Rate Increases. REGIONAL SAN’S Project Manager and CONSULTANT may negotiate an adjustment to rates effective January 1st of each year throughout the term of this Agreement, effective January 1, 20 , provided that annual adjustments shall not exceed a three percent (3%) increase over the prior year’s rates. CONSULTANT shall submit new negotiated rates to REGIONAL SAN’S Project Manager not less than 30 days prior to said effective date. For employees subject to State Prevailing Wages, annual escalations, if any, shall be effective the date(s) stipulated by the Director of Industrial Relations (DIR). Rate increases may only be initiated upon written authorization by the REGIONAL SAN Project Manager. Total compensation, including fees, expenses, and profit for services rendered by CONSULTANT shall not exceed the Maximum Total Payment Amount under this Agreement listed above.
Appears in 5 contracts
Samples: Sanitation District Agreement, Agreement, Sanitation District Agreement
