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<br />EXHffilT "I)" <br />PAYMENT AND DELIVERABLES SCHEDULE <br /> <br />Total payment by the District to the City shall not exceed the amount of 5400,000.00. All invoices shall be <br />accompanied by adequate documentation to support actual expenditures incurred by the City within the not-to- <br />exceed amounts specified below in accordance with ~~ of the Ag~elI!~nt. Payment by the District is <br />further subject to receipt of quarterly progress reports and fmanciaI statements from the City with documentation <br />to demonstrate completion of each project task in accordance with Exhibit "en Statement of Work requirements. <br />The City is responsible for reviewing and approving deliverables to ensure that project objectives are met. The <br />City is also responsible for project management, budget management and quality control. <br /> <br /> DISTRICT** <br /> N ot-to-Exteed <br />Task Deliverable Due Date. Payment Total Cost <br /> SUmma!)' Report of <br /> engineering plans <br /> update including <br /> submittal of 100% <br /> engineering plans and <br /> the information <br />Task I: Engineering described in this task <br />Desirn and Pennittine: number 1. months $ $ <br /> Summary Report of bid <br /> documents and <br /> specifications update <br /> including submittal of <br />Task 2: Preparation of the information <br />Bid Documents and described in this task <br />SDecifications number 2. months $ , $ <br />Task 3: _months <br />Construction, Work documents and Pay requests may be <br />Construction Monitoring information described submitted on a <br />and Reporting in this task number 3. Quarterlv basis. $ $ <br /> Final certification and <br /> as.built drawings upon <br /> completion of <br />Task 4: construction and an months <br />- <br />Construction Operations and <br />Certification Maintenance Plan $ $ <br /> Not-to-Exceed Total Payment ) 5400,000.00 $ <br /> <br />'" All dates are referenced from the date of contract execution. <br /> <br />** The District shall only be obligated to pay for documented actual expenditures within the not-to-exceed <br />amounts specified above. In the event actual expenditures by the City are less than the not-to-exceed for a <br />particular task, the City shall have the right to apply the unexpended balance towards a subsequent task. The City <br />shall provide written notice of its decision to exercise this right. In no event shall the District's total obligation <br />exceed $400,000.00 as specified above. <br /> <br />Page 1, Exhibit "0", Payment and Deliverable Schedule, OT050655 <br />