R2001-232 AUTHORIZING AGREEMENT - Laserfiche WebLink

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� , 3 � natice. The bill sha11 be accompani� by a voucher from the material supplier indicating paymeut by the COMPANY. Payment under this paragraph sha11 not be claimed for any bill totaling less than$500. In the event the COMPANY fails to install the stored material within an 18-month period subsequent to payment to the COMPANY, the COMPANY shall promptly deliver the stored materia.l to the CTI'Y at a location indicated in a written notice to the COMPANY. Upon delivery,the CTTY shall then take possession of said material for the CTTY'S own use. The delivery of the material to the CTTY shall in no way serve to tenninate this agreemeut or affect the other provisions of this agreeme�t and in addition shall not affect the COMPANY'S right to claim payment for stockpiled material to replace that talcen by the CTTY. SECTION 6. The COMPANY, for performance of its work as herein specified, may bill the CTI'Y monttily(in sets of two) for the CTTY'S 100%share of its expenses as incurred. These progressive ' invoices may be rendered on the basis of the estimated percentage of the work completed, plus allowable additives. The CTTY, after verifying thax the bills are reasonable and proper, shall promptly reimburse the COMPANY for 95%of the amou�t billed. Payment under this paragraph shall not be claimed for any bill , totaling less than$500. The COMPANY, upon completion of its work, sha11 prompdy render to the CTTY a detailed final statemern (in sets of two) of its actual expenses as incurred. After the CTTY has checked the final statement and agreed with the COMPANY that the costs are reasonable and properly set up, insofar as they aze able to ascertain, the CIT'Y sha11 then reimburse the COMPANY an amowrt, less previous payments, if any, equal to 95%of the amourn billed. After the CI'I'Y has audited the expenses as incuned by the COMPANY and final inspection of the installation has been made, the C1TY sha11 reimburse the Ii COMPANY for the retained amowrts less the deduction of any item (or items) of expense found as not � being eligible for reimbursemern.