Annual Rate Adjustment. The payment amounts listed in this Agreement are based on the work being performed within one year of the contract date. Because of natural time delays that may be encountered in the administration and work to be performed for the project, each value will be increased at the rate of 3%, compounded annually, beginning after one year from the date of the contract and ending when that item is approved for billing.
Appears in 5 contracts
Samples: Agreement Consultant Client, Agreement Consultant Client, Agreement Consultant Client