Contractor’s Compensation definition
Examples of Contractor’s Compensation in a sentence
If Contractor fails to notify Customer that they have received the annually allocated two (2) Collection events, Contractor shall provide the service and is not entitled to additional Contractor’s Compensation from Customer or Agency for a third or subsequent On-Call Bulky Item Collection Service event.
If the need to use the alternative Processing Facility is discretionary or for reasons within Contractor’s reasonable control, Contractor’s Compensation shall not be adjusted for any change in Transportation and Processing costs associated with use of the alternative Processing Facility.
The Contractor’s Compensation for performance of all its obligations under this Agreement shall be Gross Receipts.
Contractor shall bear the burden of justifying to the City by substantial evidence its entitlement to continuation of current, as well as any increases in, Contractor’s Compensation.
The Total Contractor’s Compensation for the coming Rate Period shall be forecasted in the manner described in this Section.
If the equipment was fully depreciated before its sale, the revenue received by Contractor from its sale shall be reported to City and deducted from Contractor’s Compensation.
In order to set Contractor’s Compensation pursuant to Article 11, it is necessary for Contractor to maintain accurate, detailed financial and operational information in a consistent format and to make such information available to the Agency in a timely fashion, and in accordance with reporting requirements specified in this Article.
Without limiting any other provision of the RFP or of this Contract, payment of the Contractor’s Compensation may, in the sole discretion of DHS, be tied to contract performance as follows: Implementation Payment: One-twelfth (1/12) of sixty percent (60.0%) of the Implementation Price shall be earned monthly during the first twelve (12) months of the Contract term.
In order to effectuate Contractor’s Compensation pursuant to Article 11, it is necessary for Contractor to maintain accurate, detailed financial and operational information in a consistent format and to make such information available to the Agency and the SBWMA in a timely fashion.
If the Contractor is requesting a special review of Contractor’s Compensation, the Contractor must submit its request for a special review, and supporting cost and operational data, in a form and manner specified by the City.