Reso 2002-495 - Laserfiche WebLink

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Project Name: Atlantic Isle Blvd. Improvements '-'-b- - 4. COMPENSATION: "Payroll costs" shall be defined as the cost of salaries and wages together with fringe benefits costs related thereto, which shall include, but not be limited to pro rata amounts for; vacation, holiday and sick leave pay; social security, workmen's compensation insurance and retirement, medical and life insurance benefits, unemployment and payroll taxes; and other benefits of those employee directly engaged in the performance of the requested services. "Reimbursable expenses" shall be defined as: (1) fees of Professional associates (whose expertise is required to render the professional services contracted for herein), the cost of which shall be charged at actual cost plus an administrative charge of 10%; (2) Out-of-Pocket Expenses which shall include, but not be limited to, out-of-town travel expenses (lodging, meals, etc.), job-related mileage at 30 cents ($.30) per mile, printing and reproduction costs, and special field supplies; and (3) Special equipment charges. In the event the requested service requires the use of electronic measuring equipment, computers, plotters, and other special equipment such as boats, swamps buggies, etc., an additional direct charge shall be made for the use of this equipment. 5. INVOICE AND PAYMENT PROCEDURES: CWI shall submit invoices to the Client for work performed during each calendar month. For services provided on a Lump Sum basis, the amount of each monthly invoice shall be determined on the "Percentage of Completion Method" whereby CWI will estimate the percentage of the total work accomplished during the invoicing period. For services provided on the Payroll Costs Plus basis, reimbursable expenses shall be separately itemized. For services provided on the Unit Cost/Time Charge basis, monthly invoices shall include all charges, separately itemized, for services for which "time charges" or "unit cost charges" shall apply (as these terms are defined by Exhibit A which, if applicable, shall be attached to this Agreement at the time of execution). Such invoices shall be rendered by CWI as soon as possible after the end of the month in which the work was performed and shall be due and payable by the Client upon receipt. The Client, as owner, as authorized agent for the owner, or as an authorized representative of a governmental entity, hereby agrees that payment as provided herein shall be made for said work within 30 days from the date the invoice for same is mailed to the Client at the address set forth herein or is otherwise delivered to Client. The Client hereby agrees that the amount represented by unpaid invoices shall accrue interest until paid at 18% per annum beginning the 30th day after the invoice is mailed or otherwise delivered to Client. Engineer may, after giving seven (7) days written notice to Client, suspend services until he has been paid in full all amounts due. Upon cancellation, abandonment or suspension by the Client of the professional services undertaken herein, prior to completion of said services, CWI shall be paid for all work performed to the date of cancellation, abandonment or suspension: (1) pursuant to the terms of this Agreement, on all invoices rendered prior thereto and (2) on a quantum merit basis for all work performed from the last day covered by the last invoice until the date of cancellation, abandonment or suspension. In the event that sales tax is judged by law to be applicable to any portion of services provided under this Agreement, Client agrees to pay such sales tax in addition to the fees outlined herein. 2.- Accepted: Initial: Date: