Laserfiche WebLink
4. 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 /> Consulting Engineer 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 Consulting <br /> Engineer and supplemented or accompanied by such supporting data as may be required by the <br /> City's Representative. <br /> 5. 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 /> 6. Upon satisfactory completion of the work performed hereunder and prior to final payment under <br /> this Agreement, and as a condition precedent thereto,the Consulting Engineer shall execute and <br /> deliver to the City's Representative a release of all claims against the City arising under or by <br /> virtue of this Agreement. <br /> 7. The Consulting Engineer and City hereby expressly acknowledge and agree that the Local <br /> Government 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 Consulting Engineer for services rendered through such phase <br /> shall constitute total payment for such services. In the event of such termination by City during any <br /> phase of the Basic Services, Consulting Engineer also will be reimbursed for the charges of <br /> independent professional associates and consultants employed by Consulting Engineer to render <br /> Basic Services, and paid for services rendered during that phase on the basis of Consulting Engineer's <br /> Direct Labor Costs times a factor defined in Section V.A. of this Agreement for services rendered <br /> during that phase to date of termination by Consulting Engineer's principals and employees engaged <br /> directly on the Project. In the event of any such termination, Consulting Engineer will be paid for all <br /> unpaid Additional Services rendered to date and unpaid Reimbursable Expenses that may have <br /> accrued to date. <br /> This Agreement is made between the City and the Consulting Engineer entered into on the last date <br /> written below. In witness,the parties have executed this Agreement. <br /> -?7 r <br /> DATED tlu day o � <br /> THE Cr&01T011t9CATU&ILL41S <br /> By: <br /> Mayor <br /> 4AtT. � <br /> City Clerk <br /> Consulting Engineer Firm <br /> By: <br />