Examples of Management Services Fee in a sentence
If no such adjustment is requested by either party within such 10 day period, the Program Management Services Fee shall remain unchanged.
If an equitable adjustment is requested within such 10 day period, and if Owner and Program Manager cannot reach an agreement as to such adjustment within sixty (60) days after Owner approves the PIP, the parties shall resort to the Dispute Resolution Process to determine an adjustment to the Program Management Services Fee that is fair and equitable under the circumstances.
Program Manager shall be paid a Program Management Services Fee, including all reimbursable expenses, not to exceed the fixed lump sum of and No/100 ($ ), payable in monthly installments of $ .00 for each month during the first days of Program Manager’s performance hereunder, based on Program Manager’s preliminary staffing plan.
If Owner approves a PIP that extends or reduces the Program Master Schedule beyond 20 , then the Program Management Services Fee, and the distribution thereof over the Program’s duration, shall be subject to an equitable adjustment of the Program Management Services Fee within 10 days, if such adjustment is believed to be necessary.
The Program Management Services Fee shall be payable monthly as provided in the Owner-approved Program Fee Schedule and Staffing Plan for rendering and properly performing the Services.