Time and Materials Basis. 2.1 The Total Project Price for this Project is the sum of all the Work, including all applicable taxes, fees, shipping costs, insurance, and bonds and shall not exceed this amount. Contractor will monitor and account for all costs of the Work performed under this Project. Contractor shall notify the Judicial Council at least thirty (30) days in advance if it anticipates that the Work performed under this Project shall reach the Total Project Price.
2.2 The Judicial Council will compensate the Contractor for actual hours worked in performance of the Project at the hourly rates for the named individuals or various individuals working the labor/trade classifications as set forth below:
2.3 The hourly rates include all costs including, but not limited to applicable taxes, duties, wages, indirect costs, general and administrative expense, and profit. The hourly rate will be calculated in tenth-of-an-hour increments for each full six minutes beginning with the designated actual starting time. Overtime rates will not be paid unless overtime work is specifically authorized in advance and in writing by the Judicial Council Project Manager.
2.4 The hourly rates are subject to revisions only by written, mutual agreement of Judicial Council and the Contractor. For invoices, compensation shall be computed by multiplying the appropriate hourly rate prescribed in this Service Work Order by the number of direct labor hours performed.
2.5 All equipment, materials, supplies, and other items that are not part of the hourly rates above must be identified and documented with sufficient detail for review by the Judicial Council. The following items will be priced as follows:
2.6 Contractor must clearly indicate all work that is performed for this Project as a separate line item on the invoice. With respect to transactions for which Contractor may be exempt from any tax or duty, Contractor will indicate its exemption claim within its invoice. Contractor is responsible for accurately tracking and recording the hours and days of the workweek that are worked.
2.7 Contractor’s percentage xxxx up for the Work Performed, and the portion of the Work that is attributable to Subcontractors shall be billed as follows:
Time and Materials Basis. In the event that the Director of Public Works or his/her authorized representative determines that work requested is of an unknown duration, not easily quantified or the CONTRACTOR’s proposal for work is not approved, the Director of Public Works or his/her authorized representative reserves the right to perform such work with other forces or to compel the Contractor to perform the work on a Time and Materials basis. The Director of Public Works or his/her authorized representative may direct Contractor to proceed by allowing him/her to use the following rates or percentages as added costs for the markup of all overhead and profits:
1) Labor………………………… 20
2) Materials……….…………… 15 3) Equipment Rental 15 4) Other Items and Expenditures 15
Time and Materials Basis. Charges for all Services performed on a time and materials basis will be invoiced in accordance to Appendix A, Section 8I of DIR Contract No. DIR-TSO-3826. The rates set forth in a Statement of Work are effective through the end of the period specified in the Statement of Work or, if no such period is specified, through the end of the calendar year in which the Statement of Work is executed, after which CGI may change the applicable rates once every twelve (12) months upon DIR approval.
Time and Materials Basis. Each invoice submitted by Contractor must specify the following: Invoice number and date, Contractor’s name, address, and telephone number, County Work Order number and Contractor’s Master Agreement number, Period of performance of Work being invoiced, Name(s) of person(s) who performed the Work, Copy of the approved not-to-exceed price and/or supplemental Work Order signed by County Project Director, Number of hours being billed for the person(s) and the labor rate(s) as specified in the Work Order; and Total amount of the invoice.
Time and Materials Basis. The fees for Professional Services performed on a time and materials basis shall be stated in Exhibit A of the Agreement or, if not specified in Exhibit A of the Agreement, then pricing shall be set forth in the applicable Ordering Document or Statement of Work. Unless otherwise expressly stated in a Statement of Work, rates are fixed for the term of such Statement of Work.
Time and Materials Basis. The City Costs shall be incurred and accrue on a time and materials basis. The hourly rates for City staff, the City attorney and the City's outside counsel are set forth in the attached Exhibit A, and may be updated from time to time by the City upon thirty (30) days' notice to Developer.
Time and Materials Basis. Nova will perform its obligations set forth in the Program Plan, on a time and materials basis for the estimated amounts and within the estimated timeframes for each Phase as agreed to by the Parties. The payment schedule for the payments by Company to Nova for the Research Phase is set forth in Exhibit C attached hereto. The payment schedule for the remaining Phases shall be agreed to by the Parties prior to the initiation of each Phase. To the extent that prepayments exceed the time and material spent by Nova, such excess funds shall be applied to the next scheduled payment, or, if requested by Company, returned to Company. Nova shall use its reasonable best efforts to complete the specified services and the Deliverables for no more than such amounts and within the timeframes estimated for the applicable Phase or portion thereof. Should Nova determine at any time that it might be necessary to exceed such estimated amounts or estimated time to perform, or should the actual
Time and Materials Basis. 2.2.2.1. If the Work Order is authorized on a Time and Materials Basis, the Time and Materials Price shall be the total of all Hourly Rates and Fixed Price Work indicated herein for the Project.
2.2.2.2. The Judicial Council shall compensate Contractor for the actual hours worked in the performance of the Project at the following Hourly Rates: ☐ See in addition or instead the attached sheet of Hourly Rates, incorporated herein. Hourly Rates shall be calculated in tenth (10th)-of-an-hour increments for each full six (6) minutes beginning with the designated actual starting time and shall be computed for invoices by multiplying the appropriate Hourly Rate by the number of direct labor hours actually performed. Hourly Rates include all costs for the Work including, but not limited to, applicable taxes, duties, wages, indirect costs, general and administrative expense, and profit. Overtime rates will not be paid unless specifically authorized in advance by the Project Manager in writing and as required by law. Hourly Rates may only be revised by written, mutual agreement of the Judicial Council and Contractor.
2.2.2.3. All Fixed Rate Work and/or equipment, materials, supplies, and other items that are not part of the Hourly Rates must be identified and documented with sufficient detail for review by the Judicial Council, and include the following: ☐ See in addition or instead the attached sheet of Fixed Price Work, incorporated herein.
2.2.2.4. Contractor’s percentage mark up for the Work performed, and the portion of the Work that is attributable to Subcontractors shall be billed as follows: ID/IQ Construction Services – Contractor Proposal Page 2
Time and Materials Basis. Should circumstances dictate that Work under a change order be started before agreement is reached on the amount of compensation for the change, the Contracting Officer may direct the Contractor in the change order or in a revision to the change order to proceed with the change on a time and materials basis, and the Contractor shall do so. At the same time, the Contracting Officer shall authorize an additional expenditure by the Authority under the CMR Contract or the applicable Task Order of a not-to-exceed sum for the change in the Work to be performed by the Contractor under the change order. If an agreement is later reached by the Contracting Officer and the Contractor on the amount of compensation for the change in the Work, the agreement shall be formalized in a Contract Modification executed by the Contracting Officer and the Contractor. If no such agreement is later reached, the Contracting Officer shall issue a Contract Modification that is only executed by the Contracting Officer and that reflects an equitable adjustment to the Task Order Price which, among other things, takes into account the costs identified in Sections 12.10.1 through 12.10.3 that the Contractor reasonably incurred to perform the change in the Work, plus xxxx-ups in accordance with Exhibit B; provided, that any such adjustment to the Task Order Price shall not exceed the not-to-exceed sum the Contracting Officer authorized in connection with the change. If the Contractor disagrees with the equitable adjustment set forth in that unilateral Contract Modification, it may pursue a Claim in accordance with Article 29. Following issuance of a change order or a revision to a change order under this Section 12.10 which directs the Contractor to proceed with a change, the Contractor, on a daily basis, shall provide the COTR with separate records for each change being performed on a time and materials basis that demonstrate the costs incurred that day for the change, which will be subject to the Contracting Officer’s approval and audit. Changes done on the basis of time and materials shall be subject to all the requirements of the Contract Documents. The following costs shall be reimbursed for changes performed on a time and materials basis, and the following records shall be provided for the same:
Time and Materials Basis. In the Agreement: means the Company’s standard daily consultancy rates as amended from time to time.
