Common use of Consideration and Compensation Clause in Contracts

Consideration and Compensation. Service Provider will be compensated based on a fixed sum as set out in Exhibit “A”. The not-to-exceed amount shall be Fifty-Nine Thousand and Eighty Dollars ($59,080.00). Payment for goods and services shall be governed by Chapter 2251 of the Texas Government Code. An invoice shall be deemed overdue the 31st day after the later of (1) the date the County receives the goods under the contract; (2) the date the performance of the service under the contract is completed; or (3) the date the Williamson County Auditor receives an invoice for the goods or services. Interest charges for any overdue payments shall be paid by the County in accordance with Texas Government Code Section 2251.025. More specifically, the rate of interest that shall accrue on a late payment is the rate in effect on September 1 of the County’s fiscal year in which the payment becomes due. The said rate in effect on September 1 shall be equal to the sum of one percent (1%); and (2) the prime rate published in the Wall Street Journal on the first day of July of the preceding fiscal year that does not fall on a Saturday or Sunday. The County is a political subdivision under the laws of the State of Texas and claims exemption from sales and use taxes under Tex. Tax Code Xxx. §151.309, as amended. The County agrees to provide exemption certificates to Service Provider upon request. Likewise, the County is neither liable for any taxes, charges, or fees assessed against Service Provider for the supplies or products provided or any Services rendered.

Consideration and Compensation. Service Provider Vendor will be compensated based on a fixed sum as set out in Exhibit “A”the Vendor Quote dated May 17, 2023. The not-to-exceed amount shall be Fifty-Nine under this Agreement is Forty Thousand and Eighty Dollars ($59,080.0040,000.00). If the County desires to exercise its renewal option, the amount of compensation to be paid shall be capped at Forty Thousand ($40,000.00) per renewal term. This Agreement is subject to the availability of funds. In the event funds are unavailable at the beginning of the County’s fiscal year, the County may terminate this Contract without penalty or expense to the County. The County shall be the final authority as to the availability of funds and/or how funds will be allotted. Payment for goods and services shall be governed by Chapter 2251 of the Texas Government Code. An invoice shall be deemed overdue the 31st day after the later of (1) the date the County receives the goods under the contract; (2) the date the performance of the service under the contract is completed; or (3) the date the Williamson County Auditor receives an invoice for the goods or services. Interest charges for any overdue payments shall be paid by the County in accordance with Texas Government Code Section 2251.025. More specifically, the rate of interest that shall accrue on a late payment is the rate in effect on September 1 of the County’s fiscal year in which the payment becomes due. The said rate in effect on September 1 shall be equal to the sum of one percent (1%); and (2) the prime rate published in the Wall Street Journal on the first day of July of the preceding fiscal year that does not fall on a Saturday or Sunday. The County is a political subdivision under the laws of the State of Texas and claims exemption from sales and use taxes under Tex. Tax Code Xxx. §151.309, as amendedtaxes. The County agrees to provide exemption certificates to Service Provider Vendor upon request. Likewise, the County is neither liable for any taxes, charges, or fees assessed against Service Provider Vendor for the supplies or products provided or any Services rendered.

Consideration and Compensation. Service Provider will be compensated based on a fixed sum as set out in Exhibit “A”. A.” The not-to-exceed amount shall be Fifty-Two Thousand Nine Thousand and Eighty Hundred Dollars ($59,080.0052,900.00). Payment for goods and services shall be governed by Chapter 2251 of the Texas Government Code. An invoice shall be deemed overdue the 31st day after the later of (1) the date the County receives the goods under the contract; (2) the date the performance of the service under the contract is completed; or (3) the date the Williamson County Auditor receives an invoice for the goods or services. Interest charges for any overdue payments shall be paid by the County in accordance with Texas Government Code Section 2251.025. More specifically, the rate of interest that shall accrue on a late payment is the rate in effect on September 1 of the County’s fiscal year in which the payment becomes due. The said rate in effect on September 1 shall be equal to the sum of one percent (1%); and (2) the prime rate published in the Wall Street Journal on the first day of July of the preceding fiscal year that does not fall on a Saturday or Sunday. The County is a political subdivision under the laws of the State of Texas and claims exemption from sales and use taxes under Tex. Tax Code Xxx. §151.309, as amended. The County agrees to provide exemption certificates to Service Provider upon request. Likewise, the County is neither liable for any taxes, charges, or fees assessed against Service Provider for the supplies or products provided or any Services rendered.

Consideration and Compensation. Service Provider SSCI will be compensated based on a fixed sum as set out in Exhibit “A”. The not-to-exceed amount shall be FiftySeventy-Nine Five Thousand and Eighty Dollars ($59,080.0075,000.00). A purchase order must be issued by the County before commencement of any work or purchase of any goods related to this MSA. Payment for goods and services shall be governed by Chapter 2251 of the Texas Government Code. An invoice shall be deemed overdue the 31st day after the later of (1) the date the County receives the goods under the contract; (2) the date the performance of the service under the contract is completed; or (3) the date the Williamson County Auditor receives an invoice for the goods or services. Interest charges for any overdue payments shall be paid by the County in accordance with Texas Government Code Section 2251.025. More specifically, the rate of interest that shall accrue on a late payment is the rate in effect on September 1 of the County’s fiscal year in which the payment becomes due. The said rate in effect on September 1 shall be equal to the sum of one percent (1%); and (2) the prime rate published in the Wall Street Journal on the first day of July of the preceding fiscal year that does not fall on a Saturday or Sunday. The County is a political subdivision under the laws of the State of Texas and claims exemption from sales and use taxes under Tex. Tax Code Xxx. §151.309, as amended. The County agrees to provide exemption certificates to Service Provider SSCI upon request. Likewise, the County is neither liable for any taxes, charges, or fees assessed against Service Provider SSCI for the supplies or products provided or any Services rendered.

Consideration and Compensation. Service Provider will be compensated based on a fixed sum as set out the fee schedule and pricing included in Service Provider’s Response to 23RFP50 and Service Provider’s Response to 23RFP51 (Exhibit “A”. The not-to-exceed amount shall be Fifty-Nine Thousand and Eighty Dollars ($59,080.00C to Response). Payment for goods and services shall be governed by Chapter 2251 of the Texas Government Code. An invoice shall be deemed overdue the 31st day after the later of (1) the date the County receives the goods under the contract; (2) the date the performance of the service under the contract is completed; or (3) the date the Williamson County Auditor receives an invoice for the goods or services. Interest charges for any overdue payments shall be paid by the County in accordance with Texas Government Code Section 2251.025. More specifically, the rate of interest that shall accrue on a late payment is the rate in effect on September 1 of the County’s fiscal year in which the payment becomes due. The said rate in effect on September 1 shall be equal to the sum of one percent (1%); and (2) the prime rate published in the Wall Street Journal on the first day of July of the preceding fiscal year that does not fall on a Saturday or Sunday. The This Contract is subject to funding availability and award of grant funds. In the event sufficient grant funds become reduced or unavailable, the County is a political subdivision under may terminate this Contract without penalty or expense to the laws of the State of Texas and claims exemption from sales and use taxes under Tex. Tax Code Xxx. §151.309, as amendedCounty. The County agrees shall be the final authority as to provide exemption certificates to Service Provider upon request. Likewise, the County is neither liable for any taxes, charges, or fees assessed against Service Provider for the supplies or products provided or any Services renderedavailability of funds and how available funds will be allotted.