PROJECT COMPLETION AND PROGRAM PAYMENT TERMS Clause Samples

PROJECT COMPLETION AND PROGRAM PAYMENT TERMS. 9.1 Time and Materials-Based (T&M) Payments (if applicable): Contractor shall ▇▇▇▇ PG&E for that portion of the Budget which PG&E has agreed to pay on a time- and-materials, not-to-exceed basis for each of the Tasks and Deliverables indicated as "T&M Payments" according to the labor rates contained in this MSA. 9.2 Legacy Project Payment Terms: Projects committed or planned, but not installed, shall be governed under the terms described below under Legacy Projects, unless otherwise agreed to in writing. 9.3 Customer Incentive Payments and Direct Installation Reimbursements: The “Gross Participant Cost”, is a Customer co-payment which should not be billed to PG&E which PG&E will not pay. 9.4 Budget Adjustments/Measure Disallowance/Termination. 9.4.1 PG&E reserves the right to: (a) reduce or increase the Budget and its associated savings, (b) shift program funds, or (c) cancel or terminate the CWA with 45 days written notice to Contractor. 9.4.2 PG&E reserves the right to modify any Program requirements that include, but are not limited to, CPUC directives, Program portfolio reviews, Measure energy savings, net-to-gross ratios, energy costs, Measure effective useful life and adjustments to Incentives. Contractor shall make these modifications upon notice from PG&E accordingly. 9.4.3 If PG&E reduces funding, terminates the CWA, or the Program is discontinued, Contractor shall provide a Project(s) status report and PG&E shall reimburse Contractor for all labor and expenses associated with the completion of the Project(s) status report.