Contract Price and Payments Sample Clauses

Contract Price and Payments. The contract price is specified at §2 on page one (1). Contractor may apply for progress payments on a monthly basis. Contractor shall submit a signed invoice covering the work completed to that date, and accompanied by supporting documentation to the County’s satisfaction. Progress payments will be in an amount equal to 95 percent (95%) of the work completed. Contractor may substitute securities for any retention as set forth in PCC Sec. 22300. Pursuant to PCC Sec. 20104.50, each payment request shall be reviewed by County as soon as practicable after receipt. Any request not suitable for payment shall be returned promptly, and in no event later than seven calendar days from its date of receipt. A request that is returned unpaid shall be accompanied by a written explanation by the County. The number of days available by the County to make a payment without incurring interest pursuant to PCC Sec. 20104.50 shall be reduced by the number of days by which the County exceeds the seven day return requirement. Payment of any retention for the completed project will not be due until at least 35 days after the recording of the Notice of Completion, or no later than 60 days after completion of the Project as defined in PCC Sec. 7107, whichever occurs first. Payment may be made earlier if the County receives from each and every subcontractor and supplier an ‘Unconditional Waiver and Release Upon Final Payment’ in the form prescribed by Civil Code Section 3262(d). Acceptance of final payment will be deemed a waiver of all claims except those which were timely made pursuant to claims and civil action procedures described in Exhibit A. Invoices, or other applications for County payment, shall contain detailed full documentation of all work performed and all reimbursable expenses incurred. Where the Scope of Work is divided into tasks, invoices shall detail the related expenditures accordingly. No expense will be reimbursed without documentation.

Contract Price and Payments. UNIDO shall pay the Contractor for the full and proper performance of its obligations under the Contract the sum of United States Dollars xxxxxxxxxxxxxxxxxxxxxxxx (USD xxxxxxxxxxx) (hereinafter referred to as the “Contract Price”). UNIDO shall pay the Contractor, for the full and proper performance of its obligations under this Contract, the fix and firm all-inclusive unit prices indicated in the Contractor’s Price List (Annex xx) which shall be valid for at least xx years (i.e. from xxxxxxxxxxxxxx to xxxxxxxxxxxxxxx). During the above period, the unit prices are fixed and not subject to escalation. However, in case of extension of the Contract, prices may be adjusted, if an when applicable, once a year to cover increase/decrease in labour costs, product costs or other direct costs if in conformity with the annual price adjustment published by the xxxxx . Such adjustment, if any, shall not be made before xxx and must be documented by the Contractor accordingly. UNIDO shall pay the Contractor for each e-mail work order placed by the UNIDO Focal Point or its representative(s) in accordance with the terms of this Contract. The Contractor acknowledges that total payments by UNIDO under this Contract shall not exceed the Contract Price. The amounts prescribed in Annex E are exclusive of Value Added Tax (VAT). The Not to Exceed (NTE) Amount of this Contract is Euro xxxxxxxxxxxxxxxxxxxxxx (€ xxxxxxxxxxx) (+ VAT) for the initial period of three (3) years. The total NTE Amount is not subject to escalation. It is to be understood that UNIDO is not obliged to purchase up to the whole amount of the Contract. This sum shall cover all expenses incurred by the Contractor including, but not limited to the cost of the equipment and supplies rendered at the Work Site, the complete engineering and technical services and technical documentation, the remuneration of the Contractor's personnel and all other compensations, insurance and social charges as well as its overheads, technical assistance and supervision costs. Partial payments may be allowed only upon additional agreement between UNIDO and the Contractor. In case the Contractor elects to propose a discount (SCONTO) for accelerated payment, the payment period shall be counted from the date of receipt by UNIDO of the Contractor’s invoice. The making of any payment hereunder by UNIDO shall not be construed as an unconditional acceptance by UNIDO of the Work accomplished, or the equipment or technical documentation deliver...

Contract Price and Payments. Owner agrees to pay Contractor the total amount of $________ (the “Contract Price”). Payment of this amount is subject to additions or deductions in accordance with any mutually agreed to changes and/or modifications in the Work. Payment will be made by (Check one) ☐ cash ☐ personal check ☐ cashier’s check ☐ money order ☐ credit card or debit card ☐ wire transfer ☐ other: __________, according to the following schedule: Deposit (Check one) ☐ A deposit is NOT required. ☐ $__________ deposit, due upon the execution of this Agreement. Installments (Check one) ☐ There will be NO installment payments. ☐ Installment will be paid at set intervals. $________ due ☐ every week ☐ every month ☐ other: __________ from the completion of the Work. ☐ Installments will be paid upon the completion of the following milestones: $________ due upon __________ [Milestone] $________ due upon __________ [Milestone] $________ due upon __________ [Milestone] $________ balance due upon completion of the Work.

Contract Price and Payments. 2.1 The total of all implementation contract payments shall be a not to exceed price of $6,267,553 (the “Contract Price”). Construction progress payments shall be made to ESCO monthly based on the percentage completion of items delineated on a “Schedule of Values” completed during the prior month. The Schedule of Values will be developed by ESCO and provided to Customer at the beginning of project implementation. The Schedule of Values will be based upon the project cost less the Project Mobilization Payment. The Schedule of Values shall be prepared in such form and supported by such data to substantiate its accuracy as the Customer may require including, but not limited to, Subcontractors’ breakdown of their respective costs into a schedule of values as required by the Customer. 2.2 ESCO may submit “Payment Request Forms” and payments shall be made to ESCO on a monthly basis during construction. ESCO shall submit the Payment Request Form to the Customer requesting payment to ESCO in an amount equal to the value of services rendered since the last interim payment as shown on the most recent Schedule of Values provided during installation. The most recent Schedule of Values submitted by the ESCO shall be used as a basis for reviewing the Payment Request Forms. The Customer may reject any Payment Request Form, or any part thereof, in the event the work for which the Payment Request has been submitted has not been completed or has been rejected by the Customer. If any payment is over ten (10) days late from the due date, Customer shall pay to ESCO a 1% late penalty per month and ESCO reserves the right to terminate this Contract due to non-payment upon seven (7) days prior written notice. The Customer shall have thirty (30) days to review and process Payment Requests. Payments, minus five percent (5%) retainage, shall be made within thirty (30) days of submission of Payment Requests for all parts of each Payment Request accepted by the Customer. ESCO may request payment of amounts held as retainage at Substantial Completion. 2.3 Within thirty (30) days of the Date of Commencement, Customer shall make payment to ESCO for expenses incurred to date and project mobilization expenses, including but not limited to engineering, project start-up and mobilization, equipment and material procurement, bonds and other expenses incurred to date (“Project Mobilization Payment”) in the amount of not to exceed 10% of the implementation contract payment total of the Contract ...

Contract Price and Payments. 9.1 The Contract Price and the terms and schedule of payment shall be as set out in Annex C (Contract Price, and Payment Schedule). 9.2 This Agreement is a turnkey contract. The Contract Price is a lump sum price which includes all contingencies necessary to ensure compliance with the performance criteria set out in the Specifications. The Buyer shall not be liable for any additional costs for variations to the scope of the Equipment in order to secure compliance with the performance criteria of this Agreement. 9.3 The Contractor agrees that the Contract Price, and any other charges quoted in this Agreement, shall not be increased except in accordance with Clause 13. 9.4 The Contractor shall submit its invoices with supporting documents in triplicate to the Buyer at the address stated below or such other address and location as the Buyer may direct in writing:- Tel.: ▇▇▇▇▇▇▇▇ E-mail: ▇▇▇▇▇▇_▇▇▇▇▇@▇▇▇▇.▇▇▇.▇▇ 9.5 The Contract Price (together with GST thereon) shall be paid by the Buyer in accordance with the Payment Schedule set out in Annex C (Contract Price, Price Summary and Payment Schedule), after receipt of invoice together with all supporting documents from the Contractor. Each invoice for the relevant part of the Contract Price or the charges, as the case may be, shall be issued to the Buyer after the corresponding relevant stage of the supply of the Equipment has been duly completed and accepted by the Buyer in accordance with this Agreement, specifying the amount payable by the Buyer and attaching evidence of acceptance of the Equipment by the Buyer. The Buyer shall pay all undisputed charges within sixty (60) days of receipt of an invoice and all supporting documents. 9.6 The Parties shall use their best endeavours to resolve such disputes or differences in relation to the disputed charges in accordance with the dispute resolution process/procedure as contained in Clause 24. 9.7 Unless otherwise specified, all invoices will be billed in Singapore dollars and all payments required to be made under this Agreement shall be made in Singapore dollars. 9.8 Unless otherwise specified herein or agreed, all permits, licenses, royalties and fees whatsoever claimable by or payable to any person, firm or corporation or government or in connection with intellectual property used or required to be used in connection with the Contractor’s obligations under this Agreement are deemed to be included in the Contract Price, and shall be for the account of the Contra...

Contract Price and Payments. The client agrees to pay the contractor the amount of $ for the total completion of the project. The client will be paid in increments of $ after each of the above mentioned tasks have been completed. Payments must be made by the client within no more than 30 calendar days of task completion.

Contract Price and Payments. Owner agrees to pay Contractor the total amount of $ (the “Contract Price”). Payment of this amount is subject to additions or deductions in accordance with any mutually agreed to changes and/or modifications in the Work. Payment will be made by (Check one) ☐ cash ☐ personal check ☐ cashier’s check money order ☐ credit card or debit card wire transfer ☐ other: , according to the following schedule: ☐ ☐ A deposit is NOT required. $ deposit, due upon the execution of this Agreement. ☐ ☐ There will be NO installment payments. Installment will be paid at set intervals. $ due ☐ every week ☐ every month ☐ other: ☐ Installments will be paid upon the completion of the following milestones: • $ due upon [Milestone] • $ due upon [Milestone] • $ due upon [Milestone] $ balance due upon completion of the Work.

Contract Price and Payments. Owner agrees to pay Contractor the total amount of $ (the

Contract Price and Payments a) This is a Fixed Price Contract not to exceed One Hundred Ninety-Six Thousand Eight Hundred and Fifty Dollars. ($196,850.00). Owner shall pay Contactor, in current funds for the performance of the Work, subject to additions and deductions by written Change Order agreed by the parties. 100% of the Contract Price shall be paid upon the total completion of the Work as the Work is specified in Composite Exhibit “A”. b) Any objections to Work performed shall be given in writing to Contractor. If no objections are made, then at the time of the total completion of the Work as the Work is specified in Composite Exhibit “A”, payment shall be tendered to Contractor, and Contractor shall submit simultaneously a Contractor's Final Affidavit and final Release of Lien, utilizing forms which the Owner approves indicating that all subcontractors, laborers, rnaterial men and suppliers have been paid for the Work completed. Failure of Owner to make objection provided for in this paragraph shall not waive any right the Owner has under this Contract nor relieve the Contractor from any of its obligations under this Contract, nor shall payment by the Owner constitute a waiver of any claims it may have against the Contractor. In no event shall Owner be required to make payments which are not proper under Chapter 713, Florida Statutes c) As a prerequisite to receiving the payment provided in Paragraph 3(a), the Contractor shall submit to the Owner Contractor’s Final Affidavit and Final Release of Lien for Work completed or materials supplied or, and Final Releases of lien all persons or entities who supplied labor or materials for the Work, or to the job, who are not in privity with the Owner. All Work under this Contract shall be subject to the approval of the Owner, and no payment shall be due under the Contract if Owner does not approve of the Work completed. The payment described in paragraph 3(a) may be withheld by Owner on account of defective Work not remedied, claims filed, reasonable evidence indicating probability of filing claims, failure of Contractor to make payments properly to subcontractor or for material or labor, or the reasonable belief of Owner after consultation with the O.R. or Engineer that the Work to be performed under this Contract which remains unfinished cannot be completed for the balance then unpaid. If any of the foregoing said causes is not removed or timely cured or if Contractor at any time shall refuse or neglect to adequate and competent supe...