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12-ORA-55-PM 9.45 EA: 926133, ID: 1222000052 District Agreement No. 12-832 8. CALTRANS will review and implement new signal timing plans of the IMPROVEMENTS, as specified in Exhibit A. NOW, THEREFORE, in consideration of the foregoing recitals and the following terms, covenants and conditions, the PARTIES agree as follows: SECTION A CALTRANS AGREES: 1. To perform the work elements in order to complete IMPROVEMENTS as specified in the SCOPE SUMMARY attached to and made a part of this Agreement. 2. To install traffic signal controller equipment components of the IMPROVEMENTS, as specified in the exhibit A. 3. To implement coordination of traffic signal timing (TIMING PLAN) for INTERSECTIONS in accordance with the Caltrans Traffic Operations Manual. 4. To review the draft TIMING PLAN prepared by CITY and finalize it subject to revisions mutually agreed to between PARTIES. S. To submit an invoice for a lump sum (single payment), which includes all indirect costs per Caltrans Indirect Cost Rate Proposal (ICRP) of $2,500.00 to CITY for the IMPROVEMENTS within 30 days of execution of this agreement. SECTION B CITY AGREES: 1. To fully fund IMPROVEMENTS not exceeding $2,500.00 2. To develop TIMING PLAN for INTERSECTIONS and submit it for CALTRANS review and approval. 3. To work in good faith with CALTRANS to revise and finalize TIMING PLAN. 4. To make written application to CALTRANS for necessary encroachment permits authorizing entry of CITY onto SI-IS right of way to perform work for IMPROVEMENTS. CITY shall also require its consultants and contractors, if any, to make written application to CALTRANS for necessary encroachment permits. 5. Prepare and review a final report of the IMPROVEMENTS with CALTRANS, and assess the performance of the PARTIES in relation to the terms, covenants, and conditions of the Agreement. 6. Pay to CALTRANS, within thirty (30) days of receipt of invoice, the amount of $2,500.00,