Quality Rating Sample Clauses

Quality Rating. Any ICL remaining after applying the Project Cost and Schedule Adjustments will be distributed to the Architect and Contractor based on an assessment of the Quality Criteria listed in the table below. If the sum of the Quality Rating is positive, the ICL will be increased by % per Quality Rating point and if negative, the ICL will be decreased by % per Quality Rating point. The rating for an individual Quality Criterion may be any integer between -5 to +5 with -5 being substantially worse than required by the Project Objective, 0 being adequate to meet the Project Objective and + 5 being substantially better than required by the Project Objective. Standard Quality Criteria Potential Quality Points Aesthetics Visual Appeal: Does the completed Work provide the visual appeal required by the VTP? [-5 to +5]
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Related to Quality Rating

  • Industry Ratings The City will only accept coverage from an insurance carrier who offers proof that it: a. Is authorized to do business in the State of Kansas; b. Carries a Best's policyholder rating of A- or better; and c. Carries at least a Class VIII financial rating; or d. Is a company mutually agreed upon by the City and Consulting Engineer/Architect.

  • Ratings No “nationally recognized statistical rating organization” as such term is defined for purposes of Rule 436(g)(2) (i) has imposed (or has informed the Company that it is considering imposing) any condition (financial or otherwise) on the Company’s retaining any rating assigned to the Company or any securities of the Company or (ii) has indicated to the Company that it is considering any of the actions described in Section 7(c)(ii) hereof.

  • Minimum Customer Support Requirements for TIPS Sales Vendor shall provide timely and commercially reasonable support for TIPS Sales or as agreed to in the applicable Supplemental Agreement.

  • PRIORITY RATING If so identified, this Contract is a "rated order" certified for national defense, emergency preparedness, and energy program use, and SELLER shall follow all the requirements of the Defense Priorities and Allocation System Regulation (15 C.F.R. Part 700).

  • Rating The Notes can be issued without the requirement that they have any rating from a nationally recognized statistical rating organization.

  • Maintenance of Ratings At all times, Borrower shall use commercially reasonable efforts to maintain (x) a corporate family rating issued by Xxxxx’x and a corporate credit rating issued by S&P and (y) public ratings issued by Xxxxx’x and S&P with respect to its senior secured debt.

  • Moody’s Xxxxx’x Investors Service, Inc. and its successors.

  • Debt Rating The Liquidity Provider has a short-term debt ratings of “P-1” from Xxxxx’x and “F1+” from Fitch.

  • Debt Ratings Prompt notice of any change in its Debt Ratings.

  • No Ratings There are no securities or preferred stock of or guaranteed by the Company or any of its subsidiaries that are rated by a “nationally recognized statistical rating organization,” as such term is defined under Section 3(a)(62) under the 1934 Act.

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