Fixed Price Contracts. Princeton University shall retain an amount equal to ten percent (10%) of the full amount that Contractor seeks to be paid as set forth in each Application for Payment submitted in accordance with paragraph (d) above (“Retainage”). Except as otherwise agreed by Princeton University in its discretion, no amount of Retainage shall be paid to Contractor prior to final completion and Final Payment except as expressly provided herein.
Fixed Price Contracts. (i) All Government-furnished property and all property acquired by the Contractor, title to which vests in the Government under this paragraph (collectively referred to as “Government property”), are subject to the provisions of this clause.
Fixed Price Contracts. In accordance with Section 1554 of the American Recovery and Reinvestment Act of 2009 (ARRA), the Grantee (Loan Recipient or Contractor) agrees, to the maximum extent possible, contracts funded with ARRA funding shall be awarded as fixed-price contract through the use of competitive procedures.
Fixed Price Contracts a. Wewill not extendin anywaythe durationof anyfixedpriceperiod that applies to a fixed price supply contract unless you expressly agree to such extension. If you do agree to an extension wweill:
Fixed Price Contracts. (7) hours reported by Payroll Employees; and (8) Engagements prohibited by the Terms of Service. The maximum rate per hour protected by Upwork to Freelancer under the Hourly Payment Protection for Freelancers is the lesser of: (i) the rate provided in the Hourly Contract terms; (ii) the usual hourly rate billed by Freelancer on the Site across all Clients; and (iii) the going rate for the same skills on the Site in Freelancer’s area (such determination to be made in Upwork’s sole discretion). The maximum amount of coverage under the Hourly Payment Protection for Freelancers for the life of a relationship between the same Client and Freelancer is $2,500 or 50 hours logged in Work Diary, whichever is less.
Fixed Price Contracts. The Company shall invoice the Charges in accordance with the payment intervals stated in the Order Form. The Service Fees, unless stated otherwise in the Order Form, exclude the cost of hotel, subsistence, travelling and any other ancillary expenses reasonably incurred by the Project Team in providing the Services, the cost of any materials and the cost of services reasonably and properly provided by third parties and required by the Customer for the Services ("Expenses"). Expenses Expenses shall be approved by the Customer in advance of being incurred and shall be payable by the Customer in accordance with agreed payment terms of thirty (30) days unless stated otherwise on the Order Form. The Company shall maintain complete and accurate records to substantiate the Company’s Expenses. Payment The Customer shall pay each undisputed invoice for the Charges and Expenses in full and have provided cleared funds (without deduction, set-off, counter-claim or withholding other than withholding of taxes required by law) within thirty (30) days of the date of such invoice unless otherwise agreed in writing by the Company or stated in the Order Form. The Customer shall notify the Company within Fifteen (15) days of the invoice date if it disputes the invoice. Time for payment shall be of the essence in the Contract. All payments by the Customer hereunder shall be in United Kingdom pound sterling or Euros as stated on the associated Order Form quotation and shall be paid to the Company's bank account as advised by the Company to the Customer in writing. Payment of Taxes All amounts stated are gross amounts but exclusive of VAT or other sales tax which shall be paid by the Customer, if applicable, at the then prevailing rate subject to receipt of a valid VAT invoice or other sales tax invoice. Should the Customer be required by any law or regulation to make any deduction on account of tax including but not limited to withholding tax or otherwise on any sum payable under the Contract the Charges payable shall be increased by the amount of such tax to ensure that the Company receives a sum equal to the amount to be paid under the applicable Order Form. Overdue Payments Without prejudice to any other remedy that the Company may have, if payment of the Charges or any part of the Charges is overdue, then (unless the Customer has notified the Company in writing that such payment is in dispute within fifteen (15) days) the Company may, without prejudice to any other rights or...
Fixed Price Contracts. 7.4.1. Services shall be provided at a fixed price when the parties agree an overall sum, which must be justified using the agreed daily rates in this Contract, and the sum is paid following express acceptance of the Services by the Agency.
Fixed Price Contracts. Contractors agree that there is no guarantee of payment for Fixed-Price Contracts. Employers have complete and sole discretion on the satisfactory completion of a Fixed-Price Contract and are under no obligation to pay unless the terms of the Contract are met by the Contractor.
Fixed Price Contracts. Except for the contracts listed on Schedule 2.32(f), there is no fixed-price contract or subcontract with or for any Government Agency that the Company has entered into or is otherwise obligated to perform and for which performance has not been completed, final payment has not been received, or warranty, support, or maintenance obligations have been retained, where the costs to the Company of completing performance of the fixed-price component of the contract or subcontract and/or fulfilling all contractual obligations, have exceeded or are reasonably expected to exceed the fixed-price amount of the contract or subcontract (i.e., the Company is in a loss position or expects to incur a loss with respect to the fixed-price component of the contract or subcontract). For the purposes of this subsection, the term “costs” means all costs attributable to a particular contract or subcontract in accordance with the FAR and/or GAAP consistent with the Company’s past practices, including all allocations of general and administrative expenses to such contract or subcontract, and the term “fixed-price” with respect to contracts and subcontracts includes the following: firm-fixed-price contracts; fixed-price contracts with economic price adjustment; fixed-price incentive contracts; fixed-price contracts with prospective price redetermination, fixed-ceiling price contracts with retroactive price redetermination; firm-fixed-price, level-of-effort term contracts; all contracts or delivery orders issued pursuant to a General Services Administration schedule contract or other agency multiple award schedule contract of a fixed-price nature; and all variations or combinations of the above listed contract types.
Fixed Price Contracts. With respect to each of the Material Contracts that provides for a fixed price to be paid to the Company upon the performance of the Company's services, (i) the estimate to complete set forth in the Company's books represents the Program Manager's best estimate of all costs expected to be incurred in order to secure final payment under the Contract; (ii) all known risks related to delivery or cost have been set forth in the Company's books; (iii) such Contract does not include retention or liquidated damages provisions that could impose aggregate costs to the Company exceeding $10,000 per Material Contract; and (iv) except as set forth on Schedule 4.23, no work is being performed on such Contract outside the scope of the Contract.
