Common use of Basis of Compensation Clause in Contracts

Basis of Compensation. Compensation shall be on the basis of not-to-exceed fixed fees computed from the hourly rates provided in Fee Schedule, all as specifically defined in each CTO. The Fee Schedule submitted, shall be fixed for the entire term of the Contract. All A-E's administrative overhead expenses shall be considered to be included in the hourly rate contained in submitted Fee Schedule. A-E shall submit monthly invoices for services provided; the cumulative amount shall not exceed the authorized amount on approved CTO. Payment shall be within thirty (30) days of receipt of invoices by COUNTY Project Manager or designee pending on invoice approval.

Appears in 20 contracts

Samples: Renewal), cams.ocgov.com, cams.ocgov.com

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Basis of Compensation. Compensation shall be on the basis of not-to-exceed fixed fees computed from the hourly rates provided in Fee Schedule, all as specifically defined in each CTO. The Fee Schedule submitted, shall be fixed for the entire term of the ContractCONTRACT. All A-/E's administrative overhead expenses shall be considered to be included in the hourly rate contained in submitted Fee Schedule. A-/E shall submit monthly invoices for services provided; the cumulative amount shall not exceed the authorized amount on approved CTO. Payment shall be within thirty (30) days of receipt of invoices by COUNTY Project Manager or designee pending on invoice approval.

Appears in 2 contracts

Samples: cams.ocgov.com, cams.ocgov.com

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