Subconsultant Payments Clause Samples

The Subconsultant Payments clause outlines the procedures and obligations for compensating subconsultants engaged by the primary consultant on a project. Typically, it specifies the timing, method, and conditions under which payments are made to subconsultants, such as requiring proof of satisfactory work or aligning payments with the receipt of funds from the client. This clause ensures that subconsultants are paid fairly and promptly, reducing the risk of disputes and project delays related to non-payment.
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Subconsultant Payments. The Consultant may invoice MaineDOT, in accordance with 49 CFR 26.29, for the subconsultant costs that are treated by the Consultant as accrued due to such costs having been billed to the Consultant and recognized by the Consultant and MaineDOT as a valid and undisputed, due and payable. By submitting accrued but unpaid Subconsultant cost for reimbursement, the Consultant agrees that within ten (10) days of their receipt of reimbursement, the full amount submitted as a reimbursable accrued subconsultant cost shall be paid to the subconsultant. MaineDOT complies with and reserves the rights noted in Federal 23 CFR 172.11. The Indirect Cost Rate (ICR) is established in accordance with federal regulations for a one-year applicable accounting period and must never include direct project or federally unallowable costs. A new ICR must be established annually based on the Consultants previous year’s indirect cost expenditures. An Overhead Report establishes the ICR and is expressed as a percentage of the total direct labor incurred within the applicable accounting period. Consultant’s awarded Agreements at or greater than MaineDOT’s simplified acquisition limits and or with cost-based payment methods must submit their complete Overhead Report package to the Office of Audit within six months of the close of the applicable accounting period for each year the Consultant has an Agreement with MaineDOT. All ICR’s submitted must follow the cost principles of Part 31 of the Federal Acquisition Regulations (48 CFR) and the most current version of the AASHTO Uniform Audit & Accounting Guide. In addition, all audits shall be performed and issued in accordance with Generally Accepted Government Auditing Standards (GAGAS) as promulgated by the Comptroller General of the United States of America. Finally, the consultant shall maintain salary records/timesheets for all employees recording all hours worked whether compensated or uncompensated. This includes hours for project, administration, or any other activities performed by the employee. Furthermore, this timesheet must be signed by both the employee and the employee’s direct supervisor attesting to the accuracy of the information recorded. By signing the Agreement, the Consultant certifies it has reviewed the proposal to establish final indirect cost (overhead) rates and to the best of their knowledge and belief: a. All costs included in the proposal to establish final indirect cost (overhead) rates are allowable in accord...
Subconsultant Payments. The CONSULTANT, upon payment by the STATE, shall pay all the monies due the SUBCONSULTANT(s) and/or vendor(s).

Related to Subconsultant Payments

  • Services to Other Clients; Certain Affiliated Activities (a) The relationship between the Asset Manager and the Series is as described in this Agreement and nothing in this Agreement, none of the services to be provided pursuant to this Agreement, nor any other matter, shall oblige the Asset Manager to accept responsibilities that are more extensive than those set forth in this Agreement. (b) The Asset Manager’s services to the Series are not exclusive. The Asset Manager may engage in other activities on behalf of itself, any other Managing Party and other clients (which, for the avoidance of doubt, may include other series of the Company). The Series acknowledges and agrees that the Asset Manager may, without prior notice to the Series, give advice to such other clients. The Asset Manager shall not be liable to account to the Series for any profits, commission or remuneration made or received in respect of transactions effected pursuant to the Asset Manager’s advice to another client and nor will the Asset Manager’s fees be abated as a result.

  • Contractor’s Employees Contractor may, in its discretion and at its own expense, employ such assistants as Contractor deems necessary to perform the Services. If any specific employee is designated in Schedule 1 to perform the Services, Contractor may only replace such designated employee with SMUD’s prior written approval, and with a replacement satisfactory to SMUD. SMUD may not control, direct, or supervise Contractor or Contractor’s Representatives in the performance of the Services. Contractor agrees to assume full responsibility for the payment and deduction of all state and federal taxes and benefits from Contractor’s Representatives, including but not limited to any applicable payroll and income taxes, unemployment insurance, disability insurance, retirement, workers’ compensation, pension, or other social security benefits for all persons or entities employed or retained by Contractor in the performance of the Services under this Agreement, and if applicable for all self-employment and other taxes incurred by Contractor in the performance of the Services.

  • Management Compensation As compensation for your services in the management of the offering, we will pay you an amount equal to the management fee specified in the Invitation in respect of the Securities to be purchased by us pursuant to the Purchase Agreement, and we authorize you to charge our account with such amount. If there is more than one Representative, such compensation shall be divided among the Representatives in such proportions as they may determine.

  • DEPENDENT PERSONAL SERVICES 1. Subject to the provisions of Articles 16, 18 and 19, salaries, wages and other similar remuneration derived by a resident of a Contracting State in respect of an employment shall be taxable only in that State unless the employment is exercised in the other Contracting State. If the employment is so exercised, such remuneration as is derived therefrom may be taxed in that other State. 2. Notwithstanding the provisions of paragraph 1, remuneration derived by a resident of a Contracting State in respect of an employment exercised in the other Contracting State shall be taxable only in the first-mentioned State if: a) the recipient is present in the other State for a period or periods not exceeding in the aggregate 183 days in any twelve-month period commencing or ending in the tax year concerned, and b) the remuneration is paid by, or on behalf of, an employer who is not a resident of the other State, and c) the remuneration is not borne by a permanent establishment or a fixed base which the employer has in the other State. 3. Notwithstanding the preceding provisions of this Article, remuneration derived in respect of an employment exercised aboard a ship or aircraft operated in international traffic by a resident of a Contracting State, may be taxed in that State.

  • COMPENSATION OF CONTRACTOR A. The Contractor shall be paid in the manner set forth in Exhibit B. Payment shall be made monthly, unless another payment term is specified in Exhibit B, following receipt of invoices submitted by the Contractor, and approved by the Contract Administrator. B. The Contractor will be compensated for Services performed in addition to the Services described in Article III, only when the scope of and compensation for those additional Services have received prior written approval of the Contract Administrator. C. The Contractor shall keep complete records of work performed (e.g. tasks performed, hours allocated, etc.) so that the City may verify invoices submitted by the Contractor. Such records shall be made available to the City upon request and submitted in summary form with each invoice.