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Adstrtion <br />~ ~ ,aa~.0~ <br />~'~~` ~axunu~. hl~at~a~~ ~ ~,aaa,~a <br />PA.~TSIC~T ~P~RT <br />A. Pia j ~t SPoo~ ha~~ p.~ antrctar fog tea ~tu1, ~a~t a~' p~ad.~ t~.e <br />adn~nistratian of services hereunder, prodded, ho~re~ver, the total of ail payn~er~ts <br />to Contractor shall not exceed the ~axirnu. obligation as speci~~ed ~. cction I~~ <br />of .~ ,agreement. <br />~. Contractor shall invoice Prof ect Sponsor mo~.thly ~. arrears} based an the <br />actual cost of providing and contracting for e services hereunder, Project <br />Sponsor sha~~ day Contractor ~o later than thirty ~~ ~~ days fallowing receipt of <br />such invoice. I~anthly pay~.ents are interim Pay~.ents only, and are <br />subject to final settie~ent and recancil~ation to the nab Cost Report submitted <br />by Contractor. <br />~, X11 billings by Contractor shl be accoPa-r~.ed by copies ~ source <br />documentation including, but not limited ta, ~ aurn.als, tir~.e sheets, canceled <br />checks, d records of cost incurred by Co~.tractor in c perfarn~ance of this <br />agreement. <br />~t such tines and in such a format as the Contract officers mutually agree . <br />meriting, Contractor shah. Prepare and submit to Project Spoor reports of cast <br />incurred by Contractor . the performance of this A.gree~nent. <br />E. The Cost Repo~~s~ shall be f~.ancial and statistical reports~s~ submitted by <br />Contractor to Praject Sponsor, and shall serve as the basis fQr ~mal Settler~.ent of <br />this agreement, The Cost Repor~s~s~ shah detail all casts incurred by Contractor <br />to provide services hereunder. <br />F. Final Settlement shall be bayed upon the actual casts incurred by Contractor <br />to pro~de services hereunder. if the Cast ~eport~s~ indicates the. total <br />of Proj ect Sponsor's payments to Contractor are less than Contractor's cost to <br />provide the ser~ces hereunder, Project Sponsor shall pay Contractor the <br />difference; provided, ho~rever, the total payment shall not exceed the ~axirnum. <br />obligation. If the Cost ep~~s~ indicates the total of Pra feet po~.ar~ s <br />payments to Contractor are higher than Contractor's cast of providing the services <br />hereu~.der, Contractor shall pay Pro j eet Ponsar the difference. Payment ~.ue <br />pursuant to e Cast ~epart~s~ shall be .de Within thirty ~ a} days of the Final <br />Settlement deter~ninatian, <br />. Any funds not expended by fiscal year end, June 0, 2a11 shall be returned to <br />Project Sponsor, Said unexpended funds shall be reallocated by City through the <br />~P'A Program. <br />~;~~.~ <br />a~ <br />