Common use of Per Fiscal Year Clause in Contracts

Per Fiscal Year. The Parties understand and agree that the combined cumulative value of all Work Order Packages and Requests awarded to Contractor during each fiscal year (July 1 through June 30) during the Term of the Agreement shall not exceed the sum of Two Million Dollars ($2,000,000.00), excluding change orders. Any unused portion of this annual limit shall expire and not carry over to increase the dollar limit of Work that may be awarded in the subsequent fiscal year.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

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Per Fiscal Year. The Parties understand and agree that the combined 27 cumulative value of all Work Order Packages and Requests awarded to Contractor during each 28 fiscal year (July 1 through June 30) during the Term of the Agreement shall not exceed the sum 1 of Two Million Dollars ($2,000,000.00), excluding change orders. Any unused portion of this annual limit shall expire and not carry over to increase the dollar limit of Work that may be 3 awarded in the subsequent fiscal year.

Appears in 2 contracts

Samples: Master Construction Agreement, Master Construction Agreement

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Per Fiscal Year. The Parties understand and agree that the combined cumulative value of all Work Order Packages and Requests awarded to Contractor during each fiscal year (July 1 through June 30) during the Term of the Agreement shall not exceed the sum of Two One Million Dollars ($2,000,000.001,000,000.00), excluding change orders. Any unused portion of this annual limit shall expire and not carry over to increase the dollar limit of Work that may be awarded in the subsequent fiscal year.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

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