Contractor Fee means the fee to be paid by Borrower to Contractor in accordance with the terms of the General Construction Contract.
Contractor Fee. As set forth below in this section and in accordance with the Fee Schedule in Section 4.C, the WSIB will pay Contractor a fee in arrears computed quarterly after provision of services each calendar quarter. The fees paid under this Contract include the payment of or reimbursement for the cost of any meals, refreshments, registration fees, lodging and related conference materials provided at any activities offered by the Contractor pursuant to subparagraph 1.C. supra. Payment will be made no later than thirty days after receipt of a properly submitted and correct invoice for a quarter in which services have been rendered. Total payment under this Contract will not exceed number dollars ($###,000.00). The total amount of the Contract may be revised by amendment, should the number of Project Work Orders exceed anticipated levels or the nature or intensity of the work assigned require it. Changes to the fee structure will only be considered at the time the Contract is extended for an additional period. The WSIB reserves the sole right and discretion to approve or disapprove changes in fees and compensation applicable after the Contract has been extended; provided, however, no such change may affect any open Project Work Order. Contractor will submit an invoice to the WSIB for payment no later than the 20th Business Day of the month immediately following the completion of work on a specific project at the address listed below. Invoices should be directed to: ATTN.: Finance and Administrative Services Director, Washington State Investment Board, P.O. Box 40916, Olympia, WA 98504-0916. Invoices in Adobe Portable Document Format (PDF) may be sent by email to XxxxxxxXxxxxxxx@xxx.xx.xxx.
Contractor Fee means $455,851 which represents approximately three percent (3%) of the amount that is described in the "Total Direct Construction Costs" category of the Project Budget. The Contractor Fee is payable to Contractor in accordance with the terms and provisions of the Construction Contract.
Examples of Contractor Fee in a sentence
In no event shall the payments of amounts to the Applicant or the Developer from the Reserve Account cause the Developer Fee or General Contractor Fee to exceed the applicable percentage limitations provided for in the Rule.
The APEC Secretariat shall make payment on Contractor Fee according to the Milestone Payment Schedule identified above at Clause 1.2 and/or as soon as practicable after approving the Milestone and receiving the appropriate invoices and accompanying supporting documentation from the Contractor.
Otherwise, references in these General Conditions of the Contract to the “Construction Fee” shall mean the Contractor Fee.
CONTRACTOR FEE OR MARK-UP The term "Contractor Fee" or "Mark-up" shall mean the full amount of compensation for all costs and expenses including overhead, profit, bond and insurance not included in the Net Cost of Extra Work.
For Extra Work performed by any Sub-subcontractor, the cost of combined expenses, overhead, profit, bond and insurance of the Contractor, the subcontractor and the lowest Tier of subcontractor shall not exceed twenty-five percent (25%) of the Net Cost of the lowest Tier subcontractor's Extra Work.2. If the Net Cost of Extra Work is greater than $25,000 and less than or equal to $100,000, the Contractor Fee or Mark-up shall be computed as follows:a.
More Definitions of Contractor Fee
Contractor Fee. As set forth below in this section and in accordance with the Fee Schedule (Attachment D), the WSIB shall pay Contractor a fee in arrears after provision of services. The fees paid under this Contract shall include the payment of or reimbursement for the cost of any meals, refreshments, registration fees, lodging and related conference materials provided at any activities offered by the Contractor pursuant to subparagraph 1.B. supra. Payment shall be made no later than thirty days after receipt of a properly submitted and correct invoice for a quarter in which services have been rendered. Total payment under this Contract shall not exceed ($XXX). The total amount of the Contract may be revised by amendment, should the number of Project Work Orders exceed anticipated levels or the nature or intensity of the work assigned require it. Changes to the fee structure will only be considered at time of the Contract is extended for an additional period up to five-years. The WSIB reserves the sole right and discretion to approve or disapprove changes in fees and compensation applicable after the Contract has been extended; provided, however, no such change shall affect any open Project Work Order. Contractor shall submit an invoice to the WSIB for payment no later than the 20th Business Day of the month immediately following the completion of work on a specific project at the address listed below. Invoices shall be sent by email to XxxxxxxXxxxxxxx@xxx.xx.xxx.
Contractor Fee. As set forth below in this section and in accordance with the Fee Schedule in Attachment D, the WSIB shall pay Contractor a fee in arrears computed quarterly after provision of services each calendar quarter. The fees paid under this Contract shall include the payment of or reimbursement for the cost of any meals, refreshments, registration fees, lodging and related conference materials provided at any activities offered by the Contractor pursuant to subparagraph 1.B. supra. Payment shall be made no later than thirty days after receipt of a properly submitted and correct invoice for a quarter in which services have been rendered. Changes to the fee structure will only be considered at the time the Contract is extended for an additional period. The WSIB reserves the sole right and discretion to approve or disapprove changes in fees and compensation applicable after the Contract has been extended. Invoices shall be sent to XxxxxxxXxxxxxxx@xxx.xx.xxx.
Contractor Fee. As set forth below in this section and in accordance with the Fee Schedule in Section 4.C, the WSIB shall pay Contractor a fee in arrears computed quarterly after provision of services each calendar quarter. The fees paid under this Contract shall include the payment of or reimbursement for the cost of any meals, refreshments, registration fees, lodging and related conference materials provided at any activities offered by the Contractor pursuant to subparagraph 1.C. supra. Payment shall be made no later than thirty days after receipt of a properly submitted and correct invoice for a quarter in which services have been rendered. Total payment under this Contract shall not exceed seven hundred and fifty thousand dollars ($750,000). The total amount of the Contract may be revised by amendment, should the number of Project Work Orders exceed anticipated levels or the nature or intensity of the work assigned require it. Changes to the fee structure will only be considered at the time the Contract is extended for an additional period. The WSIB reserves the sole right and discretion to approve or disapprove changes in fees and compensation applicable after the Contract has been extended; provided, however, no such change shall affect any open Project Work Order. Contractor shall submit an invoice to the WSIB for payment no later than the 20th Business Day of the month immediately following the completion of work on a specific project at the address listed below. Invoices shall be directed to: ATTN.: Finance and Administrative Services Director, Washington State Investment Board, X.X. Xxx 00000, Xxxxxxx, XX 00000-0000. Invoices in Adobe Portable Document Format (PDF) may be sent by email to XxxxxxxXxxxxxxx@xxx.xx.xxx.
Contractor Fee is amended as follows: Insert “or Other Infrastructure Services Fee” immediately following “Monthly Custodian Services Fee.” Exhibit B, Section 1. A. is amended by adding the following new subsection:
Contractor Fee is defined in Section 4.01(a).
Contractor Fee means a fee in a cumulative total amount not to exceed One Million Six Hundred Fifty Thousand Dollars ($1,650,000) to be paid by Developer to the Contractor pursuant to the Partnership Agreement and Construction Contract, which fee is compensation to perform and complete, or to engage and supervise others to perform and complete, the construction of the Apartment Complex, the Environmental Remediation, and all other Improvements required to be constructed in connection with the Project, all in accordance with the Scope of Development, the Entitlement, and the approved Development Plans. Payment and disbursement of the Contractor Fee shall be deferred, as provided in the definition of Deferred Contractor Fee and in Section 206, et seq., and pursuant to the Partnership Agreement. Developer represents to Authority that the Contractor Fee does not exceed the amount allowed by the Tax Credit Rules.
Contractor Fee means a fee to be paid by Developer to the Contractor pursuant to the Partnership Agreement and Construction Contract, which fee is compensation to perform and complete, or to engage and supervise others to perform and complete, the construction of each Project and all other on-site and off-site improvements required to be constructed in connection therewith in accordance with the Scope of Development, the land use entitlement as and when approved by City, and the Development Plans, and all other Improvements required to be constructed in connection with the Projects, all in accordance with the Scope of Development, the land use entitlement, and the approved Development Plans. Payment and disbursement of the Contractor Fee shall be postponed, as provided in Section 203, et seq., and pursuant to the Partnership Agreement. The parties acknowledge the amount of the Contractor Fee may increase or decrease in the event the cost of the construction of the Projects and all other on-site and off-site improvements required to be constructed in connection therewith increase or decrease and a change order subject to Authority (City and Agency) approval is issued reflecting such increased or decreased costs; provided, however, Developer represents and warrants to Authority (and City and Agency) that the Contractor Fee shall not exceed the amount allowed pursuant to the Tax Credit Rules. For purposes of determining the number of Housing Units to receive Project Based Section 8 assistance pursuant to Section 310.1(d), Authority shall assume that the Contractor Fee for each Project does not exceed the amount set forth for such fee in the Authority Economic Analysis.