Common use of Compensation for Services Clause in Contracts

Compensation for Services. 2.1 Amount. Contractor will invoice the following amounts for Work that the JBE has accepted: a. A fixed hourly rate for both a senior resource (greater than 10 years of relevant work experience) and a less-senior resource (greater than 3 but less than 10 years of relevant work experience) for all Classification and corresponding Regions, as discussed between the parties and ultimately determined by the JBE, listed in Exhibit 2, Pricing, to Appendix B. The fixed hourly rate is a standard rate regardless of full-time continuous or part-time ad hoc assignment, whether on-site or remote, inclusive of travel to the assigned office at the JBE. Resources time may be billed at a rate lower than published in this Agreement if appropriate for the specific resource but must not exceed the fixed hourly rate. b. The rates in Exhibit 2, to Appendix B are maximum hourly rates for the Initial Term of the Agreement. Contractor may charge lower rates when responding to a Request for Offer (“RFO”). c. Billing must be for actual time worked, to the nearest half hour increment. d. The JBE’s do not pay higher rate for overtime, weekend, or holiday work, The JBE’s does not anticipate reimbursing Contractor for any travel, living or any other ancillary charges incurred by Contractor’s consultants as part of the Work. Nonetheless, if the JBE, in its sole and absolute discretion, authorizes such payment during the Term of the Agreement, it shall be subject to the JBE’s then current travel, living, or other applicable policies and/or guidelines. e. All hourly rates shall remain firm fixed for the full duration of the three