Common use of Method of Compensation Adjustment Clause in Contracts

Method of Compensation Adjustment. 5.5.6.5.1 During any Fiscal Year period within the term of this Subaward, County, at its sole discretion, has the option of altering the monthly method of compensation/payment from full reimbursement for Services provided to an amount equal to one-twelfth (1/12) of the Subaward Sum allocated for any Fiscal Year under this Subaward. County may pursue this method of compensation if Subrecipient is providing Services to more Clients than anticipated and it appears that the Subaward Sum will be completely depleted before the end of a Fiscal Year. County will provide Subrecipient with at least two (2) weeks advance written notice of its decision to alter the method of compensation.

Appears in 3 contracts

Samples: wdacs.lacounty.gov, wdacs.lacounty.gov, wdacs.lacounty.gov

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Method of Compensation Adjustment. 5.5.6.5.1 5.10.6.6.1 During any Fiscal Year period within the term of this Subaward, County, at its sole discretion, has the option of altering the monthly method of compensation/payment from full reimbursement for Services provided completed to an amount equal to one-twelfth (1/12) of the Maximum Annual Subaward Sum allocated for any Fiscal Year under this Subawardamount per month. County may pursue this method of compensation if Subrecipient is providing Services to more Clients than anticipated and it appears that the Subaward Sum Sums will be completely depleted before the end of a each Fiscal Year. County will provide Subrecipient with at least two (2) weeks advance written notice of its decision to alter the method of compensation.

Appears in 2 contracts

Samples: burbank.granicus.com, wdacs.lacounty.gov

Method of Compensation Adjustment. 5.5.6.5.1 During any Fiscal Year period within the term of this Subaward, County, at its sole discretion, has the option of altering the monthly method of compensation/payment from full reimbursement for Services provided completed to an amount equal to one-twelfth (1/12) of the Maximum Annual Subaward Sum allocated for any Fiscal Year under this Subawardamount per month. County may pursue this method of compensation if Subrecipient is providing Services to more Clients than anticipated and it appears that the Subaward Sum Sums will be completely depleted before the end of a each Fiscal Year. County will provide Subrecipient with at least two (2) weeks advance written notice of its decision to alter the method of compensation.

Appears in 2 contracts

Samples: wdacs.lacounty.gov, wdacs.lacounty.gov

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Method of Compensation Adjustment. 5.5.6.5.1 During any Fiscal Year period within the term of this Subaward, County, at its sole discretion, has the option of altering the monthly method of compensation/payment from full reimbursement for Services provided completed to an amount equal to one-twelfth (1/12) of the Subaward Sum allocated for any Fiscal Year under this Subaward. County may pursue this method of compensation if Subrecipient is providing Services to more Clients than anticipated and it appears that the Subaward Sum will be completely depleted before the end of a Fiscal Year. County will provide Subrecipient with at least two (2) weeks advance written notice of its decision to alter the method of compensation.

Appears in 1 contract

Samples: wdacs.lacounty.gov

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