Net Contract Amount definition
Examples of Net Contract Amount in a sentence
For each program component identified as COST-SMA reimbursement type, CONTRACTOR shall be reimbursed for the actual costs expended by CONTRACTOR for service delivered, up to the Net Contract Amount for that program component, unless otherwise limited by other provisions in this Exhibit.
Unless otherwise specifically allowed in Exhibit B, grants and pass through funds are not allowed to be transferred between Program Components and are thereby "locked down" and excluded from the Net Contract Amount when applying the 5% budget transfer provision.
CONTRACTOR may transfer up to 5% of the total contract budget (Net Contract Amount) on each budget page (one Budget Grid for each contract part number) within this Agreement between budget categories or types of service (Program Components) on that budget page.
Contractor shall be reimbursed for the actual costs expended by Contractor for services delivered, up to the Net Contract Amount, unless otherwise limited by other provisions in this Exhibit B1.
For each program component identified as RATE reimbursement type, CONTRACTOR shall be reimbursed for each unit of service delivered at the Contract Cost Per Unit rate specified on the Service Agreement Budget pages of Exhibit B, up to the Net Contract Amount for that program component, unless otherwise limited by other provisions in this Exhibit.
For each program component identified as COST reimbursement type, CONTRACTOR shall be reimbursed for the actual costs expended by CONTRACTOR for services delivered, up to the Net Contract Amount for that program component, unless otherwise limited by other provisions in this Exhibit.
Typically, the Contract Maximum (Net Contract Amount) will not exceed the amount identified in the Board approved Continuing Agreements List (C.A.L.).
The amended Contract Maximum (Net Contract Amount) shall be determined by the available matching funds such as County General Fund and/or Realignment plus the resulting leveraged funds such as Medi-Cal FFP and EPSDT.
The amended Contract Maximum (Net Contract Amount) will likely vary from the original Contract Maximum due to variations in program component mix of Medi-Cal percent and cost per unit rates.