Ceiling Value definition
Examples of Ceiling Value in a sentence
The contractor is not obligated to honor: GWAC Ceiling Value Remaining.
If the Valuation Period Market Value is greater than $27.875, the Stock Amount shall be equal to the amount obtained by (A) multiplying 2,945,594 by $27.875 and (B) dividing the product thereof by the Ceiling Value.
The Scope of Work Schedule attached to this Contract specifies the Works to be supplied under Purchase Order No. 1 of this Contract for the Total Ceiling Value stipulated in Article (6) of this Schedule, based on the Unit Prices and estimated ▇▇▇▇ of Quantities.
Period of Performance Labor Travel Ceiling Value Base Year $ 622,080.00 $ 622,080.00 Option Year 1 $ 634,521.60 $ 634,521.60 Option Year 2 $ 647,212.03 $ 647,212.03 Option Year 3 $ 660,156.77 $ 660,156.77 Option Year 4 $ 673,359.40 $ 673,359.40 The fully burdened labor rates shall include ALL direct, indirect, general and administrative costs, profit and any other costs as defined in accordance with FAR Part 15.