Common use of Compensation for Services Provided Clause in Contracts

Compensation for Services Provided. As compensation to the CONTRACTOR for the performance of the professional services, the City agrees to pay the CONTRACTOR an amount not to exceed $322,000. CONTRACTOR shall invoice the CITY monthly for actual work completed. Payment shall be made at the completion of services with the submission of a monthly itemized invoice approved by the City employee coordinating this service. City shall pay CONTRACTOR’s monthly itemized invoice within 30 days receipt of such proper invoice, as is consistent with Ohio Prompt Payment laws. In the performance of its professional services, CONTRACTOR will use the degree of care and skill ordinarily exercised performing the same or similar services under similar conditions in a similar location. No other warranties, express or implied, are made or intended. CONTRACTOR shall perform all work required under this CONTRACT in accordance with the mutually agreed upon schedule. Any unreasonable delay by CONTRACTOR in the performance of such work shall be a breach of this CONTRACT. In the event that this CONTRACTis terminated as provided herein, the City shall not be obligated to compensate the CONTRACTOR for any service rendered after the effective date of any termination under this CONTRACT. A final invoice for services rendered shall be submitted within thirty (30) days after the effective date of termination under this CONTRACT.

Compensation for Services Provided. As compensation to the CONTRACTOR for the performance of the professional services, the City agrees to pay the CONTRACTOR an amount not to exceed $322,000(contract value). CONTRACTOR shall invoice the CITY monthly for actual work completed. Payment shall be made at the completion of services with the submission of a monthly itemized invoice approved by the City employee coordinating this service. City shall pay CONTRACTOR’s monthly itemized invoice within 30 days receipt of such proper invoice, as is consistent with Ohio Prompt Payment laws. In the performance of its professional services, CONTRACTOR will use abide by the degree standards of care performance, errors and skill ordinarily exercised performing the same or similar services under similar conditions omissions as established in a similar locationSection 4.0. No other warranties, express or implied, are made or intended. CONTRACTOR shall perform all work required under this CONTRACT in accordance with the mutually agreed upon schedule. Any unreasonable delay by CONTRACTOR in the performance of such work shall be a breach of this CONTRACT. In the event that this CONTRACTis terminated as provided herein, the City shall not be obligated to compensate the CONTRACTOR for any service rendered after the effective date of any termination under this CONTRACT. A final invoice for services rendered shall be submitted within thirty (30) days after the effective date of termination under this CONTRACT.