Orange County NC Website
-2- <br /> 3. Scope of Services. Agency shall do, perform and <br /> carry out in a satisfactory and proper manner the work and <br /> services escribed in Attachment "A" (or as described in FY <br /> 81-83 Area Plan) which is attached hereto and made a part <br /> hereof. <br /> 4 . Time of Performance. The services of the Agency <br /> are to dom I mence no later than fifteen (15) days after the <br /> execution of this contract and shall be undertaken and <br /> pursued in such sequence as to assure their expeditious <br /> completion and as may be required in Attachment "A" . All <br /> services required hereunder shall be completed on or before <br /> 5. Compensation and-Method of Payment. The Agency <br /> shall be compensated for the work and services to be performed <br /> under this contract as set forth in Attachment "B" which is <br /> attached hereto and made a part hereof. In no event, however, <br /> will the total compensation and reimbursement, if any, to be <br /> paid the Agency under this contract exceed the sum of <br /> J $40, 899 <br /> 6. Pro gress Payments. Unless otherwise provided in <br /> Attachment "B" . the Agency shall be entitled to receive <br /> progress payments I n the following basis: As of the last <br /> day of eac . calendar quarter during the existence of this <br /> contract, Le Agency shall submit to COG an invoice for <br /> payment based on the percentage of completion of the Project <br /> through the invoice period. Subject to COG's right to <br /> verify the accuracy of the invoice and the satisfactory <br /> performance of the work evidenced thereby, COG will make <br /> payments to the Agency on a monthly basis as the work progresses <br /> but not more often than once a month. Invoices must cover a <br /> period ending with the end of a quarter and must be received <br /> within tenl (10) days following the end of the invoice period. <br /> The Agency will be paid an amount which bears the same ratio <br /> .1..., &U- A.-A. -I <br />