COMPENSATION METHODS, RATES AND PAYMENT Sample Clauses

COMPENSATION METHODS, RATES AND PAYMENT. As full compensation for Consultant’s work, services and expenses hereunder the Sponsor shall pay to the CONSULTANT, and the CONSULTANT agrees to accept compensation based the methods designated and described below. Payment of the compensation shall be in accordance with the Interim Payment procedures shown in the table and the final payment procedure in Article 6. (Continued next page)
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COMPENSATION METHODS, RATES AND PAYMENT. As full compensation for Consultant’s work, services and expenses hereunder the Sponsor shall pay to the CONSULTANT, and the CONSULTANT agrees to accept compensation based the methods designated and described in this contract. Compensation methods must be clearly documented in the contract. Compensation methods available are Cost Plus Fixed Fee Method, Specific Hourly Rate Method, and Lump Sum Cost Plus Reimbursables Method.
COMPENSATION METHODS, RATES AND PAYMENT. As full compensation for Consultant’s work, services and expenses hereunder the Sponsor shall pay to the CONSULTANT, and the CONSULTANT agrees to accept compensation based the methods designated and described below. Payment of the compensation shall be in accordance with the Interim Payment procedures shown in the table and the final payment procedure in Article 6. (Continued next page) ⌧ 3.1 Cost Plus Fixed Fee Method ITEM DESCRIPTION OF ITEMS WITHIN METHOD APPLICABLE RATE/AMT or % INTERIM PAYMENTS Item I o Actual Direct Technical Salaries, regular time plus straight time portion of overtime compensation of all employees assigned to this PROJECT on a full-time basis for all or part of the term of this Contract, plus properly allocable partial salaries of all persons working part-time on this PROJECT. o The cost of Principals', Officers’ and Professional Staffs’ salaries (productive time) included in Direct Technical Salaries is eligible for reimbursement if their comparable time is also charged directly to all other projects in the same manner. Otherwise, Principals' salaries are only eligible as an overhead cost, subject to the current limitations, generally established therefore by the Sponsor. o If, within the term of this Contract, any direct salary rates are paid in excess of the maximums shown in Attachment A, the excess amount shall be borne by the CONSULTANT WITHOUT REIMBURSEMENT either as a direct cost or as part of the overhead allowance o Actual cost incurred in the performance of this contract as identified in Attachment C or otherwise approved in writing by the Sponsor or its representative. o Not to exceed the maximum allowable hourly rates of pay described in Attachment C of this Contract, all subject to audit. o Actual overtime premium portion of Direct Technical Salaries, all subject to audit and prior approval by the Sponsor. o The CONSULTANT shall be paid in Monthly progress payments based on the maximum salary rates and allowable costs incurred during the period as established in Attachment C. o Bills are subject to approval of the Sponsor and Sponsor's Representative.
COMPENSATION METHODS, RATES AND PAYMENT. 3.1 As full compensation for Consultant’s work, services and expenses hereunder the Municipality shall pay to the CONSULTANT, and the CONSULTANT agrees to accept compensation based the methods designated and described below. Payment of the compensation shall be in accordance with the Interim Payment procedures shown in the table and the final payment procedure in Article 6.
COMPENSATION METHODS, RATES AND PAYMENT. Article 3 contains three (3) payment methods. Mark the applicable payment method with an “X” in the box provided at the top of the page corresponding to the selected payment method. Payment methods available are: 3.1 Cost Plus Fixed Fee Method; 3.2 Specific Hourly Rate Method; or, 3.3
COMPENSATION METHODS, RATES AND PAYMENT. As full compensation for Consultant’s work, services and expenses hereunder the Municipality shall pay to the CONSULTANT, and the CONSULTANT agrees to accept compensation based the methods designated and described in this agreement. Compensation methods must be clearly documented in the agreement. Compensation methods available are Cost Plus Fixed Fee Method, Specific Hourly Rate Method, and Lump Sum Cost Plus Reimbursables Method.
COMPENSATION METHODS, RATES AND PAYMENT. As full compensation for Consultant’s Basic Services and expenses hereunder, the Municipality shall pay to the Consultant, and the Consultant agrees to accept, compensation based on the methods designated and described below. Payment of the compensation shall be in accordance with the Interim Payment procedures shown in the table and the final payment procedure in Article 6. (Continued next page) Architectural/Engineering Consultant Agreement Xxxxx Street Culvert over Eagles Nest Creek, PIN 1761.17
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COMPENSATION METHODS, RATES AND PAYMENT. As full compensation for Consultant’s Basic Services and expenses hereunder, the Municipality shall pay to the Consultant, and the Consultant agrees to accept, compensation based on the methods designated and described below. Payment of the compensation shall be in accordance with the Interim Payment procedures shown in the table and the final payment procedure in Article 6. (Continued next page) Architectural/Engineering Consultant Agreement PIN 375693 – Lake Ave Bridge Rehabilitation over the Owasco River

Related to COMPENSATION METHODS, RATES AND PAYMENT

  • Compensation and Payment 3.1 Contractor’s fees shall be calculated at the rates set forth in the attached Exhibit

  • Compensation and Method of Payment Subject to any limitations set forth below or elsewhere in this Agreement, District agrees to pay Consultant the amounts specified in Exhibit B “Compensation”. The total compensation, including reimbursement for actual expenses, shall not exceed Four Thousand Five Hundred Dollars ($4,500.00), unless additional compensation is approved in writing by the District.

  • Performance and Payment Bonds The authority and responsibility for requesting performance and payment bonds shall rest with the Customer. Under this Contract, the Customer issuing the purchase order may request a performance and payment bond, as deemed necessary by the size of the job. Inability to provide a bond may result in the Contractor being found in default of the purchase order.

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