Examples of Period Contract in a sentence
Fixed Period Contract with Renewals: The Contract becomes effective upon Vendor’s receipt of thenotice to proceed and part of the Contract must be completed within days.
Fixed Period Contract: The Contract becomes effective upon Vendor’s receipt of the notice to proceedand must be completed within .
If either “Fixed Period Contract” or “Fixed Period Contract with Renewals” has been checked, Vendor must not begin work until it receives a separate notice to proceed from the State.
Fixed Period Contract with Renewals: The Contract becomes effective upon Vendor’s receipt of the notice to proceed and part of the Contract must be completed within days.
For example, assuming a one-year Guarantee Period, Contract Value transferred to the Fixed Account on June 1 would have a Guarantee Period starting on that date and ending on June 30 of the following year.