Total Cumulative Increase definition

Total Cumulative Increase means the total value of all increases to the original Procurement Value, including the value of all previously approved amendments and the value of the proposed amendment.
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Total Cumulative Increase means the total value of all increases to the original procurement value, including the value of all previously approved amendments and the value of the proposed amendment. SCHEDULE “B” - EXCLUSIONS The following acquisitions and expenditures are excluded from the application of the Procurement By-law:
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Total Cumulative Increase means the value of all increases to the Contract Value.
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Examples of Total Cumulative Increase in a sentence

  • Council approval is required in all cases where the Total Cumulative Increase is both more than $100,000 and more than 10% of the original Contract Value.

  • If the Total Cumulative Increase is either less than $100,000 or less than 10% of the original Contract Value, the contract amendment may be approved at the staff level.

  • Total Cumulative IncreaseAuthorize Amendment< $50,000Department Head≥ $50,000CAOTable 5 – Table of Authority if Total Cumulative Increase is Equal to or More Than 20% of Original Procurement Value Total Cumulative IncreaseAuthorize Amendment< $250,000Chief Administrative Officer≥ $250,000Council Total Cumulative Increase means the total value of all increases to the original Procurement Value, including the value of all previously approved amendments and the value of the proposed amendment.

Related to Total Cumulative Increase

  • Cumulative Outstanding Principal Amount means the aggregate principal amount of each series of Bonds issued and Outstanding from time to time in accordance with the provisions of this Ordinance, as reflected in the records maintained by the Registrar as provided in this Ordinance.

  • Maximum Available Amount means, on any date of determination, an amount equal to the lesser of:

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).