Common use of CONSULTANT’S COMPENSATION Clause in Contracts

CONSULTANT’S COMPENSATION. SPECIFIC RATES‌ a. The method of compensation for this Contract is Specific Rates of Compensation. Specific Rates of Compensation is defined as agreed upon hourly rates of labor plus reimbursement for other direct costs. b. The State shall pay the Consultant in monthly installments based upon Progress and Final Payment Reports submitted by the Consultant in ADOT'S format and in accordance with the specific rates price schedule in this Contract. c. The specific Billing Rates constitute compensation for all direct and indirect cost associated with the labor for this Contract, plus profit. d. Direct Expenses shall be separately approved in advance by the State. Examples of direct expenses are travel, meals or other mutually agreed-upon expenses of a non-routine nature, which are attributed directly to this Contract. e. Costs shall be identified separately for each project (TRACS). Costs for each category shall not exceed the amounts budgeted for those specific categories during the Contract timeframe without prior written approval by the State. The Consultant shall report the cost, in the format provided at xxxx://xxx.xxxxx.xxx/business/engineering-consultants/FormsandTemplates, as of the date of the Payment Report. f. The State shall not withhold retention on progress payments. However, if satisfactory progress has not been made, the State may first retain a maximum of 10% of the current and subsequent xxxxxxxx, or second, the State may refuse to make full progress payment(s) of such sums which are considered unnecessary. g. The State may, at any time, require an audit of the Consultant’s records. This may also include an examination of the records of all Subconsultants involved in the project and this Contract. h. Specific Rate contracts shall not be subject to audit except on a sample bases to determine the efficiency of ADOT negotiation process for its own internal control purposes.

CONSULTANT’S COMPENSATION. SPECIFIC RATES‌RATES a. The method of compensation for this Contract is Specific Rates of Compensation. Specific Rates of Compensation is defined as agreed upon hourly rates of labor plus reimbursement for other direct costs. b. The State shall pay the Consultant in monthly installments based upon Progress and Final Payment Reports submitted by the Consultant in ADOT'S format and in accordance with the specific rates price schedule in this Contract. c. The specific Billing Rates constitute compensation for all direct and indirect cost associated with the labor for this Contract, plus profit. d. Direct Expenses shall be separately approved in advance by the State. Examples of direct expenses are travel, meals or other mutually agreed-upon expenses of a non-routine nature, which are attributed directly to this Contract. e. Costs shall be identified separately for each project (TRACS). Costs for each category shall not exceed the amounts budgeted for those specific categories during the Contract timeframe without prior written approval by the State. The Consultant shall report the cost, in the format provided at xxxx://xxx.xxxxx.xxx/business/engineering-consultants/FormsandTemplatesxxxx://xxx.xxxxx.xxx/docs/default-source/ecs/sr-rev-01-16-13.xls?sfvrsn=2, as of the date of the Payment Report. f. The State shall not withhold retention on progress payments. However, if satisfactory progress has not been made, the State may first retain a maximum of 10% of the current and subsequent xxxxxxxx, or second, the State may refuse to make full progress payment(s) of such sums which are considered unnecessary. g. The State may, at any time, require an audit of the Consultant’s records. This may also include an examination of the records of all Subconsultants involved in the project and this Contract. h. Specific Rate contracts shall not be subject to audit except on a sample bases to determine the efficiency of ADOT negotiation process for its own internal control purposes.

CONSULTANT’S COMPENSATION. SPECIFIC RATES‌ a. The method of compensation for this Contract is Specific Rates of Compensation. Specific Rates of Compensation is defined as agreed upon hourly rates of labor plus reimbursement for other direct costs. b. The State shall pay the Consultant in monthly installments based upon Progress and Final Payment Reports submitted by the Consultant in ADOT'S format and in accordance with the specific rates price schedule in this Contract. c. The specific Billing Rates constitute compensation for all direct and indirect cost associated with the labor for this Contract, plus profit. d. Direct Expenses shall be separately approved in advance by the State. Examples of direct expenses are travel, meals or other mutually agreed-upon expenses of a non-routine nature, which are attributed directly to this Contract. e. Costs shall be identified separately for each project (TRACS). Costs for each category shall not exceed the amounts budgeted for those specific categories during the Contract timeframe without prior written approval by the State. The Consultant shall report the cost, in the format provided at xxxx://xxx.xxxxx.xxx/business/engineering-consultants/FormsandTemplatesxxxxx://xxxxx.xxx/sites/default/files/2019/06/sr-payment-report-format.xls, as of the date of the Payment Report. f. The State shall not withhold retention on progress payments. However, if satisfactory progress has not been made, the State may first retain a maximum of 10% of the current and subsequent xxxxxxxx, or second, the State may refuse to make full progress payment(s) of such sums which are considered unnecessary. g. The State may, at any time, require an audit of the Consultant’s records. This may also include an examination of the records of all Subconsultants involved in the project and this Contract. h. Specific Rate contracts shall not be subject to audit except on a sample bases to determine the efficiency of ADOT negotiation process for its own internal control purposes.