Common use of Basis of Charges Clause in Contracts

Basis of Charges. 5.1 [In consideration for the provision of the services of the Secondee hereunder, the CONTRACTOR shall pay the AUTHORITY a fee of [£] per [quarter], such figure representing all salaries, bonus payment, insurances, employer’s liability insurance, pension contributions, holiday and sickness pay, tax and both employees’ and employer’s National Insurance contributions incurred by the AUTHORITY employing the Secondee during the Secondment Period with any Value Added Tax thereon. 5.2 The AUTHORITY will render [quarterly] invoices in arrears to the CONTRACTOR in respect of the fees referred to above commencing on [to be completed]. The CONTRACTOR will pay the fees within [28] days of receipt of an invoice.]

Basis of Charges. 5.1 [In consideration for the provision of the services of the Secondee hereunder, the CONTRACTOR AUTHORITY shall pay the AUTHORITY CONTRACTOR a fee of [£] per [quarter], such figure representing all salaries, bonus payment, insurances, employer’s liability insurance, pension contributions, holiday and sickness pay, tax and both employees’ and employer’s National Insurance contributions incurred by the AUTHORITY CONTRACTOR employing the Secondee during the Secondment Period with any Value Added Tax thereon. 5.2 The AUTHORITY CONTRACTOR will render [quarterly] invoices in arrears to the CONTRACTOR AUTHORITY in respect of the fees referred to above commencing on [to be completed]. The CONTRACTOR AUTHORITY will pay the fees within [28] days of receipt of an invoice.]