Not to Exceed or “NTE” means the maximum amount for which Contractor has agreed to provide services in connection with a Project or LOA.
Not to Exceed or "NTE" means:
Not to Exceed or “NTE” means the maximum price allowable to be paid for good(s) and/or service(s) under an Agreement.
Examples of Not to Exceed in a sentence
Compensation for the items identified as "Not to Exceed" in this Exhibit will be based on the multiple of Direct personnel Expenses as identified in Paragraph 16.2.1 (Method 1) of the Agreement.
The Design Builder’s Preconstruction Cost Proposal for the Project shall be Not to Exceed in the amount of One Hundred Ten Thousand, Seven Hundred Ninety-Three Dollars and Fourteen Cents ($110,793.14).
Projected Monthly Cost Not to Exceed: $31,835.00 (breakdown as indicated in Attachment B23: Compensation/Payment Instructions/Pricing.) ATTACHMENT A 2 3 SCOPE OF WORK I.
Consultant shall provide notice to SCPPA prior to reaching the Not to Exceed Amount.
All work requires the submission of a detailed, written Not to Exceed Cost Proposal (Cost Proposal) from the Contractor.
More Definitions of Not to Exceed
Not to Exceed. (NTE) means an FNS-approved cost containment methodology that vendors are subject to price limitations. For approved foods exceeding the NTE, payments to vendors are adjusted (reduced) to ensure the price paid for individual food items may be equal to, but not in excess of the maximum, not-to-exceed price.
Not to Exceed. Compensation. The compensation payable to CONSULTANT for the services identified in Exhibit A shall not exceed $581,649. CONSULTANT shall not perform any services beyond the services identified in Exhibit A without prior written authorization from the LOCAL AGENCY.
Not to Exceed. Compensation. The compensation payable to Consultant for the services identified in Exhibit “A” shall not exceed $ . Consultant shall not perform any services beyond the services identified in Exhibit “A” without prior written authorization from the Town’s Authorized Representative. If the Town’s Authorized Representative provides authorization for additional services, the total compensation payable to the Consultant under this Agreement shall not exceed $ .
Not to Exceed. (“NTE”) shall mean the maximum total amount a Service Provider may charge PROS for a service call prior to obtaining additional approval from PROS.
Not to Exceed. Compensation. City shall compensate Consultant for all Services performed by Consultant hereunder in an amount based upon Consultant’s hourly or other rates set forth in Exhibit “B”. The payments specified in Exhibit “B” shall be the only payments to be made to Consultant for Services rendered pursuant to this Agreement. Notwithstanding the foregoing, the combined total of compensation and costs payable hereunder shall not exceed the sum of and No/100 Dollars ($ .00) unless the performance of services and/or reimbursement of costs and expenses in excess of said amounts have been approved in advance of performing such services or incurring such costs and expenses by City, evidenced in writing authorizing such additional amount.
Not to Exceed. Compensation. The compensation payable to Artist for the services identified in Exhibit “A” shall not exceed $[DOLLAR AMOUNT]. Artist shall not perform any services beyond the services identified in Exhibit “A” without prior written authorization from the City’s Authorized Representative. If the City’s Authorized Representative provides authorization for additional services, the total compensation payable to the Artist under this Agreement shall not exceed $[DOLLAR AMOUNT].
Not to Exceed. The City is limited by law with respect to the amount of money it can pay. Therefore, the Parties have established fixed sums, including maximum amounts, which cannot be exceeded without further or additional amendment to the Agreement. The maximum amount per annum under this Second Addendum is $20,000.00. Costs are to be incurred on the rate of no more than $150.00 per hour, and as to said hourly rate and expenses billable under the Agreement, Consultant shall be required to keep track of the rate time and expenses, and any amounts in excess of that fixed or otherwise authorized under the Agreement shall not be eligible for payment. Consultant shall notify the City if Consultant anticipates that the Agreement amounts may be exceeded in order to determine whether or not the City is prepared to increase the total compensation. Consultant shall establish a billing system showing the amount of money remaining on the Agreement, which shall be shown in each monthly billing.