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stoppages, or other labor disturbances oonducted by, o� on behalf of, Consultant's ofticers or employees. Consu�ant acknowledges the importance to City of City's project schedule and agrees fio use its best professional efForts to meet the schectule. City understands that Consultant's perfarmanc�e must be govemed by sound practices. 5. Time is of the Essence. Time is of the essence for each and every provision of this Agresme�t 6. Compensation. City shall pay to Consultant an amount not to exceed Seventeen Thousands Dolla�s {$17�OOQ.pO) for the completion of all the work and services described herein, which sum shaq indude all costs or expenses incurred by Consultant, payabte as set forth in Exhibit B, attached hereto and made a part hereaf by reference. 6.1 An application for paymeM form must be submitt�d to City which shall include the following: a clear, detaileed invoice reflecting work bef�g billed for� a summary sheet showing hou�{y rates, hours worked, percentage of work campleted to date, amounUpercent billed to date and cUneM status of all tasks within a project; ar�y/all backup documentation supporting the above items. Work schedule updates must also be included with the payment requests. 6.2 Consultant shall maintain adequate reoor9ds and sha11 permit inspeati�an and audit by City of Consultant's charges under this Contract. Consultant shall make such records available to City during normal business hours upon reasonable notice. Nothing herein shall convert such recflrds inbo public records, and they will be available only to City and any specii'ied publtc agencies. Sud� records shail be maintained by Consultant for one (1) year following completion of tfie work under this Contract unless a lo�ger period of �me is required by state or federal law, in which event Consultant shall retain its rec�rds for the time required by such laws. 6.3. The payment made to Consultant pursuant ta the Agreement will be the full and complete compensation to which Consultant is entitled. City will not make any federal or stat� tax withholdings on behalf of Consultant ar its agents, employees or subcflntractors. City wil! not be reguired to pay any wo�lcers' compensation insurance or unemployment contributions on behalf of Consultant or its employees or subcontractors. Consultant agrees to reimburse City within thirty (30) days for any tax, rearement contribu�on� social security, overtime payment, unemploymerrt payment or woricers' compensa�on payment which City makes on behalf of Consultant or any agent, employee, or subcontractor of Consultant for work done und�r this Agreemen� At th� City's election, City may deduct the reimbursable amount fram arry balance owing to Consultant. ATiY/AGR/2016.197/KOFF&ASSOCIATES CLASS&COMP STUDY SPECIALIST REV;0&30-16 RL Page 2 of 10