HomeMy WebLinkAboutExhibit 6"Attachment 5"
Compensation Schedule
Compensation Schedule For Westnet's Payment
Upon Completion What will be Total Evidenced
Item of paid compensation Amount Due of Task
for the Item Completion
The date of
Initial Payment Execution of the 40% of total $1,065,536.65 $426,214.66 execution of
Agreement compensation the.
Agreement
Second
50% of fee for
Payment
Statement of Work
delivery of
Delivery of the
Section 1.3.1.9
equipment
Equipment
Third Payment
Statement of Work
50% of the
fees for
for Installation
Sections 1.3.2.1 and
installation
and Training
2.1
and training
Final Payment
of the City's
Statement of Work
balance
acceptance of
Section 1.3.2.8
remaining
the system
Total
$600,281.40 $300,140.70 Exhibits B-1
and B-2
$413,730.26 $206,865.13 Exhibits B-3
and B-4
$132,316.16 $132,316.16 Exhibits C-2
and C-1
$1,065,536.65