Agreement Sum. For the completion of the Work by Contractor under this Agreement, MPTN agrees to pay Contractor the amount as set forth on the PO (“Contract Sum”).
Agreement Sum. The Agreement Sum is stated in Appendix B (Agreement Sum and Payment Schedule) and is the total amount payable by the Owner to the Contractor for the performance of the Work under this Agreement. The Agreement Sum is fixed. Any work additional to the Work shall be done on a fixed price basis or on a time and materials basis as agreed to by the Owner and Contractor prior to the commencement of such additional work. Before submitting the first invoice, the Contractor shall submit a complete breakdown of the Agreement Sum showing the value assigned to each part of the Work including an allowance for profit and overhead. Upon Owner’s approval of the breakdown of the Agreement Sum, it shall be used only as a basis for the Contractor's invoice. For lump-sum agreements the Contractor is to provide invoicing showing material costs and the total cost of the project or applicable portion thereof.
Agreement Sum. The Owner shall pay the Management Agent in current funds for the performance of the work hereunder the annual contract sum of , prorated monthly at a rate of . Payments will be made on a monthly basis.
Agreement Sum. Subject to any limitations set forth in this Agreement, the City agrees to pay the Contractor the amounts specified in the “Schedule of Compensation” attached as Exhibit C and incorporated in this Agreement by this reference. The total compensation, including reimbursement for actual expenses, shall not exceed $80,000 (“Agreement Sum”), unless additional compensation is approved pursuant to Section 1.9. The Schedule of Compensation shall include the attendance of the Contractor at all project meetings reasonably deemed necessary by the City. Coordination of the performance of the services with the City is a critical component of the services. If the Contractor is required to attend additional meetings to facilitate such coordination, the Contractor shall not be entitled to any additional compensation for attending these meetings. The Contractor acknowledges that the City is greatly concerned about the cost of work and services to be performed pursuant to this Agreement. For this reason, the Contractor agrees that if the Contractor becomes aware of any facts, circumstances, techniques or events that may or will materially increase or decrease the cost of the work or services contemplated in this Agreement and specified in the Schedule of Compensation, the Contractor shall promptly notify the City Manager of this fact, circumstance, technique or event and the estimated increased or decreased cost and, if the Contractor is providing design services, the estimated increased or decreased cost estimate for the project being designed. The Contractor understands that even if it notifies the City Manager of an increase, the City will not pay any additional funds to the Contractor for any increase unless the Parties fully execute a written amendment to this Agreement pursuant to Section 9.4.
Agreement Sum. The Total Agreement Sum below is a not to exceed total amount payable by Owner to Contractor for the performance of work under the Agreement Documents unless modified in writing through a properly executed change order: Project Cost $ Cost for Bonds per Section 19 $ (Required. if project cost is $22,500-$60,000) Total Agreement Sum $ Payments will only be made for actual goods or services ordered and received, and approved by the Owner.
Agreement Sum. 7.2 Contractor shall invoice County in accordance with Exhibit A (Statement of Work) (1) for Services, based on the Deliverable amounts due, upon Contractor’s completion and County’s acceptance in accordance with Paragraph 5.0 (Acceptance); and (2) for all Optional Work, by payment of the fees due to Contractor for the provision of Optional Work, in each instance with respect to clause (1) and (2) above not to exceed the Maximum Agreement Sum (defined in Sub-paragraph 7.4 of this Agreement).
Agreement Sum. The City will pay Artist for the performance under this Agreement, the sum of Five Thousand Dollars ($5,000.00) on the following schedule:
Agreement Sum. Client agrees to compensate Consultant as follows:
Agreement Sum. As compensation for Contractor’s timely performance of the Services in accordance with this Agreement, City shall pay Contractor a total sum not to exceed $450,000 (the “Agreement Sum”), in accordance with the "Schedule of Rates" attached hereto as Exhibit C. Contractor will submit monthly invoices to City concerning the Services performed by Contractor during the immediately preceding month (each an “Invoice”). Each Invoice will contain the following information: (a) a summary of the Services performed by Contractor (and by whom); (b) the number of hours (or fraction thereof) each person spent to perform the Services; (c) the applicable fee(s) for performing the Services; and (d) all other information reasonably requested by City. City will pay the undisputed amount due under each Invoice within Twenty-one (21) days after City has reviewed and approved the Invoice. Licensing/Monthly Management Fees will be invoiced one month prior and not in arrears. No compensation will be paid by City for any portion of the Services not performed. Payment shall not be considered acceptance or approval of any Services or waiver of any defects therein. The Agreement Sum shall constitute full and complete payment for said Services and all expenditures which may be made and expenses incurred, except as otherwise expressly provided in this Agreement or agreed to by mutual written and duly signed agreement of City and Contractor. Notwithstanding the foregoing, the parties may not increase the Agreement Sum without prior written authorization of the City Manager. Failure of Contractor to secure authorization for extra work shall constitute a waiver of all right to adjustment in the Agreement Sum or Agreement time due to such unauthorized extra work and Contractor thereafter shall be entitled to no compensation whatsoever for the performance of such work.
