Common use of Form of Compensation Clause in Contracts

Form of Compensation. ☒ Time and Materials. For performance of the Required Services by Consultant as identified in Section 2.B., above, City shall pay Consultant for the productive hours of time spent by Consultant in the performance of the Required Services, at the rates or amounts as indicated below:

Form of Compensation. ☒ Time and Materials. For performance of the Required Services by Consultant as identified in Section 2.B.2, above, City shall pay Consultant for the productive hours of time spent by Consultant in the performance of the Required Services, at the rates or amounts as indicated below:: As provided on Attachments A & B Consultant acknowledges and agrees that equipment hourly rates shall only be compensable for productive hours at the location of work. Consultant acknowledges and agrees that travel time for equipment shall not be compensable.