Common use of Billing (Lump Sum/Firm-Fixed-Price Clause in Contracts

Billing (Lump Sum/Firm-Fixed-Price. The CONSULTANT may submit one (1) final billing to the COMMISSION at the conclusion of the Work Assignment or monthly progress xxxxxxxx based on the percent complete of the assignment or in accordance with a Milestone Schedule assigned in the Work Assignment. Once the COMMISSION has approved and accepted the work of the CONSULTANT, the COMMISSION will pay the CONSULTANT any unpaid amounts of the Work Assignment total.

Appears in 4 contracts

Samples: Idiq Master Contract, Professional Surveying Services, Idiq Master Contract

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