Laserfiche WebLink
<br /> Exhibit B <br /> Method and Rate of Payment <br />In full consideration of the services provided by the Contractor pursuant to this Agreement, <br />the County shall pay the Contractor a quarterly amount not to exceed $14,681.50 upon <br />receipt and approval of invoice. The Contractor shall submit invoices within 30 days of the <br />end of the billing period, and the County shall pay the invoices within 20 working days <br />following receipt of invoice and required reports as shown below. Funding for this <br />Agreement is $43,726 from General Funds and $15,000 for Community Development Block <br />Grant (CDBG) funds. The total amount of the contract shall not exceed $58,726. <br />* Contractor may request, by submittal of an invoice, an advance payment equivalent <br />to 25% of the total Agreement amount, and may select the option of having the <br />remaining balance paid either monthly or quarterly. If Contractor chooses this <br />method, Contractor must still meet deadlines for peñormance reports, and for the First <br />Quarter, the deadline will be October 15, 2004. The remaining funds will be paid on <br />either a monthly or quarterly basis, as selected, and Contractor must continue to meet <br />all the reporting requirements set forth herein. <br />Invoices and reports to be mailed to Rosa Mendoza, HCD Specialist, 262 Harbor <br />Boulevard, Building A, Belmont, CA 94002. <br />All quarterly reports are to be submitted to the HSA Regional Program Manager. <br />Report required to process invoices: <br />Quarterl <br />· <br />· <br />· <br />· <br /> 12 <br />