Common use of Basis for Calculating Reimbursement Costs Clause in Contracts

Basis for Calculating Reimbursement Costs. The minimum annual compensation under this agreement is $5,000, which shall cover up to 20 hours of veterinary services per year. The minimum annual compensation shall be payable quarterly in the amount of $1250. The provider shall submit quarterly invoices to TAMUSA. The quarterly invoices shall keep a running total of the time the provider spent rendering veterinary services. In the event the provider renders more than 20 hours of veterinary services in a year, the provider shall be paid for those additional services at the rate of $150 per hour. The provider’s invoices shall identify and generally describe the additional time spent providing veterinary services and the associated charges.

Basis for Calculating Reimbursement Costs. The minimum annual compensation under this agreement is $5,0003,500, which shall cover up to 20 10 hours of veterinary services per year. The minimum annual compensation shall be payable quarterly in the amount of $1250875. The provider shall submit quarterly invoices to TAMUSA. The quarterly invoices shall keep a running total of the time the provider spent rendering veterinary services. In the event the provider renders more than 20 10 hours of veterinary services in a year, the provider shall be paid for those additional services at the rate of $150 per hour. The provider’s invoices shall identify and generally describe the additional time spent providing veterinary services and the associated charges.