Common use of COMPENSATION METHODS, RATES AND PAYMENT Clause in Contracts

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. 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 C, 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.

Appears in 1 contract

Samples: Consultant Agreement

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COMPENSATION METHODS, RATES AND PAYMENT. As full compensation for the Consultant’s work, services and expenses hereunder the Sponsor 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. Item I o 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 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 O If, within the term of this Contract, any direct salary rates are paid in excess of the maximums shown in Attachment CA, the excess amount shall be borne by the CONSULTANT WITHOUT REIMBURSEMENT either as a direct cost or as part of the overhead allowance o 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 O Not to exceed the maximum allowable hourly rates of pay described in Attachment C of this Contract, all subject to audit. o O Actual overtime premium portion of Direct Technical Salaries, all subject to audit and prior approval by the Sponsor. o O The CONSULTANT shall be paid in Monthly (fill in timeframe) progress payments based on the maximum salary rates and allowable costs incurred during the period as established in Attachment C. o O Bills are subject to approval of the Sponsor and Sponsor's Representative.

Appears in 1 contract

Samples: Engineering Services Agreement

COMPENSATION METHODS, RATES AND PAYMENT. As full compensation for Consultant’s work, services and expenses hereunder the Sponsor 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. Q3.1 Cost Plus Fixed Fee Method Item I o Actual OActual 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 ContractAgreement, plus properly allocable partial salaries of all persons working part-time on this PROJECT. o The OThe 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 SponsorMunicipality. o IfOIf, within the term of this ContractAgreement, any direct salary rates are paid in excess of the maximums shown in Attachment CA, 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 allowance. OActual cost incurred in the performance of this contract agreement as identified in Attachment C or otherwise approved in writing by the Sponsor Municipality or its representative. o Not ONot to exceed the maximum allowable hourly rates of pay described in Attachment C of this ContractAgreement, all subject to audit. o Actual OActual overtime premium portion of Direct Technical Salaries, all subject to audit and prior approval by the SponsorMunicipality. o The OThe CONSULTANT shall be paid in Monthly (fill in timeframe) progress payments based on the maximum salary rates and allowable costs incurred during the period as established in Attachment C. o Bills OBills are subject to approval of the Sponsor Municipality and SponsorMunicipality's Representative. Item II Actual Direct Non-Salary Project-related Costs incurred in fulfilling the terms of this Agreement; all subject to audit. All reimbursement for travel, meals and lodging shall be made at actual cost paid but such reimbursement shall not exceed the per diem rates established by the NY State Comptroller. All reimbursement shall not exceed the prevailing wage rates established by the NYS Department of Labor. Q3.1 Cost Plus Fixed Fee Method G3.2 Specific Hourly Rate Method

Appears in 1 contract

Samples: Architectural/Engineering Consultant Agreement

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 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 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 O If, within the term of this Contract, any direct salary rates are paid in excess of the maximums shown in Attachment CA, the excess amount shall be borne by the CONSULTANT WITHOUT REIMBURSEMENT either as a direct cost or as part of the overhead allowance o 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 O Not to exceed the maximum allowable hourly rates of pay described in Attachment C of this Contract, all subject to audit. o O Actual overtime premium portion of Direct Technical Salaries, all subject to audit and prior approval by the Sponsor. o O The CONSULTANT shall be paid in Monthly monthly progress payments based on the maximum salary rates and allowable costs incurred during the period as established in Attachment C. o O Bills are subject to approval of the Sponsor and Sponsor's Representative.

Appears in 1 contract

Samples: Professional Services

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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 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. 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 CA, 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.

Appears in 1 contract

Samples: Supplemental Consultant Agreement

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