Budget and Method of Compensation Clause Samples

Budget and Method of Compensation. With the submission of original monthly bills together with proper support documentation, for the services described in Section A. of this Agreement, the Subrecipient will be reimbursed on a monthly basis according to the following schedule: For day care services: A pro rata share of the Subrecipient’s allowable monthly expenses for the provision of day care services as supported by a cost allocation plan prepared in accordance with OMB Circular A-122 and the Department of Health and Human Services Publication OASMB-5. FTE day-care slots may be used as the allocation basis for the plan if it can be shown that this basis provides for an equitable distribution of the indirect costs. Aggregate monthly ▇▇▇▇▇▇▇▇ are limited to $7,500.00. $500.00 per month. Example #2: Sample Scope of Services/Schedule of Payment for HOUSING REHABILITATION ACTIVITIES‌
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Budget and Method of Compensation. At a minimum of once per quarter, the Subrecipient shall provide the Grantee expense information for the services described in Section A. of this Agreement.
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Budget and Method of Compensation. Subrecipient will submit, at a minimum, quarterly requests for reimbursements of expenditures made on behalf of the Program within the following project budget line items: Project Budget Amount Security Deposit $ 20,000 Utility Deposit $ 20,000 Rental Subsidy $ 410,000 TBRA Case Management $15,000 LBP Visual Inspection $16,000 HQS Inspection $4000 Administration $15,000 Total $ 500,000 Utility deposit assistance is capped at $500 per household and may be used only for utilities permitted under the Section 8 utility allowance. This includes gas, electric, water/sewer, and trash, but does not include telephone or cable television. Security Deposit is a one-time expense per household and is limited to a maximum of two-month’s rent. Rent limit is the Fair Market Rent established by HUD annually, inclusive of utilities. Currently the FMR limits for Pueblo are listed as: Available Bedroom Efficiency One Two Three Four 2020 FMR $ 632 $ 636 $ 838 $ 1140 $ 1,321 The City will monitor the performance of the Subrecipient against the goals and performance standards required herein. Substandard performance as determined by the City will be considered non-compliance with this Agreement. If actions to correct such substandard performance are not taken by the Subrecipient within a reasonable period of time after Subrecipient is notified by the City contract suspension or termination procedures will be initiated. Services shall start on June 15, 2020 and end on June 30, 2022. The term of this agreement and the provisions herein shall be extended to cover any additional time period during which the Subrecipient remains in control of HOME funds and other assets including program income.
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Budget and Method of Compensation. With the submission of original monthly bills together with proper support documentation, for the services described in Section A. of this Agreement, the Subrecipient will be reimbursed on a monthly basis according to the following schedule: For day care services: A pro rata share of the Subrecipient’s allowable monthly expenses for the provision of day care services as supported by a cost allocation plan prepared in accordance with OMB Circular A-122 and the Department of Health and Human Services Publication OASMB-5. FTE day-care slots may be used as the allocation basis for the plan if it can be shown that this basis provides for an equitable distribution of the indirect costs. Aggregate monthly ▇▇▇▇▇▇▇▇ are limited to $7,500.00. For transportation services: The actual direct costs and any allocable indirect costs incurred by the Subrecipient for the provision of day care-related transportation for authorized, enrolled children from low- and moderate-income families during the month in question, up to an aggregate limit of $500.00 per month.
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Budget and Method of Compensation. Subrecipient will submit, at a minimum, quarterly requests for reimbursements of expenditures made on behalf of the Program.
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Budget and Method of Compensation. With the submission of original monthly bills together with proper support documentation, for the services described in Section A. of this Scope of Services, reimbursement for expenditures will be transferred into the First 5 Fund on a monthly basis according to the following schedule:
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Budget and Method of Compensation. The Subrecipient will submit reimbursement requests for services rendered, operating expenditures and materials purchased supported by original invoices. Approved budget is as follows: Other: Motel Reimbursement/Shelter $ 10,000 Case Management $ 7,500 Supplies, Clothing, Food $ 2,500 Total $20,000
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Budget and Method of Compensation. The Subrecipient will submit reimbursement requests for salaries, services rendered, operating expenditures and materials purchased supported by original invoices. Approved budget is as follows: Contract Year 2020 Contract Year 2021 Staffing $40,000 $40,000 Security Services $10,000 $10,000 Contracted Services $7,500 $7,500 Shelter Operations $5,000 $5,000 Total Grant $62,500 $62,500
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Related to Budget and Method of Compensation

  • Method of Compensation It is understood by the parties that, insofar as pay is concerned, employees temporarily filling a position in a higher broadband level shall be paid according to the same compensation method as promoted employees pursuant to the Rules of the State Personnel System.

  • Compensation and Method of Payment Subject to any limitations set forth below or elsewhere in this Agreement, District agrees to pay Consultant the amounts specified in Exhibit B “Compensation”. The total compensation, including reimbursement for actual expenses, shall not exceed Three Thousand Two Hundred Fifty Dollars ($3,250.00), unless additional compensation is approved in writing by the District. a. Each month Consultant shall furnish to District an original invoice for all work performed and expenses incurred during the preceding month. The invoice shall detail charges by the following categories: labor (by sub-category), travel, materials, equipment, supplies, and sub-consultant contracts. Sub-consultant charges, if any, shall be detailed by the following categories: labor, travel, materials, equipment and supplies. District shall independently review each invoice submitted by the Consultant to determine whether the work performed and expenses incurred are in compliance with the provisions of this Agreement. In the event that no charges or expenses are disputed, the invoice shall be approved and paid according to the terms set forth in subsection b. In the event any charges or expenses are disputed by District, the original invoice shall be returned by District to Consultant for correction and resubmission. b. Except as to any charges for work performed or expenses incurred by Consultant which are disputed by District, District will use its best efforts to cause Consultant to be paid within forty-five (45) days of receipt of Consultant’s correct and undisputed invoice. c. Payment to Consultant for work performed pursuant to this Agreement shall not be deemed to waive any defects in work performed by Consultant.

  • Your Compensation (a) Your concession, if any, on your sales of Portfolio shares will be as provided in the Prospectus or in the applicable schedule of concessions issued by us and in effect at the time of our sale to you. Upon written notice to you, we or any Portfolio may change or discontinue any schedule of concessions, or issue a new schedule. (b) If a Portfolio has adopted a plan pursuant to Rule 12b-1 under the Investment Company Act of 1940 (a "Plan"), we may make distribution payments or service payments to you under the Plan. If a Portfolio does not have a currently effective Plan, we or Fidelity Management & Research Company may make distribution payments or service payments to you from our own funds. Any distribution payments or service payments will be made in the amount and manner set forth in the Prospectus or in the applicable schedule of distribution payments or service payments issued by us and then in effect. Upon written notice to you, we or any Portfolio may change or discontinue any schedule of distribution payments or service payments, or issue a new schedule. A schedule of distribution payments or service payments will be in effect with respect to a Portfolio that has a Plan only so long as that Portfolio's Plan remains in effect. (c) Concessions, distribution payments, and service payments apply only with respect to (i) shares of the "Fidelity Funds" (as designated on Schedule A attached to this Agreement) purchased or maintained for the account of Bank Clients, and (ii) shares of the "Fidelity Advisor Funds" (as designated on Schedule B attached to this Agreement). Anything to the contrary notwithstanding, neither we nor any Portfolio will provide to you, nor may you retain, concessions on your sales of shares of, or distribution payments or service payments with respect to assets of, the Fidelity Funds attributable to you or any of your clients, other than Bank Clients. When you place an order in shares of the Fidelity Funds with us, you will identify the Bank on behalf of whose Clients you are placing the order; and you will identify as a non-Bank Client Order, any order in shares of the Fidelity Funds placed for the account of a non-Bank Client. (d) After the effective date of any change in or discontinuance of any schedule of concessions, distribution payments, or service payments, or the termination of a Plan, any concessions, distribution payments, or service payments will be allowable or payable to you only in accordance with such change, discontinuance, or termination. You agree that you will have no claim against us or any Portfolio by virtue of any such change, discontinuance, or termination. In the event of any overpayment by us of any concession, distribution payment, or service payment, you will remit such overpayment. (e) If any Portfolio shares sold to you by us under the terms of this Agreement are redeemed by the issuing Portfolio or tendered for redemption by the customer within seven (7) business days after the date of our confirmation of your original purchase order for such shares, you agree (i) to refund promptly to us the full amount of any concession, distribution payment, or service payment allowed or paid to you on such shares, and (ii) if not yet allowed or paid to you, to forfeit the right to receive any concession, distribution payment, or service payment allowable or payable to you on such shares. We will notify you of any such redemption within ten (10) days after the date of the redemption.

  • Compensation and Fringe Benefits (a) The Company shall, during the Term of Employment, pay to the Executive as compensation for the performance of his duties and obligations a salary of $240,000 per annum. This compensation is subject to annual review and adjustment, as appropriate in the judgment of the Company. The compensation payable pursuant to this Section 5(a) shall be payable in equal semi-monthly installments on the last day of each such pay period. (b) The Executive shall be enrolled and participate in any retirement, group insurance and other fringe benefit plans and arrangements which are applicable to the similarly situated personnel of the Company and in effect from time to time, if the Executive is eligible therefor, in each case in accordance with and subject to the provisions thereof.

  • Services and Compensation Consultant shall perform the services described in Exhibit A (the “Services”) for the Company (or its designee), and the Company agrees to pay Consultant the compensation described in Exhibit A for Consultant’s performance of the Services.