Common use of Scope of Payment Clause in Contracts

Scope of Payment. The Contractor shall receive and accept compensation provided for in the contract as full payment for furnishing all materials, for performing all work under the contract in a complete and acceptable manner, and for all risk, loss, damage, or expense of whatever character arising out of the nature of the work or the prosecution thereof, subject to the provisions of the subsection titled NO WAIVER OF LEGAL RIGHTS of Section 70. When the "basis of payment" subsection of a technical specification requires that the contract price (price bid) include compensation for certain work or material essential to the item, this same work or material will not also be measured for payment under any other contract item which may appear elsewhere in the contract, plans, or specifications.

Scope of Payment. The Contractor shall receive and accept compensation provided for in the contract Contract as full payment for furnishing all materials, for performing all work Work under the contract Contract in a complete and acceptable manner, and for all risk, loss, damage, or expense of whatever character arising out of the nature of the work Work or the prosecution thereof, subject to the provisions of the subsection titled NO WAIVER OF LEGAL RIGHTS of Section 70. When the "basis of payment" subsection of a technical specification requires that the contract price Contract Sum (or price bid) include compensation for certain work Work or material essential to the item, this same work Work or material will not also be measured for payment under any other contract item Contract Item which may appear elsewhere in the contract, plans, or specificationsContract Documents.