Not to Exceed or “NTE” means the maximum amount for which Contractor has agreed to provide services in connection with a Project or LOA.
Not to Exceed. Compensation. The compensation payable to CONSULTANT for the services identified in Exhibit A shall not exceed $581,649. CONSULTANT shall not perform any services beyond the services identified in Exhibit A without prior written authorization from the LOCAL AGENCY.
Not to Exceed. (NTE) means an FNS-approved cost containment methodology that vendors are subject to price limitations. For approved foods exceeding the NTE, payments to vendors are adjusted (reduced) to ensure the price paid for individual food items may be equal to, but not in excess of the maximum, not-to-exceed price.
Examples of Not to Exceed in a sentence
This Undefined Position does not have an associated Not to Exceed rate.
The Not to Exceed estimate is in accordance with the Contractor’s T&M proposal and rates, as included in the attached proposal, dated XXXXXX.
The parties estimate that performance of this Contract will not exceed the Not to Exceed estimate.
The Not to Exceed amount may be exceeded only upon prior written increase in the scope of Work, accompanied by written authorization for an increase in fee from the City Manager.
The State plans to execute a Not to Exceed (NTE) Contract as a result of this RFP.
More Definitions of Not to Exceed
Not to Exceed or “NTE” means the maximum amount for which Consultant has agreed to provide services in connection with a Project or LOA.
Not to Exceed or "NTE" means:
Not to Exceed or “NTE” means the maximum amount for which Contractor has agreed to provide services under this Agreement or in connection with a Project or LOA.
Not to Exceed. Compensation. The compensation payable to Consultant for the services identified in Exhibit “A” shall not exceed $550,000. Consultant shall not perform any services beyond the services identified in Exhibit “A” without prior written authorization from the City’s Authorized Representative. If the City’s Authorized Representative provides authorization for additional services, the total compensation payable to the Consultant under this Agreement shall not exceed $550,000 until and unless the City formally amends this agreement.
Not to Exceed means the maximum cumulative hourly fees allowable, which the Consultant shall not exceed without specific written authorization from the City. The “Not to Exceed” amount is not a guaranteed maximum cost for the services requested by the City and all costs applied to such shall be verifiable through time sheet and reimbursable expense reviews.
Not to Exceed means the maximum cumulative hourly fees allowable (or, in the case of Reimbursable Expenses, the maximum cumulative expenses allowable), which the Consultant shall not exceed without further written authorization of the Project Coordinator. The "Not to Exceed" amount is not a guaranteed maximum cost for the additional work requested (or, in the case of Reimbursables, for the expenses), and all costs applicable to same shall be verifiable through time sheets (and, for Reimbursables, expense reviews). 10 OWNER'S REPRESENTATIVE SERVICES-MIAMI BEACH CONVENTION CENTER RENOVATION&EXPANSION ARTICLE 5. REIMBURSABLE EXPENSES 5.1 Reimbursable Expenses are an allowance set aside by the City in the aggregate not-to- exceed amount of $195,713.00, to cover certain actual expenditures made by the Consultant in the interest of the Project. Notwithstanding the preceding, any Reimbursable Expenses in excess of $500 must be authorized, in advance, in writing, by the Project Coordinator. Invoices or vouchers for Reimbursable Expenses shall be submitted to the Project Coordinator (along with any supporting receipts and other back-up material requested by the Project Coordinator). Consultant shall certify as to each such invoice and/or voucher that the amounts and items claimed as reimbursable are "true and correct and in accordance with the Agreement." 5.2 Reimbursable Expenses may include the following: 5.2.1 Cost of reproduction, courier, and postage and handling of drawings, plans, specifications, and other Project documents (excluding reproductions for the office use of the Consultant and its sub-consultants, and courier, postage and handling costs between the Consultant and its sub-consultants). 5.2.2. Costs for rental of one on-site triple-wide trailer and associated utilities, office equipment such as computers, printers, computer software, telephones, and other general field office expenses. 5.2.3. Costs for airfare, rental car, taxis, meal per diems (at City per diem rates) and hotel accommodations, in furtherance of the performance of the Services. Any such costs shall be reimbursed at actual rates (no markups) in accordance with Florida Statute 112.061, as may be amended. Consultant shall obtain advance written authorization from the Project Coordinator or his/her designee for travel expenses. Failure to obtain such prior authorization shall be grounds for City's rejection of payment for any travel expenses. The City and Consultant anticipate that travel-related re...
Not to Exceed. Compensation. City shall compensate Consultant for all Services performed by Consultant hereunder in an amount based upon Consultant’s hourly or other rates set forth in Exhibit “B”. The payments specified in Exhibit “B” shall be the only payments to be made to Consultant for Services rendered pursuant to this Agreement. Notwithstanding the foregoing, the combined total of compensation and costs payable hereunder shall not exceed the sum of and No/100 Dollars ($ .00) unless the performance of services and/or reimbursement of costs and expenses in excess of said amounts have been approved in advance of performing such services or incurring such costs and expenses by City, evidenced in writing authorizing such additional amount.