Methods of Payment for Services and Expenses of Consultant Clause Samples

The "Methods of Payment for Services and Expenses of CONSULTANT" clause defines how the consultant will be compensated for their work and reimbursed for any related expenses. It typically outlines acceptable payment methods, such as bank transfers or checks, and may specify the timing and documentation required for payments, like submitting invoices or receipts. This clause ensures both parties have a clear understanding of the payment process, reducing the risk of disputes over compensation and expense reimbursement.
Methods of Payment for Services and Expenses of Consultant. 5.1 For Services set forth in Paragraph 2.3 of this Agreement: City shall pay Consultant the stipulated sum of not to exceed $680,400.00 on a percentage basis for the proportion of Professional Services satisfactorily completed as determined solely by the City in accordance with the fee schedule / task summary included in the Consultant’s Task Proposal and attached as Exhibit A-1.
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Methods of Payment for Services and Expenses of Consultant a) For Basic Services. The OWNER will pay CONSULTANT the actual costs for services provided in an amount not to exceed $26,000.00. This includes a lump sum fixed fee in the amount of $26,000.00. b) Payment will be made pursuant to an invoice submitted by CONSULTANT with a signed voucher. c) Billable in monthly installments at the CONSULTANT’S discretion. Payments may take up to 45 days to process. d) The OWNER will retain 10% of the agreed upon lump sum for basic services as well as additional services, equal to 10% of the entire agreed upon lump sum fixed fee for each. This 10% retainage will be released to the CONSULTANT upon HUD’s approval of final reports.
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Methods of Payment for Services and Expenses of Consultant 
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Related to Methods of Payment for Services and Expenses of Consultant

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  • Contract Amount and Payment for Services The total amount of this Contract will not exceed $1,099,187.00. This includes System Agency’s share of $915,989.00 and Grantee’s required match amount of $183,198.00. All expenditures under this Contract will be in accordance with Attachment B, Budget.

  • PAYMENT FOR GOODS AND SERVICES a. DIR Customer shall comply with Chapter 2251, Texas Government Code, or applicable local law, in making payments to the Vendor. Payment under a DIR Contract shall not foreclose the right to recover wrongful payments. b. Payments must be made in accordance with laws and procedures applicable to DIR Customer. c. DIR Customer agrees to pay the rates and/or prices set by DIR with its vendors. DIR Customer understands these rates and/or prices include a DIR administrative fee. d. All purchases executed under a DIR Contract will require a DIR Customer purchase order.

  • Directors’ Fees and Expenses All compensation of directors, other than those affiliated with the Manager, and all expenses incurred in connection with their service;