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for the third extension term. Any extension will require a written amendment executed by <br />both parties indicating the 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 Five <br />Hundred Seventy -Five Thousand Dollars ($575,000) for the completion of all the work <br />and services described herein, which sum will include all costs or expenses incurred by <br />Contractor, payable as set forth in Exhibit "A". City will have the authority to withhold a <br />10% retention until it has accepted all of the Services as complete. <br />6.1 Contractor must submit applications for payment that contain the 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. 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 />or state tax withholdings on behalf of Contractor or its officers, agents, employees, <br />consultants, or subcontractors (collectively, "Contractor Personnel"). City will not be <br />required to pay any workers' compensation insurance or unemployment contributions on <br />behalf of Contractor or any Contractor Personnel. Contractor agrees to reimburse City <br />within thirty (30) days for any tax, retirement contribution, social security, overtime <br />payment, unemployment payment or workers' compensation payment which City makes <br />REV: 02-18-2021 MI <br />$77$*5&DO:HVW/LJKWLQJDQG6LJQDOODLQWHQDQFH,QF 3DJHRI <br />