Common use of Fixed Professional Fee (Profit) Clause in Contracts

Fixed Professional Fee (Profit). The County shall pay a Fixed Professional Fee, which amount shall not exceed a maximum total sum of @ DOLLARS (@) for all work satisfactorily performed by ConsultantName. a. The Fixed Professional Fee is developed on the Direct Labor Costs. The Consultant acknowledges and agrees that the Fixed Professional Fee does not and shall not include any profit or other markup on Indirect Costs, subconsulting costs or Other Direct Costs. b. The Parties acknowledges and agrees that the Fixed Professional Fee is a fixed amount, which cannot be increased because of any differences between the Total Price and actual costs of performing the work required by this Agreement. In no event shall payments to the Consultant exceed said Total Price. c. The Consultant acknowledges and agrees that the Fixed Professional Fee is only due and payable for project work for which the County has given notice to proceed and which the Consultant has satisfactorily completed. The Fixed Professional Fee will not be paid for any tasks in the Scope of Work and Cost Summary that the Project Representative does not authorize the Consultant to perform. d. The Consultant acknowledges and agrees that the amount of the Fixed Professional Fee may be adjusted by the County to: (1) Reduce the Fixed Professional Fee associated with Scope of Work that was not authorized by the Project Representative or performed by the Consultant; (2) Reduce the Fixed Professional Fee associated with deletions in the Scope of Work; (3) Increase the Fixed Professional Fee for additional work added to the Scope of Work through an amendment. e. The Fixed Professional Fee shall be paid as follows: (1) The Fixed Professional Fee will be paid monthly in proportion to the project work satisfactorily completed. The proportion of work completed shall be determined by earned value of the deliverables satisfactorily completed. The Cost Summary shall identify the deliverables for payment of the Fixed Professional Fee. (2) A payment for an individual month shall include that portion of the Fixed Professional Fee allocable to the project work satisfactorily completed during said month and not previously paid; and (3) Any portion of the Fixed Professional Fee not previously paid in the monthly payments shall be included in the final payment provided that the Consultant satisfactorily completed the entire scope of work subject to the limitations set forth above.

Fixed Professional Fee (Profit). The County shall pay a Fixed Professional Fee, which amount shall not exceed a the maximum total sum of @ DOLLARS specified in Section 1, Agreement Summary (@Prime Fixed Professional Fee) for all work satisfactorily performed by ConsultantName. The County shall pay a Fixed Professional Fee, which amount shall not exceed the maximum total sum specified in Section 1, Agreement Summary (Subconsultants’ Fixed Professional Fee) for all work satisfactorily performed by the subconsultants. a. The Fixed Professional Fee is developed on the Direct Labor Costs. The Consultant acknowledges and agrees that the Fixed Professional Fee does not and shall not include any profit or other markup on Indirect Costs, subconsulting costs or Other Direct Costs. b. The Parties acknowledges and agrees that the Fixed Professional Fee is a fixed amount, which cannot be increased because of any differences between the Total Price and actual costs of performing the work required by this Agreement. In no event shall payments to the Consultant exceed said Total Price. c. The Consultant acknowledges and agrees that the Fixed Professional Fee is only due and payable for project work for which the County has given notice to proceed and which the Consultant has satisfactorily completed. The Fixed Professional Fee will not be paid for any tasks in the Scope of Work and Cost Summary that the Project Representative does not authorize the Consultant to perform. d. The Consultant acknowledges and agrees that the amount of the Fixed Professional Fee may be adjusted by the County to: (1) Reduce the Fixed Professional Fee associated with Scope of Work that was not authorized by the Project Representative or performed by the Consultant;; DRAFT (2) Reduce the Fixed Professional Fee associated with deletions in the Scope of Work; (3) Increase the Fixed Professional Fee for additional work added to the Scope of Work through an amendment. e. The Fixed Professional Fee shall be paid as follows: (1) The Fixed Professional Fee will be paid monthly in proportion to the project work satisfactorily completed. The proportion of work completed shall be determined by earned value of the deliverables satisfactorily completed. The Exhibit B, Cost Summary shall identify the deliverables for payment of the Fixed Professional Fee. (2) A payment for an individual month shall include that portion of the Fixed Professional Fee allocable to the project work satisfactorily completed during said month and not previously paid; and (3) Any portion of the Fixed Professional Fee not previously paid in the monthly payments shall be included in the final payment provided that the Consultant satisfactorily completed the entire scope Scope of work Work subject to the limitations set forth above.

Fixed Professional Fee (Profit). The County shall pay a Fixed Professional Fee, which amount shall not exceed a maximum total sum of @ DOLLARS (@) @$ for all work satisfactorily performed by ConsultantName. a. The Fixed Professional Fee is developed on the Direct Labor Costs. The Consultant acknowledges and agrees that the Fixed Professional Fee does not and shall not include any profit or other markup on Indirect Costs, subconsulting costs or Other Direct Costs. b. The Parties acknowledges and agrees that the Fixed Professional Fee is a fixed amount, which cannot be increased because of any differences between the Total Price and actual costs of performing the work required by this Agreement. In no event shall payments to the Consultant exceed said Total Price. c. The Consultant acknowledges and agrees that the Fixed Professional Fee is only due and payable for project work for which the County has given notice to proceed and which the Consultant has satisfactorily completed. The Fixed Professional Fee will not be paid for any tasks in the Scope of Work and Cost Summary that the Project Representative does not authorize the Consultant to perform. d. The Consultant acknowledges and agrees that the amount of the Fixed Professional Fee may be adjusted by the County to:: DRAFT (1) Reduce the Fixed Professional Fee associated with Scope of Work that was not authorized by the Project Representative or performed by the Consultant; (2) Reduce the Fixed Professional Fee associated with deletions in the Scope of Work; (3) Increase the Fixed Professional Fee for additional work added to the Scope of Work through an amendment. e. The Fixed Professional Fee shall be paid as follows: (1) The Fixed Professional Fee will be paid monthly in proportion to the project work satisfactorily completed. The proportion of work completed shall be determined by earned value of the deliverables satisfactorily completed. The Cost Summary shall identify the deliverables for payment of the Fixed Professional Fee. (2) A payment for an individual month shall include that portion of the Fixed Professional Fee allocable to the project work satisfactorily completed during said month and not previously paid; and (3) Any portion of the Fixed Professional Fee not previously paid in the monthly payments shall be included in the final payment provided that the Consultant satisfactorily completed the entire scope Scope of work Work subject to the limitations set forth above.

Fixed Professional Fee (Profit). The County shall pay a Fixed Professional Fee, which amount shall not exceed a maximum total sum of @ DOLLARS (@) @$ for all work satisfactorily performed by ConsultantName. The County shall pay a Fixed Professional Fee, which amount shall not exceed a maximum total sum of @$ for all work satisfactorily performed by the subconsultants. a. The Fixed Professional Fee is developed on the Direct Labor Costs. The Consultant acknowledges and agrees that the Fixed Professional Fee does not and shall not include any profit or other markup on Indirect Costs, subconsulting costs or Other Direct Costs. b. The Parties acknowledges and agrees that the Fixed Professional Fee is a fixed amount, which cannot be increased because of any differences between the Total Price and actual costs of performing the work required by this Agreement. In no event shall payments to the Consultant exceed said Total Price. c. The Consultant acknowledges and agrees that the Fixed Professional Fee is only due and payable for project work for which the County has given notice to proceed and which the Consultant has satisfactorily completed. The Fixed Professional Fee will not be paid for any tasks in the Scope of Work and Cost Summary that the Project Representative does not authorize the Consultant to perform. d. The Consultant acknowledges and agrees that the amount of the Fixed Professional Fee may be adjusted by the County to: (1) Reduce the Fixed Professional Fee associated with Scope of Work that was not authorized by the Project Representative or performed by the Consultant; (2) Reduce the Fixed Professional Fee associated with deletions in the Scope of Work; (3) Increase the Fixed Professional Fee for additional work added to the Scope of Work through an amendment. e. The Fixed Professional Fee shall be paid as follows:: DRAFT (1) The Fixed Professional Fee will be paid monthly in proportion to the project work satisfactorily completed. The proportion of work completed shall be determined by earned value of the deliverables satisfactorily completed. The Cost Summary shall identify the deliverables for payment of the Fixed Professional Fee. (2) A payment for an individual month shall include that portion of the Fixed Professional Fee allocable to the project work satisfactorily completed during said month and not previously paid; and (3) Any portion of the Fixed Professional Fee not previously paid in the monthly payments shall be included in the final payment provided that the Consultant satisfactorily completed the entire scope Scope of work Work subject to the limitations set forth above.

Fixed Professional Fee (Profit). The County shall pay a Fixed Professional Fee, which amount shall not exceed a maximum total sum of @ DOLLARS (@) for all work satisfactorily performed by ConsultantName. The County shall pay a Fixed Professional Fee, which amount shall not exceed a maximum total sum of @ DOLLARS (@) for all work satisfactorily performed by the subconsultants. a. The Fixed Professional Fee is developed on the Direct Labor Costs. The Consultant acknowledges and agrees that the Fixed Professional Fee does not and shall not include any profit or other markup on Indirect Costs, subconsulting costs or Other Direct Costs. b. The Parties acknowledges and agrees that the Fixed Professional Fee is a fixed amount, which cannot be increased because of any differences between the Total Price and actual costs of performing the work required by this Agreement. In no event shall payments to the Consultant exceed said Total Price. c. The Consultant acknowledges and agrees that the Fixed Professional Fee is only due and payable for project work for which the County has given notice to proceed and which the Consultant has satisfactorily completed. The Fixed Professional Fee will not be paid for any tasks in the Scope of Work and Cost Summary that the Project Representative does not authorize the Consultant to perform. d. The Consultant acknowledges and agrees that the amount of the Fixed Professional Fee may be adjusted by the County to: (1) Reduce the Fixed Professional Fee associated with Scope of Work that was not authorized by the Project Representative or performed by the Consultant; (2) Reduce the Fixed Professional Fee associated with deletions in the Scope of Work; (3) Increase the Fixed Professional Fee for additional work added to the Scope of Work through an amendment. e. The Fixed Professional Fee shall be paid as follows: (1) The Fixed Professional Fee will be paid monthly in proportion to the project work satisfactorily completed. The proportion of work completed shall be determined by earned value of the deliverables satisfactorily completed. The Cost Summary shall identify the deliverables for payment of the Fixed Professional Fee. (2) A payment for an individual month shall include that portion of the Fixed Professional Fee allocable to the project work satisfactorily completed during said month and not previously paid; and (3) Any portion of the Fixed Professional Fee not previously paid in the monthly payments shall be included in the final payment provided that the Consultant satisfactorily completed the entire scope of work subject to the limitations set forth above.

Fixed Professional Fee (Profit). The County shall pay a Fixed Professional Fee, which amount shall not exceed e ceed a maximum total sum of @ DOLLARS (@) for all work satisfactorily performed per ormed by ConsultantName. a. The Fixed Professional Fee is developed on the Direct Labor Costs. The Consultant acknowledges and agrees that the Fixed Professional Fee does not and shall not include any profit or other markup on Indirect Costs, subconsulting costs or Other Direct Costs. b. The Parties acknowledges and agrees that the Fixed Professional Fee is a fixed amount, which cannot be increased because of any differences between the Total Price and actual costs of performing the work required by this Agreement. In no event shall payments to the Consultant exceed said Total Price. c. The Consultant acknowledges and agrees that the Fixed Professional Fee is only due and payable for project work for which the County has given notice to proceed and which the Consultant has satisfactorily completed. The Fixed Professional Fee will not be paid for any tasks in the Scope of Work and Cost Summary that the Project Representative does not authorize the Consultant to perform. d. The Consultant acknowledges and agrees that the amount of the Fixed Professional Fee may be adjusted by the County to: (1) Reduce the Fixed Professional Fee associated with Scope of Work that was not authorized by the Project Representative or performed by the Consultant; (2) Reduce the Fixed Professional Fee associated with deletions in the Scope of Work; (3) Increase the Fixed Professional Fee for additional work added to the Scope of Work through an amendment. e. The Fixed Professional Fee shall be paid as follows: (1) The Fixed Professional Fee will be paid monthly in proportion to the project work satisfactorily completed. The proportion of work completed shall be determined by earned value of the deliverables satisfactorily completed. The Cost Summary shall identify the deliverables for payment of the Fixed Professional Fee. (2) A payment for an individual month shall include that portion of the Fixed Professional Fee allocable to the project work satisfactorily completed during said month and not previously paid; and (3) Any portion of the Fixed Professional Fee not previously paid in the monthly payments shall be included in the final payment provided that the Consultant satisfactorily completed the entire scope of work subject to the limitations set forth above.

Fixed Professional Fee (Profit). The County shall pay a Fixed Professional Fee, which amount shall not exceed a the maximum total sum of @ DOLLARS specified in Section 1, Agreement Summary (@Prime Fixed Professional Fee) for all work satisfactorily performed by ConsultantName. The County shall pay a Fixed Professional Fee, which amount shall not exceed the maximum total sum specified in Section 1, Agreement Summary (Subconsultants’ Fixed Professional Fee) for all work satisfactorily performed by the subconsultants. a. The Fixed Professional Fee is developed on the Direct Labor Costs. The Consultant acknowledges and agrees that the Fixed Professional Fee does not and shall not include any profit or other markup on Indirect Costs, subconsulting costs or Other Direct Costs. b. The Parties acknowledges and agrees that the Fixed Professional Fee is a fixed amount, which cannot be increased because of any differences between the Total Price and actual costs of performing the work required by this Agreement. In no event shall payments to the Consultant exceed said Total Price. c. The Consultant acknowledges and agrees that the Fixed Professional Fee is only due and payable for project work for which the County has given notice to proceed and which the Consultant has satisfactorily completed. The Fixed Professional Fee will not be paid for any tasks in the Scope of Work and Cost Summary that the Project Representative does not authorize the Consultant to perform. d. The Consultant acknowledges and agrees that the amount of the Fixed Professional Fee may be adjusted by the County to: (1) Reduce the Fixed Professional Fee associated with Scope of Work that was not authorized by the Project Representative or performed by the Consultant; (2) Reduce the Fixed Professional Fee associated with deletions in the Scope of Work; (3) Increase the Fixed Professional Fee for additional work added to the Scope of Work through an amendment. e. The Fixed Professional Fee shall be paid as follows: (1) The Fixed Professional Fee will be paid monthly in proportion to the project work satisfactorily completed. The proportion of work completed shall be determined by earned value of the deliverables satisfactorily completed. The Cost Summary shall identify the deliverables for payment of the Fixed Professional Fee.. DRAFT (2) A payment for an individual month shall include that portion of the Fixed Professional Fee allocable to the project work satisfactorily completed during said month and not previously paid; and (3) Any portion of the Fixed Professional Fee not previously paid in the monthly payments shall be included in the final payment provided that the Consultant satisfactorily completed the entire scope Scope of work Work subject to the limitations set forth above.

Fixed Professional Fee (Profit). The County shall pay a Fixed Professional Fee, which amount shall not exceed a the maximum total sum of @ DOLLARS specified in Section 1, Agreement Summary (@Prime Fixed Professional Fee) for all work satisfactorily performed by ConsultantName. a. The Fixed Professional Fee is developed on the Direct Labor Costs. The Consultant acknowledges and agrees that the Fixed Professional Fee does not and shall not include any profit or other markup on Indirect Costs, subconsulting costs or Other Direct Costs. b. The Parties acknowledges and agrees that the Fixed Professional Fee is a fixed amount, which cannot be increased because of any differences between the Total Price and actual costs of performing the work required by this Agreement. In no event shall payments to the Consultant exceed said Total Price. c. The Consultant acknowledges and agrees that the Fixed Professional Fee is only due and payable for project work for which the County has given notice to proceed and which the Consultant has satisfactorily completed. The Fixed Professional Fee will not be paid for any tasks in the Scope of Work and Cost Summary that the Project Representative does not authorize the Consultant to perform. d. The Consultant acknowledges and agrees that the amount of the Fixed Professional Fee may be adjusted by the County to: (1) Reduce the Fixed Professional Fee associated with Scope of Work that was not authorized by the Project Representative or performed by the Consultant; (2) Reduce the Fixed Professional Fee associated with deletions in the Scope of Work; (3) Increase the Fixed Professional Fee for additional work added to the Scope of Work through an amendment. e. The Fixed Professional Fee shall be paid as follows: (1) The Fixed Professional Fee will be paid monthly in proportion to the project work satisfactorily completed. The proportion of work completed shall be determined by earned value of the deliverables satisfactorily completed. The Exhibit B, Cost Summary shall identify the deliverables for payment of the Fixed Professional Fee. (2) A payment for an individual month shall include that portion of the Fixed Professional Fee allocable to the project work satisfactorily completed during said month and not previously paid; andand DRAFT (3) Any portion of the Fixed Professional Fee not previously paid in the monthly payments shall be included in the final payment provided that the Consultant satisfactorily completed the entire scope Scope of work Work subject to the limitations set forth above.

Fixed Professional Fee (Profit). The County shall pay a Fixed Professional Fee, which amount shall not exceed a maximum total sum of @ DOLLARS (@) @$ for all work satisfactorily performed by ConsultantName. The County shall pay a Fixed Professional Fee, which amount shall not exceed a maximum total sum of @$ for all work satisfactorily performed by the subconsultants. a. The Fixed Professional Fee is developed on the Direct Labor Costs. The Consultant acknowledges and agrees that the Fixed Professional Fee does not and shall not include any profit or other markup on Indirect Costs, subconsulting costs or Other Direct Costs. b. The Parties acknowledges and agrees that the Fixed Professional Fee is a fixed amount, which cannot be increased because of any differences between the Total Price and actual costs of performing the work required by this Agreement. In no event shall payments to the Consultant exceed said Total Price.. Draft c. The Consultant acknowledges and agrees that the Fixed Professional Fee is only due and payable for project work for which the County has given notice to proceed and which the Consultant has satisfactorily completed. The Fixed Professional Fee will not be paid for any tasks in the Scope of Work and Cost Summary that the Project Representative does not authorize the Consultant to perform. d. The Consultant acknowledges and agrees that the amount of the Fixed Professional Fee may be adjusted by the County to: (1) Reduce the Fixed Professional Fee associated with Scope of Work that was not authorized by the Project Representative or performed by the Consultant; (2) Reduce the Fixed Professional Fee associated with deletions in the Scope of Work; (3) Increase the Fixed Professional Fee for additional work added to the Scope of Work through an amendment. e. The Fixed Professional Fee shall be paid as follows: (1) The Fixed Professional Fee will be paid monthly in proportion to the project work satisfactorily completed. The proportion of work completed shall be determined by earned value of the deliverables satisfactorily completed. The Cost Summary shall identify the deliverables for payment of the Fixed Professional Fee. (2) A payment for an individual month shall include that portion of the Fixed Professional Fee allocable to the project work satisfactorily completed during said month and not previously paid; and (3) Any portion of the Fixed Professional Fee not previously paid in the monthly payments shall be included in the final payment provided that the Consultant satisfactorily completed the entire scope Scope of work Work subject to the limitations set forth above.