Fixed Lump Sum Sample Clauses

Fixed Lump Sum. Under this compensation basis, the Consultant agrees to perform specifically described services for an agreed fixed dollar amount of compensation.
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Fixed Lump Sum. When the price is not based on fixed unit prices, it is expressed as a fixed lump sum. The price to be paid to the Contractor is an all-inclusive price covering all the expenses resulting from the supply of Products or performing of the Services or Works, including the expenses related to labour, supervision, consumables, Contractor’s Tools, design, engineering, delivery of Technical Documentation, manufacturing, testing, packaging transport, storage, quality assurance, erection, construction, commissioning and testing, coordination, handing over, travel, accommodation, Intellectual Property Rights costs, insurance costs, overheads, taxes, duties and profits.
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Fixed Lump Sum. AGREEMENTS 5.1 General 5.2 Calculation of Annual Lump Sum Payment and Distribution of Costs for Labor, Equipment and Materials 5.3 Adjustment of Annual Lump Sum Payment; Periodic Cost-Effectiveness or Reasonableness Evaluations 5.4 Interim Payment Arrangements 5.5 Total Annual Payment; Payment Limits; Unsatisfactory Work Performance – State Response 5.6 Overpayment 5.7 Extension of Agreement; Change of Agreement Type; Withdrawal from Agreement 5.8 Extra Work
Sample 1
Fixed Lump Sum. The Commercial Proposal submitted by the Supplier as part of its Proposal applies both to Mode 1 operation and Mode 2 operation. In the event of Mode 2 operation MWC shall apply all respective requirements and commitments made by the Supplier in its Commercial Proposal as is.
Sample 1
Fixed Lump Sum. The Commercial Proposal submitted by the Supplier as part of its Proposal applies both to Mode 1 operation and Mode 2 operation. In the event of Mode 2 operation MWC shall apply all respective requirements and commitments made by the Supplier in its Commercial Proposal as is. Accordingly, for all means and purposes including the 1st Performance Test, referred to in Section 21.3 (1st Performance Test) below, and Routine Performance Tests, referred to in Section 21.4 (Routine Operation Tests) below, the Parties shall refer to the respective requirements of the Contract Documents and Commercial Proposal Forms which shall bind and apply both to Mode 1 operation and Mode 2 operation. This equally applies also to the manner by which Liquidated Damages for Non-compliance with Guaranteed Performance Criteria shall be calculated by MWC and applied by it. MWC’s Fulfilment of Mode 2 Option– Schedule – At any time as of Signature Date and at the latest 8 months following Signature Date, MWC may notify the Supplier of its decision to implement Mode 2 operation of the Project (the “Option”). In the event such notice is given within the aforesaid timeframe – the implementation of the Option shall have no schedule implications and the Project shall be advanced per the Project Schedule.
Sample 1

Related to Fixed Lump Sum

  • Lump Sum The Change Order cost is determined by mutual agreement as a lump sum amount changing the Contract Sum allowed for completion of the Work. The Change Order shall be substantiated by documentation itemizing the estimated quantities and costs of all labor, materials and equipment required as well as any xxxx-up used. The price change shall include the cost percent allowed for the Contractor's overhead and profit and, if eligible, Time Dependent Overhead Costs.

  • Contribution Formula - Basic Life Coverage For employee basic life coverage and accidental death and dismemberment coverage, the Employer contributes one-hundred (100) percent of the cost.

  • Second Year Wage Adjustment Effective July 1, 2020, all salary ranges and rates shall be increased by two and one-half percent (2.50%), rounded to the nearest cent. Salary increases provided by this Section shall be given to all employees including those employees whose rates of pay exceed the maximum rate for their class. The compensation grids for classes covered by this Agreement are contained in Appendix E-2. Conversion to the new compensation grid shall not change an employee’s eligibility for step progression increases.

  • Overtime Pay Calculation Overtime shall not be claimed or received for less than fifteen (15) minutes. If overtime amounts to fifteen (15) minutes, or more, it shall be paid for the total period.

  • First Year Wage Adjustment Effective July 1, 2017, all salary ranges and rates shall be increased by two percent (2.0%), rounded to the nearest cent. The compensation grids for classes covered by this Agreement are contained in Appendix E-1. Employees shall convert to the new compensation grid as provided in Section 2.

  • When Must Distributions from a Traditional IRA Begin You must begin receiving the assets in your account no later than April 1 following the calendar year in which you reach RMD age.

  • Automatic Recurring Payments You may use the xxxx payment function to arrange for the automatic payment of bills that have a fixed frequency and amount. Once your automatic xxxx payment arrangements are established, we will make the payments without further requests by you. If the payment due date for an automatic payment falls on a weekend or holiday, the payment may be made the following business day.

  • Contract Distribution The Employer will provide all current and new employees with a link to the new Agreement. Each department or unit will maintain a paper copy of the contract accessible to all employees.

  • Pension Contributions While on Short Term Disability Contributions for OMERS Plan Members When an employee/plan member is on short-term sick leave and receiving less than 100% of regular salary, the Board will continue to deduct and remit OMERS contributions based on 100% of the employee/plan member’s regular pay.

  • For Lump Sum Change Order The payment and extension of time (if any) provided by this Change Order constitutes compensation in full to the Contractor and its Subcontractors and Suppliers for all costs and markups directly and indirectly attributable to the Change Order herein, for all delays related thereto and for performance of changes within the time stated.

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