Percentage Goal definition
Examples of Percentage Goal in a sentence
If at any point during this Agreement, DEVELOPER meets or exceeds one or more of the respective 25%, 18%, 25% SBE Percentage Goals (that are requirements) for the PROJECT, DEVELOPER shall notify the SBE Office, and it shall be deemed that DEVELOPER has achieved that particular, respective component percentage of the SBE Percentage Goal - subject to a successful close-out audit by the SBE Office.
A Contractor shall not owe liquidated damages if it can show that each Contractor made Good Faith Efforts to satisfy the Percentage Goal with regard to its portion of the Project Construction Work.
Completion of a customer profitability, $10,000 110% 100% 50% 0% accountability, and measurement Target Incentive Performance Percentage: Goal Amount Excellent Good Satisfactory Poor ---- system to be implemented by December 31, 1998.
Each Prime Contractor agrees that, if it has not satisfied the Percentage Goal with regard to a particular Covered Contract, it shall pay to the Village liquidated damages in the amount of $.20 per dollar of Covered Contract work by which the Prime Contractor fell short of the Percentage Goal.
Each Contractor agrees that, if it does not satisfy the Percentage Goal in a given calendar quarter, it shall pay to the Village, or other entity as directed by the Village, liquidated damages in the amount of $25.00 per hour short of such requirements.
All TOPs will require a specific DBE Percentage Goal for the individual task order and the contractor will be required to make good faith efforts to reach the goal in accordance with the contractor’s overall DBE Subcontracting Plan and the IDIQ Contract.
Construction work hours to be credited toward the Percentage Goal may be hours of Project Construction Work or work on other construction projects performed by any Contractor.
Good faith efforts to satisfy the Percentage Goal include the steps set forth in Section VI.B.1, above; documentation of reasons for rejection of any bids timely-submitted by Prequalified Contractors or other Targeted Businesses; and documentation of notifications of bidding opportunities for each Construction Subcontract.