AgdaPkt 2003-08-25 - Laserfiche WebLink

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�- I F-15 Exhibit B METHOD AND RATE OF PAYMENT TO CONTRACTOR In full consideration of the services provided by the Contractor pursuant to this Agreement, the County shall pay the Contractor a Quarterly Amount not to exceed $14,681.50 (see break down of costs below) upon receipt of invoice. The Contractor shall submit invoices within 30 days of the end of the billing period and the County shall pay the invoices within 20 working days following receipt of invoice and required reports as shown below. The total amount of the contract shall not exceed $58,726 except in those circumstances where match funds remain at the end of the fiscal year and not to exceed $10,000 as approved by the Director of Human Services Agency or her designee. Quarterly Break down of costs: Funding Source Amount General Funds + Community Development Block Grant (CDBG) funds: I $ 10,440.50 Matching Funds not to exceed: I *$ 4,241.00 Total not to exceed per quarter: $ 14,681.50 * The incentive match funds will be based on the amount of new funds raised by the contractor for the FY 2003 -04 and will not exceed $4,241.00 per quarter or $16,964.00 per Fiscal Year. Should there be any unused matching funds at the end of the Fiscal Year, the Human Services Agency Director or her Designee may distribute the unused matching funds to those Core Service Contractors who exceeded their fund raising goals.) Invoices and reports to be mailed to Rosa Mendoza, HCD Specialist, 262 Harbor Boulevard, Building A, Belmont, CA 94002. Report required to process invoices: Quarterly reports must contain the following information: • Client services delivered • Client demographics as required by CDBG funding (if applicable) • Number of clients served in unincorporated area of Redwood City • Documentation of successfully funded commitments of new or increased revenues for the Fiscal Year 2003 -04 13