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REV: 01-09-25 MI <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 this <br />Agreement. <br />6. Compensation. City will pay to Contractor a not-to-exceed amount of Eighty <br />Thousand Dollars ($80,000) for the completion of all the work and services described <br />herein, which sum will include all costs or expenses incurred by Contractor, payable as <br />set forth in Exhibit “A”. City will have the authority to withhold a 10% retention until it has <br />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 <br />billing 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 <br />the 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 <br />federal or state tax withholdings on behalf of Contractor or its officers, agents, <br />employees, consultants, or subcontractors (collectively, “Contractor Personnel”). <br />City will not be required to pay any workers’ compensation insurance or <br />unemployment contributions on behalf of Contractor or any Contractor Personnel. <br />Contractor agrees to reimburse City within thirty (30) days for any tax, retirement <br />contribution, social security, overtime payment, unemployment payment or <br />workers' compensation payment which City makes on behalf of Contractor or any <br />Contractor Personnel for work done under this Agreement. At the City’s election, <br />City may deduct the reimbursable amount from any balance owing to Contractor. <br />ATTY/AGR.2025.003/H2O Solutions, L.L.C. (Water Storage Tank Inspections and Cleaning) REV: 01-09-25 MI (Page 2 of 19) <br />6.E. - Page 5 of 23 <br />56