Common use of Multi-Year Commitment Clause in Contracts

Multi-Year Commitment. Whereas the Commission is created in the Florida Department of Transportation (Department) and assigned to the Secretary of the Florida Department of Transportation for administrative and fiscal accountability purposes; in the event this agreement is in excess of $25,000 and has a term for a period of more than one year, the provisions of Section 339.135(7)(a) and Section 287.058, Florida Statutes, are hereby incorporated:

Appears in 2 contracts

Sources: Trip & Equipment Grant Agreement, Grant Agreement