Common use of Engineering Fees Clause in Contracts

Engineering Fees. A. During the Contract Term, the Consultant will perform the Work described in Section 1 above for a fee based on the negotiated scope of work, schedule and applicable hours for each Task Order multiplied by hourly rates set forth on [Exhibit A] “Rates and Fees” (subject to adjustment in the manner prescribed in Section 6) B. Hourly pricing shall be firm and fixed during the Initial Term, and subject to Annual Economic Price Adjustments for each Renewal Term, if any. C. The maximum billing for Work performed during any contract year during which this Contract is in effect will be $6,000,000. No unused amounts may be carried forward from one contract year to another. Individual Task Orders will not exceed $2,500,000. ▇. ▇▇▇▇▇▇▇▇ for the Work, including all Direct Expenses, will not exceed the maximum estimated amount set forth in the Task Order without the prior written approval of FW. The parties to this Contract must agree to any changes in the maximum estimated amounts, which will then be incorporated into the corresponding Task Order by written amendment.

Engineering Fees. A. During the Contract Term, the Consultant will perform the Work described in Section 1 above for a fee based on the negotiated scope of work, schedule and applicable hours for each Task Order multiplied by hourly rates set forth on [Exhibit A] “Rates and Fees” (subject to adjustment in the manner prescribed in Section 6). B. Hourly pricing shall be firm and fixed during the Initial Term, and subject to Annual Economic Price Adjustments for each Renewal Term, if any. C. The maximum billing for Work performed during any contract year during which this Contract is in effect will be $6,000,000. No unused amounts may be carried forward from one contract year to another. Individual Task Orders will not exceed $2,500,000. ▇. ▇▇▇▇▇▇▇▇ for the Work, including all Direct Expenses, will not exceed the maximum estimated amount set forth in the Task Order without the prior written approval of FW. The parties to this Contract must agree to any changes in the maximum estimated amounts, which will then be incorporated into the corresponding Task Order by written amendment.