Common use of Payments/Compensation Clause in Contracts

Payments/Compensation. The Parties agree that this will be a cost reimbursement Agreement based upon quarterly invoicing for periods ending in September, December, March and June. The City’s payment for the Work or for any modifications of such Work shall not exceed $218,591 unless this Agreement is amended through action of the City Council. The City shall pay the University for actual cost incurred and for the Work completed as follows: Payment shall be for the percentage completion of the tasks performed and for a maximum amount for certain reimbursable expenses, all as shown in Exhibit A.1. Payment for tasks performed and associated expenses shall not exceed the amounts for completion of each individual task as shown on Exhibit A.1 unless the tasks are modified as described hereafter. Modifications that alter the tasks by redistributing the amount of work, and/or compensation for such work, within or amongst the tasks or subtasks may be made in writing by the Project Manager or Transportation Planning Manager and shall be mutually agreed to by University. The City shall not be obligated to pay the University any payments, fees, expenses, or compensation other than those authorized by this section and shown in Exhibit A.1. Actual effort expended on the Work will be reported at the University in accordance with the University’s approved effort reporting system.

Payments/Compensation. The Parties agree that this will be a cost reimbursement Agreement based upon quarterly invoicing for periods ending in September, December, March and June. The City’s payment for the Work or for any modifications of such Work shall not exceed $218,591 136,982 unless this Agreement is amended through action of the City Council. The City shall pay the University for actual cost incurred and for the Work completed as follows: Payment shall be for the percentage completion of the tasks performed and for a maximum amount for certain reimbursable expenses, all as shown in Exhibit A.1. Payment for tasks performed and associated expenses shall not exceed the amounts for completion of each individual task as shown on Exhibit A.1 unless the tasks are modified as described hereafter. Modifications that alter the tasks by redistributing the amount of work, and/or compensation for such work, within or amongst the tasks or subtasks may be made in writing by the Project Manager or Transportation Planning Manager and shall be mutually agreed to by University. The City shall not be obligated to pay the University any payments, fees, expenses, or compensation other than those authorized by this section and shown in Exhibit A.1. Actual effort expended on the Work will be reported at the University in accordance with the University’s approved effort reporting system.

Payments/Compensation. The Parties agree that this will be a cost reimbursement Agreement based upon quarterly invoicing for periods ending in September, December, March and June. The City’s payment for the Work or for any modifications of such Work shall not exceed $218,591 119,188, unless this Agreement is amended through action of the City Council. The City shall pay the University for actual cost incurred and for the Work completed as follows: Payment shall be for the percentage completion of the tasks performed and for a maximum amount for certain reimbursable expenses, all as shown in Exhibit A.1. Payment for tasks performed and associated expenses shall not exceed the amounts for completion of each individual task as shown on Exhibit A.1 unless the tasks are modified as described hereafter. Modifications that alter the tasks by redistributing the amount of work, and/or compensation for such work, within or amongst the tasks or subtasks may be made in writing by the Project Manager or Transportation Planning Manager and shall be mutually agreed to by University. The City shall not be obligated to pay the University any payments, fees, expenses, or compensation other than those authorized by this section and shown in Exhibit A.1. Actual effort expended on the Work will be reported at the University in accordance with the University’s approved effort reporting system.

Payments/Compensation. The Parties agree that this will be a cost reimbursement Agreement based upon quarterly invoicing for periods ending in September, December, March and June. The City’s payment for the Work or for any modifications of such Work shall not exceed $218,591 126,589 unless this Agreement is amended through action of the City Council. The City shall pay the University for actual cost incurred and for the Work completed as follows: Payment shall be for the percentage completion of the tasks performed and for a maximum amount for certain reimbursable expenses, all as shown in Exhibit A.1. Payment for tasks performed and associated expenses shall not exceed the amounts for completion of each individual task as shown on Exhibit A.1 unless the tasks are modified as described hereafter. Modifications that alter the tasks by redistributing the amount of work, and/or compensation for such work, within or amongst the tasks or subtasks may be made in writing by the Project Manager or Transportation Planning Manager and shall be mutually agreed to by University. The City shall not be obligated to pay the University any payments, fees, expenses, or compensation other than those authorized by this section and shown in Exhibit A.1. Actual effort expended on the Work will be reported at the University in accordance with the University’s approved effort reporting system.

Payments/Compensation. The Parties agree that this will be a cost reimbursement Agreement based upon quarterly invoicing for periods ending in September, December, March and June. The City’s payment for the Work or for any modifications of such Work shall not exceed $218,591 121,016, unless this Agreement is amended through action of the City Council. The City shall pay the University for actual cost incurred and for the Work completed as follows: Payment shall be for the percentage completion of the tasks performed and for a maximum amount for certain reimbursable expenses, all as shown in Exhibit A.1. Payment for tasks performed and associated expenses shall not exceed the amounts for completion of each individual task as shown on Exhibit A.1 unless the tasks are modified as described hereafter. Modifications that alter the tasks by redistributing the amount of work, and/or compensation for such work, within or amongst the tasks or subtasks may be made in writing by the Project Manager or Transportation Planning Manager and shall be mutually agreed to by University. The City shall not be obligated to pay the University any payments, fees, expenses, or compensation other than those authorized by this section and shown in Exhibit A.1. Actual effort expended on the Work will be reported at the University in accordance with the University’s approved effort reporting system.