Common use of ALLOWABLE COSTS AND PAYMENTS Clause in Contracts

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 forty-six thousands one hundred and sixty-five dollars and seventy-eight cents ($46,165.78). 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.

Appears in 1 contract

Samples: Professional Services

AutoNDA by SimpleDocs

ALLOWABLE COSTS AND PAYMENTS. A A. The method of payment for this Agreement contract will be based on actual cost plus a fixed fee. City LOCAL AGENCY will reimburse Consultant CONSULTANT for actual costs (including labor costs, employee benefits, travel, equipment rental costs, overhead and other direct costs) incurred by Consultant CONSULTANT in performance of the work. Consultant 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 CONSULTANT’S Cost Proposal in Proposal, shown as Exhibit CB, unless additional reimbursement is provided for by Agreement contract amendment. In no event, will Consultant CONSULTANT be reimbursed for overhead costs at a rate that exceeds CityLOCAL AGENCY’s approved overhead rate set forth in the Cost Proposal. In the event, that City LOCAL AGENCY determines that a change to the work from that specified in the Cost Proposal and Agreement contract is required, the Agreement contract time or actual costs reimbursable by City LOCAL AGENCY shall be adjusted by Agreement contract amendment to accommodate the changed work. The maximum total cost as specified in Paragraph “H” shall not be exceeded, unless authorized by Agreement contract amendment. B . B. In addition to the allowable incurred costs, City LOCAL AGENCY will pay Consultant CONSULTANT a fixed fee of forty-six thousands one hundred and sixty-five dollars and seventy-eight cents $($46,165.78AMOUNT). The fixed fee is nonadjustable for the term of the Agreementcontract, except in the event of a significant change in the scope of work and such adjustment is made by Agreement contract amendment.

Appears in 1 contract

Samples: Professional Services

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 forty-six thousands one hundred and sixty-five dollars and seventy-eight cents Zero Dollars ($46,165.780.00). 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.

Appears in 1 contract

Samples: Professional Services

AutoNDA by SimpleDocs

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 forty-six thousands one hundred and sixty-five dollars and seventy-eight cents ($46,165.78). 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.

Appears in 1 contract

Samples: Professional Services

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!