Contractor’s Payments. The Municipality agrees to make prompt payment to its contractor(s) of sums due for construction and to retain only such amounts as may be justified by specific circumstances and provisions of the construction contract.
Contractor’s Payments. The Contractor shall promptly pay its employees, and others performing or providing Contractor Services or authorized Additional Contractor Services upon receipt of payments from the District. If required by applicable law, rule or regulation, the Contractor’s payment to personnel providing or performing Contractor Services or authorized Additional Contractor Services shall be at least the prevailing wage rate established for the type of service provided. If prevailing wage rates apply to any personnel performing or providing Contractor Services or authorized Additional Services, the obligation for compliance rests solely with the Contractor, without adjustment of the Contract Price.
Contractor’s Payments a. In addition to the application fee already paid by Contractor, in order for the River District’s delivery obligation to become effective, Contractor shall pay to the River District on the execution of this Contract the total sum of $ , being $ for each acre foot of acre feet of Contracted Water for the current Project Year (July -June ). Thereafter, the River District shall provide Contractor an annual invoice for the Contracted Water, and Contractor shall pay the invoice within thirty (30) days of receipt. The price for each type of water will be reviewed and set annually by the River District’s Enterprise Board of Directors (which decision normally will be made prior to March 1 each year). Any annual increase in the contract price shall not exceed the then-current published Consumer Price Index (CPI) plus New Growth Index (NGI).
Contractor’s Payments. The Borrower agrees to make prompt payment to its contractor(s) of sums due for construction and to retain only such amounts as may be justified by specific circumstances and provisions of the construction contract.
Contractor’s Payments a. In addition to the application fee already paid by Contractor, in order for the River District’s delivery obligation to become effective, Contractor shall pay to the River District [option if water is needed for current project year: on the execution of this Contract] [option if water is needed for upcoming project year: within (30) days of receipt of the River District’s billing invoice, the then-current rate per acre-foot of Contracted Water], the total sum of $ , being $ for each acre foot of acre feet of Contracted Water for the [current] [upcoming] Project Year (July -June ). Thereafter, the River District shall provide Contractor an annual invoice for the Contracted Water, and Contractor shall pay the invoice within thirty (30) days of receipt. The price for each type of water will be reviewed and set annually by the River District’s Enterprise Board of Directors (which decision normally will be made prior to March 1 each year). Any annual increase in the contract price shall not exceed the then-current published Consumer Price Index (CPI) plus New Growth Index (NGI).
Contractor’s Payments. 4.1 For all services furnished, for all costs, direct or indirect, and for all expenses incurred by Contractor pursuant to this Contract, City shall pay Contractor at the amounts set forth in Contractor’s Bid, not to exceed Seven Hundred Fifty Thousand Dollars ($750,000) per year. The total amount City shall pay Contractor under this Contract shall not to exceed the total sum of Two Million Two Hundred Fifty Thousand Dollars ($2,250,000). Contractor shall submit to City requests for payment of the amounts due after furnishing services to the City's satisfaction. City shall pay Contractor under this Contract at rate amount and at the times and in the manner specified in the aforesaid Request for Bids and Contractor’s Bid.
