Common use of Task Budget Monitoring Clause in Contracts

Task Budget Monitoring. The budget shown in the Breakdown of Costs for each task is the best estimate at time of WOC (and WOC Amendment, if applicable) execution. However, as work under the WOC progresses it may require that more funding be applied to some tasks and products and less to others. Consultant shall monitor such needs on an on-going basis and, when needed, propose on a monthly basis as part of the invoicing and status report, budget refinements (within the limits of the not-to-exceed amount established for the WOC) to Agency for approval. Agency’s Right to Evaluate. Agency may, at its sole discretion, conduct evaluations of Consultant’s performance and subconsultant’s performance. Evaluation Criteria. Generally, performance evaluations will include evaluation and scoring of various sub-criteria related to, but are not limited to, the following categories: (a) project management and coordination of staff and subconsultants, (b) project communication and responsiveness, (c) cost effectiveness and completing work within budget, (d) Technical accuracy and quality control, (e) schedule performance. Evaluation Process. The performance evaluation results may be used as written documentation for addressing areas of Consultant’s performance throughout the term of the PA and the term of any WOCs. Agency reserves the right to conduct performance evaluations at the end of each project and on an interim basis throughout the term of the PA and the term of any WOCs. Agency may conduct performance evaluations at each major milestone. Deliverables must be submitted on or before the due date and be of acceptable quality (per Agency review) to be considered on time.

Task Budget Monitoring. The budget shown in the Breakdown of Costs for each task is the best estimate at time of WOC (and WOC Amendment, if applicable) execution. However, as work under the WOC progresses it may require that more funding be applied to some tasks and products and less to others. Consultant shall monitor such needs on an on-going ongoing basis and, when needed, propose on a monthly basis as part of the invoicing and status report, budget refinements (within the limits of the not-to-exceed amount established for the WOC) to Agency for approval. Agency’s Right to Evaluate. Agency may, at its sole discretion, conduct evaluations of Consultant’s performance and any subconsultant’s performance. Evaluation Criteria. Generally, performance evaluations will include evaluation and scoring of various sub-criteria related to, but are not limited to, the following categories: (a) project WOC Project management and coordination of staff and subconsultants, (b) project Project communication and responsiveness, (c) cost effectiveness and completing work within budget, (d) Technical technical accuracy and quality control, (e) schedule performance. Evaluation Process. The performance evaluation results may be used as written documentation for addressing areas of Consultant’s performance throughout the term of the PA and the term of any WOCs. Agency reserves the right to conduct performance evaluations at the end of each project WOC/Project and on an interim basis throughout the term of the PA and the term of any WOCs. Agency may conduct performance evaluations at each major milestone. Deliverables must be submitted on or before the due date and be of acceptable quality (per Agency review) to be considered on time.