Laserfiche WebLink
bill covering the LA'S share direc tly to� the L�A. After the STATE and LA have <br /> checked the final statement and ,agreed with the COMPANY that the costs are <br /> � reasonable and properly set up, insofar as they are able to ascertain, the STATE <br /> shall then reimburse the COMPANY an amount, less previous payments, if any, equal � <br /> to 95% of the amount billed. The LA shall also reimburse the COMPANY an amount, <br /> less previous payments, if any, equal to 95� of the amount of its share as billed. <br /> After the STATE has audited the expenses as incurred by the COMPANY, and final � <br /> . <br /> inspection of the installation has been made, the STATE and LA shall reimburse the <br /> COMPANY for the retained amounts less the deduction of any item (or items) of <br /> expense found as not being eligible for reimbursement. <br /> SECTION 7. Materials recovered and not accepted for reuse by the COMPANY, , <br /> if determined to have a net sale value, shall be disposed of by the COMPANY, and <br /> the credit to the projec t shall be at the going prices supported by the records of <br /> the COMPANY. <br /> SECTION 8. The COMPANY shall notify the STATE and LA of the date on which <br /> � the completed installation will be ready for final inspection. <br /> SECTION 9. When construction of this projec t is completed, and so long as <br /> State law shall so require, the COMPANY shall maintain at its expense or, by <br /> agreement with others, provide for maintenance of the grade crossing sl�rface. <br /> SECTIOiV 10. Upon completion of work, the COMPANY agrees that it will not <br /> remove or replace any of the rubber crossing materials without having first <br /> obtained concurrence from the LA. If the crossing proper, or any part thereof, is <br /> to be eliminated, removed or replaced due to changes proposed or required by the <br /> STATE or LA, the crossing materials shall be removed by the COMPANY, at STATE or LA <br /> expense, and the rubber crossing panels turned over to the LA. If the crossing <br /> proper, or any part thereof, is to be eliminated, removed or replaced for any <br /> reason proposed or required by the COMPANY, the crossing materials shall be removed <br /> by the COMPANY, at its expense, and the rubber crossing panels turned over to the <br /> LA. <br /> -4- <br />