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HomeMy WebLinkAboutexhibit1d1EXHIBIT "D1" PAYMENT AND DELIVERABLES SCHEDULE Total payment by the DISTRICT shall not exceed the amount of $750,000.00. All invoices shall be accompanied by adequate documentation to support actual expenditures incurred by the CITY within the not -to -exceed amounts specified below in accordance with Article 3.2 of the Agreement. Payment by the DISTRICT is further subject to receipt of quarterly progress reports and financial statements from the CITY with documentation to demonstrate completion of each project in accordance with Exhibit "Cl" Statement of Work requirements. The CITY is responsible for reviewing and approving deliverables from the consultant to ensure that project objectives are met. The CITY is also responsible for project management, budget management and quality control with the consultant. Task Task 1: Design Task 1: Construction Deliverable 100% Design Drawings and Specifications Construction Final Acceptance Certification (FAC) Not -to Exceed Total Payment Due Date* 3 months 6 months Pay requests for this task may be submitted no more frequently than on a quarterly basis. DISTRICT** Not -to Exceed Payment $60,000.00 $690,000.00 $750,000.00** * All dates are referenced from the date of contract execution. ** The DISTRICT shall only be obligated to pay for documented actual expenditures within the not -to -exceed amounts specified above. In the event actual expenditures by the CITY are less than the not -to -exceed for a particular task, the CITY shall have the right to apply the unexpended balance towards a subsequent task, The CITY shall provide written notice of its decision to exercise this right. In no event shall the DISTRICT's total obligation exceed $750,000.00 as specified above. The CITY is responsible for any additional funds either through local revenues, grants, other appropriations,, and/or other funding sources. Amendment 01 to Agreement No. C-I3164 Page 4 of 4