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Agmt15 Redwood City Improvement Association (RCIA)
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Agmt15 Redwood City Improvement Association (RCIA)
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Last modified
1/20/2015 9:08:47 AM
Creation date
1/20/2015 9:08:45 AM
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Agreement
Contractor Name
Redwood City Improvement Association (RCIA)
PROJECT NAME
Management and Disbursement Agreement
RMP File Number
506
Date
1/12/2015
Reso Ref
15385
MO Ref
15-006
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16. Termination for Bankruntcv or Assignment for the Benefit of Creditors. If RCIA files a <br /> voluntary petition in bankruptcy, is adjudicated bankrupt, or makes a general assignment for the <br /> benefit of creditors,the City may at its option and without further notice to or demand upon RCIA, <br /> immediately cancel and/or terminate this Agreement, and tern7inate each and every right of RCIA, <br /> and any person claiming any rights by or through RCIA under this Agreement. <br /> 17. Insuection of Books and Records. During the term, and for a period of four(4) years after the <br /> Term, or two (2) years after the closure of any disputed matter, whichever occurs later, (the <br /> "Audit Period"), RCIA and any subcontractors shall maintain such data, financial and <br /> operational records related to this Agreement, which include, but are not limited to the Annual <br /> Financial Statements, the Annual Reports and Budgets and any audits (the "Books and <br /> Records"). <br /> 17.1. With respect to receipts, invoices, checks, payroll statements, bank statements, and all <br /> other evidence of payments for which RCIA is reimbursed by the City pursuant to this <br /> Agreement, RCIA shall maintain such documentation at its principal place of business in <br /> the City for the required period of time. <br /> 17.2. At any time during normal business hours and as often as the City deems necessary, RCIA <br /> and all subcontractors shall make available to the City for examination and copying at <br /> reasonable locations within the City all data and records relating to all matters covered by <br /> this Agreement. <br /> 17.3. RCIA and all subcontractors will permit the City to make audits of all invoices, materials, <br /> payrolls, records of personnel, and other data and media relating to all matters covered in <br /> this Agreement. If RCIA does not make them available within the City, then RCIA shall <br /> pay all City's travel related costs and expenses to audit records associated with this <br /> Agreement where the records are maintained. <br /> 18.Non-Discrimination in Emulovment. RCIA shall not discriminate on the basis of race, <br /> gender, religion, national origin, ethnicity, sexual orientation, age, or disability in the <br /> solicitation, selection, hiring or treahnent of any employee, subcontractor, vendor or supplier <br /> who is subject to this Agreement. RCIA shall provide equal opportunity for subcontractors to <br /> participate in subcontracting opportunities. RCIA understands and agrees that a violation of this <br /> clause shall be considered a material breach of the Agreement and may result in contract <br /> termination, debarment, or other sanctions. This language shall be in all contracts between <br /> RCIA and any subcontractors, vendors and suppliers. <br /> 19. Parties Reqresentatives. RCIA agrees to designate an officer of RCIA (the "RCIA <br /> Representative") as the primary contact between RCIA and the City for the purposes of this <br /> Agreement. The RCIA Representative shall coordinate RCIA's activities under this Agreement. <br /> In order to simplify invoice processing, it is agreed by RCIA that the RCIA Representative shall <br /> act as billing agent for work provided by RCIA. <br /> 19.1. RCIA shall provide the City with the name and contact information of the RCIA <br /> Representative. RCIA shall notify the City in writing within ten calendar days of <br /> replacement of the RCIA Representative. <br /> ATTY/AGR/2015.002/RWC CBID OPERATING AGREEMENT <br /> REV:O1-05-2015 PT <br /> Page 12 of 19 <br />
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