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Exhibit I <br /> 2. The Consultant shall prepare a monthly progress report indicating the amount of work completed <br /> based on the approved scope of work and any approved addendums. The Consultant shall also <br /> prepare a progress chart showing the upper limit of compensation approved by the contract,the <br /> planned time of completion,the estimated completion to date,the percentage of the approved <br /> contract amount earned,the percentage of elapsed time,and the currently forecasted amount of <br /> work required to complete the project. The Consultant may use an electronic spreadsheet <br /> template prepared by the City's Representative to prepare the progress chart. <br /> 3. No payment request made pursuant to subparagraph 1 of this Section V shall exceed the <br /> estimated maximum total amount and value of the total work and services to be performed by the <br /> Consultant under this Agreement for that phase or additional service without the prior <br /> authorization of the City's Representative. These estimates have been prepared by the Consultant <br /> and supplemented or accompanied by such supporting data as may be required by the City's <br /> Representative. <br /> 4. Upon receipt of a properly invoiced payment request,the City shall pay the amount due less any <br /> amounts allowed to be retained or withheld by the City under this Agreement within 60 days of <br /> receipt of the invoice. <br /> 5. Upon satisfactory completion of the work performed hereunder and prior to final payment under <br /> this Agreement,and as a condition precedent thereto,the Consultant shall execute and deliver to <br /> the City's Representative a release of all claims against the City arising under or by virtue of this <br /> Agreement. <br /> 6. The Consultant and City hereby expressly acknowledge and agree that the Local Government <br /> Prompt Payment Act does not apply to this Agreement. <br /> E. In the event of termination by City under Section IV.E upon the completion of any phase of the Basic <br /> Services,progress payments due to the Consultant for services rendered through such phase shall <br /> constitute total payment for such services. In the event of such termination by City during any phase <br /> of the Basic Services,Consultant also will be reimbursed for the charges of independent professional <br /> associates and consultants employed by Consultant to render Basic Services,and paid for services <br /> rendered during that phase on the basis of Consultant's Direct Labor Costs times a factor defined in <br /> Section V.A.of this Agreementor services rendered during that phase to date of termination by <br /> Consultant's principals and employProject. In the event of any such <br /> termination,Consultant will be paid for all unpaid Additional Services rendered to date and unpaid <br /> Reimbursable Expenses that may have accrued to date. <br /> This Agreement is made between the City and the Consultant entered into on the last date written below. <br /> In witness,the parties have executed this Agreement. <br /> f� <br /> DATED this .� .day of ,_._,2022 <br /> OF DECATUR.I L OI <br /> B <br /> Mayor <br /> City Cle c <br /> Consulta Fi <br /> Last Revised:05/21/2018 B <br /> t ef, M . ptrb"r", pre c.,Ae„�-' <br />