Common use of METHOD OF COMPENSATION and PAYMENT OPTIONS Clause in Contracts

METHOD OF COMPENSATION and PAYMENT OPTIONS. Contractor shall complete all Services and provide all Deliverables as defined in the Contract. If the applicable compensation is exhausted, but Services and Deliverables are not complete, Contractor shall complete the Services and provide the Deliverables to Agency’s satisfaction without additional compensation. The amount payable under the Contract may be adjusted by Agency or renegotiated to: • Reduce the NTE or Fixed-Price amount associated with tasks/Deliverables that were not authorized by Agency or not performed by Contractor; • Reduce the NTE or Fixed-Price amount commensurate with deductive amendments to reduce the risk associated with the project or to reduce the scope of work required under the Contract; • Increase the NTE or Fixed-Price amount for additional tasks/Deliverables added to the scope of work via amendment to the Contract.

METHOD OF COMPENSATION and PAYMENT OPTIONS. Contractor shall complete all Services and provide all Deliverables as defined in the Contract. If the applicable compensation is exhausted, but Services and Deliverables are not complete, Contractor shall complete the Services and provide the Deliverables to Agency’s satisfaction without additional compensation. The amount payable under the Contract may be adjusted by Agency or renegotiated to: •  Reduce the NTE or Fixed-Price amount associated with tasks/Deliverables that were not authorized by Agency or not performed by Contractor; •  Reduce the NTE or Fixed-Price amount commensurate with deductive amendments to reduce the risk associated with the project or to reduce the scope of work required under the Contract; •  Increase the NTE or Fixed-Price amount for additional tasks/Deliverables added to the scope of work via amendment to the Contract.

METHOD OF COMPENSATION and PAYMENT OPTIONS. Contractor shall complete all Services and provide all Deliverables as defined in the Contract. If the applicable compensation is exhausted, but Services and Deliverables are not complete, Contractor shall complete the Services and provide the Deliverables to Agency’s satisfaction without additional compensation. The amount payable under the Contract may be adjusted by Agency or renegotiated to: • Reduce the NTE or Fixed-Price amount associated with tasks/Deliverables that were not authorized by Agency or not performed by Contractor; • Reduce the NTE or Fixed-Price amount commensurate with deductive amendments to reduce the risk associated with the project or to reduce the scope of work required under the Contract; • Increase the NTE or Fixed-Price amount for additional tasks/Deliverables added to the scope of work via amendment to the Contract.

METHOD OF COMPENSATION and PAYMENT OPTIONS. Contractor shall complete all Services and provide all Deliverables as defined in the Work Order Contract. If the applicable compensation is exhausted, but Services and Deliverables are not complete, Contractor shall complete the Services and provide the Deliverables to Agency’s satisfaction without additional compensation. The amount payable under the Work Order Contract may be adjusted by Agency or renegotiated to: • Reduce the NTE or Fixed-Price amount associated with tasks/Deliverables that were not authorized by Agency or not performed by Contractor; • Reduce the NTE or Fixed-Price amount commensurate with deductive amendments to reduce the risk associated with the project or to reduce the scope Scope of work required under the Work Order Contract; • Increase the NTE or Fixed-Price amount for additional tasks/Deliverables added to the scope Scope of work via amendment to the Work Order Contract.