Guaranteed Minimum. In the event the Consultant is not issued any Task Orders hereunder and the Consultant has, throughout the base term of the Contract excluding any extended or renewed term of the Contract, submitted reasonable Proposals for specific Projects, the City agrees to pay, and the Consultant agrees to accept, the minimum fee of $2,500. The Consultant further agrees that under such circumstances, it has no action for damages or for loss of profits against the City.
Appears in 2 contracts
Sources: Standard Requirements Contract for Architectural Design and Related Services, Standard Requirements Contract for Technical Design and Related Services
Guaranteed Minimum. In the event the Consultant is not issued any Task Orders hereunder and the Consultant has, throughout the base term of the Contract excluding any extended or renewed term of the Contract, submitted reasonable Proposals for specific Projects, the City agrees to pay, and the Consultant agrees to accept, the a minimum fee of $2,500. The Consultant further agrees that under such circumstances, it has no action for damages or for loss of profits against the City.
Appears in 1 contract
Sources: Requirements Contracts for Engineering Design and Related Services
Guaranteed Minimum. In the event the Consultant is not issued any Task Orders hereunder and the Consultant has, throughout the base term of the Contract excluding any extended or renewed term of the Contract, submitted reasonable Proposals for specific Projects, the City agrees to pay, and the Consultant agrees to accept, the minimum a fee of $2,500. The Consultant further agrees that under such circumstances, it has no action for damages or for loss of profits against the City.
Appears in 1 contract
Sources: Requirements Contract for Engineering Design and Related Services