Common use of Payment Clause Clause in Contracts

Payment Clause. This is a fixed price (unit cost) contract. The department shall pay the provider, upon satisfactory completion of the services outlined in the Attachment I of this contract in accordance with the terms of this contract for a total dollar amount not to exceed $4,999,999.00, subject to the availability of funds. There shall be no equipment budget. The purchase of any equipment is the responsibility of the provider as are any cost overruns.

Payment Clause. This is a fixed price (unit cost) contractcontract except Task A.22 and Task C.11 which will be cost reimbursable. The department shall pay the provider, upon satisfactory completion of the services outlined in the Attachment I of this contract in accordance with the terms of this contract for a total dollar amount not to exceed $4,999,999.00, subject to the availability of funds. There shall be no equipment budget. The purchase of any equipment is the responsibility of the provider as are any cost overruns.