Common use of Payment Methodology Clause in Contracts

Payment Methodology. The Contractor shall be compensated based on the Service Rates herein for units of service authorized by the Institution in a total amount not to exceed the Contract Maximum Liability established in Section C.1. The Contractor’s compensation shall be contingent upon the satisfactory completion of units of service or project milestones listed below. The Contractor shall be compensated based upon the following Service Rates: SERVICE UNIT/MILESTONE [DUE DATE] AMOU NT [SERVICE UNIT/MILESTONE EVENT] $[NUMBER AMOUNT] [SERVICE UNIT/MILESTONE EVENT] $[NUMBER AMOUNT] The Contractor shall submit monthly invoices, in form and substance acceptable to the Institution with all of the necessary supporting documentation, prior to any payment. Such invoices shall be submitted for completed units of service or project milestones for the amount stipulated.

Payment Methodology. The Contractor shall be compensated based on the Service Rates herein for units of service authorized by the Institution in a total amount not to exceed the Contract Maximum Liability established in Section C.1. The Contractor’s compensation shall be contingent upon the satisfactory completion of units of service or project milestones listed below. The Contractor shall be compensated based upon the following Service Rates: SERVICE UNIT/MILESTONE [DUE DATE] AMOU NT AMOUNT [SERVICE UNIT/MILESTONE EVENT] $[NUMBER AMOUNT] [SERVICE UNIT/MILESTONE EVENT] $[NUMBER AMOUNT] The Contractor shall submit monthly invoices, in form and substance acceptable to the Institution with all of the necessary supporting documentation, prior to any payment. Such invoices shall be submitted for completed units of service or project milestones for the amount stipulated.

Payment Methodology. The Contractor shall be compensated based on the Service Rates herein for units of service authorized by the Institution in a total amount not to exceed the Contract Maximum Liability established in Section C.1. The Contractor’s compensation shall be contingent upon the satisfactory completion of units of service or project milestones listed below. The Contractor shall be compensated based upon the following Service Rates: SERVICE UNIT/MILESTONE [DUE DATE] AMOU NT DATE AMOUNT [SERVICE UNIT/MILESTONE EVENT] $[NUMBER AMOUNT] [SERVICE UNIT/MILESTONE EVENT] $[NUMBER AMOUNT] The Contractor shall submit monthly invoicesinvoice(s), in form and substance acceptable to the Institution with all of the necessary supporting documentation, prior to any payment. Such invoices invoice(s) shall be submitted for completed units of service or project milestones for the amount stipulated.