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EXHIBIT B <br />PAYMENT .SCHEDULE <br />City shall pay Contractor an amount not to exceed the total sum of Forty Thousand Three <br />Hundred Seventy Five dollars ($40,375.00) for services to be performed and reimbursable costs <br />incurred pursuant to this Agreement. Contractor shall submit invoices, not more often than once <br />a month during the term of this Agreement, based on the cost for services performed and <br />reimbursable costs incurred prior to the invoice date. Invoices shall contain the following <br />information: <br />Serial identifications of progress bills, i.e., Progress Bill No. 1 <br />2. Beginning and ending dates of the billing period <br />Task Summary containing the original contract amount, the amount of prior <br />billings, the total due this period, the balance available, and the percentage of <br />completion <br />4. Far each work item in each task, a copy of the applicable tune sheets shall be <br />submitted showing the name of the person doing the work, the hours spent by <br />each person, a brief description of the work, and each reimbursable expense. <br />City shall make monthly payments, based on such invoices, for services satisfactorily <br />performed, and for authorized reimbursable casts incurred. <br />City shall pay the last 10% of the total sum due pursuant to this Agreement within forty- <br />five (45) days after completion of the services and submittal to City, if all services due pursuant <br />to this Agreement have been satisfactorily performed. <br />The total surn stated above shall be the total which City shall pay for the services to be <br />rendered by Contractor pursuant to this Agreement. City shall not pay any additional sum for any <br />Exhibit B Page 1 of 2 <br />6/12/95 Burrell Field ReconSguration Skudy <br />