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2005-143 Resolution
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2005-143 Resolution
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Last modified
12/26/2013 10:33:22 AM
Creation date
12/18/2013 4:36:51 AM
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North Olmsted Legislation
Legislation Number
2005-143
Legislation Date
10/4/2005
Year
2005
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EXHIBIT II <br />METHOD OF PAYMENT <br />2.1 For basic services under Section 1. Basic Services of the CONTRACTOR <br />as described in Exhibit I, CITY shall pay CONTRACTOR as follows consistent with the <br />CONTRACTOR's PROPOSAL attached hereto as Exhibit IV and made a part hereof. <br />2.1.1 The CITY shall make total payments to the CONTRACTOR in a <br />total amount not to exceed $22,400.00 (Maximum Contract Price). <br />2.1.2 The CONTRACTOR shall submit one invoice to the CITY for the <br />Section 1. Basic Services performed by CONTRACTOR upon <br />completion of the Project.. <br />2.1.3 The CITY shall review the invoice submitted by the <br />CONTRACTOR within ten (10) calendar days of the CITY'S <br />receipt of the invoice submitted by the CONTRACTOR. <br />2.1.4 The CITY shall notify the CONTRACTOR within fifteen (15) <br />calendar days of the CITY'S receipt of the invoice of any amount(s) <br />contained in the invoice that will not be paid by the CITY due to: (1) <br />inadequate documentation for the amount(s) requested; (2) the <br />amount(s) requested being outside the scope of services in Section 1. <br />Basic Services of the CONTRACTOR; and (3) the amount(s) <br />requested exceed the maximum cost of the CONTRACTOR's <br />services approved by the CITY. <br />2.2 For optional services under Section 2. Optional Services of the <br />CONTRACTOR, CITY shall pay the CONTRACTOR upon receipt of an approved scope <br />and work, task breakdown and upon written authorization to proceed with the optional <br />services. <br />2.3 The maximum cost to the City for the CONTRACTOR's SERVICES under <br />Section 1. Basic Services of the is $22,400.00 (maximum contract price) and shall not be <br />exceeded without a written Amendment to this Agreement duly executed by the CITY and <br />the CONTRACTOR. <br />+ + END OF EXHIBIT II + + <br />12 <br />
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