PAYMENT PROVISIONS (EXHIBIT C) Contract Amount The total amount the State may pay to the Contractor under this Agreement for performing the Work set forth in Exhibit D, Work to be Performed, shall be the actual cost not to exceed $TBD as set forth in this Exhibit, and the not to exceed amount per Term, as set forth below: Initial Term not to exceed amount of $TBD. First Option Term not to exceed amount of $TBD. Second Option Term not to exceed amount of $TBD. Third Option Term not to exceed amount of $TBD. The Contractor has estimated the costs and expenses necessary to complete the Work. The State’s acceptance of the Contractor’s proposal and price does not (i) imply that the State approves of or adopts the Contractor’s plan, means, methods, techniques, or procedures required to perform the Work, nor (ii) relieve the Contractor from the sole responsibility for the accuracy of its estimate and timely completion of the Work of this Agreement within the total amount for compensation set forth herein. Compensation for Contract Work The State shall compensate the Contractor as follows: Initial Term: For performing the Work of this Agreement during the Initial Term as set forth in Exhibit D, Work To Be Performed, the State shall compensate the Contractor for the actual cost, at the hourly rates set forth in Tables 1A and 2A, below, provided such total actual cost shall not exceed the not to exceed amounts set forth in Table 3A, below, for completion of each Task and acceptance of all Deliverables set forth in Exhibit D, Work To Be Performed. Table 1A: Contract Rates for Contractor’s Key Personnel for the Initial Term Contractor’s Key Title Rate Per Personnel Hour Contractor’s Account/Engagement Manager
PAYMENT PROVISIONS (EXHIBIT C) Contract Amount The total amount the State may pay to the Contractor under this Agreement for performing the Work set forth in Exhibit D, Work to be Performed, shall be the actual cost not to exceed $TBD as set forth in this Exhibit, and the not to exceed amount per Term, as set forth below: Initial Term not to exceed amount of $TBD. First Option Term not to exceed amount of $TBD. Second Option Term not to exceed amount of $TBD. Third Option Term not to exceed amount of $TBD. The Contractor has estimated the costs and expenses necessary to complete the Work. The State’s acceptance of the Contractor’s proposal and price does not (i) imply that the State approves of or adopts the Contractor’s plan, means, methods, techniques, or procedures required to perform the Work, nor (ii) relieve the Contractor from the sole responsibility for the accuracy of its estimate and timely completion of the Work of this Agreement within the total amount for compensation set forth herein. Compensation for Contract Work The State shall compensate the Contractor as follows: Initial Term: For performing the Work of this Agreement during the Initial Term as set forth in Exhibit D, Work To Be Performed, the State shall compensate the Contractor for the actual cost, at the hourly rates set forth in Tables 1A and 2A, below, provided such total actual cost shall not exceed the not to exceed amounts set forth in Table 3A, below, for completion of each Task and acceptance of all Deliverables set forth in Exhibit D, Work To Be Performed. Table 1A: Contract Rates for Contractor’s Key Personnel for the Initial Term Contractor’s Key Personnel Title Rate Per Hour Contractor’s Account/Engagement Manager
Attachment-B-Terms-and-Conditions.docx