Fund Availability and Annual Appropriation Clause Samples

The Fund Availability and Annual Appropriation clause establishes that the fulfillment of contractual obligations is contingent upon the availability of funds appropriated by the relevant government authority for each fiscal year. In practice, this means that if the necessary funds are not allocated or become unavailable in future budget cycles, the government may reduce or terminate its commitments under the contract without penalty. This clause is essential for managing financial risk and ensuring that government agencies do not commit to expenditures beyond their legally authorized budgets.
Fund Availability and Annual Appropriation. Financial obligations of the BOCC, payable after the current fiscal year, are contingent not only upon a mutual agreement to renew this Contract as stated in Paragraph 2 but also the budgeting, appropriation and other acts as necessary to make funds available for such renewal. If this Contract is funded in whole or in part with state funds, it is subject to and contingent upon the continuing availability of state funds for the purposes hereof. If this Contract is funded in whole or part with federal funds, it is subject to and contingent upon the continuing availability of federal funds for the purposes hereof. The BOCC represents that it has properly budgeted and appropriated sufficient funds for the performance anticipated during the initial term of this Contract. To the extent this Contract requires performance or actions by the BOCC subsequent to the initial term, such performance or actions are specifically contingent on appropriation of funds to support those activities. If the subject of this Contract is for the design or construction of a public works project, as contemplated by Colorado Revised Statutes § 24-91-103.6, as amended, this section shall constitute notice of phased construction with initial appropriation for the current fiscal and calendar year. The BOCC may consider subsequent appropriations necessary for performance by the Vendor in any following calendar and fiscal years if the BOCC desires such performance.
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Fund Availability and Annual Appropriation. If this Contract is funded in whole or in part with state funds, it is subject to and contingent upon the continuing availability of state funds for the purposes hereof. Financial obligations of the BOCC, payable after the current fiscal year, are contingent not only upon a mutual agreement to renew this Contract as stated in ¶2 but also the budgeting, appropriation and other acts as necessary to make funds available for such renewal. The BOCC represents that it has properly budgeted and appropriated sufficient funds for the performance anticipated during the initial term of this Contract. To the extent this Contract requires performance or actions by the BOCC subsequent to the initial term, such performance or actions are specifically contingent on appropriation of funds to support those activities. If the subject of this Contract is for the design or construction of a public works project, as contemplated by C.R.S. §24-91-103.6, as amended, this section shall constitute notice of phased construction with initial appropriation for the current fiscal and calendar year. The BOCC may consider subsequent appropriations necessary for performance by the Contractor in any following calendar and fiscal years if the BOCC desires such performance.
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Fund Availability and Annual Appropriation. If this Contract is funded in whole or in part with state and/or federal funds, it is subject to and contingent upon the continuing availability of those funds for the purposes hereof. Financial obligations of the BOCC, payable after the current fiscal year, are contingent not only upon a mutual agreement to renew this Contract as stated in ¶2 but also the budgeting, appropriation and other acts as necessary to make funds available for such renewal. The BOCC represents that it has properly budgeted and appropriated sufficient funds for the performance anticipated during the initial term of this Contract. To the extent this Contract requires performance or actions by the BOCC subsequent to the initial term, such performance or actions are specifically contingent on appropriation of funds to support those activities. If the subject of this Contract is for the design or construction of a public works project, as contemplated by C.R.S. §24-91-103.6, as amended, this section shall constitute notice of phased construction with initial appropriation for the current fiscal and Jamaica ▇▇▇▇▇ Procurement and Contracts Director 11/30/2021 Attachments: A – Scope of Work (Required) B –Contractor’s Additional Terms (Optional) Garfield County invites all qualified companies and individuals to submit a bid for providing road sanding material for two Garfield County Road and Bridge locations. Sanding material must be available for both pick up by Garfield County or delivery by successful bidder(s). The successful bidder(s) pit location must be located no more than 10 miles from the following locations. Sanding material must be available for delivery or pick up beginning January 1, 2022. Storage: Successful bidder(s) are responsible for stockpiling the sanding material in an area easily accessible by Garfield County personnel and will supply the necessary equipment (loader) to load sanding material into Garfield County trucks. Successful bidder will make necessary screen analysis for approval of materials before pick up or delivery of the material. Successful bidder will provide the Garfield County Road and Bridge department a sample of sanding material before a purchase order will be issued. Delivery weight tickets must be submitted to Garfield County Road and Bridge personnel upon delivery of each load. Total quantity to be purchased is unknown, and completely dependent upon winter weather conditions. No minimum or maximum amount is guaranteed. The bid quantity of 5,000 t...
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Fund Availability and Annual Appropriation. If this Contract is funded in whole or in part with state and/or federal funds, it is subject to and contingent upon the continuing availability of those funds for the purposes hereof. The BOCC represents that it has properly budgeted and appropriated sufficient funds for the performance anticipated during the term of this Contract. To the extent this Contract requires performance or actions by the BOCC subsequent to the initial term, such performance or actions are specifically contingent on appropriation of funds to support those activities. If the subject of this Contract is for the design or construction of a public works project, as contemplated by C.R.S. § 24-91-103.6, as amended, this section shall constitute notice of phased construction with initial appropriation for the current fiscal and calendar year. The BOCC may consider subsequent appropriations necessary for performance by the Contractor in any following calendar and fiscal years if the BOCC desires such performance. Attachments: A – Scope of Work (Required) B –Contractor’s Additional Terms (Optional) In accordance with Article 5.2 of the Garfield County Procurement Code (“GCPC”), Garfield County is soliciting completive sealed bids from qualified individuals or companies to provide a new ▇▇▇▇ Deere TerrainCut 1585 Front Mower or approved equal. As more clearly defined in article 4.3.4 of the GCPC, the nature of the Brand name or equal specifications is for the purpose of describing the standard of quality, performance, and characteristics desired and is not intended to limit or restrict competition. All equals must be submitted in writing on or before the question deadline. All equals must be approved through a formal addendum.
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Fund Availability and Annual Appropriation. If this Contract is funded in whole or in part with state and/or federal funds, it is subject to and contingent upon the continuing availability of those funds for the purposes hereof. Financial obligations of the BOCC, payable after the current fiscal year, are contingent not only upon a mutual agreement to renew this Contract as stated in ¶2 but also the budgeting, appropriation and other acts as necessary to make funds available for such renewal. The BOCC represents that it has properly budgeted and appropriated sufficient funds for the performance anticipated during the initial term of this Contract. To the extent this Contract requires performance or actions by the BOCC subsequent to the initial term, such performance or actions are specifically contingent on appropriation of funds to support those activities. If the subject of this Contract is for the design or construction of a public works project, as contemplated by C.R.S. §24-91-103.6, as amended, this section shall Jamaica ▇▇▇▇▇ Procurement and Contracts Director February 24, 2022 Notary Public Attachments: A – Scope of Work (Required) B –Contractor’s Additional Terms (Optional) Attachment A Scope of Work‌ As Needed Culverts IFB-▇▇-▇▇-04-22‌ In accordance with Article 5.2 of the Garfield County Procurement Code (“GCPC”), Garfield County is soliciting competitive sealed bids from qualified individuals or companies to supply and deliver as needed culvert materials in 2022.
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Fund Availability and Annual Appropriation. Pitkin County acknowledges that the appropriate percentage or portion of its funds, if any, to be utilized ascompensation under this Agreement have been appropriated and budgeted or otherwise made available through the initial term of the Agreement. Any work performed in excess of amounts appropriated shall be solely the risk of Garfield County. The parties' obligations under this Agreement are subject to each individual party' s annual right to budget and appropriate the sums necessary to provide the services set forth herein. No provision of this Agreement shall be construed or interpreted as creating a multiple fiscal year direct or indirect debt or other financial obligation of either or both parties within the meaning of any constitutional or statutory debt limitation. This Agreement shall not be construed to pledge or create a lien on any class or source of either parties' bonds or any obligations payable from any class or source of eachindividual party's money.
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Related to Fund Availability and Annual Appropriation

  • Annual Appropriation of Funds Contractor acknowledges that the Contract term may extend over multiple City fiscal years, and that work and compensation under this Contract is contingent on the City Council appropriating funding for and authorizing such work and compensation for those fiscal years. This Contract may be terminated at the end of the fiscal year for which sufficient funding is not appropriated and authorized. City is not obligated to pay Contractor for any amounts not duly appropriated and authorized by City Council.

  • Availability of Earnings Statements The Company shall make generally available to holders of its securities as soon as may be practicable but in no event later than the last day of the fifteenth (15th) full calendar month following the calendar quarter in which the most recent effective date occurs in accordance with Rule 158 of the Rules and Regulations, an earnings statement (which need not be audited but shall be in reasonable detail) for a period of twelve (12) months ended commencing after the effective date, and satisfying the provisions of Section 11(a) of the Act (including Rule 158 of the Rules and Regulations).

  • General Availability The commitment to availability specified in the letter of appointment shall be subject to mutually acceptable revision. Such revision will occur once per year, or, if mutually agreed between the Employer and the employee, on a more frequent basis. The Employer will issue a revised letter of appointment to reflect approved changes to employee’s general availability.

  • High Availability Registry Operator will conduct its operations using network and geographically diverse, redundant servers (including network-­‐level redundancy, end-­‐node level redundancy and the implementation of a load balancing scheme where applicable) to ensure continued operation in the case of technical failure (widespread or local), or an extraordinary occurrence or circumstance beyond the control of the Registry Operator. Registry Operator’s emergency operations department shall be available at all times to respond to extraordinary occurrences.

  • Non-Availability of Funds The obligation of the RCO to make payments is contingent on the availability of state and federal funds through legislative appropriation and state allotment. If amounts sufficient to fund the grant made under this Agreement are not appropriated to RCO for expenditure for this Agreement in any biennial fiscal period, RCO shall not be obligated to pay any remaining unpaid portion of this grant unless and until the necessary action by the Legislature or the Office of Financial Management occurs. If RCO participation is suspended under this section for a continuous period of one year, RCO’s obligation to provide any future funding under this Agreement shall terminate. Termination of the Agreement under this section is not subject to appeal by the Sponsor.