Common use of Contractual Amount Clause in Contracts

Contractual Amount. STATE shall pay for the accepted services provided by CONTRACTOR under this Contract an amount not to exceed [Amount] (Contractual Amount). The Contractual Amount is firm for the duration of this Contract and constitutes the entire compensation due CONTRACTOR for performance of its obligations under this Contract regardless of the difficulty, materials or equipment required, including fees, licenses, overhead, profit and all other direct and indirect costs incurred by CONTRACTOR, except as provided by an amendment to this Contract.

Appears in 2 contracts

Sources: Contract, Contract

Contractual Amount. STATE shall pay for the accepted services provided by CONTRACTOR under this Contract an amount not to exceed [Amount] <amount> (Contractual Amount). The Contractual Amount is firm for the duration of this Contract and constitutes the entire compensation due CONTRACTOR for performance of its obligations under this Contract regardless of the difficulty, materials or equipment required, including fees, licenses, overhead, profit and all other direct and indirect costs incurred by CONTRACTOR, except as provided by an amendment to this Contract.

Appears in 1 contract

Sources: Contract