Follow-on contract definition
WebDefine Follow-On Contract. means situations where the City, in the original Contract or Bid Solicitation document, has indicated the potential for the Award of subsequent phases of a project to the successful service provider; WebMar 31, 2024 · Bridge Contracts (2016-18) When noncompetitive bridge contracts—which include extensions to existing contracts and short-term noncompetitive contracts to avoid a gap in service—are used frequently or for prolonged periods of time, the government is at risk of paying more than it should for goods and services. Year Identified: 2016.
Follow-on contract definition
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WebDec 14, 2024 · (A) a preference for awarding, to the maximum extent practicable, multiple task or delivery order contracts for the same or similar services or property under paragraph (1) (B); and (B) criteria for determining when award of multiple task or delivery order contracts would not be in the best interest of the Federal Government. WebJan 3, 2024 · Virtually all commercial contracts have a termination clause that sets out a mechanism which the parties shall follow while terminating the contract. This blog provides the readers with an outright understanding of the methods of terminating contracts and the legality and enforceability of such methods. Methods of Contract Termination
WebThe DoD reimburses the allowable incurred costs and pays a fixed amount that is negotiated at the beginning of the contract. It may be negotiated as a percentage of the estimated costs but it is written into the contract as a precise amount, not a percentage. If you “overrun” the costs, your fee is the same, or fixed. Webdefinition. Follow-on Support Plan means a future Support Plan associated with a Subscription renewal. “ Fixes ” are fixes, modifications or enhancements, or their derivatives for the Products, that Permutaeither releases generally (such as service packs) or that Permuta provides to Ordering Activity to addressa specific issue. Follow-on ...
WebThe definition of obligation in law refers to the responsibility to follow through on actions agreed upon in a contract, promise, law, oath, or vow. Definitions of Obligation In the original sense, the idea of obligation referred only to the responsibility to pay any money outlined in the terms of specific written documents. WebI bring a balanced, efficient viewpoint to complex communication within internet technology for both business and technology partners. Experience: Sr. Technical Project Manager, Program ...
WebA contract is an agreement between parties, creating mutual obligations that are enforceable by law. The basic elements required for the agreement to be a legally enforceable contract are: mutual assent , expressed by a valid offer and acceptance; adequate consideration ; capacity; and legality. In some states, elements of …
WebApr 4, 2024 · : being or relating to something that follows as a natural or logical consequence, development, or progression follow-on noun Example Sentences Recent … probation officer salary in paWebContract terminology Glossary. You can visit our contract terminology glossary for a comprehensive list of legalese. Below are some of the most important phrases you need to know. Ab Initio (Ab Init ): Latin, meaning from the beginning. Alternative Dispute Resolution (ADR): methods of attempting to resolve a dispute without going to court. regal nursing home cape codWebWhen a contract is set to expire and there is a continuing need for services, but the follow-on contract is not ready to be awarded, the government can extend the … probation officer sacramento county