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<br />EXHIBIT"B" <br /> <br />III. <br /> <br />ÇOMPENSA TION AND METHOD OF P A YMEl'c"T <br /> <br />A. <br /> <br />çompensation for Servj~e~ <br /> <br />The A~t:llcy ~hall compensate I<att Hol1is for services performed hereunder in accordance with the <br />feHowing schedule, which will remain in effect for one year from the date of this Agreement, at which point a <br />new schedule may be negotiated. <br /> <br />President/Sr. Vice President <br />Vice Presidents <br />Senior Associates <br />Associates <br />Senior An~l)'~ <br />Analysts <br />Research Analysts <br />SecretarialJ Administrative <br /> <br />$160 per hour <br />$150 per hour <br />$130 per hour <br />$110 per hour <br />$ 90 per hour <br />$ 70 per hour <br />$ 60 per hour <br />$ 45 per hour <br /> <br />B. <br /> <br />Compensation tor Expenses <br /> <br />The Agency will compensate Katz Hollis fot actual out-or-pocket expenses incurred by Katz Hollis in <br />'-=U!uJectÎon with services perfonned in accordance with the following schedule: <br /> <br />Incurred Expenses - by an amount equal to actual incurred expenses- <br /> <br />Automobile Mileage - at the rate of $0.29 per mile. <br /> <br />Photocopies - at the rate of $0.10 per page for each document copy in excess of five (5) <br />document copies. <br /> <br />"Incurred expenses" include, but are not limited to, authorized travel by common carrier; long distance <br />telephone calls; commercial reproduction; assessment map and roll acquisition or reproduction; shipping and <br />messenger services; and other similur expenses, Incurrc.d cxpcn3cs do not include normal overhead ex-pen¡;es. <br /> <br />c, <br /> <br />Method of Paymeut <br /> <br />Within thirty (30) days after the last day of any month in which services have been performed <br />hereunder, Katz Hollis shall !\nhmit an invoice to the Agency stating the amount due Katz Hollis for such <br />services, and containing a breakdown of the charges by project, compensation classification, hour1y rate and <br />number of hours worked. The invoice shall also contain an itemization of out-of-pocket expenses incurred by <br />Katz Homs and for which CUUJp=usation is due. <br /> <br />Payment of the invoice will be made after acceptance and approval by the Agency within thirty (30) <br />days of receipt of such invoice. Agency's approval ot'the invoice shan not be unreasonabl;y withheld. A <br />charge of 1 % per month will be added to all past due accounts. <br />