Common use of Compensation and Payment Clause in Contracts

Compensation and Payment. 6.1. CMHA will pay Contractor directly at the rate specified in the Contractor’s Fee Submission and/or Best and Final Offer in approximately thirty (30) days of receipt of a properly completed and accepted invoice. If Contractor fails to satisfactorily comply with any term or condition of this Agreement, CMHA may, in its sole discretion, withhold payments claimed by Contractor for services rendered. No payment will be made for incomplete, inaccurate, or defective work. CMHA shall not pay any fees or payments that are punitive in nature and/or are not contemplated in this Agreement, the Solicitation or the Contractor’s Proposed Fee Submission including, without limitation, one-time fees, recurring fees, staging fees, training fees, annual fee increases, early termination fees, late fees and/or additional miscellaneous fees.

Appears in 26 contracts

Samples: Cincinnati Metropolitan Housing Authority Professional Services Agreement, Cincinnati Metropolitan Housing Authority Professional Services Agreement, Cincinnati Metropolitan Housing Authority Professional Services Agreement

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