Common use of Compensation and Payment Procedure Clause in Contracts

Compensation and Payment Procedure. As compensation for its services performed under this contract, the City agrees to compensate Consultant in an amount not to exceed One million two hundred forty-six thousand three hundred four dollars and zero cents ($1,246,304.00). The City shall pay Consultant at a rate that is measured by the amount of time that Consultant expends in providing services for the City. The rate shall be Consultant’s usual and customary rate per hour of service. Consultant shall measure the time that Consultant expends in providing services for the City in a minimum amount of, and in increments of, one tenth of an hour. Consultant shall submit monthly or more frequent regular statements describing the services rendered with corresponding records of time expended by Consultant. The City, upon receipt of completed invoice statements, shall promptly process said claims for payment.

Appears in 1 contract

Samples: Professional Services

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Compensation and Payment Procedure. As compensation for its services performed under this contract, the City agrees to compensate Consultant in an amount not to exceed One million two Two hundred fortytwenty-six one thousand three seven hundred eighty-four dollars and zero cents ($1,246,304.00221,784.00). The City shall pay Consultant at a rate that is measured by the amount of time that Consultant expends in providing services for the City. The rate shall be Consultant’s usual and customary rate per hour of service. Consultant shall measure the time that Consultant expends in providing services for the City in a minimum amount of, and in increments of, one tenth of an hour. Consultant shall submit monthly or more frequent regular statements describing the services rendered with corresponding records of time expended by Consultant. The City, upon receipt of completed invoice statements, shall promptly process said claims for payment.

Appears in 1 contract

Samples: Professional Services

Compensation and Payment Procedure. As compensation for its services performed under this contract, the City agrees to compensate Consultant in an amount not to exceed One million two hundred forty-six ninety thousand three eight hundred four fifty dollars and zero cents ($1,246,304.00cents($190,850.00). The City shall pay Consultant at a rate that is measured by the amount of time that Consultant expends in providing services for the City. The rate shall be Consultant’s usual and customary rate per hour of service. Consultant shall measure the time that Consultant expends in providing services for the City in a minimum amount of, and in increments of, one tenth of an hour. Consultant shall submit monthly or more frequent regular statements describing the services rendered with corresponding records of time expended by Consultant. The City, upon receipt of completed invoice statements, shall promptly process said claims for payment.

Appears in 1 contract

Samples: Professional Services

Compensation and Payment Procedure. As compensation for its services performed under this contract, the City agrees to compensate Consultant in an amount not to exceed One million two ninety thousand one hundred fortyeighty-one dollars and seventy-six thousand three hundred four dollars and zero cents ($1,246,304.0090,181.76). The City shall pay Consultant at a rate that is measured by the amount of time that Consultant expends in providing services for the City. The rate shall be Consultant’s usual and customary rate per hour of service. Consultant shall measure the time that Consultant expends in providing services for the City in a minimum amount of, and in increments of, one tenth of an hour. Consultant shall submit monthly or more frequent regular statements describing the services rendered with corresponding records of time expended by Consultant. The City, upon receipt of completed invoice statements, shall promptly process said claims for payment.

Appears in 1 contract

Samples: Professional Services

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Compensation and Payment Procedure. As compensation for its services performed under this contract, the City agrees to compensate Consultant in an amount not to exceed One million two hundred fortyeighteen thousand eight hundred twenty-six thousand three hundred four dollars and zero cents ($1,246,304.00118,826.00). The City shall pay Consultant at a rate that is measured by the amount of time that Consultant expends in providing services for the City. The rate shall be Consultant’s usual and customary rate per hour of service. Consultant shall measure the time that Consultant expends in providing services for the City in a minimum amount of, and in increments of, one tenth of an hour. Consultant shall submit monthly or more frequent regular statements describing the services rendered with corresponding records of time expended by Consultant. The City, upon receipt of completed invoice statements, shall promptly process said claims for payment.

Appears in 1 contract

Samples: Professional Services

Compensation and Payment Procedure. As compensation for its services performed under this contract, the City agrees to compensate Consultant in an amount not to exceed One million hundred eighty-two thousand five hundred forty-six thousand three hundred four five dollars and zero cents ($1,246,304.00182,545.00). The City shall pay Consultant at a rate that is measured by the amount of time that Consultant expends in providing services for the City. The rate shall be Consultant’s usual and customary rate per hour of service. Consultant shall measure the time that Consultant expends in providing services for the City in a minimum amount of, and in increments of, one tenth of an hour. Consultant shall submit monthly or more frequent regular statements describing the services rendered with corresponding records of time expended by Consultant. The City, upon receipt of completed invoice statements, shall promptly process said claims for payment.

Appears in 1 contract

Samples: Professional Services

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