Fixed Project Payment Clause Samples

A Fixed Project Payment clause establishes that the compensation for a project will be a predetermined, lump-sum amount rather than being based on hourly rates or variable costs. This clause typically specifies the total payment due for the entire scope of work, regardless of the actual time or resources expended by the service provider. By setting a clear, upfront payment amount, it provides both parties with certainty regarding costs and helps prevent disputes over billing or scope changes during the project.
Fixed Project Payment. Return of and on Invested Equity Capital (if any) • Principal Payments • Interest Expense • Ongoing Lender Fees and Administrative Costs  Labor (Power Block, ASU & CPU)  Maintenance Materials & Contract Labor  Consumables & Chemicals (fixed portion only; if any)  Water and Water Treatment (fixed portion only; if any)  Lime/Limestone (fixed portion only; if any)  Waste Disposal (fixed portion only; if any)  Carbon Transport & Storage (fixed portion only)  Air Separation Unit (ASU) Fixed O&M (ex‐Labor)  Compression & Purification Unit (CPU) Fixed O&M (ex‐Labor)  ASU Fixed Fee for Capital Cost Recovery (if Over‐the‐Fence)  Purchased Power  Ongoing Legal, Environmental and Permitting, & Engineering Support  Insurance  General & Administrative  Security  Operator Fee  Interconnection & Transmission Costs  MISO Scheduling CoordinatorMajor Maintenance Sinking Fund  Decommissioning Sinking Fund  Local Property TaxesOther Taxes and Fees  Consumables & Chemicals  Water and Water Treatment  Lime/Limestone  Emissions Allowances  Waste Disposal  Carbon Transport & Storage Variable O&M  ASU Variable O&M  CPU Variable O&M  Delivered Fuel Costs (including all applicable taxes) • Boiler • Air Quality Control System • Steam Turbine Generator • ASU • CPU • Balance of PlantCapacity AttributesAncillary Service AttributesEnvironmental Attributes
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Fixed Project Payment. Return of and on Invested Equity Capital (if any)
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Related to Fixed Project Payment

  • Project Completion The Contractor agrees to schedule a final job walk with the County. If required, the County will prepare a list of incomplete items, the “Punch List”. The Contractor agrees to complete the “Punch List” corrections and schedule a final project completion job walk. The County will sign the “Punch List” as completed when determined, the project is finished. The Contractor agrees to submit the following along with its final payment request:

  • Project Completion Date It is agreed between the Parties that the Project Completion Date is <END DATE, YEAR>. If the Project is not completed by such date then, subject to an amendment agreed to between the Parties, Alberta Innovates may elect to terminate this Investment Agreement. In such event, Alberta Innovates will notify the Applicant of its decision to terminate as soon as reasonably practical and shall advise the Applicant of the effective date of termination. Alberta Innovates will have no liability or obligation to reimburse the Applicant for any Project Costs incurred after the effective date of termination and may require the Applicant to return any portions of the Investment which were spent on Ineligible Expenses. Additionally, any portion of the Investment not used and accounted for in accordance with this Agreement as of the Project Completion Date or earlier termination is repayable by the Applicant to AI at AI’s request.

  • Project Costs Simultaneously with the execution of this Agreement, the Company shall disclose to the Department all of the Project Costs which the Company seeks to include for purposes of determining the limitation of the amount of the Credit pursuant to Section 5-30 of the Act and provide to the Department a Schedule of Project Costs in the form as attached hereto as Exhibit C.

  • Project Closeout a. Participate in final inspection to prepare punch lists for project contractor to correct and/or to complete listed items. Verify that items on punch lists have been completed successfully assist COUNTY Project Manager or designee to determine completion date and coordinate project close out. a. Coordinate the preparation, acceptance and distribution of project closeout documents in accordance with COUNTY Project Manager or designee procedures to clients.

  • Project Completion Report At the completion of construction and once a Project is placed in service, the Subrecipient must submit a Project Completion Report that includes the total number of units built and leased, affordable units built and leased, DR-MHP units built and leased, an accomplishment narrative, and the tenants names, demographics and income for each DR-MHP unit.