Agmt98 Maze and Associates - Laserfiche WebLink

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4. ASSIGNABILITY. Neither Auditor nor City shall subcontract, assign, sell, mortgage, hypothecate or otherwise transfer their respective interests or obligations in this agreement without the express prior written consent of the non-transferring party. 5. SCHEDULE: TIME OF COMPLETION. Within ten (10) days of written notice to proceed given by City to Auditor, Auditor shall commence performance of services hereunder in accordance with the schedule ("Time Frame") set forth in Auditor's Complete Response; provided, that for services rendered subsequent to the first fiscal year of the term hereof, said schedule may be modified to the extent appropriate to eliminate initial orientation activities. Nothing herein contained shall be deemed to modify the submittal date of the annual financial report, management letter and adjusting entries. Notwithstanding the foregoing, City may grant reasonable extensions of time for the performance of services hereunder occasioned by unavoidable delays, circumstances or events beyond the reasonable control of the Auditor. If during any audit performed hereunder, Auditor becomes aware of any significant deficiencies in the design or operation of the internal financial control structure of the City, Auditor shall communicate such conditions and/or managerial opinions with recommendations to City in a management letter separate from Auditor's audit report. 6. STATUS. In the performance of services hereunder, Auditor shall be, and is, an independent contractor, and shall not be deemed to be an employee or agent of City. 7. TERM. The term of this agreement shall be three (3) years, covering fiscal years (July 1 - June 30) 1998 through 2000, with an option to renew exercisable by City for fiscal years 2001 and 2002, unless earlier terminated as provided below. Agrnt-148 F/sh/sh/RC/Council DES:djk 04/15/98 -3- r .. ,--..- T