Common use of Cost Structure Clause in Contracts

Cost Structure. El Cerrito shall pay Richmond the dollar amounts referenced in the table listed below: July 1, 2022, to June 30, 2023 $ 812,461 July 1, 2023, to June 30, 2024 $ 828,710 July 1, 2024, to June 30, 2025 $ 845,285 July 1, 2025, to June 30, 2026 $ 862,190 July 1, 2026, to June 30, 2027 $ 879,434 Richmond shall invoice El Cerrito monthly based the prorated annual amount. The monthly cost for services rendered under this Agreement shall be 1/12 of the annual cost, payable by the 10th day of each month.

Appears in 3 contracts

Sources: Agreement for Communication Services, Agreement for Communication Services, Communication Services Agreement