COMPENSATION AND PAYMENTS. 1.1 The Owner shall pay the Contractor to furnish all labor, equipment, materials and incidentals necessary for the construction of the Work described in the Specifications and shown on the Drawings the Contract Amount as shown below. Base Bid $0.00 Alternate Bid number and name or "no Alternates" $0.00 Alternate Bid number and name or "no Alternates" $0.00 Alternate Bid number and name or "no Alternates" $0.00 Alternate Bid number and name or "no Alternates" $0.00 Alternate Bid number and name or "no Alternates" $0.00
1.2 The Contractor’s requisition shall contain sufficient detail and supporting information for the Owner to evaluate and support the payment requested.
1.2.1 Payments are due and payable twenty-five working days from the date of receipt of a Contractor requisition which is approved by the Owner.
1.2.2 Provisions for late payments are governed by 5 M.R.S. Chapter 144, Payment of Invoices Received from Business Concerns, and interest shall be calculated at 1% per month.
COMPENSATION AND PAYMENTS. 1.1 The Owner shall compensate the Consultant for the work of the Supplemental Agreement described above, the as shown at 1.4 below: Fee Reimbursables Total 1.2 Original Agreement Amount $0.00 $0.00 $0.00
1.3 Agreement Amount prior to this document (unchanged or revised amount) $0.00 $0.00 $0.00 1.4 amount of this Supplemental Agreement $0.00 $0.00 $0.00
1.5 New Agreement Amount caused by this Supplemental Agreement (1.3 + 1.4) $0.00 $0.00 $0.00
COMPENSATION AND PAYMENTS. The Owner shall compensate the Consultant in accordance with the articles of this Agreement.
11.3.8.1 For Services compensation shall be a stipulated sum of Amount in Agreement in Words and No/100 Dollars ($X,XXX,XXX.XX). For Services, compensation shall be on the basis of the hourly rates schedule attached hereto, with a Fixed Maximum not to exceed Amount in Agreement in Words and No/100 Dollars ($X,XXX,XXX.XX). Said schedule shall govern for the duration of this Agreement. The Consultant shall be compensated for services that are included in the Basic Services at a multiple of 1.0 times the amount invoiced.
11.3.8.2 During the course of the Project, payments to the Consultant shall not exceed the following percentages of the total compensation due under the Agreement. When total compensation is Stipulated Sum, payment shall be commensurate with the actual work completed, but not exceeding the phase limit.
COMPENSATION AND PAYMENTS. 1.1 The Contractor shall pay the Subcontractor to perform the subcontract Work described in the Specifications and shown on the Drawings and defined by attachments to this subcontract the Contract Sum of $0.00.
COMPENSATION AND PAYMENTS. 2.1 Contractor’s rates shall not exceed the fees provided in this Agreement and all such rates/fee include all expenses in the performance of the Services. Payments shall be made upon acceptance of deliverables as outlined in this Agreement or in work orders/written directives issued by UBalt. The maximum fee for all services provided under this Agreement shall not exceed the $ , unless modified by an amendment or by Purchase Order, at a later date.
2.2 Payment requests (invoices) shall be submitted electronically to the Accounts Payable Department, 0000 Xxxxx Xxxxxxx Xxxxxx, Baltimore, MD 21201 or at and the Project Manager.
2.3 Payments to the Contractor pursuant to this Purchase Order shall be made no later than thirty (30) days after the University's receipt of a proper invoice from the Contractor. Charges for late payment of invoices, other than as prescribed by Title 15, Subtitle 1, of the State Finance and Procurement Article, Annotated Code of Maryland, or by the Public Service Commission of Maryland with respect to regulated public utilities as applicable, are prohibited.
2.4 The Contractor shall include along with each invoice a summary of work/activities/items delivered/completed during the work period being invoiced. The Contractor shall clearly reference the Purchase Order, Contract number; tax ID number, the type of billing, i.e., the deliverable; and, additional information as may be specifically required elsewhere in this Agreement.
2.5 No invoice will be processed if there is a dispute between UBalt and the Contractor as to the current or cumulative services provided.
2.6 U-bolt’s approval of periodic payments to the Contractor shall not constitute, in any sense, approval or acceptance by UBalt of the Services work performed through the date of the invoice or of the Contractor's assertion of percentage of the Services completed through the date of the invoice.
2.7 It is understood that there is no guarantee of dollar amount of work under this Contract. Payment will be issued on services rendered. Adjustments to payments for non-performance may be taken by the University, as its sole discretion.
2.8 As an independent contractor of UBalt, no withholding of income tax, Social Security or other sums will be made from the payment to the Contractor. Any reimbursables associated with this Agreement shall be in accordance with the Solicitation/RFP and the current USM policy in effect at the time the approved expenses have occurred. All reimbursabl...
COMPENSATION AND PAYMENTS. The Owner shall compensate the Design Professional in accordance with the Articles of this Agreement.
11.3.8.1 For Basic Services compensation shall be a stipulated sum of Amount in Agreement in Words and No/100 Dollars ($X,XXX,XXX.XX). For Basic Services, compensation shall be on the basis of the hourly rates schedule attached hereto with a Fixed Maximum not to exceed Amount in Agreement in Words and No/100 Dollars ($X,XXX,XXX.XX). Said schedule shall govern for the duration of this Agreement. The Design Professional shall be compensated for Consultants services that are included in the Basic Services at a multiple of 1.0 times the amount invoiced.
11.3.8.2 During the course of the Project, payments to the Design Professional shall not exceed the following percentages of the total compensation due under the Agreement. When total compensation is Stipulated Sum, payment shall be commensurate with the actual work completed, but not exceeding the phase limit. Predesign $ - #DIV/0! Schematic Design $ - #DIV/0! Design Development $ - #DIV/0! Construction Documents $ - #DIV/0! Bidding $ - #DIV/0! Construction Phase Services $ - #DIV/0! Record Documents $ - #DIV/0! Other (Describe) $ - #DIV/0!
11.3.8.3 For Reimbursable Expenses, as defined in Article 4, compensation shall not exceed Amount in Agreement in Words and No/100 Dollars ($XXX,XXX.XX). or Zero and No/100 Dollars ($0.00). The breakdown of Reimbursable Expenses are as follows:
COMPENSATION AND PAYMENTS. When using this Agreement with the Standard Department of Education Supplement A complete section 1.1 in that document – do not fill in the form fields in section 1.1 below. The Consultant's Compensation shall not exceed $0.00 and is computed as the sum of Professional Services, and Reimbursable Expenses, as shown below. Professional Services Fee () $0.00 The Professional Services Fee amount includes the sum of the prime Consultant’s and the Subconsultant’s fees. The prime Consultant provides Reimbursable Expenses (sum of estimated items below) $0.00
COMPENSATION AND PAYMENTS. The Consultant's Compensation shall not exceed $0.00 and is computed as the sum of Basic Services, Additional Services and Reimbursable Expenses, as shown below. Basic Services Fee () $0.00 Check box for either Option A or Option B. Option A: The project requires a relatively small scale of Architectural and Engineering services. The Basic Services Fee amount includes the sum of the prime Consultant’s and the Subconsultant’s fees. The prime Consultant provides services.
COMPENSATION AND PAYMENTS. (When using this Agreement with the Standard Department of Education Supplement A complete section 1.1 in that document – do not fill in the form fields in section 1.1 below.)
COMPENSATION AND PAYMENTS. 1.1 The Owner shall pay the Contractor to furnish all labor, equipment, materials and incidentals necessary for the construction of the Work described in the Specifications and shown on the Drawings the Contract Amount as shown below. Base Bid $0.00 Alternate Bid number and name $0.00 Alternate Bid number and name $0.00 Alternate Bid number and name $0.00 Alternate Bid number and name $0.00 Alternate Bid number and name $0.00
1.2 The Contractor’s requisition shall contain sufficient detail and supporting information for the Owner to evaluate and support the payment requested.
1.2.1 Payments are due and payable twenty-five working days from the date of receipt of a Contractor requisition which is approved by the Owner.
1.2.2 Provisions for late payments will be governed by 5 M.R.S. Chapter 144, Payment of Invoices Received from Business Concerns, and interest shall be calculated at 1% per month.
