Common use of BILLING AND PAYMENT OF EXPENSES Clause in Contracts

BILLING AND PAYMENT OF EXPENSES. A. The estimated cost of the work, described in Article I above is $ . Full cost recovery rates are established at the beginning of each fiscal year and are subject to revision to reflect changing costs factors during the fiscal year. The minimum unit of charge at the User Facility is an 8 hour shift. No work can begin until this advance payment is received by CONTRACTOR.

BILLING AND PAYMENT OF EXPENSES. A. The estimated cost of the work, described in Article I above is $ . Full cost recovery rates are established at the beginning of each fiscal year and are subject to revision to reflect changing costs factors during the fiscal year. The minimum unit of charge at the User Facility is an $ per 8 hour shift. No work can begin until this advance payment is received by CONTRACTOR.

BILLING AND PAYMENT OF EXPENSES. A. The estimated cost of the work, described in Article I above is $ . Full cost recovery rates are established at the beginning of each fiscal year and are subject to revision to reflect changing costs factors during the fiscal year. The minimum unit of charge at the User Facility is an 8 hour shift. No work can begin until this advance payment is received by CONTRACTOR.. [USE EITHER FULL OR PARTIAL ADVANCE]