04 HOPWA FY 09-10 - Laserfiche WebLink

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Ad1~~nl~tratl0n ~,~~~. ~~ TOTAL {Maximum Obligation) $12,000.00 IV~. PAYMENTSIC~T ~P~RT A. Project Spansor shall pay Contractor far the actual casts of providing the administration of services hereunder provided, ha~vever, the total of all pay.ent to Contractor shall not exceed the l~Iaxi~nurn bllgation as specified in Section Zll of the Agreement. B. Contractor shall invoice Project ponar rnor~thl~ in arrears, based an the actual cast ofproviding and contracting for the services hereunder Project Sponsor shall ~~ Contractor no later than thirty ~3~} days folla~ing receipt of Such lnval~. 1Vlonthly payments are interim payments only, and are subject to final settlement and reconciliation to the final Cast Report submitted by Contractor. . A11 billings by Contractor shall be accarnpanied by copies of source documentat~an lncludln, but not limited ta, j ournals, tune sheets? canceled checl~~, and retards of cost incurred b Contractor in the performance of this Agreement. D. At such times and in such a format s the Contract Ofd cers mutually agree in meriting, Cantractor shall prepare and submit to Pra j ect ponor re~arts of cost incurred. by Contractor in the perfarn~anee of this Agreement. E. The Cost Reports} shall be financial and statistical reports{s) submitted by Contractor to Project Sponsor, and shall serve as the basis for final Settlement of this Agreement. The Cost Reports(s) shall detail all costs incurred by Contractor to provide services hereunder. ~`. Pinal Settlement sha11 be based upon the actual casts Incurred by antractar to provide services hereunder. If the Cost eport~s} indicates the total of Praject pon~ar's payments to Cantractor are less than Contra.ctor's cast to provide the services hereunder, Pra feet pansor shall pair Contrctar the difference; provided, ha~ever, the total payment shall not exceed the Maximum Obligation. ~f th.e Cast Repart~s} indicates the total of Pra ject sponsor's payments ~~ Contractor are higher than ant~'actar's COt ofpro~~d1ng the services hereunder, Contractor shall pay Praject Sponsor the difference. Payment due pursuant to the Cast Reports} shall be made within thirty ~~a~ days ofthe ~"inal Settlement dete~~nat1an. ~. Any funds nab expended by fiscal year end, June ~0, 2~1 a shad be returned to Project Sponsor. Said unexpended funds shall be reallocated by City through the ~OP'A Program.