Specific Rate of Compensation Contract Sample Clauses

A Specific Rate of Compensation Contract clause defines the exact payment rates that will be applied for particular services, tasks, or roles under an agreement. This clause typically outlines how much will be paid per unit of work, such as hourly, daily, or per deliverable, and may specify different rates for different categories of work or personnel. By clearly establishing these rates in advance, the clause ensures transparency in compensation, prevents disputes over payment amounts, and provides both parties with a predictable cost structure for the duration of the contract.
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Specific Rate of Compensation Contract. This Agreement is a specific rate of compensation contract. The Consultant is being hired to perform professional _ services in connection with the Project as set forth herein. In consideration for the _ _ services rendered by the Consultant, the Owner shall pay to the Consultant the Fee, to be determined according to the labor and activity rates as set forth in Section 3, Costs, Fees, and Payment. The Fee includes compensation for any cost to be incurred by the Consultant, and the Consultant shall not be reimbursed for costs incurred. The Consultant shall bear the costs, and resulting risks, of performing this Agreement.
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Specific Rate of Compensation Contract. The subconsultant is being hired to perform professional services in connection with the Project as set forth herein. In consideration for the _ services rendered by the subconsultant, the Consultant shall pay to the subconsultant the Fee, to be determined according to the labor and activity rates as set forth in Section 3, Fees and Payment. The Fee includes compensation for any cost to be incurred by the subconsultant, and the subconsultant shall not be reimbursed for costs incurred outside of the agreed-upon Fee. The Subconsultant shall bear the costs, and resulting risks, of performing this Agreement. 3.1. Under no circumstances shall the Department be liable for any amounts, including all costs, which exceed the Contract Ceiling Price.
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Related to Specific Rate of Compensation Contract

  • Rate of Compensation In lieu of direct compensation for all overtime, shift work and standby (as defined in Articles 16, 17 and 18 of this Agreement), regular full-time employees shall receive a special compensation of 7% of their basic salary earned for each calendar year. This special compensation shall not be considered part of the employee's basic salary for the purpose of calculating any benefits or other premium entitlements.

  • HOLIDAY COMPENSATION FOR TIME WORKED Employees required by their respective appointing officers to work on any of the above specified or substitute holidays, excepting Fridays observed as holidays in lieu of holidays falling on Saturday, shall be paid extra compensation of one additional day's pay at time- and-one-half the usual rate in the amount of 12 hours pay for 8 hours worked or a proportionate amount for less than 8 hours worked provided, however, that at the employee's request and with the approval of the appointing officer, an employee may be granted compensatory time off in lieu of paid overtime as provided for elsewhere in this contract. 127. Executive, administrative and professional employees designated in the Annual Salary Ordinance with the "Z" symbol shall not receive extra compensation for holiday work but may be granted time off equivalent to the time worked at the rate of-one-and-one-half times for work on the holiday.

  • Basis of Compensation The Owner shall compensate the Architect/Engineer for the services provided in accordance with Article 7. Payments to the Architect/Engineer shall be as follows:

  • Maximum Total Compensation Subsection 10.1 is amended to Increase Decrease the Maximum Total Compensation from $ to $ .