Common use of Time & Materials Clause in Contracts

Time & Materials. If time and materials is the basis of compensation, then the amount in Column 4 is a “not-to-exceed” or maximum amount. Any hours worked for which payment would result in a total exceeding the amount in Column 4 is at no cost to the City. If the Consultant completes the task(s) for less than the amount set forth in Column 4, the Director (in the Director’s sole discretion) may use the cost savings to increase the budget of another task. The Director must authorize such reallocation of cost savings in writing.

Appears in 105 contracts

Samples: José Consultant Agreement, José Consultant Agreement, Consultant Agreement

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Time & Materials. If time and materials is the basis of compensation, then the amount in Column 4 is a “not-to-exceed” or maximum amount. Any hours worked for which payment would result in a total exceeding the amount in Column 4 is at no cost to the City. If the Consultant Vendor completes the task(s) for less than the amount set forth in Column 4, the Director City Attorney (in the DirectorCity Attorney’s sole discretion) may use the cost savings to increase the budget of another task. The Director City Attorney must authorize such reallocation of cost savings in writing.

Appears in 1 contract

Samples: Vendor Agreement

Time & Materials. If time and materials is the basis of compensation, then the amount in Column 4 is a "not-to-exceed" or maximum amount. Any hours worked for which payment would result in a total exceeding the amount in Column 4 is at no cost to the City. If the Consultant completes the task(s) for less than the amount set forth in Column 4, the Director (in the Director’s 's sole discretion) may use the cost savings to increase the budget of another task. The Director must authorize such reallocation of cost savings in writing.

Appears in 1 contract

Samples: Master Agreement

Time & Materials. If time and materials is the basis of compensation, then the amount in Column 4 is a “not-to-exceed” or maximum amount. Any hours worked for which payment would result in a total exceeding the amount in Column 4 is at no cost to the City. Once the maximum amount has been reached Consultant will cease working on such task until maximum amount has been supplemented. If the Consultant completes the task(s) for less than the amount set forth in Column 4, the Director (in the Director’s sole discretion) may use the cost savings to increase the budget of another task. The Director must authorize such reallocation of cost savings in writing.

Appears in 1 contract

Samples: José Consultant Agreement

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Time & Materials. If time and materials is the basis of compensation, then the amount in Column 4 is a “not-to-exceed” or maximum amount. Any hours worked for which payment would result in a total exceeding the amount in Column 4 is at no cost to the City. If the Consultant SCCOE completes the task(s) for less than the amount set forth in Column 4, the Director (in the Director’s sole discretion) may use the cost savings to increase the budget of another task. The Director must authorize such reallocation of cost savings in writing.

Appears in 1 contract

Samples: José Sccoe Agreement

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