Not to Exceed definition

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

• This Undefined Position does not have an associated Not to Exceed rate.

• The Not to Exceed amount may be exceeded only upon prior written increase in the scope of Work, accompanied by written authorization for an increase in fee from the City Manager.

• In such cases, the City will establish an Allowance in the Work Order that shall serve as a Not to Exceed Fee for the Work to be performed on an Hourly Rate Basis.

• EXTRA CREDIT(a)Material (attach itemized quantity and unit cost plus sales tax) (b)Labor Not to Exceed Applicable Prevailing Wage Rates (attach itemized hours and rates) (c)Equipment (attach invoices) (d)Subtotal (e)If Subcontractor performed work, add Subcontractor’s overhead and profit to portions performed by Subcontractor, not to exceed 10% of item (d).

• EXTRA CREDIT(a) Material (attach itemized quantity and unit cost plus sales tax) (b) Labor Not to Exceed Applicable Prevailing Wage Rates (attach itemized hours and rates) (c) Equipment (attach invoices) (d) Subtotal (e) If Subcontractor performed work, add Subcontractor’s overhead and profit to portions performed by Subcontractor, not to exceed 10% of item (d).

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 professional fees for the scope delineated above are $48,000.00. In addition to the fee, the Client shall be responsible for miscellaneous costs (i.e., vehicle mileage, plan / document reproduction fees, postage, clerical, etc.). Miscellaneous expenses will be billed in addition to the fees for professional services.

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].