Common use of Consideration and Compensation Clause in Contracts

Consideration and Compensation. Service Provider will be compensated based on a fixed rate as set out in Exhibit “A.” The not-to-exceed amount under this MSA is Five Hundred Thousand Dollars ($500,000) per term, unless amended and approved by Williamson County Commissioners Court. Payment for goods and services shall be governed by Chapter 2251 of the Texas Government Code. An invoice shall be deemed overdue the 31st day after the later of (1) the date the County receives the goods under the contract; (2) the date the performance of the service under the contract is completed; or (3) the date the Williamson County Auditor receives an invoice for the goods or services. Interest charges for any overdue payments shall be paid by the County in accordance with Texas Government Code Section 2251.025. More specifically, the rate of interest that shall accrue on a late payment is the rate in effect on September 1 of the County’s fiscal year in which the payment becomes due. The said rate in effect on September 1 shall be equal to the sum of one percent (1%) and the prime rate published in the Wall Street Journal on the first day of July of the preceding fiscal year that does not fall on a Saturday or Sunday.

Consideration and Compensation. Service Provider will be compensated based on a fixed rate as sum for the specific project herein. The amount of compensation paid to Service Provider for the services shall be capped and paid in the amount set out in Exhibit “A.A” The not-to-exceed amount under this MSA is Five Hundred Thousand Dollars ($500,000) per term, unless amended and approved upon final completion of the services as determined by Williamson County Commissioners CourtCounty. Payment for goods and services shall be governed by Chapter 2251 of the Texas Government Code. An invoice shall be deemed overdue the 31st day after the later of (1) the date the County receives the goods under the contract; (2) the date the performance of the service under the contract is completed; or (3) the date the Williamson County Auditor receives an invoice for the goods or services. Interest charges for any overdue payments shall be paid by the County in accordance with Texas Government Code Section 2251.025. More specifically, the rate of interest that shall accrue on a late payment is the rate in effect on September 1 of the County’s fiscal year in which the payment becomes due. The said rate in effect on September 1 shall be equal to the sum of one percent (1%); and (2) and the prime rate published in the Wall Street Journal on the first day of July of the preceding fiscal year that does not fall on a Saturday or Sunday.

Consideration and Compensation. Service Provider will be compensated based on a fixed an hourly rate for the specific project herein as set out in Exhibit “A.” A”. The notamount of compensation paid to Service Provider for the services shall be capped at one hundred fifty-to-exceed amount under this MSA is Five Hundred Thousand Dollars three thousand nine hundred ($500,000) per term, unless amended and approved by Williamson County Commissioners Court153,900). Payment for goods and services shall be governed by Chapter 2251 of the Texas Government Code. An invoice shall be deemed overdue the 31st day after the later of (1) the date the County receives the goods under the contract; (2) the date the performance of the service under the contract is completed; or (3) the date the Williamson County Auditor receives an invoice for the goods or services. Interest charges for any overdue payments shall be paid by the County in accordance with Texas Government Code Section 2251.025. More specifically, the rate of interest that shall accrue on a late payment is the rate in effect on September 1 of the County’s fiscal year in which the payment becomes due. The said rate in effect on September 1 shall be equal to the sum of one percent (1%); and (2) and the prime rate published in the Wall Street Journal on the first day of July of the preceding fiscal year that does not fall on a Saturday or Sunday.

Consideration and Compensation. Service Provider will be compensated based on a fixed hourly rate as set out in Exhibit “A.A” upon final completion of the services as determined by County. The not-to-exceed amount under this MSA Contract is Five Two Hundred Fifty Thousand Dollars ($500,000) per term250,000.00), unless amended by a change order and approved by Williamson County Commissioners Court. Payment for goods and services shall be governed by Chapter 2251 of the Texas Government Code. An invoice shall be deemed overdue the 31st day after the later of (1) the date the County receives the goods under the contract; (2) the date the performance of the service under the contract is completed; or (3) the date the Williamson County Auditor receives an invoice for the goods or services. Interest charges for any overdue payments shall be paid by the County in accordance with Texas Government Code Section 2251.025. More specifically, the rate of interest that shall accrue on a late payment is the rate in effect on September 1 of the County’s fiscal year in which the payment becomes due. The said rate in effect on September 1 shall be equal to the sum of one percent (1%); and (2) and the prime rate published in the Wall Street Journal on the first day of July of the preceding fiscal year that does not fall on a Saturday or Sunday.

Consideration and Compensation. Service Provider will be compensated based on a fixed rate as rates set out in the attached Exhibit “A.” A”, which is incorporated herein as if copied in full. The not-to-to- exceed amount under this MSA is Five Hundred Thousand Dollars (Contract shall be $500,000) per term17,500.00, unless amended by a change order and approved by the Williamson County Commissioners Court. Payment for goods and services shall be governed by Chapter 2251 of the Texas Government Code. An invoice shall be deemed overdue the 31st day after the later of (1) the date the County receives the goods under the contract; (2) the date the performance of the service under the contract is completed; or (3) the date the Williamson County Auditor receives an invoice for the goods or services. Interest charges for any overdue payments shall be paid by the County in accordance with Texas Government Code Section 2251.025. More specifically, the rate of interest that shall accrue on a late payment is the rate in effect on September 1 of the County’s fiscal year in which the payment becomes due. The said rate in effect on September 1 shall be equal to the sum of one percent (1%); and (2) and the prime rate published in the Wall Street Journal on the first day of July of the preceding fiscal year that does not fall on a Saturday or Sunday.

Consideration and Compensation. Service Provider will be compensated based on a fixed rate sum as set out in Exhibit “A.” A”. The not-to-exceed amount under this MSA is shall be Forty-Eight Thousand Eight Hundred Twenty-Five Hundred Thousand Dollars ($500,000) per term, unless amended and approved by Williamson County Commissioners Court48,825.00). Payment for goods and services shall be governed by Chapter 2251 of the Texas Government Code. An invoice shall be deemed overdue the 31st day after the later of (1) the date the County receives the goods under the contract; (2) the date the performance of the service under the contract is completed; or (3) the date the Williamson County Auditor receives an invoice for the goods or services. Interest charges for any overdue payments shall be paid by the County in accordance with Texas Government Code Section 2251.025. More specifically, the rate of interest that shall accrue on a late payment is the rate in effect on September 1 of the County’s fiscal year in which the payment becomes due. The said rate in effect on September 1 shall be equal to the sum of one percent (1%); and (2) and the prime rate published in the Wall Street Journal on the first day of July of the preceding fiscal year that does not fall on a Saturday or Sunday.