Time-Based Contract Sample Clauses

Time-Based Contract. (With Price Agreement) These contracts are used when the Accounting Officer or the municipality needs to have "on call" specialized services to provide advice on a particular activity, the extent and timing of which cannot be defined in advance. These are commonly used to retain "advisers" for implementation of complex projects, expert adjudicators to serve on dispute resolution panels, advice on complex procurement, etcetera. These appointments would normally be for a period of a year and generally not exceed three years.
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Time-Based Contract. This type of contract is appropriate when it is difficult to define the scope and the length of services, either because the services are related to activities by others for which the completion period may vary, or because the input of the consultant or contractor required to attain the objectives of the assignment is difficult to assess. This type of contract is widely used for complex studies, supervision of construction activities, advisory services, and most training assignments. Payments are based on agreed hourly, daily, weekly, or monthly rates for staff (who are normally named in the contract) and on reimbursable items using actual expenses and / or agreed unit prices. The rates for staff include salary, social costs, overheads, fees and, where appropriate, special allowances. This type of contract should include a maximum amount of total payments to be made to the consultants. This ceiling amount may include a contingency allowance for unforeseen work and duration and provision for price adjustments, where appropriate. Time-based contracts need to be closely monitored and administered to ensure that the assignment is progressing satisfactorily, and payments claimed by the consultants are valid and in terms of the contract. Guidelines on fees for Consultants issued by the Department of Public Service and Administration, as well as any other accredited and recognized associations or bodies (e.g. AG, ECSA, Law Society, SAICA etcetera.) should be used as a basis to establish whether the fees proposed are reasonable and market related.
Time-Based Contract. This type of contract is appropriate when it is difficult to define the scope and the length of services, either because the services are related to activities by others for which the completion period may vary, or because the input of the consultants required to attain the objectives of the assignment is difficult to assess. This type of contract is widely used for complex studies, supervision of construction, advisory services, and most training assignments. Payments are based on agreed hourly, daily, weekly, or monthly rates for staff (who are normally named in the contract) and on reimbursable items using actual expenses and/or agreed unit prices. The rates for staff include salary, social costs, overheads, fees (or profit), and, where appropriate, special allowances. This type of contract should include a maximum amount of total payments to be made to the consultants. This ceiling amount should include a contingency allowance for unforeseen work and duration and provision for price adjustments, where appropriate. Time-based contracts need to be closely monitored and administered to ensure that the assignment is progressing satisfactorily and payments claimed by the consultants are appropriate. Again the Guidelines on fees for Consultants issued by the Department of Public Service and Administration should be used as a benchmark to establish the appropriate tariffs, or to determine the reasonableness of the tariffs.
Time-Based Contract. This type of contract is appropriate when it is difficult to define or fix the scope and the duration of the services, either because they are related to activities carried out by others for which the completion period may vary, or because the input of the consultants required for attaining the objectives of the assignment is difficult to assess. In time-based contracts the Consultant provides services on a timed basis according to quality specifications, and Consultant's remuneration is determined on the basis of the time actually spent by the Consultant in carrying out the Services and is based on (i) agreed upon unit rates for the Consultant's experts multiplied by the actual time spent by the experts in executing the assignment, and (ii) reimbursable expenses using actual expenses and/or agreed unit prices. This type of contract requires the Procuring Entity to closely supervise the Consultant and to be involved in the daily execution of the assignment.
Time-Based Contract. This type of contract is appropriate when it is difficult to define or fix the scope and the duration of the services, either because they are related to activities carried out by others for which thecompletion period may vary, or because the input of the tenderers required for attaining the objectives ofthe assignment is difficult to assess. In time-based contracts the Tenderer provides services on a timed basis according to quality specifications, and Xxxxxxxx's remuneration is determined on the basis of the time actually spent by the Tenderer in carrying out the Services and is based on (i) agreed upon unit rates for the Tenderer's experts multiplied by the actual time spent by the experts in executing the assignment, and

Related to Time-Based Contract

  • Grouping of contracts To the extent practicable, contracts for goods shall be grouped in bid packages estimated to cost $100,000 equivalent or more each.

  • TIME OF CONTRACT This Contract shall commence on , and shall terminate on . Certificate(s) of Insurance must be current on day Contract commences and if scheduled to lapse prior to termination date, must be automatically updated before final payment may be made to Contractor. The final invoice must be submitted within 30 days of completion of the stated scope of services.

  • Conditions for Award of Contract 7. The Borrower shall not award any Works contract which involves environmental impacts until:

  • REFERENCED CONTRACT PROVISIONS Term provision and Maximum ObligationAmount Not to Exceed provision, of the Contract are deleted in their entirety and replaced with the following: “Term: July 1, 2020 through June 30, 20232025 Period One means the period from July 1, 2020 through June 30, 2021 Period Two means the period from July 1, 2021 through June 30, 2022 Period Three means the period from July 1, 2022 through June 30, 2023 Period Four means the period from July 1, 2023 through June 30, 2024 Period Five means the period from July 1, 2024 through June 30, 2025 “Amount Not To Exceed: Period One Amount Not To Exceed: $ 2,714,051 Period Two Amount Not To Exceed: 2,737,482 Period Three Amount Not To Exceed : 2,927,515 Period Four Amount Not To Exceed: 3,091,610 Period Five Amount Not To Exceed 3,261,049 TOTAL AMOUNT NOT TO EXCEED: $ 8,379,048$ 14,731,707”

  • Selection Based on Consultants’ Qualifications Services estimated to cost less than $100,000 equivalent per contract may be procured under contracts awarded in accordance with the provisions of paragraphs 3.1, 3.7 and 3.8 of the Consultant Guidelines.

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