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HomeMy WebLinkAboutExhibit 5STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION LOCAL AGENCY PROGRAM AGREEMENT 525-010-40 PROJECT MANAGEMENT OFFICE 09106 Page EXHIBIT "D" ALTERNATIVE PAY METHOD Paragraph 6.00 is expanded by the following: The Department will pay to the Agency, after receipt of an invoice, an amount equal to the invoice received by the Agency from the Agency's contractor(s) or consultant(s). All invoices received from the Agency shall clearly separate the cost to the contractor(s) or consultant(s) from the Agency's cost billed to the Department. All of the Agency's invoiced costs must have been incurred by the Agency prior to the date of the invoices. All invoices submitted to the Department must provide complete documentation, including a copy of the contractor's or consultant's invoice(s), to substantiate the cost on the invoice. The Agency must certify on each invoice that the costs from the contractors) or consultant(s) are valid and have been incurred by the contractor(s) or consultant(s). Each monthly invoice subsequent to the first invoice from the Agency must contain a statement from the Agency that the previous month's cost incurred by the contractor(s) or consultants(s) has been paid by the Agency to the contractor(s) or consultant(s). Date Advance Payment Approval Received from FDOT Comptroller