ALLOWABLE COSTS AND PAYMENTS Sample Clauses

ALLOWABLE COSTS AND PAYMENTS. Consultant will be reimbursed for hours worked at the hourly rates specified in Consultant’s Cost Proposal and documented in Exhibit 10-H1 Cost Proposal. The specified hourly rates shall include direct labor costs, employee benefits, overhead, and fees. These rates are not adjustable for the performance period set forth in this Agreement. (1) In addition, Consultant will be reimbursed for incurred (actual) direct costs other than labor costs that are in the Cost Proposal and identified in the Cost Proposal and in the executed Task Order/Scope of Work. (2) Reimbursement for transportation and subsistence costs shall not exceed the rates as specified in the approved Cost Proposal. (3) When milestone cost estimates are included in the approved Cost Proposal, Consultant shall obtain prior written approval for a revised milestone cost estimate from NCTC’s Project Representative before exceeding such estimate. (4) Progress payments for each Task Order/Scope of Work will be made monthly in arrears based on services provided and actual costs incurred. (5) Consultant shall not commence performance of work or services until this Agreement has been approved by NCTC, and notification to proceed has been issued by NCTC’s Project Representative. No payment will be made prior to approval or for any work performed prior to approval of this Agreement. (6) Consultant will be reimbursed, as promptly as fiscal procedures will permit, upon receipt by NCTC’s Project Representative of itemized invoices. Invoices itemizing all costs are required for all work performed under each Task Order/Scope of Work. Invoices shall be submitted no later than 45 calendar days after the performance of work for which Consultant is billing. Invoices shall include a written report of the work performed. Invoices shall follow the format stipulated for the approved Cost Proposal and shall reference the contract number WE and the finalized project title. Credits due to NCTC that include any equipment purchased under the provisions of Section 45 of this Agreement, must be reimbursed by Consultant prior to the expiration or termination of this Agreement. Invoices shall be mailed to NCTC’s Project Representative at the address provided in Exhibit A. (7) The period of performance for Task Orders/Scope of Work shall be in accordance with dates specified in the Task Orders/Scope of Work. No Task Order/Scope of Work will be written which extends beyond the expiration date of this Agreement. (8) The total am...

ALLOWABLE COSTS AND PAYMENTS. A. The method of payment for this AGREEMENT will be based on lump sum. The total lump sum price paid to CONTRACTOR will include compensation for all work and deliverables, including travel and equipment described in Article III Statement of Work. No additional compensation will be paid to CONTRACTOR, unless there is a change in the scope of the work or the scope of the project. In the instance of a change in the scope of work or scope of the project, adjustment to the total lump sum compensation will be negotiated between CONTRACTOR and VCTC. Adjustment in the total lump sum compensation will not be effective until authorized by AGREEMENT amendment and approved by VCTC. Progress payments may be made monthly in arrears based on the percentage of work completed by CONTRACTOR. The Contractor will submit applications for progress payments on forms acceptable to VCTC for approval to match the Schedule of Values. For Schedule of Values, refer to the Scope of Work Attachment 4, Standard Specification 01 29 73 Schedule of Values. B. If CONTRACTOR fails to submit the required deliverable items according to the schedule set forth in Article III Statement of Work, VCTC shall have the right to delay payment or terminate this AGREEMENT in accordance with the provisions of Article VI Termination. C. CONTRACTOR shall not commence performance of work or services until this AGREEMENT has been approved by VCTC and notification to proceed has been issued by VCTC’S Contract Administrator. No payment will be made prior to approval of any work, or for any work performed prior to approval of this AGREEMENT. D. CONTRACTOR will be reimbursed within thirty (30) days upon receipt by VCTC’S Contract Administrator of itemized invoices in duplicate. Invoices shall be submitted no later than thirty (30) calendar days after the performance of work for which CONTRACTOR is billing. Invoices shall detail the work performed on each milestone, on each project as applicable. Invoices shall follow the format stipulated for the approved Cost Proposal and shall reference this AGREEMENT number and project title. Final invoice must contain the final cost and all credits due VCTC that include any equipment purchased under the provisions of Article XI Equipment Purchase. The final invoice must be submitted within sixty (60) calendar days after completion of CONTRACTOR’s work unless a later date is approved by the VCTC. Invoices shall be mailed to VCTC’s Contract Administrator at the following address...

ALLOWABLE COSTS AND PAYMENTS. A. The method of payment for this Agreement will be based on actual cost plus a fixed fee. COUNTY will reimburse CONSULTANT for actual costs (including labor costs, employee benefits, travel, equipment rental costs, overhead and other direct costs) incurred by CONSULTANT in performance of the work. CONSULTANT will not be reimbursed for actual costs that exceed the estimated wage rates, employee benefits, travel, equipment rental, overhead, and other estimated costs set forth in Article CVI, Cost Proposal, of Attachment C, Compensation Plan, which is attached hereto and incorporated herein by reference, unless additional reimbursement is provided for by a written amendment signed by the authorized representatives of both parties. In no event, will CONSULTANT be reimbursed for overhead costs at a rate that exceeds COUNTY’s approved overhead rate set forth in the Cost Proposal. In the event, that COUNTY determines that a change to the work from that specified in the Cost Proposal and Agreement is required, the Agreement time or actual costs reimbursable by COUNTY shall be adjusted by a written amendment signed by the authorized representatives of both parties to accommodate the changed work. The maximum total cost as specified in paragraph H of this Article shall not be exceeded, unless authorized by a written amendment signed by the authorized representatives of both parties. B. In addition to the allowable incurred costs, COUNTY will pay CONSULTANT a fixed fee of $XXX.XX. The fixed fee is nonadjustable for the term of the Agreement, except in the event of a significant change in the scope of work and such adjustment is made by a written amendment signed by the authorized representatives of both parties. C. Reimbursement for transportation and subsistence costs shall not exceed the rates specified in the approved Cost Proposal. D. When milestone or phase cost estimates are included in the approved Cost Proposal, CONSULTANT shall obtain prior written approval for a revised milestone or phase cost estimate from the COUNTY Contract Administrator before exceeding such cost estimate. E. Progress payments will be made monthly in arrears based on services provided and allowable incurred costs. A pro rata portion of CONSULTANT’s fixed fee will be included in the monthly progress payments. If CONSULTANT fails to submit the required deliverable items according to the schedule set forth in this Agreement, COUNTY shall have the right to delay payment or terminate this A...

ALLOWABLE COSTS AND PAYMENTS. A. CONSULTANT will be reimbursed for hours worked at the hourly rates specified in CONSULTANTs Cost Proposal (Exhibit 10H-1). The specified hourly rates shall include direct salary costs, employee benefits, overhead, and fee. These rates are not adjustable for the performance period set forth in this Contract. B. In addition, CONSULTANT will be reimbursed for incurred (actual) direct costs other than salary costs that are in the cost proposal and identified in the cost proposal. C. Reimbursement for transportation and subsistence costs shall not exceed the rates as specified in the approved Cost Proposal. D. Progress payments will be made monthly in arrears based on services provided and actual costs incurred. E. CONSULTANT shall not commence performance of work or services until this contract has been approved by LOCAL AGENCY, and notification to proceed has been issued by LOCAL AGENCY’S Contract Administrator. No payment will be made prior to approval or for any work performed prior to approval of this contract. F. CONSULTANT will be reimbursed, as promptly as fiscal procedures will permit upon receipt by LOCAL AGENCY’S Contract Administrator of itemized invoices. Separate invoices itemizing all costs are required for all work performed. Invoices shall be submitted no later than 45 calendar days after the performance of work for which CONSULTANT is billing. Invoices shall detail the work performed. Invoices shall follow the format stipulated for the approved Cost Proposal and shall reference this contract number, project title. G. If the Consultant fails to satisfactorily complete a deliverable according to the schedule set forth, no payment will be made until the deliverable has been satisfactorily completed. H. The total amount payable by LOCAL AGENCY for all work resulting from this contract shall not exceed Ninety-four thousand, two hundred and thirty-one dollars and sixty-six cents $94,231.66.

ALLOWABLE COSTS AND PAYMENTS. A The method of payment for this Agreement will be based on actual cost plus a fixed fee. City will reimburse Consultant for actual costs (including labor costs, employee benefits, travel, equipment rental costs, overhead and other direct costs) incurred by Consultant in performance of the work. Consultant will not be reimbursed for actual costs that exceed the estimated wage rates, employee benefits, travel, equipment rental, overhead, and other estimated costs set forth in the approved Consultant Cost Proposal in Exhibit C, unless additional reimbursement is provided for by Agreement amendment. In no event, will Consultant be reimbursed for overhead costs at a rate that exceeds City’s approved overhead rate set forth in the Cost Proposal. In the event, that City determines that a change to the work from that specified in the Cost Proposal and Agreement is required, the Agreement time or actual costs reimbursable by City shall be adjusted by Agreement amendment to accommodate the changed work. The maximum total cost as specified in Paragraph “H” shall not be exceeded, unless authorized by Agreement amendment. B In addition to the allowable incurred costs, City will pay Consultant a fixed fee of Zero Dollars ($0.00). The fixed fee is nonadjustable for the term of the Agreement, except in the event of a significant change in the scope of work and such adjustment is made by Agreement amendment.

ALLOWABLE COSTS AND PAYMENTS. COUNTY’s total fiscal obligation under this AGREEMENT shall not exceed $1,112,400. In consideration of the services provided by CONSULTANT and in accordance with the terms, conditions, and specifications set forth in this AGREEMENT and in Exhibit A, COUNTY shall make payment to CONSULTANT based on the schedule and in the manner specified in Exhibit C “Payment Schedule” and at the rates included in Exhibit D “Cost Proposal”. COUNTY reserves the right to withhold payment if COUNTY determines the quantity or quality of the work performed is unacceptable. In the event COUNTY makes advance payments to CONSULTANT, CONSULTANT agrees to refund any amounts in excess of the amount owed by COUNTY at the time of termination or expiration of this AGREEMENT. CONSULTANT is not entitled to payment for work not performed as required by this AGREEMENT.

ALLOWABLE COSTS AND PAYMENTS. (Choose either Option 1, 2, 3, or 4)

ALLOWABLE COSTS AND PAYMENTS. A. The method of payment for this contract will be based on actual cost. The LOCAL AGENCY will reimburse the CONSULTANT for actual costs (including labor costs, employee benefits, travel, equipment rental costs, overhead and other direct costs) incurred by the CONSULTANT in performance of the work. The CONSULTANT will not be reimbursed for actual costs that exceed the estimated wage rates, employee benefits, travel, equipment rental, overhead, and other estimated costs set forth in the approved CONSULTANT’S Cost Proposal attached as Exhibit B, unless additional reimbursement is provided for by amendment to this Agreement. B. When milestone cost estimates are included in the approved Cost Proposal, the CONSULTANT shall obtain prior written approval for a revised milestone cost estimate from the LOCAL AGENCY before exceeding such cost estimate. C. If CONSULTANT fails to submit required deliverable items according to the schedule, if any, set forth in Exhibit A, the LOCAL AGENCY shall have the right to delay payment and/or terminate this Agreement in accordance with the provisions of this Agreement. No payment will be made prior to approval of any work, nor for any work performed prior to approval of this Agreement. D. Progress payments may be made monthly in arrears based on the percentage of work completed by CONSULTANT. If CONSULTANT fails to submit the required deliverable items according to the schedule set forth in the Statement of Work, LOCAL AGENCY shall have the right to delay payment or terminate this AGREEMENT in accordance with the provisions of Article VI Termination.

ALLOWABLE COSTS AND PAYMENTS. Consultant will be reimbursed for hours worked at the hourly rates specified in Consultant’s Cost Proposal (Exhibit 10-H). The specified hourly rates shall include direct salary costs, employee benefits, overhead, and fee. These rates are not adjustable for the performance period set forth in this Agreement.

ALLOWABLE COSTS AND PAYMENTS. A. County will reimburse Consultant for actual costs (including labor costs, employee benefits, travel, equipment rental costs, overhead and other direct costs) incurred by Consultant in performance of the work. Consultant will not be reimbursed for actual costs that exceed the estimated wage rates, employee benefits, travel, equipment rental, overhead, and other estimated costs set forth in the approved Consultant’s Cost Proposal, unless additional reimbursement is provided for by Agreement amendment. In no event will Consultant be reimbursed for overhead costs at a rate that exceeds the approved overhead rate set forth in the Cost Proposal. In the event that County determines that a change to the work from that specified in the Cost Proposal and Agreement is required, the Agreement time or actual costs reimbursable by County shall be adjusted by Agreement amendment to accommodate the modified scope of work. The maximum total cost shall not be exceeded, unless authorized by Agreement amendment. B. The indirect cost rate established for this Agreement is extended through the duration of this specific Agreement.