Original Contract Value definition

Original Contract Value means the sum stated in the letter of Acceptance/Contract Agreement.
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Original Contract Value means the sum stated in the Work Order/Contract Agreement.
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Original Contract Value means the aggregate project value specifically approved by City Council, or the face value of a contract if no such value is specifically approved by City Council.
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Examples of Original Contract Value in a sentence

  • Original Contract Value/ Modified Contract Value: y coordinate, in thousands of dollars.

  • The following table provides a summary of the Contractor’s requests for payment, and the resulting percent complete: Original Contract Value Project percent complete based on time elapsedThe contract time to the EPA required milestone for the BAF treatment system completion is 1186 calendar days.

  • GENERAL RULES & DIRECTIONS Officer Inviting Tender Regional Manager Maximum works that can be executed under the contract Up to 125 % of Original Contract Value.

  • Estimated Original Contract Value The estimated valuation of the works to be carried out or the estimated contract value at the commencement date of the Contract Works.

  • This Condition shall apply to the Contract provided that the Estimated Original Contract Value is £1,000,000 or more and for the purpose of Paragraph 63 of The Joint Code, if the Estimated Original Contract Value exceeds £1,000,000 it shall be deemed to be a large project.

  • The maximum We will pay in respect of any one loss under this Extension shall not exceed 10% of the Estimated Original Contract Value.

  • If the tenderer is lowest in two tenders of NIT Values of Rs. 6 Crores and Rs. 12 Crores respectively and he is executing the work in (ADI – MSH GC Project) of unfinished value of Rs. 6 Crores (Original Contract Value is Rs. 10 Crores and Gross payment received is Rs. 4 Crores) then: Minimum bid capacity required is of Rs. 24 Crores [Rs. 18 Crores (total NIT Values of two tenders where the tenderer is lowest) + Rs. 6 Crores (Unfinished Value of ongoing contract)].

  • In case, the contractor does not achieve a particular milestone or the re-scheduled milestone(s), payment @0.25% of Original Contract Value per week shall be withheld against that milestone, to be adjusted against the compensation levied at the final grant of Extension of Time.

  • Original Contract Value $ 8,215,100.00SUBMISSION DATE 214 North Duke Street Lancaster, PA 17602 p | 717.393.3211 f|717.393.3212 www.marottamain.comCVSD - Brownstown GC - Lobar, Inc.

  • Project city/agency/other: Contact name: Phone: Project award date: Original Contract Value: Term of Contract: 1) Status of contract: 2) Identify claims/litigation or settlements associated with the contract: By signing this Form entitled “Status of Past and Present Contracts,” I am affirming that all of the information provided is true and accurate.


More Definitions of Original Contract Value

Original Contract Value means the sum stated in the letter of
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Original Contract Value. NTE CURRENT OR COMPLETED CONTRACT VALUE: (contractor may update) _________________________ PERIOD OF PERFORMANCE: COMPETITIVE/NONCOMPETITIVE/FOLLOW-ON (circle, underline or highlight appropriate description) PROGRAM TITLE: KIV-7 CONTRACT EFFORT DESCRIPTION: (unclassified - as provided in solicitation package and completed as part of the award document) PLACE OF PERFORMANCE: Torrance, CA POINT OF CONTACT/PHONE NUMBER: CONTRACTING OFFICER: PROGRAM MANAGER:
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Related to Original Contract Value

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

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

  • 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.

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

  • Original contract price means the award price of the contract; or, for requirements contracts, the price payable for the estimated total quantity; or, for indefinite-quantity contracts, the price payable for the specified minimum quantity. Original contract price does not include the price of any options, except those options exercised at the time of contract award.

  • Original Contract means the initial contract or price agreement solicited and awarded during a cooperative procurement by an administering contracting agency.

  • Approximate original contour means that surface configuration achieved by backfilling and grading of the mined area so that the reclaimed area, including any terracing or access roads, closely resembles the general surface configuration of the land prior to mining and blends into and complements the drainage pattern of the surrounding terrain, with all highwalls and spoil piles eliminated. Water impoundments may be permitted where the board determines that they are in compliance with section 34-33-120 (2)(h).

  • Pool Balance means, as of any date, the aggregate Principal Balance of the Receivables (exclusive of all Administrative Receivables for which the Servicer has paid the Administrative Purchase Payment, Warranty Receivables for which the Seller has paid the Warranty Purchase Payment and Defaulted Receivables) as of the close of business on such date.

  • Worst Value means, in respect of a SPS Valuation Date, the lowest Underlying Reference Value for any Underlying Reference in the Basket in respect of such SPS Valuation Date.

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Annual Balanced Budget means that, in each Funding Year of the term of this Agreement, the total revenues of the HSP are greater than or equal to the total expenses, from all sources, of the HSP;