Estimated Fees Clause Samples
The Estimated Fees clause defines the anticipated costs or charges associated with a particular service or agreement. It typically outlines the basis for calculating these fees, such as hourly rates, project milestones, or expected usage, and may specify that the final amount could vary depending on actual work performed or resources used. This clause helps set expectations for both parties regarding financial obligations and reduces the risk of disputes over payment by providing a transparent framework for how fees are determined and adjusted.
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Estimated Fees. CONSULTANT’s estimate of the amount that will become payable for Services (including CONSULTANT’s Sub-Consultants and reimbursable expenses) is only an estimate for planning purposes, is not binding on the parties and is not the maximum amount payable to CONSULTANT for the services under this Agreement. Notwithstanding the fact that the estimated amount for the services is exceeded, CONSULTANT shall receive compensation for all Services furnished or performed under this Agreement. TOTAL COMPENSATION FOR CONSULTANT’S SERVICES $ 329,225.00 LS TOTAL COMPENSATION FOR REIMBURSABLE EXPENSES $ 51,799.00 LS TOTAL COMPENSATION INCLUDING CONSULTANT’S SERVICES, SUB-CONSULTANT’S SERVICES & REIMBURSABLE EXPENSES $ 381,024.00 LS
Estimated Fees. Itron will provide Customer with a price quote for the estimated cost (including current inspection fees), including labor, materials and shipping, for any repairs to equipment that are requested, which Itron determines are excluded from or not included within the Maintenance Services ordered by Customer. If Customer elects not to proceed with the requested repair, Itron will return the item of equipment at Customer’s expense and Itron may charge Customer its then-current inspection fee.
Estimated Fees. The estimated fees for this agreement are $30,000.00. These fees are variable based on the fee schedule provided.
Estimated Fees. (a) Client shall pay Fiserv fees and other charges for each Development Project as specified in each Exhibit E–n (“Development Fees”). * . The minimum number of days will be clearly indicated on the estimate.
(b) Client agrees to pay the reasonable travel and living expenses of any Fiserv employees and Fiserv authorized contractors who render services at any Client site in connection with each Development Project. All expenses shall be itemized on invoices submitted by Fiserv. Fiserv agrees to provide estimates of reasonable travel and living expense for Fiserv employees and/or that of authorized contractors who render services to Client at any Client site in each development project.
(c) Should Fiserv provide installation, conversion, or training to Client for a Development Project, the fees therefore shall be as specified on each Exhibit E – n. * Indicates that material has been omitted and confidential treatment has been requested therefor. All such omitted material has been filed separately with the SEC pursuant to Rule 24b-2.
(d) Development Fees shall be paid 50% upon execution of each Exhibit E – n and 50% upon Development Project completion.
(e) Fiserv reserves the right to increase the applicable maintenance fees for the Fiserv Service to which the Development Project relates. Any such increase will be disclosed as part of Exhibit E-n.
(f) Fiserv reserves the right to charge Client at Fiserv’s then current professional services rates for any necessary retrofitting of Development Services when releases of the Fiserv System(s) to which Development Projects relate are made generally available. *.
Estimated Fees. CONSULTANT’s estimate of the amount that will become payable for Services (including CONSULTANT’s Sub-Consultants and reimbursable expenses) is only an estimate for planning purposes, is not binding on the parties and is not the maximum amount payable to CONSULTANT for the services under this Agreement. Notwithstanding the fact that the estimated amount for the services is exceeded, CONSULTANT shall receive compensation for all Services furnished or performed under this Agreement. TOTAL COMPENSATION FOR CONSULTANT’S SERVICES $487,710 T&M TOTAL COMPENSATION FOR SUB-CONSULTANT’S SERVICES $0 T&M TOTAL COMPENSATION INCLUDING CONSULTANT’S SERVICES, SUB-CONSULTANT’S SERVICES & REIMBURSABLE EXPENSES $494,710 T&M
Estimated Fees. (a) The client is billed $[***] for preparation of an estimate when the estimate is sent. If client proceeds with the project, the $[***] is credited to the total cost; if the client does not proceed, the $[***] is non-refundable.
(b) Initial payment is due with approval letter and is equal to [***] of the high end of the estimate, which will be used to fund the detailed definition document.
(c) Upon receipt of the definition document sign-off, Fiserv bills Client [***] of the high end of the detailed estimate, which will be credited to the total cost of the project.
(d) Upon completion of the project, Client is billed remaining amount from the authorized estimate of the project.
(e) If Fiserv fails to meet the targeted release date, the client is [***] of the total cost of the project unless otherwise agreed. This assumes that no significant changes were requested post original definition or no issues outside of the control of Fiserv (e.g., third party vendor participation) precluded on-time delivery.
Estimated Fees. The work will be billed on a time and materials basis. Estimated fees for the proposed scope of work are presented in the following table. Task 1 – Earthworks Specifications $4,303.00 Task 2 – Construction Submittal Review $10,391.00 Task 3 – RFI Review and Response $15,471.00 Task 4 – Attend Project Meetings $8,064.00 Task 5 – Periodic Sites Visits $7,854.30 The estimated fees are based on the anticipated project scope and associated hours presented in this proposal. A breakdown of the anticipated costs is attached. The projected hours and costs are for preliminary planning purposes. Additional charges which might arise from the need for further meetings, reviews, or site visits will be made based on our 2024 Unit Rates (attached).
Estimated Fees. Client shall pay fees for Account Processing Services for the following month on an estimated basis. Fiserv shall timely reconcile estimated fees paid by Client for Account Processing Services against the fees and charges actually due Fiserv based on Client’s actual use of Account Processing Services for such month. Fiserv shall either issue a credit to Client or provide Client with an invoice for any additional fees or other charges owed. Fiserv may change the estimated amount of fees billed as appropriate to reflect changes in actual use of Account Processing Services.
Estimated Fees. All labor will be billed on a time-and-materials not-to-exceed basis with budgets as shown. Budgets for technical studies are place-holders, and will be refined once the full scope of required studies is known.
Estimated Fees. (a) Client shall pay Fiserv fees and other charges for --------------- each Development Project as specified in each Exhibit I - n ("Development Fees"). Development Fees means the greater of the sums of amounts derived by multiplying either the minimum number of days specified or the number of days or fractions of days worked within each grade by the daily fee rate as specified. Any estimates of Development Fees and completion dates are referenced solely for the purpose of allowing Client to plan its budgets and schedules based upon the then available information. The daily rates quoted in the table will be valid for 3 months from the effective date of a Development Project. Thereafter, they will be subject to change by Fiserv on 1 month's notice to Client. A higher rate may be applied for an individual whose support to Client has advanced to a new job grade or after 1 month's notice if such individual's general development warrants a job upgrade by Fiserv.