Orange County NC Website
Page Three <br /> SERVICE AGREEMENT <br /> (a) That it will maintain in full force and effect during the term of <br /> this contract, or any renewal or extension thereof, such insurance <br /> or bond, and in such amount, as the County/City may require to indemnify <br /> the County/City against any theft of coupons while they are in the <br /> actual or constructive possession of the Contractor, its agents and <br /> employees, and against any loss or shortage of coupons or other loss <br /> arising out of any act or omission of the Contractor, its agents and <br /> employees. <br /> (b) That if the County/City suffers any Loss of any shortage or reduction <br /> in coupons by reason of any act or omission of the Contractor, its <br /> agent or employees, the County/City, at its election, may recover <br /> the value of its Josses by requiring that the Contractor pay the amount of <br /> 1 <br /> such loss or by deducting the amount of such Joss from service payments due <br /> the Contractor under this contract or both; but in no event shall the <br /> amount recovered by the County/City hereunder exceed its losses. <br /> IV.. AUDITS AND PROCEDURES. As required the Contractor will allow on-site <br /> reviews, audits, and inspections by County/City, State, or Federal staff and comply <br /> with their procedural requirements. Any deviations from rederal or State guidelines <br /> and procedures by either Contractor or County/City must have both the State Office and <br /> FNS prior approval. <br /> V. DEFAULT AND TERMINATIM <br /> (a) Upon default by County/City. Contractor and County shall determine and <br /> receive from County/City the sum due for services rendered. In the event <br /> Contractor shall be required to institute a suit to collect any unpaid <br /> service payments due under this service agreement, and obtains a judgement <br /> in court, Contractor shall be entitled to reasonable attorney's fees set <br /> by the Court which shall not be more than 19 per cent of the service payments <br /> so recovered by the Contractor from County/City. <br />