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EXHIBIT B <br />PAYMENT SCHEDULE <br />City shall pay Contractor an amount not to exceed the total sum of FIFTY-FIVE <br />THOUSAND THREE HUDNRED THIRTY-FIVE AND NO/100 DOLLARS <br />($55,335.00) for services to be performed and reimbursable costs incurred pursuant to <br />this Agreement. Contractor shall submit invoices, not more often than once a month <br />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 />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 <br />amount of prior billings, the total due this period, the balance <br />available and the percentage of completion. <br />4. For each work item in each task, a copy of the applicable time <br />sheets shall be submitted showing the name of the person doing the <br />work, the hours spent by each person, a brief description of the <br />work, and each reimbursable expense. <br />City shall make monthly payments, based on such invoices, for services <br />satisfactorily performed, and for authorized reimbursable costs incurred. <br />Exhibit B <br />Page 1 of 3 <br />9/26/88 Rev. <br />1/10/90 Rev. <br />