Maximum Contract Price definition

Maximum Contract Price or “MCP” means the maximum amount of total allowable costs under this Contract, as set forth in Article 4(A), which shall be the total amount paid by the Political Subdivision, or Third-Party Lessor on behalf of the Political Subdivision, to Contractor, and which shall include, but not be limited to, the Fixed Limit of Construction Cost, the Measurement and Verification Fee, and any Contingency Funds. It is the maximum amount payable to the Contractor pursuant to this Contract.
Maximum Contract Price. Means The maximum amount that may be paid to the Contractor for the Work under the Contract, as stated in Part I, Section 1.7.
Maximum Contract Price means, in respect of a Month, the Contract Price payable during that Month assuming that the Contractor had provided all of the Prisoner Places required in that Month and such Prisoner Places were Available Prisoner Places during that Month, before deductions but allowing for Indexation under clause 1.4 (Indexation);

Examples of Maximum Contract Price in a sentence

  • The City Manager has authority to execute, without further action of the Milton City Council, any number of Change Orders so long as their total effect does not materially alter the terms of this Agreement or materially increase the Maximum Contract Price, as set forth in Section 5(A) above.

  • Any such Change Orders materially altering the terms of this Agreement, or any Change Order affecting the price where the Maximum Contract Price (as amended) is in excess of $50,000, must be approved by resolution of the Milton City Council.

  • The policy amount shall be equal to 100% of the Maximum Contract Price, written on a Builder’s Risk “All Risk,” or its equivalent.

  • The Contractor represents and warrants that state and local sales tax has been excluded from the Maximum Contract Price, to the extent applicable.

  • If the minor changes subsequently may affect adjustments in the Maximum Contract Price or the Term, the changes shall then be converted to a written Change Order by the requesting Party.


More Definitions of Maximum Contract Price

Maximum Contract Price means the then current maximum RNG supply purchase price approved by the British Columbia Utilities Commission or established by the Province of British Columbia.
Maximum Contract Price means the applicable lawful ceiling price for Natural Gas at the time an Eligible Gas Purchase is consummated as determined by a jurisdictional regulatory authority.
Maximum Contract Price. Means The maximum amount that may be paid to the Contractor for the Work under the Contract, as stated in Part I, Section 1.7. “MBEs” Means Minority-owned Business Enterprises “Member” Means Any person associated with another person or entity as a partner, director, officer, principal or employee. “M/WBE Compliance Reports” Means As described in Part II, Section 18.6. “M/WBEs” Means MBEs and WBEs, collectively.
Maximum Contract Price means the total contract price set out in the Articles of Agreement, or otherwise as amended pursuant to the Change Order Process.
Maximum Contract Price means the applicable lawful ceiling price for Approved Products at the time a Contract Transaction is consummated.
Maximum Contract Price. [INSERT PRICE]
Maximum Contract Price. Project: Brooklyn Bridge Park