Virginia Advisory and Service Contract - Management Contract

State:
Multi-State
Control #:
US-CC-11-235J
Format:
Word; 
Rich Text
Instant download

Description

This is an Advisory and Service Contract, to be used across the United States. It is a Management Contract between investment company and investment adviser.
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  • Preview Advisory and Service Contract - Management Contract
  • Preview Advisory and Service Contract - Management Contract
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  • Preview Advisory and Service Contract - Management Contract
  • Preview Advisory and Service Contract - Management Contract
  • Preview Advisory and Service Contract - Management Contract
  • Preview Advisory and Service Contract - Management Contract
  • Preview Advisory and Service Contract - Management Contract
  • Preview Advisory and Service Contract - Management Contract
  • Preview Advisory and Service Contract - Management Contract

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FAQ

All public contracts with nongovernmental contractors for the purchase or lease of goods, or for the purchase of services, insurance, or construction, shall be awarded after competitive sealed bidding, or competitive negotiation as provided in this section, unless otherwise authorized by law.

These agreements are generally enforceable in Virginia as long as they contain the basic terms of a contract: offer, acceptance, and consideration. However, there are exceptions to the rule that oral contracts are binding on the parties to them.

Any public body may participate in, sponsor, conduct, or administer a joint procurement agreement on behalf of or in conjunction with one or more other public bodies, or public agencies or institutions or localities of the several states, of the United States or its territories, the District of Columbia, the U.S. ...

Every agency of local government that acquires goods or services, or conducts any other type of contractual business with a nongovernmental, privately owned enterprise, shall promptly pay for the completed delivered goods or services by the required payment date.

A payment clause that obligates the contractor on a construction contract, in the event that the contractor has not received payment from the state agency or local government for work performed by a subcontractor under such contract, to be liable for the entire amount owed to such subcontractor and to pay such ...

In the area of law, for a contract to be legally enforceable, several requirements must be met, including an offer; acceptance of that offer; mutual understanding of the agreement; capacity to agree; an item or service; consideration in exchange for the item or service; and legality of the contract itself, including ...

A. All public contracts with nongovernmental contractors for the purchase or lease of goods, or for the purchase of services, insurance, or construction, shall be awarded after competitive sealed bidding, or competitive negotiation as provided in this section, unless otherwise authorized by law. B.

The Virginia Public Procurement Act §2.2-4300 of the Code of Virginia provides guidance regarding public policies pertaining to governmental procurement from nongovernmental sources, to include governmental procurement that may or may not result in monetary consideration for either party.

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Virginia Advisory and Service Contract - Management Contract