Orange County NC Website
6~~ <br />services hereunder. 'Such sum shall be paid in every case subject <br />to receipt of a signed r.equisltion for payment in triplicate <br />from the Local Government specifying that the work performed <br />is in conformance with this Agreement and therefore is entitled <br />to.receive the amount requisitioned under the terms of this <br />Agreement. 5houid the Local Government prefer that payment <br />for services rendered in support of this Agreement be directly <br />made to the Contractor, the Local Government shall submit a <br />letter to the Planning Agency rgquesting authorization for the <br />Contractor to requisition for payment on its behalf. The trans <br />Terrance of this right shall not relieve the Local Government <br />of any responsibilities herein stated. <br />The Local Government shall be compensated on a quarterly <br />basis subject to the following: <br />A) Submission of a requisition for payment, in <br />triplicate, accompanied by a detailed statement of <br />work elements performed as specified in Paragraph <br />11, and t"r_e exp~ndttures in each cast category <br />associated tiith each work element performed. <br />Payments .rill be made only on the basis of work <br />performed and anon approval of the quarterly <br />work progress report. <br />B) Except as herein below provided payments made shall <br />not exceed 25~ of the amount specified in Paragraph <br />21. <br />In the event all elements of the work plan called-for in <br />the Grant are completed prior to the end of the fourth quarter, <br />full payr..ent shall be made subject to approval of the final <br />report submitted to the Planning Agency. <br />23) Either party may terminate this Agreement by giving <br />written notice to the other parties of such termination and . <br />specifying the efz"ective date thereof at least thirty ~3C)days <br />(15) <br />