Multiyear contract definition

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.
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Multiyear contract means a contract that extends beyond a one-year period,
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Multiyear contract means a contract for the purchase of supplies or services for more than one, but not more than five, program years. A multiyear contract may provide that performance under the contract during the second and subsequent years of the contract is contingent upon the appropriation of funds, and (if it does so provide) may provide for a cancellation payment to the
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Examples of Multiyear contract in a sentence

  • Multi-year contract procedures provide for the amortization of certain costs over the entire contract quantity resulting in identical (level) unit prices (except when the economic price adjustment terms apply) for all items or services under the multi-year contract.

  • Multi-year contract award for FY 2013 and FY 2012 with Department of Energy – Energy Program appropriated funds, regardless of dollar amount.

  • Any contract that provides for expenditures in excess of on million dollars ($l,000,000.00) in a twelve (12) month period or any contract which is a Multiyear contract shall not be binding or give rise to any claim or demand against the Hospital until approved by the Council of the District of Columbia and thereafter signed by the Contracting Officer.

  • Multi-year contract means a contract for the purchase of supplies or services for more than one (1), but not more than five (5), fiscal years.

  • Any contract that provides for expenditures in excess of a million dollars ($l,000,000.00) in a twelve (12) month period or any contract which is a Multiyear contract shall not be binding or give rise to any claim or demand against the Hospital until approved by the Council of the District of Columbia and thereafter signed by the Contracting Officer.

  • Multi-year contract faculty are expected to teach five three credit courses each semester.

  • Both are offered Monday through Friday and teachers are rotated weekly.

  • Ensure that all parents/caregivers receive educational materials which respect their cultural and literacy needs.

  • Amend § 1430.112 by revising paragraph (b) to read as follows:§ 1430.112 Multi-year contract.* * * * *(b) Failure to pay administrative fees and premiums will result in the loss or reduction of coverage, as applicable, and the participating dairy operation remains obligated to pay such administrative fees and premiums as specified in § 1430.109.* * * * *Val Dolcini,Administrator, Farm Service Agency, and Executive Vice President, Commodity Credit Corporation.[FR Doc.

  • This description is aligned with Marshall’s (1984) findings that a primary motivation for women managers was doing work that challenged their capabilities.


More Definitions of Multiyear contract

Multiyear contract means contracts for a term of more than one year,
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Multiyear contract means a contract for the purchase of supplies or services with a performance period of more than twelve months at the time of its initial execution. A contract with a performance period of twelve or fewer months with subsequent renewal options on the part of the state of no more than one year does not constitute a multiyear contract. Written approval by the procurement official or his or her designee is required prior to entering into a multiyear contract.
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Multiyear contract means a contract for the purchase of supplies or services for more than one, but not more than five, program years. A multiyear contract may provide that performance under the contract during the second and subsequent years of the contract is contingent upon the appropriation of funds, and (if it does so provide) may provide for a cancellation payment to be made to the contractor if appropriations are not made. The key distinguishing difference between multiyear contracts and multiple year contracts is that multiyear contracts buy more than one year’s requirement (of a product or service) without establishing and having to exercise an option for each program year after the first, whereas multiple year contracts have a term of more than one year regardless of fiscal year funding, as defined in FAR Subpart 22.10—Service Contract Act of 1965, as Amended.
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Multiyear contract means a contract that requires appropriations for more than 1 fiscal year.
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Multiyear contract means contracts for a term of more than
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Multiyear contract means contracts for a term of more than one year, not to exceed ten years and includes contracts the following:
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Related to Multiyear contract

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • Other Contract means any agreement entered into between the Contractor and the City that is (i) formed under the authority of MCC Ch. 2-92; (ii) for the purchase, sale or lease of real or personal property; or (iii) for materials, supplies, equipment or services which are approved and/or authorized by the City Council.

  • CFD Contract or "CFD" shall mean a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • Provider contract means any contract between a provider and a carrier (or a carrier's network,

  • Master Contract means the CATS Master Contract between the Maryland Department of Budget and Management andTO Contractor dated December 19, 2005.

  • Sub-contracting means the primary contractor’s assigning or leasing or making out work to, or employing another person to support such primary contractor in the execution of part of a project in terms of the contract.

  • Group contract means a contract for health care services which by its terms limits eligibility to members of a specified group. The group contract may include coverage for dependents.

  • Service Contract means, with respect to a Financed Vehicle, the agreement, if any, financed under the related Receivable that provides for the repair of such Financed Vehicle.

  • Smart contract means a computer program stored in an electronic ledger system wherein the outcome of the execution of the program is recorded on the electronic ledger;

  • Key Sub-Contract means each Sub-Contract with a Key Sub-Contractor;

  • Public contract means an agreement between a public body and a nongovernmental source that is

  • Prime Contract means the contract between LOCKHEED MARTIN and the U.S. Government or between LOCKHEED MARTIN and its higher-tier contractor who has a contract with the U.S. Government.