Fixed Contract Price. In consideration of the Contractor’s performance of the Work pursuant to this Agreement, the Owner shall pay to the Contractor as compensation therefore, no more than the sum of twelve million one thousand three hundred eighty-two dollars ($12,001,382) (the “Fixed Contract Price”), subject to adjustment and final reconciliation pursuant to the terms of this Agreement and all applicable sales, use, purchase or similar taxes (collectively, the “Sales Taxes”). The breakdown of the Fixed Contract Price is attached hereto as Schedule 6. The Parties expressly agree that Schedule 6 is based upon certain reasonable cost assumptions. On a monthly basis, Actual Costs shall be reconciled against the Fixed Contract Price.
Appears in 1 contract
Sources: Engineering, Procurement & Construction Agreement (SolarBank Corp)
Fixed Contract Price. In consideration of the Contractor’s performance of the Work pursuant to this Agreement, the Owner shall pay to the Contractor as compensation therefore, no more than the sum of twelve million one thousand three hundred eighty-two dollars ($12,001,38212,000,328) (the “Fixed Contract Price”), subject to adjustment and final reconciliation pursuant to the terms of this Agreement and all applicable sales, use, purchase or similar taxes (collectively, the “Sales Taxes”). The breakdown of the Fixed Contract Price is attached hereto as Schedule 6. The Parties expressly agree that Schedule 6 is based upon certain reasonable cost assumptions. On a monthly basis, Actual Costs shall be reconciled against the Fixed Contract Price.
Appears in 1 contract
Sources: Engineering, Procurement & Construction Agreement (SolarBank Corp)
Fixed Contract Price. In consideration of the Contractor’s performance of the Work pursuant to this Agreement, the Owner shall pay to the Contractor as compensation therefore, no more than the sum of twelve million one thousand three hundred eighty-two dollars ($12,001,38212,008,516) (the “Fixed Contract Price”), subject to adjustment and final reconciliation pursuant to the terms of this Agreement and all applicable sales, use, purchase or similar taxes (collectively, the “Sales Taxes”). The breakdown of the Fixed Contract Price is attached hereto as Schedule 6. The Parties expressly agree that Schedule 6 is based upon certain reasonable cost assumptions. On a monthly basis, Actual Costs shall be reconciled against the Fixed Contract Price.
Appears in 1 contract
Sources: Engineering, Procurement & Construction Agreement (SolarBank Corp)