Program Management Fees Clause Samples
Program Management Fees. At the beginning of each Fiscal Year, each Member shall pay its Program Management Fee in accordance with Schedule A. The annual value of the Program Management Fee is determined annually pursuant to an Approved Business Plan and Budget with fees set at a minimum of ten percent (10%) to a maximum of fifteen percent (15%) of the Member’s Annual Program Commitment.
Program Management Fees. Upon execution of the Agreement, car2go shall pay Arlington County One Thousand Six Hundred Forty Five ($1,645) for each vehicle infleeted in the first six weeks of operations. These fees shall cover the costs for twelve (12) months of operation. Any vehicles that are added to the fleet after the first six (6) weeks shall be assessed a prorated amount, beginning on the first day of the month in which the vehicle is added to the fleet. The prorated amount shall be paid to the County within the month that vehicle is added to the fleet. Car2go shall pay in monthly installments for each vehicle operating in the Program during months thirteen (13) through fifteen (15) of the Agreement, payments equal to 1/12 the annual fee.
Program Management Fees. Upon execution of the Agreement , car2go shall receive a 50% credit on the operation fee of the vehicles that were paid for but not infleeted during the demonstration study period, amounting to Forty One Thousand Five Hundred Seventy Dollars ($41,570). The credit will be applied during the first months of the agreement extension, offsetting any monthly operating costs accrued up to Forty One Thousand Five Hundred Seventy Dollars ($41,570) after which car2go will pay the partial or full invoice amount. Car2go shall pay Arlington County Six Hundred Ninety-Seven Dollars($697 ) per month for administrative support, independent of the number of vehicles infleeted, for the term of the Agreement or until the establishment of the Arlington Car-share Program, whichever occurs first. In addition, car2go shall pay Arlington County Eight Dollars ($8) per month per vehicle infleeted as an access fee for RPP zones. Furthermore, car2go shall pay Arlington County the actual meter usage of their fleet during meter collection times per month. Car2go must, therefore, provide system data showing parameters identified under “Data and Reporting” within seven (7) calendar days of the end of each calendar month. County staff will review and analyze the data and issue the respective invoice. If the system data is not provided by that date, car2go shall pay a default amount of One Hundred Twenty Two Dollars ($122) per vehicle infleeted for the respective month which will be invoiced on the eighth (8) calendar day. All fees must be paid within seven (7) calendar days of the issuance of the invoice. Pay Arlington County One Thousand Six Hundred Forty Five ($1,645) for each vehicle infleeted in the first six weeks of operations. These fees shall cover the costs for twelve (12) months of operation. Any vehicles that are added to the fleet, after the first six (6) weeks shall be assessed a prorated amount, beginning on the first day of the month in which the vehicle is added to the fleet. The prorated amount shall be paid to the County within the month that vehicle is added to the fleet. Car2go shall pay in monthly installments for each vehicle operating in the Program during months thirteen (13) through fifteen (15) of the Agreement, payments equal to 1/12 the annual fee.