Contract Closeout definition

Contract Closeout means the date that the services are complete.
Sample 1Sample 2Sample 3
Contract Closeout means the date that the services are complete as per the Construction Lien Act.
Sample 1Sample 2Sample 3
Contract Closeout means the date that the services are complete as per the schedule of work outlined in the Articles of Agreement.
Sample 1Sample 2Sample 3

Examples of Contract Closeout in a sentence

  • All payments will be reimbursement for eligible expenses/services defined as uncompensated expenses rendered during the contract term and paid prior to final payment request due date as indicated in the Contract Closeout Section (Article III 2 D).

  • October 15th Final Contract Close-out 45 days after the end of the Grant Agreement term.


More Definitions of Contract Closeout

Contract Closeout means the process by which the parties determine that all applicable administrative actions and all required work of the contract have been completed by the contractor and the department. “Suspension” of a contract means temporary withdrawal of the contractor’s authority to obligate contracted funds pending corrective action by the contractor or a decision to terminate the contract.
Sample 1Sample 2
Contract Closeout. If the amount payable by the Owner to the Contractor is less than the Guaranteed Maximum Price, The Contractor shall submit for Owner’s review and approval, a Draft of the Final Change Order that shows the calculations to arrive at a reduced and adjusted Guaranteed Maximum Price and clearly describes the amounts for the Final Payment, payable by the Owner to the Contractor to include the Contractor’s Incentive Payment. See Attached Final Change Order Example.
Sample 1
Contract Closeout. The term “Contract Closeout” means the process by which the Contractor documents fulfillment of all obligations under the Contract. This process follows Final Acceptance of the construction portion of the Work. Contract Closeout is a condition precedent to final payment.
Sample 1
Contract Closeout means the final process or final steps to be taken upon completion or termination of a contract. It may include such operations as processing final payment, recovering all equipment purchased according to the terms of the contract, or recovering any overpayment.
Sample 1Sample 2Sample 3

Related to Contract Closeout

  • Mail order pharmacy means a pharmacy licensed by this

  • EPC Contract means the Seller’s engineering, procurement and construction contract with the EPC Contractor.

  • Project Completion Schedule means the progressive Project Milestones set forth in Schedule-J for completion of the Project Highway on or before the Scheduled Completion Date;

  • Job-order-contracting means a project delivery method in which:

  • EPC Contractor means Seller’s engineering, procurement and construction contractor or such Person performing those functions.

  • Project Completion means the date, as determined by the Division after consultation with the Recipient, that operation of the Project is initiated or is capable of being initiated, whichever comes first.

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Summary Subcontract Report (SSR) Coordinator, as used in this clause, means the individual at the department or agency level who is registered in eSRS and is responsible for acknowledging or rejecting SSRs in eSRS for the department or agency.

  • MSAA Indicator Technical Specifications document means, as the context requires, either or both of the document entitled “Multi-Sector Service Accountability Agreement (MSAA) 2019-20 Indicator Technical Specifications November 5, 2018 Version 1.3” and the document entitled “Multi-Sector Service Accountability Agreement (MSAA) 2019-20 Target and Corridor-Setting Guidelines” as they may be amended or replaced from time to time;

  • Professional Fee Order means the order entered by the Bankruptcy Court on July 24, 2008 at Docket No. 227 authorizing the interim payment of Professional Claims.