Compensation to Contractor. The terms related to the price of the goods and/or services to be provided under this Agreement and the terms of payment to the Contractor are described in more detail in Attachment “B” to this Agreement: Price and Payment Information.
Compensation to Contractor. 5.1 Contractor shall submit (weekly, monthly, etc.) invoices in arrears indicating for each item of the Work performed, hours of work expended (in quarter-hour increments), hourly rate or rates of persons performing the task, and copies of receipts for reimbursable materials or expenses. Compensation to Contractor shall be paid on a (lump sum, time-and-materials, etc.) basis, with a cost-not-to- exceed limit of $XXXX, in accordance with the fee schedule and list of reimbursable expenses set forth on Attachment B attached and incorporated by this reference.
5.2 County shall make payment to Contractor within 30 days of the invoice for payment, based upon the services described on the invoice and in an amount properly allowed by the County.
5.3 Contractor shall provide a completed W-9 to the Auditor’s Office. No payments shall be issued prior to submission of this form.
5.4 In the event Contractor claims or received payment from County for a service for which reimbursement is later disallowed by County, state or federal agencies, Contractor shall promptly refund the disallowed amount to County upon request or, at County’s option, County may offset the amount disallowed from any payment that is due or becomes due to Contractor under this Agreement or any other agreement.
Compensation to Contractor. Compensation method shall be cost reimbursement.
Compensation to Contractor. The District shall pay compensation to the Contractor for the goods and/or services to be provided under this Agreement as follows:
Compensation to Contractor. In consideration for the services provided by Contractor at the rates described in Article 2 above, WORD agrees to pay Contractor an amount not to exceed $215,000.00.
Compensation to Contractor. CONTRACTOR shall submit invoices to the CITY for review and approval by the CITY’s representative, indicating that all goods and services have been provided and rendered in conformity with this Agreement and then will be sent to the Finance Department for payment. Invoices will normally be paid within thirty (30) days following the CITY representative’s approval. CONTRACTOR waives consequential or incidental damages for claims, disputes or other matters in question arising out of or relating to this Agreement. In order for both parties herein to close their books and records, CONTRACTOR will clearly state “final invoice” on the CONTRACTOR’s final/last billing to the CITY. This certifies that all services have been properly performed and all charges have been invoiced to the CITY. Since this account will thereupon be closed, any and other further charges if not properly included in this final invoice are waived by the CONTRACTOR. The CITY will not be liable for any invoice from the CONTRACTOR submitted thirty (30) days after the provision of all services.
Compensation to Contractor a. COST REIMBURSEMENT CONTRACT
1. For Non-Profit Agencies, OMB Circular A-122.
2. For Local Governments, OMB Circular A-87.
3. For Public and Nonprofit Institutions of Higher Education, OMB Circular A-121.
4. For Profit Making Organization, 41 CFR Part 1.
(i) If CONTRACTOR provides any tasks, deliverables, goods, services, or other work, other than as specified in this contract, the same will be deemed to be a gratuitous effort on the part of the CONTRACTOR, and the CONTRACTOR will have no claim whatsoever against COUNTY.
b. COST REIMBURSEMENT CLAIM
(i) Prior to submittal, cost reimbursement claims must be certified and signed by a responsible officer of CONTRACTOR with authority to certify that the information submitted by CONTRACTOR is accurate and CONTRACTOR is entitled to payment under the terms of the contract. COUNTY may rely on said certification in making payment, but this payment will not constitute a waiver of any of COUNTY's legal rights or objections.
(ii) If the cost reimbursement claim is in proper form and the items billed are payable under this contract, COUNTY will make payment to CONTRACTOR within twenty- one (21) working days after receipt of the cost reimbursement claim.
(iii) COUNTY will not be required to make payment if the amount claimed is not in accordance with the provisions of this contract. All payments under this contract will be made directly to CONTRACTOR as a corporate entity. Under no circumstances will COUNTY be required to make payments in any amount pursuant to this contract to any other parties, including individual employees or creditors of CONTRACTOR.
(iv) COUNTY is not obligated to reimburse CONTRACTOR for any expenditure not reported to COUNTY within sixty (60) calendar days after the end of the last month of the contract term.
Compensation to Contractor. Compensation for the lease of the equipment and transportation services provided by Contractor shall be at the rates specified in Appendix B attached hereto and made a part hereof.
Compensation to Contractor. Payments by the TOWN to the CONTRACTOR under this Agreement shall not exceed the amount of compensation, on the unit basis for each item (where an item is specified), as set forth under the CONTRACT, and more particularly specified in the Exhibits to this Agreement. CONTRACTOR waives consequential or incidental damages for claims, disputes or other matters in question arising out of or relating to this Agreement. The TOWN will not expend more than the amount in the approved Budget as it may be adopted each year for the SERVICES over the term of this Agreement.
Compensation to Contractor. As full compensation for Contractors services under this agreement, Client agrees to pay Contractor a commission of 15% of the full sales price (including purchase price, freight, taxes and all other costs) of equipment purchased by the Partnership from the Client. The commission shall be paid by the Client concurrently with payment by the Partnership. Contractor represents that the commission is sufficient to support all costs and normal expenses required to effect the funding and offering of Units of the Partnership.
