Lump Sum Contracts. The percentage of the total lump sum fee that represents the ratio of Work completed to the total amount of Work; Cost Plus Fixed Fee Contracts: Incurred cost of actual Work performed plus a percentage of the fixed fee that represents the ratio of Work completed to the total amount of Work; Specific Rate of Compensation Contract: Incurred cost of actual Work performed; Per Unit of Work Contract: The cost of each completed unit of Work and/or a percentage of each partially completed unit of Work. In no event shall County be liable for costs incurred by Contractor after the specified termination date, including but not limited to anticipated profits on this Agreement, post-termination employee salaries, post-termination administrative expenses, or post-termination overhead or unabsorbed overhead. STATEMENT OF WORK Contractor shall perform all the services, including delivery of any goods and services relating to such goods, as described in Exhibit A attached hereto (the “Work”) and in accordance with the provisions of this Agreement.
Lump Sum Contracts. The percentage of the total lump sum fee that represents the ratio of Work completed to the total amount of Work;
Lump Sum Contracts. The Purchaser may choose to purchase a Contract in one Lump Sum payment at the time of enrollment.
Lump Sum Contracts. A final payment shall be made to the CONSULTANT which when added to any payments previously made shall total the same percentage of the Lump Sum Amount as the work completed at the time of termination is to the total work required for the PROJECT. In addition, the CONSULTANT shall be paid for any authorized extra work completed. Cost Plus Fixed Fee Contracts A final payment shall be made to the CONSULTANT which when added to any payments previously made, shall total the actual costs plus the same percentage of the fixed fee as the work completed at the time of termination is to the total work required for the PROJECT. In addition, the CONSULTANT shall be paid for any authorized extra work completed. Specific Rates of Pay Contracts A final payment shall be made to the CONSULTANT for actual hours charged at the time of termination of this AGREEMENT plus and direct nonsalary costs incurred at the time of termination of this AGREEMENT.
Lump Sum Contracts. The percentage of the total lump sum fee that represents the ratio of Work completed to the total amount of Work; Specific Rate of Compensation Contract: Incurred cost of actual Work performed; Per Unit of Work Contract: The cost of each completed unit of Work and/or a percentage of each partially completed unit of Work. Cost Plus Fixed Fee Contracts: Incurred cost of actual Work performed plus a percentage of the fixed fee that represents the ratio of Work completed to the total amount of Work; In no event shall County be liable for costs incurred by Contractor after the specified termination date, including but not limited to anticipated profits on this Agreement, post-termination employee salaries, post-termination administrative expenses, or post-termination overhead or unabsorbed overhead. REMEDIES FOR BREACH
Lump Sum Contracts. Comparison of Bids: Bids on Lump Sum Contracts will be compared on the basis of the lump sum price bid adjusted for alternate prices bid, if any.
Lump Sum Contracts. 55.1 For Lump Sum Contracts when applicable, notwithstanding the terms of GCC Clauses 10, 18.1, 31(c), 41.3, 53.2, 53.3, 53.4, 53.5, and 54.1, the provisions contained hereunder shall apply.
Lump Sum Contracts. 14.6.1 Where the Order states that the Contract Sum is payable as a lump sum, payment shall be made by Housing within 30 days of the receipt from the Contractor of a correct invoice for the amount of the Contract Sum, which may be presented not earlier than the date of the Certificate of Satisfaction or (if no Certificate is issued) when the Trade Contract Works have been completed to the satisfaction of the Designated Officer. Instalments
Lump Sum Contracts. If a Lump-Sum contract form is included in the RFP, the Consultant is deemed to have included all prices in the Financial Proposal, so neither arithmetical correction nor price adjustments shall be made. The total price, net of taxes understood as per ITC 24 below, specified in the Financial Proposal (Form FIN- 1) shall be considered as the offered price.
Lump Sum Contracts. (1) For lump sum contracts, the contract price shall be the result obtained by ftrst reducing the amount designated as the total sum proposed in the award by the amount included therein for allowances and contingencies, and adding thereto or deducting therefro~ any extra cost or any reduction in cost, respectively, to the City as a result of supplemental agreements in writing and written orders. (2) Lump sum contract prices include aLL materials, equipment , labor and all other incidental work required for the complete construction and installation of the lump sum product, all in accordance with the plans and specifications. Payment will be made only for the item in place complete, regardless of the amount of material, equipment and labor necessary to complete the same in a proper and worlananlike manner and in accordance with the plans and specifications. Cd) Unit priced items. Payment shall be made for the actual quantities of units incorporated into the contract multiplied by the writ prices ofthe contract items, when the unit work or items are in place complete, provided that where the quantity of any item varies more than fifteen per cent above or below the estimated quantity stated in the contract, payment shall be made at the adjusted unit price in accordance with section 5.7, "Variations in estimated quantities." 6.2 Allowance items. Payment for allowance items shall be included in the monthly estimate for progress paymen.t upon submittal of paid invoices. Unless otherwise specified in the RFP, the Contractor shall be reimbursed from the allowance items as follows : (1) For utility allowance, no markup of any kind will be allowed . (2) For off-duty police officers, the reimbursement shall also include the administrative fees charged by the Honolulu Police Department, plus twenty per cent inclusive of any administrative costs, overhead/profit, bond fee, and applicable taxes . 6.3
