Examples of Pool Dollars in a sentence
A written instrument prepared and executed by County Project Manager identifying any change requested by the County and or Contractor, including for acquisition of Optional Work using Pool Dollars, which does not affect the scope of work, Term, payments or any term or condition of this Contract.
The aggregate amount of Pool Dollars available under this Agreement is two hundred forty-eight thousand, nine hundred thirty-eight dollars ($248,938).
The aggregate amount of Pool Dollars available under this Agreement shall not exceed 20% of the Contract Sum or one hundred and seventy five thousand eight hundred twenty five dollars ($175,825.00).
Any requests for the expenditure of Pool Dollars must be approved in writing by the County’s Project Director.
In no event shall Contractor accrue fees, costs and expenses in excess of the Pool Dollars allocated to such Change Order without written approval of the County Project Manager and the written concurrence of County Counsel.
Contractor shall maintain a system of record keeping that will allow Contractor to determine when it has incurred seventy-five percent (75%) of the Contract Sum, including the Pool Dollars expenditures, authorized for this Agreement.
In no event shall County be obligated to pay in excess of the then available Pool Dollars for Additional Products, nor shall Contractor be required to provide any Additional Products for which there are no Pool Dollars available to pay Contractor.
In no event shall County be obligated to pay in excess of the then available Pool Dollars for Fixed Price Services, nor shall Contractor be required to perform any Fixed Price Services for which there are no Pool Dollars available to pay Contractor.
County is specifically authorized to execute Change Notices for expenditure of Pool Dollars for acquisition of Additional Work under the Contract.
Reallocation Amount FormulaReallocation Amount per beneficiaryTotal RCO Pool Dollars - Total Dollars Distributed= Available in DY Number of beneficiaries within RCOs that have met theDY Payment Milestone and have not Reached Max AwardReconciliation Process: AMA may retroactively reconcile RCO pool awards if the actual RCO expenditures are materially less than the RCO pool award.