Common use of Deliverables and Compensation Clause in Contracts

Deliverables and Compensation. 3.1 Sponsor agrees to make payment to University in accordance with the line item budget (Exhibit B), in an amount not to exceed $__________ over the term of this contract. University will invoice Sponsor on a quarterly basis on or before the 20th day of the calendar month after the quarter for which services were rendered. Invoice due dates for the term of this contract are July 20, and October 20, 2018. An estimate of the final xxxx amount will be submitted in October, as soon as available to be followed by an actual xxxx. Requests for payment must describe the services provided and provide all documentation of provision of such services described on Exhibit A. Acceptable documentation includes, but is not limited to payroll registers, purchase orders, paid vouchers, travel receipts, invoices and any other documentation deemed necessary and approved by Sponsor, for release of payments under this Agreement. Sponsor shall render payment to University based on cost reimbursement of the services provided and in accordance with the line item budget defined herein, Exhibit “B,” within sixty (60) of receiving acceptable invoice and documentation, subject to the availability of lawfully appropriated funds for this Program.

Deliverables and Compensation. 3.1 Sponsor agrees to make payment to University in accordance with the line item budget (Exhibit B), in an amount not to exceed $__________ 71,681.00 over the term of this contract. University will invoice Sponsor on a quarterly basis on or before the 20th day of the calendar month after the quarter for which services were rendered. Invoice due dates for the term of this contract are January 20, April 20, July 20, and October 20, 20182020. An estimate of the final xxxx amount will be submitted in OctoberOctober 2020, as soon as available to be followed by an actual xxxx. Requests for payment must describe the services provided and provide all documentation of provision of such services described on Exhibit A. “A.” Acceptable documentation includes, but is not limited to reports of deliverables, payroll registers, purchase orders, paid vouchers, travel receipts, invoices and any other documentation deemed necessary and approved by Sponsor, for release of payments under this Agreement. Sponsor shall render payment to University based on cost reimbursement of the services provided and in accordance with the line item budget defined herein, Exhibit “BC,” within sixty (60) of receiving acceptable invoice and documentation, subject to the availability of lawfully appropriated funds for this Program.

Deliverables and Compensation. 3.1 Sponsor agrees to make payment to University in accordance with the line item budget (Exhibit B), in an amount not to exceed $__________ 64,995.00 over the term of this contract. University will invoice Sponsor on a quarterly basis on or before the 20th day of the calendar month after the quarter for which services were rendered. Invoice due dates for the term of this contract are January 20, April 20, July 20, and October 20, 20182021. An estimate of the final xxxx bill amount will be submitted in October, as soon as available to be followed by an actual xxxxbill. Requests for payment must describe the services provided and provide all documentation of provision of such services described on Exhibit A. “A.” Acceptable documentation includes, but is not limited to reports of deliverables, payroll registers, purchase orders, paid vouchers, travel receipts, invoices and any other documentation deemed necessary and approved by Sponsor, for release of payments under this Agreement. Sponsor shall render payment to University based on cost reimbursement of the services provided and in accordance with the line item budget defined herein, Exhibit “BC,” within sixty (60) of receiving acceptable invoice and documentation, subject to the availability of lawfully appropriated funds for this Program.

Deliverables and Compensation. 3.1 Sponsor agrees to make payment to University in accordance with the line item budget (Exhibit B), in an amount not to exceed $__________ 49,999 over the term of this contract. University will invoice Sponsor on a quarterly basis on or before the 20th day of the calendar month after the quarter for which services were rendered. Invoice due dates for the term of this contract are January 20, April 20, July 20, and October 20, 20182020. An estimate of the final xxxx bill amount will be submitted in OctoberOctober 2020, as soon as available to be followed by an actual xxxxbill. Requests for payment must describe the services provided and provide all documentation of provision of such services described on Exhibit A. “A.” Acceptable documentation includes, but is not limited to reports of deliverables, payroll registers, purchase orders, paid vouchers, travel receipts, invoices and any other documentation deemed necessary and approved by Sponsor, for release of payments under this Agreement. Sponsor shall render payment to University based on cost reimbursement of the services provided and in accordance with the line item budget defined herein, Exhibit “BC,” within sixty (60) of receiving acceptable invoice and documentation, subject to the availability of lawfully appropriated funds for this Program.