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6.1.M. - Page 17 <br />EXHIBIT D <br />PAYMENT RATES <br />Payment Schedule. In consideration for the Software, Hardware and Services to be provided by <br />CONTRACTOR under this Agreement, the CITY agrees to pay CONTRACTOR the amount of <br />One Hundred Forty -Seven Thousand Sixty -One Dollars and Thirty -Five Cents ($147,061.35) <br />("Contract Amount") itemized in Exhibit A according to the following schedule ("Payment <br />Schedule"): <br />Milestone Amount of Pavment <br />Contract Signing 25% of Contract Amount <br />Delivery of software and hardware 25% of Contract Amount <br />Operational Use of Software 50% of Contract Amount <br />The CITY shall not be entitled to withhold or delay payments due to CONTRACTOR pursuant to <br />the above Payment Schedule due to delay in the delivery, installation, or testing of the Software <br />where the delay is the result of action or inaction or breach of this Agreement by the CITY, its <br />agents or employees or the action or inaction of a third party which is not within CONTRACTOR's <br />reasonable control. <br />ATTY/AGR/2018.172/TELECOMMUNICATIONS ENGINEERING ASSOCIATES <br />REV: 08-07-18 RL <br />Page 15 of 17 <br />