BUDGET AND COMPENSATION. As full compensation for VENDOR’s services provided under this Agreement, COMMISSION shall pay VENDOR a total fee not to exceed «WRITTEN_DOLLAR_AMOUNT» ($«Amount»), as set forth in the Budget, attached as Exhibit B, and in accordance with the payment terms set forth in Section IV of this Agreement.
BUDGET AND COMPENSATION. Payments under this Agreement will be made by: ☐ advance payment; ☒ reimbursement.
BUDGET AND COMPENSATION. A. The Treasury, in consultation with the Financial Agent, shall establish and from time to time update a budget for the services to be provided under the Financial Agency Agreement (FAA), based on factors including level of resources required to perform services, standards of care to be met, compliance policies required to administer the program, and other FAA requirements, consistent with the Program Guidelines. The following major cost categories will be used for the budget: • Personnel compensation and related costs • Travel • Information technology • Equipment and materials • Contractors and other third party providers • Other specific, direct costs • Indirect costs
B. The Financial Agent shall be reimbursed for the costs of administering the program, consistent with the budget. Such reimbursement will be paid monthly based on services rendered the prior month. The Financial Agent must submit an invoice, with breakdowns under each major cost category, prior to receiving such reimbursement.
BUDGET AND COMPENSATION. As full compensation for VENDOR’s services provided under this Agreement, COMMISSION shall pay VENDOR a total fee not to exceed TEN THOUSAND DOLLARS ($10,000), as set forth in the Budget and Budget Narrative, attached as Exhibit B, and in accordance with the payment terms set forth in Section IV of this Agreement.
BUDGET AND COMPENSATION. (A) UReimbursementU. The City shall reimburse the Subrecipient its allowable costs for the services identified in this Agreement not to exceed $435,000 upon presentation of properly executed reimbursement forms as provided or approved by the City. The Subrecipient may not request reimbursements under this Agreement until the Funds are needed for payment of eligible costs. The amount of each request must be limited to the amount needed. The City will not issue more of the total Funds for reimbursement in any weekly reimbursement period than is specified in Article I, Section 1, unless such a payment is (1) specifically provided for in this Agreement; or (2) otherwise requested in advance in writing by the Subrecipient and authorized by the City.
BUDGET AND COMPENSATION. The County shall provide up to Four Million Dollars ($4,000,000) for the Project:
(a) The County will provide funds upon submission of Attachment 3 signed by EGM. Funds will only be provided by the County for costs the County approves under Section 6(a) above. All costs must be incurred from June 1, 2024, through December 31, 2026, after this Agreement is effective per Section 2 of this Agreement. The date may be extended with prior written approval by the County.
(b) Program Income (Pl) proportional to the funding invested that is generating Pl shall be returned by City into the Project. The City shall remit any captured program income to the County.
(c) With prior request from the City and approval from the County, the City may submit an invoice for cash advance(s). Such an advance, if approved, must be based on good faith projection of the cash needs of the City to reimburse EGM for Project costs that the County has approved under Section 6(a). The advance funds shall only be used to reimburse expenses approved by the County under Section 6(a).
(d) No later than January 10, 2027, unless extended in writing by the County, the City shall submit a final expenditure report that reconciles total expenditures for the Agreement period ending December 31, 2026, with the total amount paid to the City including any advance payments, and any variance will be resolved through additional reimbursement to the City or repayment to the County.
BUDGET AND COMPENSATION. 8.1 LSU agree to make the following payments to UPR in according with the following Budget and Payment Schedule.
8.2 Payments shall be made by LSU as a receipt of an individualized invoice provided by UPR, which date can however not be earlier than the timelines set out in Article 8.3 hereof. All payments shall be made payable to the "University of Puerto Rico, Agricultural Experiment Station".
8.3 Annual Budget From September 1, 2010 to August 31, 2011: From September 1, 2011 to August 31, 2012: From September 1, 2012 to August 31, 2013:
8.4 Payment Schedule $62,820 $65,960 $69,255 Half of the relevant budget amount set out in Article 8.3 above shall be paid on September 1 of the budget year and the other half by January 30 of each budget year on receipt of invoice.
8.5 If for any reason less than five (5) acres per year are planted as a total nursery area, the payment and budget will be reduced proportionally to the total ofplanted area, but it never be less than halfofthe original annual budget set forth herein.
8.6 If additional land area (i.e. more than five (5) acres per year) is needed, and available, for seed increase/production purposes in any particular year, LSU agree to pay the UPR at the same rate per acre.
8.7 Failure to adequately irrigation or provide control measures for disease or birds will result in a payment reduction proportional to area unharvesteble at season's end.
8.8 The UPR Project Leader and the Research Associate will receive payment for their work as an additional compensation of time effort increase at their regular workload. These funds do not represent any additive monies outside the term of this agreement.
BUDGET AND COMPENSATION. 4.1 Budget 6
4.2 Other Fees 6 4.3 Total Payment 6 4.4 Fair Market Value 7 4.5 Study Agent 7 ARTICLE 5 – Confidentiality
5.1 Human Subject Confidentiality 7 5.2 Confidential Information of the Parties 7 ARTICLE 6 - Ownership of Documents and Data
6.1 Data Ownership 8 ARTICLE 7 – Intellectual Property
7.1 Intellectual Property Defined 9 7.2 Background Rights 9
7.3 Research Site’s Obligation to Disclose 9
7.4 Discoveries 9 7.5 CTNeT-funded Studies 10 7.6 Publication; Release of Information 10
BUDGET AND COMPENSATION. BIND agrees to provide USOR with financial support for conduct of the Study as set forth in Exhibit A attached hereto. The amounts set forth in Exhibit A attached hereto are fully inclusive for all services provided in connection with the Study, and includes all applicable indirect costs, overheads, taxes, fees and other assessments due to USOR, Sites and Study
BUDGET AND COMPENSATION. The BHA shall reimburse ABC the allowable costs for the services identified in this Agreement not to exceed $ upon presentation of properly executed monthly invoices. The monthly invoice must include the following: o Support of salaries and wages; including documented payrolls o Personnel activity reports: Reports reflecting the distribution of activity of each employee must be maintained for all staff members whose compensation is charged, in whole or in part, directly to awards. Reports maintained by non-profit organizations to satisfy these requirements must meet the following standards:
a) The reports must reflect an after-the-fact determination of the actual activity of each employee. Budget estimates (i.e., estimates determined before the services are performed) do not qualify as support for charges to awards.
b) Each report must account for the total activity for which employees are compensated and which is required in fulfillment of their obligations to the organization.
c) The reports must be signed by the individual employee, or by a responsible supervisory official having first-hand knowledge of the activities performed by the employee, and that the distribution of activity represents a reasonable estimate of the actual work performed by the employee during the periods covered by the reports.
d) Charges for the salaries and wages of nonprofessional employees, in addition to the supporting documentation described in subparagraphs (1) and (2), must also be supported by records indicating the total number of hours worked each day maintained in conformance with Department of Labor regulations implementing the Fair Labor Standards Act (FLSA) (29 CFR Part 516). For this purpose, the term "nonprofessional employee" shall have the same meaning as "nonexempt employee," under FLSA.
e) The reports must be prepared at least monthly and must coincide with one or more pay periods.
