HomeMy WebLinkAboutExhibit 4EXHIBIT C — COMPENSATION AND BUDGET SUMMARY
HOUSING SPECIALIST AND INSPECTION SERVICES FOR LONG TERM
RENTAL ASSISTANCE
A. The City shall pay the PROJECT SPONSOR, at the rate of $1710.00 per
month, per client for up to 175 clients. The maximum compensation under this
Agreement shall be $ 299,250
B. All payments shall be for services provided only during the term of this
Agreement, and in compliance with the previously approved Work Program
(EXHIBIT B) and Program Budget. Each written request for payment shall
contain a statement declaring and affirming that services were provided
accurately and for certified program participants and in accordance with the
approved Scope of Work and Program Budget. All documentation in support of
each request shall be subject to review and approval by the CITY at the time the
request is made.
C. During the term hereof.and for a period of three (3) years following the date of
the payment made hereunder, the CITY shall have the right to review and audit
the related records of the PROJECT SPONSOR pertaining to any payments by
the CITY.
D. The PROJECT SPONSOR must submit the request for final payment to the
CITY within 30 calendar days following the expiration date or termination date
of this Agreement in a form provided by the Department. If the PROJECT
SPONSOR fails to comply with this requirement, the PROJECT SPONSOR
shall forfeit all rights to payment and the CITY shall not honor any request
submitted thereafter.
E. Any payment due under this Agreement may be withheld pending the receipt
'and approval by the CITY of all reports due from the PROJECT SPONSOR as a
part of this Agreement and any modifications thereto.
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