Total Contract Value definition
Examples of Total Contract Value in a sentence
The "Total Contract Value" is the total sum of all Rental Installments due during the Lease Term.
For the Contract Year April 1, 2019 to March 31, 2020, the Estimated Total Contract Value shall be $1,386,130.00, plus a 30% contingency amount of $415,839.00, for a Maximum Contract Value (defined below) of $1,801,969.00.
DCAMM may, in its sole discretion, chose to treat any request for a change to the Services as a Change Order or amendment, depending on the nature of the requested change and its overall impact on the Total Contract Value or this scope of Services.
Expenses for inspection of material by CONTRACTOR and/or DCAMM personnel including travel, quarters, and subsistence shall be borne by CONTRACTOR requesting the inspection of material stored outside the Commonwealth of Massachusetts as part of the Total Contract Value.
If CONTRACTOR is itself an MBE or WBE, MBE/WBE participation credit shall be given in an amount equal to the entire Total Contract Value less the value of the Services actually performed by other MBE or WBE firms on the Contract.