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stoppages, or other labor disturbances conducted by, or on beha# of, ConsultanYs <br /> officers or empioyees. <br /> Consultant acknowiedges the importance to City of City's project schedule and agrees <br /> to use its best professional efforts to meet the schedule. City understands that <br /> Consultant's performance must be govemed by sound practices. <br /> 5. Time is of the Essence. Time is of the essence for each and every pravision of <br /> this Agreement. <br /> 6. Comqensation. City shall pay to Consuitant an amount not to exceed Twenty-Six <br /> thousand Dollars ($26,000) for th� completion of ali the work and services described <br /> herein, which sum shall include all costs or expenses incurred by Consuitant, payable <br /> as set forth in Exhibit B, attached hereto and made a part hereof by reference. <br /> 6.1 An application for payment form must be submitted to City which shall <br /> include the following: a clear, detailed invoice �eflecting work being billed for, a <br /> summary sheet showing hourly rates, hours wotked, percentage of work completed to <br /> date, amounUpercent bifled ta date and current status of all tasks within a project. and; <br /> any/all backup documentation supporting the above items. Work schedule upda#es must <br /> also be inciuded with the payment requests. <br /> 6.2 Consultant shall maintain adequate records and shall permit inspection <br /> and audit by City of Consultant's charges under this Contract. Consultant shall make <br /> such records available to City during normal business hours upon reasonable notice. <br /> Nothing herein shall convert such records into public records, and they will be available <br /> only to City and any specified public agencies. Such records shall be maintained by <br /> Consultant for one (1) year following completion of the work under this Contract unless <br /> a longer period of time is required by state or federal law, in which event Consultant <br /> shall retain its records for the time required by such laws. <br /> 6.3. The payment made to Consultant pursuant to the Agreement will be the <br /> full and complete compensation to which Consultant is entitled. City will not make any <br /> federal or state tax withholdings on behalf of Consultant or its agents, employees or <br /> subcontractors. City will not be required to pay any workers' compensation insurance or <br /> unemployment contributions on behalf of Consultant or its employees o�subcontractors. <br /> Consultant agrees to reimburse City within thirty (30) days for any tax, retirement <br /> contribution, social security, overtime payment, unemployment payment or workers' <br /> compensation payment which City makes on behalf of Consultant or any agent, <br /> employee, or subcontractor of Consultant for wo�lc done under this Agreement. At the <br /> City's election, City may deduct the reimbursable amount from any balance owing to <br /> Consultant. <br /> REV:04-01-16 FF <br /> Page 2 of 11 <br /> ATTYlAGR2016.068/Peckham& McKenney- Executive Search and Consulting <br />