maximum contract allowance. The amount on which Delta Dental bases its payment (for example, a benefit level of 80% would be 80% of the contract allowance).
What does this mean? The maximum contract value is the upper limit of the amount (not including VAT, if applicable) that can be spent on developing a solution to the Challenge through CivTech, over the whole life of the project.
A guaranteed maximum price (GMP) contract is a document that allows customers to reimburse contractors for materials and labor and pay a fixed fee up to a maximum amount. If you're considering using such a contract, it can be helpful to learn more about it and review its benefits.
Under the CBA ratified in July 2017, the cap will continue to vary in future seasons based on league revenues. For the 2024–25 season, the cap is set at $140.588 million. Half of major American leagues (NFL, NHL) have hard caps while the NBA and MLB have soft salary caps.
The 19-year-old American professional basketball player for the Milwaukee Bucks of the National Basketball Association (NBA), Tyler Smith, who previously played for the NBA G League Ignite teams, will be the lowest-paid player this season with a yearly salary of $1,157,153.
A seven-time NBA All-Star, Embiid and the 76ers agreed to a $193 million extension with a player option for the 2028-29 season, per multiple reports.
The honor of current highest-paid player in the NBA goes to … Stephen Curry, point guard for the Golden State Warriors. At $55.8 million, Curry is by far the highest paid player in the NBA.
One of the defining characteristics of the modern NBA is the maximum contract, commonly referred to as “the max,” or a “max contract.” In the simplest terms, a max contract is the most money a player can earn according to the CBA.
In the National Basketball Association (NBA), a team can have up to two maximum contracts on their roster at any one time. A maximum contract is the highest amount of money that a team can offer a player based on their years of service in the league and the NBA's salary cap rules.
Maximum Contract Value means the amount specified in the “Limitation of Expenditure” clause set out in the Contract; and “Minimum Contract Value” means $ (to be filled in at contract award).
A GMP contract shifts risks associated with cost overruns and project delays to the contractor, providing greater protection against unexpected costs or delays.
As such, the calculations for these metrics are as follows: TCV = Monthly recurring revenue x Duration of contract [in months] + one-time fees. ACV = (Total Contract Value - one-time fees) / Duration of contract [in years]
Once you reach your annual maximum, you must pay for 100% of the cost of the dental treatments you receive in that benefit period. While your annual maximum might seem high, understand that dental costs can add up quickly. Therefore, it's important to plan accordingly so you can make the most out of your benefits.
Contractual allowance is a term commonly used in healthcare revenue cycle management (RCM) to refer to the difference between the amount charged for a healthcare service and the amount that the healthcare provider is contractually allowed to collect from the patient or the patient's insurance company.
Pri Ins: The insurance estimates for the insurance plan listed first in the Family Module. Priority: The procedure's priority level. Prognosis: The prognosis assigned to the procedure on the Enter Treatment and the Procedure - Misc Tab. Prov: The provider associated with the procedure.
Compensation : One of the main differences between contract versus full-time work is your compensation. Although contract work usually offers higher wages, you can earn benefits and paid time off as a full-time employee.
A maximum-term contract is similar to a fixed-term contract in that it also specifies an end date for employment, however it also allows the parties to terminate the contract prior to the specified end date.
Disability insurance kicks in after an insured athlete has missed 41 consecutive games from the same injury and then pays the team 80 percent of the player's salary for each additional game he misses. The coverage continues for missed games until the athlete returns to play in 41 consecutive games.
NBA All-Star LeBron James has a net worth of $1.2 billion as of September 2024. 1 In 2022, James became the NBA's first active player to become a billionaire, according to Forbes. 2 The NBA's first billionaire was legendary athlete Michael Jordan, who became a billionaire in 2014, 10 years after retiring from the NBA.
Mouhamed Gyueye is currently the lowest-paid NBA player in the NBA this term. The Senegalese player was the 39th pick in the 2023 draft. Drafted by the Charlotte Hornets, he saw his rights traded to the Boston Celtics, who dealt him to the Atlanta Hawks.
Curry became the first player with a $50 million salary in 2023-24, and with the salary cap up to $140.6 million this season and the luxury tax threshold at $170.8 million—increases of more than 122% from a decade ago—the Philadelphia 76ers' Joel Embiid, the Denver Nuggets' Nikola Jokic and the Phoenix Suns' Bradley ...
The size of the contracts will be eye-popping. A five-year supermax deal that begins with the 2030-31 season will be worth $507 million under these estimates. One that begins the next season will be worth $557.78 million. The supermax that kicks in during the 2032-33 season would be valued at $613.56 million.