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

METHODS OF COMPENSATION and PAYMENT OPTIONS. Agency will determine, in its discretion, Work Order Contract (WOC) payment methodology which may be based on any one or a combination of the following: Option (a): CPFF; Option (b): Fixed Price; Option (c): T&M; Option (d): Price Per Unit Assigned WOCs will identify the method(s) of compensation and progress payment option for each WOC, phase of Services or project phase. Consultant shall complete all Services and provide all deliverables as defined in the WOC. If the applicable compensation is exhausted, but Services and deliverables are not complete, Consultant shall complete the Services and provide the deliverables to Agency’s satisfaction without additional compensation. The amount payable under a WOC may be adjusted by Agency or renegotiated to: Reduce the NTE, Fixed-Price or Fixed-Fee amount associated with WOC Tasks/deliverables that were not authorized by Agency or not performed by Consultant; Reduce the NTE, Fixed-Price or Fixed-Fee amount commensurate with deductive amendments to reduce the risk associated with the project or to reduce the scope of work required under the WOC; Increase the NTE, Fixed-Price or Fixed-Fee amount for additional Tasks/deliverables added to the SOW via amendment to the WOC.

METHODS OF COMPENSATION and PAYMENT OPTIONS. Agency will determine, in its discretion, Work Order Contract (WOC) payment methodology which may be based on any one or a combination of the following:  Option (a): CPFF;  Option (b): Fixed Price;  Option (c): T&M;  Option (d): Price Per Unit Assigned WOCs will identify the method(s) of compensation and progress payment option for each WOC, phase of Services or project phase. Consultant shall complete all Services and provide all deliverables as defined in the WOC. If the applicable compensation is exhausted, but Services and deliverables are not complete, Consultant shall complete the Services and provide the deliverables to Agency’s satisfaction without additional compensation. The amount payable under a WOC may be adjusted by Agency or renegotiated to:  Reduce the NTE, Fixed-Price or Fixed-Fee amount associated with WOC Tasks/deliverables that were not authorized by Agency or not performed by Consultant;  Reduce the NTE, Fixed-Price or Fixed-Fee amount commensurate with deductive amendments to reduce the risk associated with the project or to reduce the scope of work required under the WOC;  Increase the NTE, Fixed-Price or Fixed-Fee amount for additional Tasks/deliverables added to the SOW Services via amendment to the WOC, subject to the conditions and limitations set forth in the PA terms and conditions Part II, Section 25.

METHODS OF COMPENSATION and PAYMENT OPTIONS. Agency will determine, in its discretion, Work Order Contract (WOC) payment methodology which may be based on any one or a combination of the following:  Option (a): CPFFFixed Price;  Option (b): Fixed Price; Option (c): T&M; Option (d): Price Per Unit Assigned WOCs will identify the method(s) of compensation and progress payment option for each WOC, phase of Services or project phase. Consultant shall complete all Services and provide all deliverables as defined in the WOC. If the applicable compensation is exhausted, but Services and deliverables are not complete, Consultant shall complete the Services and provide the deliverables to Agency’s satisfaction without additional compensation. The amount payable under a WOC may be adjusted by Agency or renegotiated to: • Reduce the NTE, Fixed-Price or Fixed-Fee amount associated with WOC Tasks/deliverables that were not authorized by Agency or not performed by Consultant; • Reduce the NTE, Fixed-Price or Fixed-Fee amount commensurate with deductive amendments to reduce the risk associated with the project or to reduce the scope of work required under the WOC; • Increase the NTE, Fixed-Price or Fixed-Fee amount for additional Tasks/deliverables added to the SOW via amendment to the WOC.