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PAYMENT SCHEDULE <br />City shall pay Contractor an amount not to exceed the total sum of Eighteen <br />Thousand Two Hundred and Fifty ($18,250) for services to be performed and <br />reimbursable costs incurred pursuant to this Agreement. Contractor shall submit <br />invoices, not more often than once a month during the term of this Agreement, based on <br />the cost for services performed and reimbursable costs incurred prior to the invoice date. <br />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 <br />prior billings, the total due this period, the balance available and the <br />percentage of completion. <br />4. For each work item in each task, a copy of the applicable time sheets shall <br />be submitted showing the name of the person doing the work, the hours <br />spent by each person, a brief description of the work, and each <br />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 age 1 of 3 <br />6/12/95 - W61 <br />J:\WPD\FORMS\AGRE\EXHIBITB.DOS <br />