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i <br /> 4. Schedule. Stanford acknowiedges the importance to City of City's project <br /> schedule and agrees to use reasonable professional efforts to meet the schedule. City <br /> understands that Stanford's performance must be governed by sound practices. <br /> Stanford will adhere to the schedule set forth in Exhibit "A", provided, that City in its <br /> discretion may grant reasonable extensions of time for the performance of such <br /> services occasioned by unavoidable delays occasioned by circumstances. <br /> 5. Time is of the Essence. Time is of the essence for each and every provision of <br /> this Agreement. <br /> 6. Compensation. This is a cost-reimbursement contract. The total fee payable for <br /> the Services to be performed will be $10,000.00. Payment will be made pursuant to the <br /> terms of Exhibit "A." No other compensation for the Research Services will be allowed, <br /> except for items covered by subsequent amendments to this Agreement. City reserves <br /> the right to withhold ten percent (10%) retention until City has accepted only as ta form <br /> and timeliness the Services specified in Exhibit "A." There shall be no additional charge <br /> for expenses unless agreed to by City. Payment shall occur only after receipt by City of <br /> monthly invoices for costs incurred to date but not previously invoiced. Each invoice <br /> shall reference in full the Agreement Number and the amount expended in the current <br /> period and cumulatively to date by major cost category. All invoices will include the <br /> following signed certification: <br /> I hereby affirm that the above bill is correct and just and that payment <br /> thereof has not been received. <br /> The fina! invoice, signed, certified and clearly marked FINAL, witi be forwarded within <br /> forty-five (45) days of Agreement end date. City's final payment to Stanford is <br /> conditional upon receipt and acceptance of all required reports <br /> There shall be no additional charge for expenses unless agreed to by City. The <br /> payment made to Stanford pursuant to the Agreement will be the full and complete <br /> compensation to which Stanford is entitled. City will not make any federal or state tax <br /> withholdings on behalf of Stanford or its agents, employees or subcontractors. City will <br /> not be required to pay any workers' compensation insurance or unemployment <br /> contributions on behalf of Stanford or its employees or subcontractors. <br /> 7. Independent Contractor Status. Stanford will perform the Research Services as <br /> an independent contractor and not as an employee of City. The persons used by <br /> Stanford to provide services under this Agreement shall not be considered employees <br /> of City for any purposes. <br /> 8. Subcontractinq. Stanford will not subcontract any portion of the Research <br /> Services. <br /> ATTY/AGR/2012.189lJOHN W.GARDNER CENTER FOR YOUTH AND THEIR COMMUNITIES,STANFORD UNfVERSITY <br /> REV:12-04-12 PT <br /> Page 2 of 7 <br />