Maximum Contract Price definition

Maximum Contract Price or “MCP” means the maximum amount of total allowable costs under this Contract, as set forth in Article 4(A), which shall be the total amount paid by the Political Subdivision, or Third-Party Lessor on behalf of the Political Subdivision, to Contractor, and which shall include, but not be limited to, the Fixed Limit of Construction Cost, the Measurement and Verification Fee, and any Contingency Funds. It is the maximum amount payable to the Contractor pursuant to this Contract.

Maximum Contract Price. Means The maximum amount that may be paid to the Contractor for the Work under the Contract, as stated in Part I, Section 1.7.

Maximum Contract Price means, in respect of a Month, the Contract Price payable during that Month assuming that the Contractor had provided all of the Prisoner Places required in that Month and such Prisoner Places were Available Prisoner Places during that Month, before deductions but allowing for Indexation under clause 1.4 (Indexation);

Examples of Maximum Contract Price in a sentence

• Contractor shall promptly refund any moneys erroneously charged and shall be liable for the costs of audit if the audit establishes an over-charged of five percent (5%) or more of the Maximum Contract Price.

• In the event any such changes result in a reduction of the scope of services, the Maximum Contract Price will be correspondingly reduced to reflect the deleted services.

• The City Manager has authority to execute, without further action of the Mayor or City Council, any number of Change Orders so long as their total effect does not materially alter the terms of this Agreement or materially increase the Maximum Contract Price, as set forth in Section III(B) below.

• The Maximum Contract Price shall be payable as provided in Article II of the Contract and Appendix C of the Contract.

• The penalty provided by section 7342 shall apply to any refusal to admit entry or other refusal to permit an action by the Secretary authorized by paragraph (1), except that section 7342 shall be applied by substituting "$1,000" for "$500" for each such refusal.

More Definitions of Maximum Contract Price

Maximum Contract Price means the then current maximum RNG supply purchase price approved by the British Columbia Utilities Commission or established by the Province of British Columbia.

Maximum Contract Price. Means The maximum amount that may be paid to the Contractor for the Work under the Contract, as stated in Part I, Section 1.7. “MBEs” Means Minority-owned Business Enterprises “Member” Means Any person associated with another person or entity as a partner, director, officer, principal or employee. “M/WBE Compliance Reports” Means As described in Part II, Section 18.6. “M/WBEs” Means MBEs and WBEs, collectively.

Maximum Contract Price. Project: Brooklyn Bridge Park

Maximum Contract Price means the applicable lawful ceiling price for Approved Products at the time a Contract Transaction is consummated.

Maximum Contract Price means the applicable lawful ceiling price for Natural Gas at the time an Eligible Gas Purchase is consummated as determined by a jurisdictional regulatory authority.

Maximum Contract Price means the total contract price set out in the Articles of Agreement, or otherwise as amended pursuant to the Change Order Process.

Maximum Contract Price means, in respect of a Month, the Contract Price payable during that Month assuming that the Contractor had provided all of the Prisoner Places required in that Month and such Prisoner Places were Available Prisoner Places during that Month, before deductions but allowing for Indexation under clause 1.4 (Indexation);“Medium Value Change”has the meaning given to it in Part 1 of Schedule 9 (Change Protocol);“Minimum Requirements”means, in relation to a Prisoner Place, the requirements so described as set out in Schedule 1 (Authority’s Requirements);“Mobilisation Costs”means the costs arising out of the implementation by the Contractor of its Mobilisation Plan that are not included in Planned Capital Expenditure and that are expressly itemised and identified in the “Total Other Mobilisation Transition Costs” cost line of the “Other Mobilisation and Transition Costs” cost category and the “Total Other Mobilisation and Transition Costs” cost line of the “Featherstone II Additional Mobilisation & Transition Costs” cost category in the Base Case;“Mobilisation Plan”means the plan attached at Schedule 26 (Mobilisation Plan) specifying the Contractor’s obligations, from the Commencement Date, for the ramp-up and mobilisation of its staff and for its preparations to comply with its obligations under this Contract to deliver the Custodial Service from the Services Commencement Date;“Month”means a calendar month;“Multi Agency Public Protection Arrangements” or “MAPPA”means those arrangements as established under the Criminal Justice Act 2000 and as subsequently amended by the Criminal Justice Act 2003, which require the police, prison and probation services to establish, review and monitor arrangements for assessing and managing the risks posed by serious and violent offenders;