Common use of Contract Price and Payment Terms Clause in Contracts

Contract Price and Payment Terms. 5.1. CAECD agrees to compensate County in the total amount of not to exceed $309,890 for its performance of this contract.

Contract Price and Payment Terms. 5.1. CAECD agrees to compensate County in the total amount of not to exceed $309,890 per fiscal year for its performance of this contract. CAECD must make any payment obligated by this agreement from current revenues available to CAECD. The stated amount is a payment which fairly compensates the City for the duties performed hereunder.