Sentence examples for umbrella contracts from inspiring English sources

Umbrella contracts circumscribe an in-built platform or 'architecture' that enables regular and repeated knowledge-intensive interactions.

Thirteen years later, she's still trying to nab one of the large umbrella contracts with the federal government that could double the size of her business in just a few years.

Dividing the effort among 24 umbrella contracts would "give a company a monopoly over a large sector" of the rebuilding, Waxman said.

Different types of framework agreements may have different names depending on the context or legal system —for example, long-term agreements (LTAs), task-order contracts, indefinite-quantity contracts, call-off contracts, umbrella contracts, rate or running contracts, system contracts, general service agreements, blanket purchase agreements, and standing offers.

The KBR report, which remains classified to this day, convinced Cheney that it was indeed possible to create one umbrella contract and award it to a single firm.

An umbrella contract, in particular, is an abstraction of possibility and a refined version of the substance of business interaction in which resource leveraging may or may not occur.

KBR won this and most of its other Pentagon contracts in a competition with other contractors, but KBR is the sole source for the many tasks that fall under the umbrella contract.

Richard Steiner, associate provost of SUNY and director of the research foundation, said such an umbrella contract between SUNY and the research foundation would be submitted for approval to the state comptroller, H. Carl McCall, before other organizations to do the work had been named.

"When dealing with an umbrella contract like a World Wide Protective Services (WPPS) task order that had several contractors, federal law requires that all such contractors be given a fair opportunity to compete for task orders issued under that contract," the State Department spokesman said.

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Technip has awarded BASF an engineering partner umbrella service contract for chemical and petrochemical projects.