Common use of Maximum Contract Sum Clause in Contracts

Maximum Contract Sum. 4.1 The total compensation to be paid to Contractor under this Contract shall not exceed Five hundred fifty nine thousand five hundred sixty two Dollars ($559,562) (the "Maximum Contract Sum"). This amount is comprised of $426,961 for one time software licenses and implementation services as detailed in Exhibit A (Pricing Schedule); a 10 % pool dollars allocation for potential additional professional services or software licenses that may arise in the future as mutually agreed upon between County and Contractor; and a total of $89,905 for application software maintenance for Years 2-4. 4.2 Contractor shall not be entitled to payment or reimbursement for any tasks or services performed, nor for any incidental or administrative expenses whatsoever incurred in or incidental to performance hereunder, except as specified herein. Assumption or takeover of any of Contractor’s duties, responsibilities, or obligations, or performance of same by any entity other than Contractor, whether through assignment, subcontract, delegation, merger, buyout, or any other mechanism, with or without consideration for any reason whatsoever, shall occur only with County’s express prior written approval. 4.3 Contractor shall maintain a system of record keeping that will allow Contractor to determine when it has incurred seventy-five percent (75%) of the total contract authorization under this Contract. Upon occurrence of this event, the Contractor shall send written notification to the Department at the address set forth in Exhibit I (County's Administration). 4.4 Contractor shall have no claim against County for payment of any money or reimbursement, of any kind whatsoever, for any service provided by Contractor after the expiration or other termination of this Contract. Should Contractor receive any such payment it shall immediately notify County and shall immediately repay all such funds to County. Payment by County for services rendered after expiration/termination of this Contract shall not constitute a waiver of County’s right to recover such payment from Contractor. This provision shall survive the expiration or other termination of this Contract.

Appears in 2 contracts

Sources: Contract for Laboratory Information Management System, Contract