METHODS OF COMPENSATION and PAYMENT OPTIONS Sample Clauses

METHODS OF COMPENSATION and PAYMENT OPTIONS. Agency will determine, in its discretion, Work Order Contract (WOC) payment methodology which may be based on any one or a combination of the following: Option (a): CPFF; Option (b): Fixed Price; Option (c): T&M; Option (d): Price Per Unit Assigned WOCs will identify the method(s) of compensation and progress payment option for each WOC, phase of Services or project phase. Consultant shall complete all Services and provide all deliverables as defined in the WOC. If the applicable compensation is exhausted, but Services and deliverables are not complete, Consultant shall complete the Services and provide the deliverables to Agency’s satisfaction without additional compensation. The amount payable under a WOC may be adjusted by Agency or renegotiated to: Reduce the NTE, Fixed-Price or Fixed-Fee amount associated with WOC Tasks/deliverables that were not authorized by Agency or not performed by Consultant; Reduce the NTE, Fixed-Price or Fixed-Fee amount commensurate with deductive amendments to reduce the risk associated with the project or to reduce the scope of work required under the WOC; Increase the NTE, Fixed-Price or Fixed-Fee amount for additional Tasks/deliverables added to the SOW via amendment to the WOC.
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METHODS OF COMPENSATION and PAYMENT OPTIONS. Agency will determine, in its discretion, Work Order Contract (WOC) payment methodology which may be based on any one or a combination of the following:
Sample 1Sample 2
METHODS OF COMPENSATION and PAYMENT OPTIONS. Consultant shall complete all Services and provide all deliverables as defined in the Contract. If the applicable compensation is exhausted, but Services and deliverables are not complete, Consultant shall complete the Services and provide the deliverables to Agency’s satisfaction without additional compensation. The amount payable under the Contract may be adjusted by Agency or renegotiated to: • Reduce the NTE, Fixed-Price or Fixed-Fee amount associated with tasks/deliverables that were not authorized by Agency or not performed by Consultant; • Reduce the NTE, Fixed-Price or Fixed-Fee amount commensurate with deductive amendments to reduce the risk associated with the Project or to reduce the scope of work required under the Contract; • Increase the NTE, Fixed-Price or Fixed-Fee amount for additional Services via amendment to the Contract, subject to the conditions and limitations set forth in Section 30 of the Contract terms and conditions.
Sample 1
METHODS OF COMPENSATION and PAYMENT OPTIONS. Agency will determine, in its discretion, WOC payment methodology which may be based on any one or a combination of the following:  Option (a): Fixed Price;  Option (b): Time and Materials with NTE (T&M).
Sample 1

Related to METHODS OF COMPENSATION and PAYMENT OPTIONS

  • Payment Options The exercise price shall be paid by one or any combination of the following forms of payment that are applicable to this option, as indicated on the cover page hereof:

  • Retirement Options The Xxxxxxx Community College Board of Trustees may at its discretion grant one of the following retirement incentive plans to eligible faculty. The unit member must elect and may participate in only one of the three following retirement plans:

  • Deferred Compensation Plans Employees are to be included in the State of California, Department of Personnel Administration's, 401(k) and 457 Deferred Compensation Programs. Eligible employees under IRS Code Section 403(b) will be eligible to participate in the 403(b) Plan.

  • Reporting Subawards and Executive Compensation a. Reporting of first-tier subawards.

  • Deferred Compensation Program ‌ Unit members shall continue to be eligible to join the County’s Deferred Compensation Plan. Said employees will be bound by the same Plan, rules and participation agreements as are generally applicable to other County employees. DSA acknowledges that County retains the right to alter, amend, or repeal the current plan, rules, and participation agreements, at any time. The County shall not charge an administrative fee to participating employees.

  • Tax Deferred Annuities The Board of Directors for the District shall provide and pay for such tax deferred annuities pursuant to RCW 28A.400.250 as the union shall request and the Board of Directors shall authorize. Payment for said annuities shall be at the option of the employee and deducted from the monthly salary as authorized by the individual employee.

  • Deferred Compensation Plan Manager shall be eligible to participate in the First Mid-Illinois Bancshares, Inc. Deferred Compensation Plan in accordance with the terms and conditions of such Plan.

  • Full-Time Equivalent (FTE) and Employer Contributions a) The FTE used to determine the Board’s benefits contributions will be based on the average of the Board’s FTE as of October 31st and March 31st of each year.

  • Severance and Retirement Options (a) (i) Where an employee resigns within 30 days after receiving notice of layoff pursuant to article 14.02 (a)(ii) that his or her position will be eliminated, he or she shall be entitled to a separation allowance of two (2) weeks' salary for each year of continuous service to a maximum of sixteen (16) weeks' pay, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars.

  • Employer Compensation Upon Separation An Employee, upon her separation from employment, shall compensate the Employer for vacation which was taken but to which she was not entitled.

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