HomeMy WebLinkAboutexhibit2d2EXHIBIT "D2"
PAYMENT AND DELIVERABLES SCHEDULE
FLAGAMI, WEST END AND FAIRLAWN PROJECTS
Total payment by the DISTRICT shall not exceed the amount of $1,250,000. 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
from the CITY with documentation to demonstrate completion of all deliverables for each
project task in accordance with Exhibit "C" Statement of Work requirements. The CITY is
responsible for reviewing and approving deliverables from the contractor to ensure that project
Task
Deliverable
*Due Date
**District
Not -to Exceed
Payment
$ 250,000.00
Task 1. Design
and Permitting
Design Criteria Report
including results of
investigations & survey
and preliminary
construction cost estimates.
6 months
Task 2.
Construction
Plans & Specs including
final engineers cost
estimates. Monthly
construction project
reports, progress schedules
& Engineers Certificate of
Completion
24 months
$250,000 may be
invoiced when the Notice
to Proceed is issued.
$500,000 may be
invoiced at 50%
completion, and the
remaining $250,000 may
be invoiced upon
construction substantial
completion.
$1,000,000.00
Not -to -exceed Total
Payment
$1,250,000.00**
* All dates are referenced from the date of amendment 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 unexpend
ed 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 $1,250,000.00 as
specified above. The CITY is responsible for any additional funds either through local revenues,
grants, other appropriations, and/or other funding sources.
Page 1 of 2, Exhibit "D2", Agreement C-13164-A02
EXHIBIT "D2"
PAYMENT AND DELIVERABLES SCHEDULE
PINEHURST PROJECT
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
from the CITY with documentation to demonstrate completion of each project in accordance
with Exhibit "CI" Statement of Work requirements. The CITY is responsible for reviewing and
approving deliverables from the consultant to ensure that project objectives are met.
Task
Deliverable
Due Date*
DISTRICT**
Not -to Exceed
Payment
Task 1:
Design
100% Design Drawings and
Specifications
6 months
$60,000.00
Task 2:
Construction
Construction Final Acceptance
Certification (FAC)
24 months
$650,000 may be
invoiced when the
Notice to Proceed is
issued and the
remaining $40,000
may be invoiced
upon construction
substantial
completion.
$690,000,00
Not -to -Exceed Total Payment
$750,000.00**
* All dates are referenced from the date of amendment 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.
Page 2 of 2, Exhibit "D2", Agreement C-13164-A02