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Contract Validity Period definition

Contract Validity Period means the period between date of opening of Financial Bid and up to 31st March 2022during which the rates standardised after bidding process under this RFP shall be valid and applicable for Contract(s) awarded; It may be extended further for a period of One (1) year with mutual consent by the Nodal Agency and the Contractor(s);
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Contract Validity Period means the twelve (12) Months from the date of execution of the Contract. During the Contract Validity Period, the rates shall be valid and applicable for all the Works to be awarded under the Contract;
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Contract Validity Period means the period between date of signing of Agreement and up to twelve (12) months from the signing date during which the rates standardized after bidding process under this RFP shall be valid and applicable for Contract(s) awarded; It may be extended further for a period of three (3) Months with mutual consent by the Nodal Agency and the Contractor(s);
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Examples of Contract Validity Period in a sentence

  • The Contract Validity Period can be extended at the sole discretion of NFL for a further period of 03(Three) Months on Same Rates, Terms & Condition of Contract.

  • Delivery periods shall commence on the date of the order confirmation, but not before the customer has provided the necessary documents, approvals, releases, (material) supplies and, if applicable, agreed cooperation as well as after the agreed advance payments have been made.

  • The prices as quoted above however shall remain valid for all the 5 years.- PBG for 5% of Contract Value shall be submitted valid for Contract Validity Period plus three month.

  • The Contract Validity Period will be displayed in each and every contract and it will be binding on the supplier for the faithful execution of contract as per the contractual terms for the entire ordered quantity including ±25% quantity.

  • This Contract Validity Period will commence from technical bid opening date and the specific Contract Validity Period will be declared in the tender document.

  • This Agreement shall be effective from the date hereof and shall continue in full force and effect until the date of Contract Validity Period and further in accordance with the LICA subsequently issued if bidarrives as successful.

  • Procured via Request for Quote #20170725 against DGS Statewide Contract #4400016808 – VENDOR: Sargents Court Reporting – TERM: Nineteen (19) months for period 9/1/17 through 3/31/19 to align with DGS Contract Validity Period – $93,681.00 estimated cost.

  • On expiry of such period, the rates quoted in the tender are not binding upon the suppliers.Contract Validity Period: 18 months from the technical bid opening date.The Undertaking has newly introduced this concept of Contract Validity Period (in addition to Tender Validity) in order to ensure fairness and clarity to get competitive bids from the suppliers.

  • In the event that the Contract Price is increased during the Contract Validity Period for any reason whatsoever, the value of the Contract Performance Bank Guarantee shall be increased proportionately by the Consultant within 7 (seven) Business Days to ensure that it remains an amount which is equivalent to 10% of the revised Contract Price, as determined by the Owner.

  • In general, the STPC has always emphasized that the publicly funded projects should: • Promote the development of scientific and technical knowledge.


More Definitions of Contract Validity Period

Contract Validity Period means the period between date of opening of Financial Bid and up to 31st March 2022during which the rates standardised after bidding process under this RFP shall be valid and applicable for Contract(s) awarded;
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Contract Validity Period means the period between date of opening of
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Contract Validity Period means the period commencing from the Effective Date up to the end of the Extended Defects Liability Period.
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Contract Validity Period is the period of time beginning with the Effective Date of this Contract and ending with the Date of Termination of the Contract, including any postponements provided for hereunder.
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Contract Validity Period means the period between date of opening of Financial Bid and up to 31st January 2024 or date of commissioning of last system by the Contractor for all categories of work awarded to the Contractor, whichever is later. During the Contract Validity Period, the rates standardised after bidding process under this RFP shall be valid and applicable for Contract(s) awarded. The Contract Validity Period may be extended further for a period of One (1) year with mutual consent by
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Contract Validity Period means the period commencing from the effective date upto the end of the Extended Defect liability Period, if any. “Effecting Date” means date of issuance of Fax of Acceptance/Letter of Acceptance/Letter of Award of Work.
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Related to Contract Validity Period

  • Validity Period means the period for which a bid is to remain valid and binding as stipulated in the relevant tender document.

  • The Contract Value means the amount payable to the Bidder under the contract for the full and proper performance of its contractual obligations.

  • Contract Value means that portion of the Contract Price adjusted to give effect to such additions or deductions as are provided for in the Contract which is properly apportion-able to the Goods or Services in question.

  • Total Contract Value means contract value plus statutory dues like GST etc. and any other amount payable under contract.

  • Maximum Contract Value means the amount specified in the "Limitation of Expenditure" clause set out in the Contract; and

  • Initial Contract Period means the period from the Commencement Date to the date of expiry set out in clause A2 (Initial Contract Period), or such earlier date of termination or partial termination of the agreement in accordance with the Law or the provisions of the Contract.

  • Contract Month means the expiry month January, February, March, April, May, June, July, August, September, October, November, .

  • Annual Contract Value or “ACV” means the net subscription fee for one (1) year as defined in the Order Form for a specific Customer.

  • Minimum Contract Value means 10% of the Maximum Contract Value.

  • Principal Prepayment Period The month preceding the month in which the related Remittance Date occurs.

  • Funding Period means the period beginning on the Closing Date and ending on the first to occur of (a) the Distribution Date on which the amount on deposit in the Pre-Funding Account (after giving effect to any transfers therefrom in connection with the transfer of Subsequent Contracts to the Trust on such Distribution Date) is less than $150,000, (b) the date on which an Event of Termination occurs, (c) the date on which an Insolvency Event occurs with respect to the Trust Depositor and (d) the close of business on the date which is 90 days from and including the Closing Date.

  • Contract Period means the period from the Commencement Date to:

  • Application Period means the months beginning with the month in which the application is considered to be filed, through and including the month in which an eligibility determination is made.

  • Initial Cutoff Date means [________], 20[__].

  • Facility Period means the period beginning on the date of this Agreement and ending on the date when the whole of the Indebtedness has been paid in full and the Security Parties have ceased to be under any further actual or contingent liability to the Finance Parties under or in connection with the Finance Documents.

  • Policy Period means the period commencing from effective date and hour as shown in the Policy Schedule and terminating at midnight on the expiry date as shown in the Policy Schedule.

  • Class A-1 Final Scheduled Payment Date means the Payment Date occurring in May 2023.

  • Application area means the area where the coating is applied by spraying, dipping, or flow coating techniques.

  • Commencement Date of the Contract means the date of signing of the Contract between the Purchaser and the Contractor.

  • Asset Review means any review of representations and warranties conducted by a Non-Lead Asset Representations Reviewer, as contemplated by Item 1101(m) of Regulation AB.

  • Project Preparation Advance is modified to read “Preparation Advance” and its definition is modified to read as follows:

  • Observation Date (k) means the "Observation Date (k)" as specified in § 1 of the Product and Underlying Data. If an Observation Date (k) is not a Calculation Date, the immediately following day, which is a Calculation Date shall be the respective Observation Date (k). The respective Early Payment Date (k) will be postponed accordingly. Interest shall not be payable due to such postponement.

  • Extension Period has the meaning specified in Section 3.12.

  • Repayment Period means the period beginning on the Loan Commencement Date and continuing for 36 calendar months.

  • Application Date means the dates set out in clause 3.1(a), by which Athletes must submit a completed Athlete Application in accordance with clause 8.3 of the NZOC Nomination and Selection Regulation.

  • Collection Period means, with respect to any Payment Date, the period commencing on the first day of the calendar month immediately preceding the month in which such Payment Date occurs (and, in the case of the first Collection Period, the period from (but excluding) the Cutoff Date) and ending on the last day of the calendar month immediately preceding the month in which such Payment Date occurs.

Most Referenced Clauses

Most Referenced Definitions