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<br />. . <br /> <br />. <br /> <br />. <br /> <br />... <br /> <br />tion concerning proposed private developments, public or Agency <br />actions in the City of Santa Ana, and the redevelopment area which <br />would have a bearing on the study. <br /> <br />The Agency shall provide the Contractor with timely information' <br />concerning the proposed public transportation system. ' <br /> <br />The Agency shall furnish the Contractor with available annual <br />.reports: budgets: bond redemption and tax increment statements: <br />property tax and millage rate trends. These reports and/or data <br />should be from 1965 to present. <br /> <br />(5300) TIME OF PERFORMANCE <br />(530l) <br /> <br />'All services required pursuant to SlOl - Sll6 of this Agreement <br />shall commence when and as directed by the Agency and shall be com- <br />pleted by no later than 90 calendar days thereafter. <br /> <br />(5400) COMPENSATION AND METHOD OF PAYMENT <br /> <br />(S40l) Maximum Compensation <br /> <br />~e total compensation for all services performed in accordance <br />with 5300 above and benefits provided pursu~nt to this Agreement <br />shall be the lump sum, not to exceed Eighteen Thousand Dollars <br />($18,000.00) payable in monthly installments provided each progress <br />billing is consistent with the percentage of work actually completed. <br />It is estimated that the method of payment will be as follows: <br /> <br />end of 30 days <br />'end of 60 days <br />end of 90 days <br /> <br />(5402) Expenses <br /> <br />$6,000.00 <br />$4,000.00 <br />$8,000.00 <br /> <br />There shall be no additional reimbursement over and above the <br />$18,000.00 "not to exceed figure" in S40l, for travel, subsistence <br />or other incidental expenses incurred by Contractor or his associates <br />in COnnection with the performance of the services'required hereunder. <br /> <br />(5403) Method of Payment <br /> <br />Upon completion, delivery, and acceptance of the economic <br />studies services, Contractor shall submit a requisition to the Agency <br />specifying the amount due for services performed by the Contractor's <br />staff, and describe the services performed. Such requisition for <br />payment shall contain a certification by a principal member of the ' <br />Contractor's team specifying payment requested is for work performed <br />in accordance with the provisionsbr this Agreement. Upon approval <br />of the requisition, the Agency will pay Contractor up to any agreed <br />upon maximum. The Agency shall make payment on approved requisition <br /> <br />-4- <br /> <br />.ttA-~ <br />