Multiyear contract definition

Multiyear contract means a contract that extends beyond a one-year period, including a contract that permits renewal of the contract, without competition, beyond the first year of the contract.
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Multiyear contract means a contract that extends beyond a one-year period,
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Multiyear contract means contracts for a term of more than one year,
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Examples of Multiyear contract in a sentence

  • Program Description: Multi-year contract between the Department of Health and Mental Hygiene and the Centers for Disease Control and Prevention to conduct tuberculosis control and prevention studies.

  • Multi-year contract for Head Men’s Football Coach Idaho State Board of Education Governing Policies & Procedures, Section II.H.1 and II.F.2.

  • DocuSign Envelope ID: 1767BDF6-9E98-490E-A853-6AD0C1B3B9DD DocuSign Envelope ID: 1767BDF6-9E98-490E-A853-6AD0C1B3B9DD Chicago Government Illinois - IL Vendor managed inventory Multi-year contract.

  • Multi-year contract Customers should do this in the billing cycle preceding the last billing cycle of the existing contract term to avoid any early termination fees or other special fees or charges.

  • City of New Government New York - NY Vendor managed inventory Multi-year contract.


More Definitions of Multiyear contract

Multiyear contract means a contract for the purchase of supplies or services for more than one, but not more than five, program years. A multiyear contract may provide that performance under the contract during the second and subsequent years of the contract is contingent upon the appropriation of funds, and (if it does so provide) may provide for a cancellation payment to the
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Multiyear contract means a contract for the purchase of supplies or services with a performance period of more than twelve months at the time of its initial execution. A contract with a performance period of twelve or fewer months with subsequent renewal options on the part of the state of no more than one year does not constitute a multiyear contract. Written approval by the procurement official or his or her designee is required prior to entering into a multiyear contract.
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Multiyear contract means a contract for the purchase of supplies or services for more than one, but not more than five, program years. A multiyear contract may provide that performance under the contract during the second and subsequent years of the contract is contingent upon the appropriation of funds, and (if it does so provide) may provide for a cancellation payment to be made to the contractor if appropriations are not made. The key distinguishing difference between multiyear contracts and multiple year contracts is that multiyear contracts buy more than one year’s requirement (of a product or service) without establishing and having to exercise an option for each program year after the first, whereas multiple year contracts have a term of more than one year regardless of fiscal year funding, as defined in FAR Subpart 22.10—Service Contract Act of 1965, as Amended.
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Multiyear contract means contracts for a term of more than
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Multiyear contract means a contract that requires appropriations for more than 1 fiscal year.
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Multiyear contract means a contract that extends beyond a one-year period, includinga contract that permits renewal of the contract, without competition, beyond the first year of the contract. 1587 [(50)] (51) "Municipality" means a city or town. 1588 [(51)] (52) "Nonadopting local government procurement unit" means: 1589 (a) a county or municipality that has not adopted Part 16, Protests, Part 17, Procurement Appeals Board,
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Multiyear contract means contracts for a term of more than one year, not to exceed ten years and includes contracts the following:
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