Common use of Consideration and Compensation Clause in Contracts

Consideration and Compensation. Service Provider will be compensated based on a fixed sum for the specific project herein. The not-to-exceed amounts under this agreement are $37,840.00 for related goods and services. Only services that are needed will be ordered pursuant to the attached Exhibit “A." The not-to-exceed fixed fee amount may only be revised by an addendum or change order and must be approved by the Xxxxxxxxxx County Commissioners Court. Payment for goods and services shall be governed by Chapter 2251 of the Texas Government Code. An invoice shall be deemed overdue the 31st day after the later of (1) the date The County receives the goods under the contract; (2) the date the performance of the service under the contract is completed; or (3) the date the Xxxxxxxxxx County Auditor receives an invoice for the goods or services. Interest charges for any overdue payments shall be paid by The County in accordance with Texas Government Code Section 2251.025. More specifically, the rate of interest that shall accrue on a late payment is the rate in effect on September 1 of The County’s fiscal year in which the payment becomes due. The said rate in effect on September 1 shall be equal to the sum of one percent (1%); and (2) the prime rate published in the Wall Street Journal on the first day of July of the preceding fiscal year that does not fall on a Saturday or Sunday.

Consideration and Compensation. Service Provider will be compensated based on a fixed sum for the specific project herein. The not-to-exceed amounts amount for “on-cycle” valuations under this agreement are is $37,840.00 for related goods and services22,000.00. Only services that are needed will be ordered pursuant to the attached Exhibit “A." The not-to-exceed fixed fee amount for “off-cycle” roll forward valuations under this agreement is $5,000.00. Renewals of these amounts may only be revised not exceed 5% increase from the previous year, unless amended by an addendum or a change order and must be approved by the Xxxxxxxxxx Williamson County Commissioners Court. Payment for goods and services shall be governed by Chapter 2251 of the Texas Government Code. An invoice shall be deemed overdue the 31st day after the later of (1) the date The County receives the goods under the contract; (2) the date the performance of the service under the contract is completed; or (32) the date the Xxxxxxxxxx Williamson County Auditor receives an invoice for the goods or services. Interest charges for any overdue payments shall be paid by The County in accordance with Texas Government Code Section 2251.025. More specifically, the rate of interest that shall accrue on a late payment is the rate in effect on September 1 of The County’s 's fiscal year in which the payment becomes due. The said rate in effect on September 1 shall be equal to the sum of one percent (1%); and (2) the prime rate published in the Wall Street Journal on the first day of July of the preceding fiscal year that does not fall on a Saturday or Sunday.

Consideration and Compensation. Service Provider will be compensated based on a fixed sum for the specific project herein. The not-to-exceed amounts under this agreement are $37,840.00 for related goods and services. Only services that are needed will be ordered pursuant to the attached fees set forth in Exhibit “A." The not-to-exceed fixed fee amount may only be revised by an addendum or change order and must be approved by the Xxxxxxxxxx County Commissioners Court. Payment ” Any payment(s) for goods and services shall be governed by Chapter 2251 of the Texas Government Code. An invoice shall be deemed overdue the 31st day after the later of (1) the date The County receives the goods under the contract; (2) the date the performance of the service under the contract is completed; or (3) the date the Xxxxxxxxxx County Auditor receives an invoice for the goods or services. Interest charges for any overdue payments shall be paid by The County in accordance with Texas Government Code Section 2251.025. More specifically, the rate of interest that shall accrue on a late payment is the rate in effect on September 1 of The County’s fiscal year in which the payment becomes due. The said rate in effect on September 1 shall be equal to the sum of one percent (1%); and (2) the prime rate published in the Wall Street Journal on the first day of July of the preceding fiscal year that does not fall on a Saturday or Sunday.

Consideration and Compensation. Service Provider will be compensated based on a fixed sum for the specific project hereinattached Fee Proposal, dated April 6, 2015, which is marked as Exhibit “A” and incorporated herein as if copied in full. The not-to-exceed amounts amount under this agreement are is $37,840.00 for related goods and services. Only services that are needed will be ordered pursuant to the attached Exhibit “A." The not-to-exceed fixed fee amount may only be revised 9,500.00, unless amended by an addendum or a change order and must be approved by the Xxxxxxxxxx County Commissioners Court. Payment for goods and services shall be governed by Chapter 2251 of the Texas Government Code. An invoice shall be deemed overdue the 31st day after the later of (1) the date The County receives the goods under the contract; (2) the date the performance of the service under the contract is completed; or (3) the date the Xxxxxxxxxx County Auditor receives an invoice for the goods or services. Interest charges for any overdue payments shall be paid by The County in accordance with Texas Government Code Section 2251.025. More specifically, the rate of interest that shall accrue on a late payment is the rate in effect on September 1 of The County’s fiscal year in which the payment becomes due. The said rate in effect on September 1 shall be equal to the sum of one percent (1%); and (2) the prime rate published in the Wall Street Journal on the first day of July of the preceding fiscal year that does not fall on a Saturday or Sunday.