Common use of Project Price and Payment Provisions Clause in Contracts

Project Price and Payment Provisions. 1.1. In consideration of the foregoing covenants, promises, and agreements, Contractor offers, in the amount stated below, to perform the Project Scope of Work according to the Contract Documents. Judicial Council covenants, promises, and agrees that it will pay and cause to be paid to Contractor in full, and as the Project Price the following amount(s): 1.2. The Judicial Council shall pay the Contractor the Total Project Price pursuant to the provisions herein and Exhibit B (“Payment Method”) which is attached hereto and incorporated herein. 1.3. The Total Project Price set forth in this Service Work Order shall be full compensation for all of Contractor’s Work incurred in the performance of this Service Work Order as indicated in the Payment Provisions. 1.4. Judicial Council shall pay Contractor the Total Project Price pursuant to the Payment Provisions, attached hereto and incorporated herein as Exhibit C to this Service Work Order (“Payment Provisions”). Contractor shall xxxx its work under this Service Work Order in accordance with the Payment Provisions. 1.5. No increase in the Total Project Price will be due from change orders generated during the construction period to the extent caused by Contractor’s error or omission. 1.6. Regardless of the structure of the Total Project Price and Method of Payment, the Project Price will be adjusted downward if the Scope of Work of this Project is reduced by the Judicial Council in accordance with the Contract. Judicial Council shall pay for Work authorized and performed prior to the notice to Contractor of a reduction as indicated here. 1.7. The Judicial Council's payments to Contractor pursuant to this section shall constitute full compensation for all of Contractor's time, materials, costs and expenses incurred in the performance of the authorized Scope of Work.

Project Price and Payment Provisions. 1.1. In consideration of the foregoing covenants, promises, and agreements, Contractor offers, in the amount stated below, to perform the Project Scope of Work according to the Contract Documents. Judicial Council covenants, promises, and agrees that it will pay and cause to be paid to Contractor in full, and as the Project Price the following amount(s): 1.2. The Judicial Council shall pay the Contractor the Total Project Price pursuant to the provisions herein and Exhibit B (“Payment Method”) which is attached hereto and incorporated herein. 1.3. The Total Project Price set forth in this Service Work Order shall be full compensation for all of Contractor’s Work incurred in the performance of this Service Work Order as indicated in the Payment Provisions. 1.4. Judicial Council shall pay Contractor the Total Project Price pursuant to the Payment Provisions, attached hereto and incorporated herein as Exhibit C to this Service Work Order (“Payment Provisions”). Contractor shall xxxx bill its work under this Service Work Order in accordance with the Payment Provisions. 1.5. No increase in the Total Project Price will be due from change orders generated during the construction period to the extent caused by Contractor’s error or omission, including any error or omission from Contractor’s design professional. 1.6. Regardless of the structure of the Total Project Price and Method of Payment, the Project Price will be adjusted downward if the Scope of Work of this Project is reduced by the Judicial Council in accordance with the Contract. Judicial Council shall pay for Work authorized and performed prior to the notice to Contractor of a reduction as indicated here. 1.7. The Judicial Council's payments to Contractor pursuant to this section shall constitute full compensation for all of Contractor's time, materials, costs and expenses incurred in the performance of the authorized Scope of Work.