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<br />EXHIBIT II <br />METHOD OF PAYMENT <br />2.1 For basic services under Section 1. Basic Services as described in Exhibit I, <br />CITY shall pay CONTRACTOR as follows consistent with the CONTRACTOR's May 1, <br />2002 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 $15,500.00 (Maximum Contract Price). <br />2.1.2 T'he CONTRACTOR shall submit monthly invoices to the CITY for <br />the Section 1. Basic Services. <br />2.1.3 The monthly invoices submitted by the CONTRACTOR to the CITY <br />for the Section 1. Basic Services shall include: (1) identification of <br />labor costs by labor classification, number of hours worked and <br />hourly rates; (2) identification of the indirect cost rate applied to the <br />labor costs; (3) identification of non-labor costs by description of the <br />item, the vendor name, vendor invoice number (if available), cost to <br />the CONTRACTOR and handling costs if any. <br />2.1.4 The CITY sha11 review each monthly invoice submitted by the <br />CONTRACTOR within ten (10) calendar days of the CITY' S receipt <br />of the invoice submitted by the CONTRACTOR. <br />2.1.5 The CITY shall notify the CONTRACTOR within fifteen (15) <br />calendar days of the CITY' S receipt of each monthly invoice of any <br />amount(s) contained in the monthly invoice that will not be paid by <br />the CITY due to: (1) inadequate documentation for the amount(s) <br />requested; (2) the amount(s) requested being outside the scope of <br />services in Section 1. Basic Services; and (3) the amount(s) <br />requested exceed the maximum cost of the CONTRACTOR's <br />services approved by the CITY. <br />?_