Contract Sum Payments Sample Clauses

Contract Sum Payments i. Subject to the provisions hereinafter set out, the Owner shall pay to the Contractor for the performance of this Agreement the following items in cash: 1. The actual cost of construction as defined in Section 3(b) below; plus 2. All cost associated with the project superintendent (including but not limited to payroll taxes, ▇▇▇▇▇▇▇’▇ compensation, insurance, and 3(c)(ii)) maximum of ($ ) per week, plus 3. A fee equal to ( ) (%) percent of the cost as described in 3(b) below ii. If, on completion of the Work, the Contractor has received cash payments in excess of (a) the actual cost of construction, plus (b) the cash fee specified in Section 3(a)(i)(1‐3), all such excess shall be refunded to the Owner.
Contract Sum Payments 

Related to Contract Sum Payments

  • Lump Sum Payments The retiring allowance shall be paid in annual instalments, to a maximum of three

  • Lump Sum Payment If an individual JOC Task Order is scheduled for Completion within forty-five (45) days or less, the County will make one payment after thirty (30) days of Work to the Contractor, exclusive of retention. Contractor may request for one payment (including retention payment); however, payment will be made after Final Acceptance of the JOC Task Order.

  • Minimum Payments (a) Where the employee is under 45 years of age, the employer shall pay the employee Less than 1 year Nil 1 year and less than 2 years 4 weeks pay 2 years and less than 3 years 7 weeks pay 3 years and less than 4 years 10 weeks pay 4 years and less than 5 years 12 weeks pay 5 years and less than 6 years 14 weeks pay 6 years and over 16 weeks pay. (b) Where the employee is 45 years of age or over, the employer shall pay the employee in accordance with the following scale: Less than 1 year Nil 1 year and less than 2 years 5 weeks pay 2 years and less than 3 years 8.75 weeks pay 3 years and less than 4 years 12.5 weeks pay 4 years and less than 5 years 15 weeks pay 5 years and less than 6 years 17.5 weeks pay 6 years and over 20 weeks pay

  • FILOT PAYMENTS Section 4.01

  • Premium Payments The insurance companies shall have no recourse against the County and funding agencies, its officers and employees or any of them for payment of any premiums or assessments under any policy issued by a mutual insurance company.