Common use of Maximum Contract Value Clause in Contracts

Maximum Contract Value. The maximum dollar amount for an individual Job Order is three hundred fifty thousand dollars ($350,000). All Job Orders for the same project (original plus any Supplemental Job Orders) shall be treated as a single Job Order for the purpose of the $350,000 limit. A Job Order issued for any particular project must not exceed $350,000, exclusive of sales tax. DocuSign Envelope ID: 24A04815-0A8A-49BE-806A-8B575F877F4E The Owner intends to use the JOC Contractors to perform general construction work including, but not limited to, interior renovations, tenant improvements, interior mechanical, electrical, structural as well as concrete work, asphalt paving, underground utilities, park trails and grounds, communication network installation, channelization, permanent signing and installation of electrical traffic control devices such as flashing beacons and radar feedback signals. The Owner expects the average job to be less than $100,000. This expected average is presented for information only and is not a commitment.

Appears in 1 contract

Sources: Interlocal Cooperative Purchase Agreement

Maximum Contract Value. The maximum dollar amount for an individual Job Order is three hundred fifty thousand dollars ($350,000). All Job Orders for the same project (original plus any Supplemental Job Orders) shall be treated as a single Job Order for the purpose of the $350,000 limit. A Job Order issued for any particular project must not exceed $350,000, exclusive of sales tax. DocuSign Envelope ID: 24A048152D0AAEBA-0A8A-49BE-806A-8B575F877F4E F611-4128-83E9-3FD4EF7376E7 The Owner intends to use the JOC Contractors to perform general construction work including, but not limited to, interior renovations, tenant improvements, interior mechanical, electrical, structural as well as concrete work, asphalt paving, underground utilities, park trails and grounds, communication network installation, channelization, permanent signing and installation of electrical traffic control devices such as flashing beacons and radar feedback signals. The Owner expects the average job to be less than $100,000. This expected average is presented for information only and is not a commitment.

Appears in 1 contract

Sources: Interlocal Cooperative Purchase Agreement