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• Delhi Park, 2314 S. Halladay St. <br /> • Bowers Museum south parking lot, 1910 N. Main St. <br /> • Santiago Park, 2535 N. Main St. <br /> 2. COMPENSATION <br /> a. City agrees to pay, and Contractor agrees to accept as total payment for its services for <br /> City,the rates and charges identified in either quote"QT028167"or quote"QT028169" <br /> attached hereto as Exhibit C and Exhibit D, respectively, and in accordance with <br /> Section 2-7.1 of the Greenbook: Standard Specifications for Public Works <br /> Construction. Costs are contingent upon confirmation of the final location, as detailed <br /> in Section Lb and c, above. The total amount to be expended during the term of this <br /> Agreement shall not exceed the amount of$1,668,098.71. <br /> b. Payment by City shall be made within forty-five (45) days following receipt of proper <br /> invoice evidencing work performed, subject to City accounting procedures. City and <br /> Contractor agree that all payments due and owing under this Agreement shall be made <br /> through Automated Clearing House (ACH)transfers. Contractor agrees to execute the <br /> City's standard ACH Vendor Payment Authorization and provide required <br /> documentation. Upon verification of the data provided, the City will be authorized to <br /> deposit payments directly into Contractor's account(s) with financial institutions. <br /> Payment need not be made for work which fails to meet the standards of performance <br /> set forth in the Recitals which may reasonably be expected by City. <br /> 3. TERM <br /> This Agreement shall commence on the date first written above for a one (1) year term <br /> with the option for the City to grant up to a one (1) year renewal, exercisable by a writing by the <br /> City Manager and the City Attorney, unless terminated earlier in accordance with Section 16, <br /> below. <br /> 4. PREVAILING WAGES <br /> Contractor is aware of the requirements of California Labor Code Section 1720, et seq., <br /> and 1770, et seq., as well as California Code of Regulations, Title 8, Section 16000, et seq., <br /> ("Prevailing Wage Laws"), which require the payment of prevailing wage rates and the <br /> performance of other requirements on "public works" and"maintenance"projects. If the services <br /> being performed are part of an applicable "public works" or"maintenance"project, as defined by <br /> the Prevailing Wage Laws, and the total compensation is $1,000 or more, Contractor agrees to <br /> fully comply with such Prevailing Wage Laws. Contractor shall defend, indemnify and hold the <br /> City, its elected officials, officers, employees and agents free and harmless from any claim or <br /> liability arising out of any failure or alleged failure to comply with the Prevailing Wage Laws. <br /> 5. INDEPENDENT CONTRACTOR <br /> Contractor shall, during the entire term of this Agreement, be construed to be an <br /> Page 2 of 12 <br /> City Council 14 — 6 5/21/2024 <br />