Common use of Compensation and Payment Schedule Clause in Contracts

Compensation and Payment Schedule. In full consideration for the services performed by RCUH under this Agreement, the Department agrees to pay to the RCUH a total sum of money not to exceed ($ ), which shall be paid in accordance with and subject to the following: a. Advance payment by the Department to RCUH of $ , estimated one-month of expenditure, shall be made upon full execution of this agreement and receipt of RCUH invoice. b. Subsequent payment by the Department to RCUH shall be made monthly based on monthly billing of actual expenditures prepared by RCUH and shall include indirect cost fees at . The RCUH shall establish a separate account for the project and submit monthly reports on expenditures made from the account. The account may only be used for purposes explicitly described in this Project Agreement. c. Invoices to be emailed to:

Appears in 2 contracts

Sources: Project Agreement, Project Agreement for Administrative Services

Compensation and Payment Schedule. In full consideration for the services performed by RCUH under this Agreement, the Department agrees to pay to the RCUH a total sum of money not to exceed ($ ), which shall be paid in accordance with and subject to the following: a. Advance payment by the Department to RCUH of $ , estimated one-month of expenditure, shall be made upon full execution of this agreement and receipt of RCUH invoice. b. Subsequent payment by the Department to RCUH shall be made monthly based on monthly billing of actual expenditures prepared by RCUH and shall include indirect cost fees at . The RCUH shall establish a separate account for the project and submit monthly reports on expenditures made from the account. The account may only be used for purposes explicitly described in this Project Agreement. c. Invoices to shall be emailed to:

Appears in 1 contract

Sources: Project Agreement