25A - AGMT - BIKE PARKING - Laserfiche WebLink

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2. Invoices a. The contractor shall submit monthly invoices, by the tenth day of the month, to the City for the milestones completed during the preceding month. b. All invoices for work performed under this contract shall be submitted in a format approved by the City. Invoices shall include the following information at a minimum: i. Contractor's invoice number ii. Beginning and ending dates for services iii. City project number and /or name (if applicable) iv. Work site address/location (if applicable) V. Tasks completed 3. Payment by City shall be made within thirty (30) days following receipt of proper invoice, subject to City accounting procedures. Payment need not be made for work which fails to meet the standards of performance set forth above. 4. Contractor shall quarterly remit to City by the 151h day of March, June, September and December, fees paid by subscribers for BikeConnect subscriptions /reservations during the prior quarter. Said remittance shall be accompanied by a report setting forth the subscription fee, length of subscription term and reservations by nonsubscribers. 5. Adjustments to Charges. The parties may agree to an annual CPI adjustment for the maintenance and support charges, not to exceed 5 %, at the renewal of the term, utilizing the most recent December Consumer Price Index (CPI) for All Urban Consumers for Los Angeles- Anaheim- Riverside CMSA, published by the United States Department of Labor Bureau of Labor Statistics or any relevant successor for the Orange County area. VI. INDEPENDENT CONTRACTOR Contractor shall during the entire term of this contract, be construed to be an independent contractor and not an employee of the City. This contract is not intended nor shall it be construed to create an employer - employee relationship, a joint venture relationship, or to allow the City to exercise discretion or control over the manner in which contractor performs the services required by this contract. However, the services to be provided by contractor shall be provided in a manner consistent with all applicable standards and regulations governing such services. Contractor shall pay all salaries and wages, employer's Social Security taxes, unemployment insurance, and similar taxes relating to employees and shall be responsible for all applicable withholding taxes. VII. INSURANCE Prior to undertaking performance of work under this contract, contractor shall maintain and shall require its subcontractors, if any, to obtain and maintain insurance as described below: Commercial General Liability Insurance. Contractor shall maintain 25A -5