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EXHIBIT B <br />PAYMENT SCHEDULE <br />City shall pay Contractor a maximum, not to exceed total of Nineteen Thousand and <br />No/100 dollars ($19,000.00) for services to be performed and reimbursable costs incurred <br />pursuant to this Agreement, as noted below: <br />Completion of study per tasks identified in Exhibit A $16,500 <br />Option: Calculation of transportation impact fee $2,500 <br />Maximum, Not to Exceed $19,000 <br />Contractor shall submit invoices, not more often than once a month during the term of this <br />Agreement, based on the cost for services performed and reimbursable costs incurred prior to the <br />invoice date. Invoices shall contain the following information. <br />1. Serial identifications of progress bills, i.e., Progress Bill No. 1. <br />2. The beginning and ending dates of the billing period. <br />3. A 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. For each work item in each task, a copy of the applicable time 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 costs incurred. <br />Exhibit "B" Page 1 of 2 <br />6/12/95 -Word 6.0 <br />J:\W PD\FORMS\AGRE\EXHIBITB.DOC <br />