Fixed Cost Basis Sample Clauses

Fixed Cost Basis. For fixed cost Professional Services, payment shall be tied to achieving the Milestones in accordance with the applicable Services Acceptance Criteria. Upon acceptance of a Milestone by Purchaser, Vendor shall invoice Purchaser for the fees and expenses incurred in connection with the accepted Milestone.
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Fixed Cost Basis. Unless expressly agreed to the contrary in writing, all productions are made on a fixed cost basis and not on a cost plus basis. Cost breakdowns and budgets are provided for information purposes only and are to be considered estimates and not quotations. They are supplied merely to illustrate assumptions by which the agreed total is calculated. Joy Inc does not warrant or represent that particular costs will be incurred or that costs will be incurred at particular levels. A failure by Joy Inc to incur a particular cost does not prevent Joy Inc from allowing for that cost when charging the agreed or estimated total. Joy Inc is entitled to adjust and reallocate the costs which make up the agreed or estimated total. Wherever applicable, estimates provided by the Joy Inc will include, as separate items, estimates of GST and any other charges or levies.
Sample 1

Related to Fixed Cost Basis

  • Total Cost It is estimated that the total cost to Princeton University for the performance of this Contract shall not exceed the Not-to-Exceed Price set forth in the Contract and the Contractor agrees to use its best efforts to perform the Work specified in the Contract and all obligations under this Contract within such Not-to- Exceed Price. If at any time the Contractor has reason to believe that the hourly rate payments and material costs that will accrue in performing this Contract in the next succeeding thirty (30) days, if added to all other payments and costs previously accrued, will exceed eighty-five percent (85%) of the Not-to-Exceed Price in the Contract, the Contractor shall notify Princeton University giving a revised estimate of the total price for performing this Contract with supporting reasons and documentation. If at any time during performing this Contract, the Contractor has reason to believe that the total price to Princeton University for performing this Contract will be substantially greater or less than stated Not-to-Exceed Price, the Contractor shall so notify Princeton University, giving a revised estimate of the total price for performing this Contract, with supporting reasons and documentation. If at any time during performance of this Contract, Princeton University has reason to believe that the cost required to perform the Work of this Contract will be substantially greater or less than the stated Not-to-Exceed Price, Princeton University will so advise the Contractor, giving the then- revised estimate of the total amount of effort to be required under the Contract.

  • Project Cost a. The estimated cost of the Project is $ 97,740.00. This amount is based upon the Schedule of Financial Assistance in Exhibit "B", attached to and incorporated in this Agreement. Exhibit “B” may be modified by mutual execution of an amendment as provided for in paragraph 5.i.

  • Estimated Cost Estimated costs by construction phases for Specified Roads listed in A7 are stated by segments in the Schedule of Items. Such estimated costs are subject to adjustment under B3.3, B5.2, B5.21, B5.212, B5.25, and B5.26. Appropriately adjusted costs shall be made a part of a revised Schedule of Items and shown as adjustments to Timber Sale Account. The revised Schedule of Items shall supersede any prior Schedule of Items when it is dated and signed by Contracting Officer and a copy is furnished to Purchaser.

  • GMP Cost Limitation The Guaranteed Maximum Price shall not be in excess of the GMP Cost Limitation.

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