PROFESSIONAL’S COMPENSATION. No individual Project Order fee shall exceed $200,000 and the aggregate total of all fees for all "Project Orders" issued during the Contract Term shall not exceed $1,500,000. The fair and reasonable prices as negotiated by the parties are attached hereto and incorporated herein by reference, as if set forth herein verbatim (“Price Schedule”). The Price Schedule shall be used by the parties Comment [A1]: What number do you want t o use? in determining the cost of each project performed. The Owner shall determine the lump sum amount of each Project Order based on the estimated time required, the marked up hourly rates set forth in the attached Price Schedule and the Scope of Services required. In emergency situations or for investigations or similar work where an estimate of time required cannot reasonably be determined to establish a lump sum fee, the Project Order shall be issued to be paid on an hourly basis per the marked up hourly rates set forth in the attached MOU. Such project orders shall usually include a "maximum" or "not-to-exceed" fee amount. The actual Project Order cost shall be based on the A/E's accounting of its manhours expended on the Project Order, submitted by classification, multiplied by the MOU scheduled classification hourly rates.
PROFESSIONAL’S COMPENSATION. 4.1 Invoices for Services performed under a task order may be submitted to County by City quarterly. Invoices will be due and payable within thirty (30) days after receipt.
PROFESSIONAL’S COMPENSATION. 5.1 In complete compensation for all the Services, the City shall pay to the Professional the compensation set forth in each task order. The Professional’s compensation shall not exceed the sum set forth in the task order, which may be prorated on a daily basis in the event of a termination of this Agreement or a work stoppage ordered by City.
