Common use of Compensation Terms Clause in Contracts

Compensation Terms. The compensation included in this contract is for regular and standard work performed under the General Property Tax Act (GPTA) during a typical assessing cycle/year. This compensation does not include work to bring the Municipality into compliance with STC standards of the GPTA. It is expected that the database is current and accurate and that prior assessment administration officials performed their duties correctly under the GPTA and STC standards. This subsection would apply to municipalities that we have worked with for less than three years.

Appears in 2 contracts

Sources: Assessing Services Agreement, Contract for Assessing Services