Agmt13 Devastating Pyrotechnics - Laserfiche WebLink

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stoppages, or other labor disturbances conducted by, or on behalf of, ConsultanYs officers or employees. Consultant acknowledges the importance to City of City's project schedule and agrees to use its best professional efforts to meet the schedule. City understands that ConsultanYs performance must be governed by sound practices. 5. Time is of the Essence. Time is of the essence for each and every provision of this Agreement. 6. Compensation. For the Services described in Exhibit A, the City shall pay to Consultant Thirty-Nine Thousand Five Hundred Dollars ($39,500) which includes all applicable taxes, expenses and permit fees including the Redwood City Fireworks Display Permit cost of$334.00 and $25.00 filing fee. Fifty percent(50%) of the $39,500 amount will be paid to Consultant upon execution of the agreement. The remaining amount will be paid to Consultant upon receipt of an invoice following completion of the Services listed in Exhibit A. In no event shall Consultant submit any billing for an amount in excess of $39,500, which is the maximum amount of compensation to be expended under this Agreement. Consultant agrees to comply with the following requirements: 6.1 An application for payment form must be submitted to City which shall include the following: a clear, detailed invoice reflecting work being billed for, a summary sheet showing hourly rates, hours worked, percentage of work completed to date, amount/percent billed to date and current status of all tasks within a project; any/all backup documentation supporting the above items. Work schedule updates must also be included with the payment requests. 6.2 Consultant shall maintain adequate records and shall permit inspection and audit by City of Consultant's charges under this Contract. Consultant shall make such records available to City during normal business hours upon reasonable notice. Nothing herein shall convert such records into public records, and they will be available only to City and any specified public agencies. Such records shall be maintained by Consultant for one (1) year following completion of the work under this Contract unless a longer period of time is required by state or federal law, in which event Consultant shall retain its records for the time required by such laws. ATTY/AGR/2013.056/DEVASTATING PYROTECHNICS(4T"JULY) REV:05-13-13 MLG Page 2 of 9