FFB042