Common use of Maximum Compensation Clause in Contracts

Maximum Compensation. The total compensation for all services performed pursuant to this Agreement shall not exceed the sum of TWO MILLION EIGHT HUNDRED EIGHTY-EIGHT THOUSAND ONE HUNDRED SEVENTY-SIX AND NO/100 Dollars ($2,888,176.00). Contractor acknowledges that the Commission is under no obligation to compensate Contractor for services rendered or expenses accrued under this Agreement in excess of the maximum compensation specified above. It shall be the responsibility of the Contractor to monitor its activities to ensure that the scope of services specified in Contract Attachment No. 2 (Specifications/Scope of Work) may be completed and no charges accrued in excess of the maximum compensation during the term of this Agreement. In the event that the work required cannot be completed within the amount specified, or it appears that the maximum compensation provided may be exceeded before the term of the Agreement expires, Contractor shall promptly notify the Commission. Further, the Commission may cancel the Agreement, without cause, by written notice to the Contractor at any time during the term of the Agreement, or any extension thereto, in the event that the Commission and/or the Housing Authority of the City of San Diego (“Housing Authority”) fails to appropriate funds for the rendition of services set forth in this Agreement. This right to cancel is in addition to the rights of the Commission to terminate the Agreement as set forth in Section 214 of this Agreement.

Maximum Compensation. The total compensation for all services performed pursuant to this Agreement shall not exceed the sum of TWO ONE MILLION EIGHT THREE HUNDRED THIRTY FIVE THOUSAND NINE HUNDRED EIGHTY-EIGHT THOUSAND ONE HUNDRED SEVENTY-SIX FOUR AND NO/100 Dollars ($2,888,176.001,335,984.00). Contractor acknowledges that the Commission is under no obligation to compensate Contractor for services rendered or expenses accrued under this Agreement in excess of the maximum compensation specified above. It shall be the responsibility of the Contractor to monitor its activities to ensure that the scope of services specified in Contract Attachment No. 2 (Specifications/Scope of Work) may be completed and no charges accrued in excess of the maximum compensation during the term of this Agreement. In the event that the work required cannot be completed within the amount specified, or it appears that the maximum compensation provided may be exceeded before the term of the Agreement expires, Contractor shall promptly notify the Commission. Further, the Commission may cancel the Agreement, without cause, by written notice to the Contractor at any time during the term of the Agreement, or any extension thereto, in the event that the Commission and/or the Housing Authority of the City of San Diego (“Housing Authority”) fails to appropriate funds for the rendition of services set forth in this Agreement. This right to cancel is in addition to the rights of the Commission to terminate the Agreement as set forth in Section 214 of this Agreement.

Maximum Compensation. The total compensation for all services performed pursuant to this Agreement shall not exceed the sum of TWO ONE MILLION EIGHT HUNDRED NINTY-THREE THOUSAND TWO HUNDRED EIGHTY-EIGHT THOUSAND ONE HUNDRED SEVENTY-SIX AND NO/100 Dollars ($2,888,176.001,893,286.00). Contractor acknowledges that the Commission is under no obligation to compensate Contractor for services rendered or expenses accrued under this Agreement in excess of the maximum compensation specified above. It shall be the responsibility of the Contractor to monitor its activities to ensure that the scope of services specified in Contract Attachment No. 2 (Specifications/Scope of Work) may be completed and no charges accrued in excess of the maximum compensation during the term of this Agreement. In the event that the work required cannot be completed within the amount specified, or it appears that the maximum compensation provided may be exceeded before the term of the Agreement expires, Contractor shall promptly notify the Commission. Further, the Commission may cancel the Agreement, without cause, by written notice to the Contractor at any time during the term of the Agreement, or any extension thereto, in the event that the Commission and/or the Housing Authority of the City of San Diego (“Housing Authority”) fails to appropriate funds for the rendition of services set forth in this Agreement. This right to cancel is in addition to the rights of the Commission to terminate the Agreement as set forth in Section 214 of this Agreement.

Maximum Compensation. The total compensation for all services performed pursuant to this Agreement shall be paid as set forth in Contract Attachment No. 3 and shall not exceed the sum of SEVEN HUNDRED TWO MILLION EIGHT HUNDRED EIGHTY-EIGHT THOUSAND ONE HUNDRED SEVENTY-SIX AND NO/100 Dollars DOLLARS ($2,888,176.00702,000.00). Contractor acknowledges that the Commission is under no obligation to compensate Contractor for services rendered or expenses accrued under this Agreement in excess of the maximum compensation specified above. It shall be the responsibility of the Contractor to monitor its activities to ensure that the scope of services specified in Contract Attachment No. 2 (Specifications/Scope of Work) may be completed and no charges accrued in excess of the maximum compensation during the term of this Agreement. In the event that the work required cannot be completed within the amount specified, or it appears that the maximum compensation provided may be exceeded before the term of the Agreement expires, Contractor shall promptly notify the Commission. Further, the Commission may cancel the Agreement, without cause, by written notice to the Contractor at any time during the term of the Agreement, or any extension thereto, in the event that the Commission and/or the Housing Authority of the City of San Diego (“Housing Authority”) fails to appropriate funds for the rendition of services set forth in this Agreement. This right to cancel is in addition to the rights of the Commission to terminate the Agreement as set forth in Section 214 of this Agreement.

Maximum Compensation. The total compensation for all services performed pursuant to this Agreement shall not exceed the sum of TWO MILLION EIGHT HUNDRED EIGHTY-EIGHT THOUSAND ONE HUNDRED SEVENTY-SIX DOLLARS AND NO/100 Dollars NO CENTS ($2,888,176.00)200,000) for the term of the Agreement, unless extended by action of the Commission and/or the Housing Authority of the City of San Diego. Contractor acknowledges that the Commission is under no obligation to compensate Contractor for services rendered or expenses accrued under this Agreement in excess of the maximum compensation specified above. It shall be the responsibility of the Contractor to monitor its activities to ensure that the scope of services specified in Contract Attachment No. 2 (Specifications/Scope of Work) may be completed and no charges accrued in excess of the maximum compensation during the term of this Agreement. In the event that the work required cannot be completed within the amount specified, or it appears that the maximum compensation provided may be exceeded before the term of the Agreement expires, Contractor shall promptly notify the Commission. Further, the Commission may cancel the Agreement, without cause, by written notice to the Contractor at any time during the term of the Agreement, or any extension thereto, in the event that the Commission and/or the Housing Authority of the City of San Diego (“Housing Authority”) fails to appropriate funds for the rendition of services set forth in this Agreement. This right to cancel is in addition to the rights of the Commission to terminate the Agreement as set forth in Section 214 of this Agreement.

Maximum Compensation. The total compensation for all services performed pursuant to this Agreement shall not exceed the sum of TWO MILLION EIGHT SEVEN HUNDRED EIGHTY-EIGHT FIFTY THOUSAND ONE HUNDRED SEVENTY-SIX AND NO/100 Dollars DOLLARS ($2,888,176.00)750,000.00) consisting of the following funding sources: $200,000.00 of Housing Commission funds; $187,184.00 of Community Development Block Grant (“CDBG”) funds allocated by the City of San Diego for the funding of social services in Fiscal Year 2013; and, $362,816.00 of Emergency Shelter Grant (“ESG”) funds available for the funding of social services in Fiscal Year 2013. Contractor acknowledges that the Commission is under no obligation to compensate Contractor for services rendered or expenses accrued under this Agreement in excess of the maximum compensation specified above. It shall be the responsibility of the Contractor to monitor its activities to ensure that the scope of services specified in Contract Attachment No. 2 (Specifications/Scope of Work) may be completed and no charges accrued in excess of the maximum compensation during the term of this Agreement. In the event that the work required cannot be completed within the amount specified, or it appears that the maximum compensation provided may be exceeded before the term of the Agreement expires, Contractor shall promptly notify the Commission. Further, the Commission may cancel the Agreement, without cause, by written notice to the Contractor at any time during the term of the Agreement, or any extension thereto, in the event that the Commission and/or the Housing Authority of the City of San Diego (“Housing Authority”) fails to appropriate funds for the rendition of services set forth in this Agreement. This right to cancel is in addition to the rights of the Commission to terminate the Agreement as set forth in Section 214 of this Agreement.

Maximum Compensation. The total compensation for all services performed pursuant to this Agreement shall not exceed the sum of TWO MILLION EIGHT HUNDRED EIGHTY-EIGHT FIFTY THOUSAND ONE HUNDRED SEVENTY-SIX DOLLARS AND NO/100 Dollars NO CENTS ($2,888,176.00)250,000) for the term of the Agreement, unless extended by action of the Commission and/or the Housing Authority of the City of San Diego. Contractor acknowledges that the Commission is under no obligation to compensate Contractor for services rendered or expenses accrued under this Agreement in excess of the maximum compensation specified above. It shall be the responsibility of the Contractor to monitor its activities to ensure that the scope of services specified in Contract Attachment No. 2 (Specifications/Scope of Work) may be completed and no charges accrued in excess of the maximum compensation during the term of this Agreement. In the event that the work required cannot be completed within the amount specified, or it appears that the maximum compensation provided may be exceeded before the term of the Agreement expires, Contractor shall promptly notify the Commission. Further, the Commission may cancel the Agreement, without cause, by written notice to the Contractor at any time during the term of the Agreement, or any extension thereto, in the event that the Commission and/or the Housing Authority of the City of San Diego (“Housing Authority”) fails to appropriate funds for the rendition of services set forth in this Agreement. This right to cancel is in addition to the rights of the Commission to terminate the Agreement as set forth in Section 214 of this Agreement.