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Any extension will require a written amendment executed by both parties indicating the <br />effective date and length of the extended Agreement. <br />4. Schedule. Contractor will adhere to the schedule set forth in Exhibit A, provided, <br />that City, in its discretion, may grant reasonable extensions when performance of the <br />Services is delayed due to unusually lengthy governmental reviews or other unexpected, <br />unavoidable circumstances. Such circumstances will not include strikes, lockouts, work <br />stoppages, or other labor disturbances conducted by, or on behalf of, Contractor's officers <br />or employees. <br />5. Time is of the Essence. Time is of the essence for each and every provision of <br />this Agreement. <br />6. Compensation. City will pay to Contractor a not -to -exceed amount of Three <br />Hundred Fifty Thousand Dollars ($350,000) for the completion of all the work and services <br />described herein, which sum will include all costs or expenses incurred by Contractor, <br />payable as set forth in Exhibit A. City will have the authority to withhold a 10% retention <br />until it has accepted all of the Services as complete. <br />6.1 Contractor must submit monthly applications for payment that contain the <br />following: <br />6.1.1. A clear, detailed invoice reflecting Services for which Contractor is billing <br />City; <br />6.1.2. A summary sheet showing hourly rates (if applicable); <br />6.1.3. Number of hours worked; <br />6.1.4. Percentage of Services completed to date; <br />6.1.5. Amount/percent billed to date; <br />6.1.6. Current status of all tasks within a project; <br />6.1.7. Any backup documentation reasonably necessary to substantiate the <br />preceding items; and <br />6.1.8. Any changes to the anticipated work schedule. <br />6.2. Invoices must be sent to the Public Works Services Department, Attn: <br />Michael Patolo, 1400 Broadway, Redwood City, CA 94063. Invoices may also be received <br />by email at the City's discretion. <br />6.3 The payment made to Contractor pursuant to the Agreement will be the full <br />and complete compensation to which Contractor is entitled. City will not make any federal <br />REV: 11-24-2020 MI <br />ATTY/AGR.2020.271/SOLitude Lake Management, LLC (Lagoon Management & Environmental Consulting Servi) (Page 2 of 15) <br />