Common use of Maximum Award Clause in Contracts

Maximum Award. To reduce the purchase price, the UDEQ may provide Funding Assistance up to sixty-five percent (65%) of the lowest price quote for each new replacement vehicle purchased by Park City. The total maximum combined Funding Assistance awarded to Park City is $3,693,941.00.

Appears in 2 contracts

Sources: Funding Agreement, Volkswagen Eligible Mitigation Action Funding Agreement