Multiple year contracts definition

Multiple year contracts means contracts having a term of more than 1 year regardless of fiscal year funding. The term includes multi year contracts (see 17.103).
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Multiple year contracts as used in this subpart, means contracts having a term of
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Examples of Multiple year contracts in a sentence

  • Section 2 Multiple year contracts up to a maximum of two (2) years may be granted Administrators when recommended by the Superintendent and approved by formal resolution of the Board of Education.

Related to Multiple year contracts

  • Multiyear contract means a contract that extends beyond a one-year period, including a contract that permits renewal of the contract, without competition, beyond the first year of the contract.

  • Multiple award contracts means the award of a contract for an indefinite quantity of a procurement item to more than one person.

  • One-hundred-year flood means a flood having a one per cent chance of being equaled or exceeded in any given year.

  • contributory employment and support allowance means an allowance under Part 1 of the Welfare Reform Act 2007 as amended by the provisions of Schedule 3, and Part 1 of Schedule 14, to the Welfare Reform Act 2012 that remove references to an income-related allowance and a contributory allowance under Part 1 of the Welfare Reform Act 2007 as that Part has effect apart from those provisions;

  • Multiple Employer Plan means a Plan which has two or more contributing sponsors (including the Borrower or any ERISA Affiliate) at least two of whom are not under common control, as such a plan is described in Section 4064 of ERISA.