Orange County NC Website
56' <br /> -2- <br /> , <br /> 3. ssopeslEervices. Agency shall do, perform and <br /> carry out in a satisfactory and proper manner the work and <br /> services described in Attachment "A" for as described in <br /> FY 84 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 commence 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 /> June Di HA • <br /> 5. Compensation and Method of Payment, The Agency <br /> shall be compensated for the work and services to be performed <br /> under tilis contract as set forth in Attachment "B" which is <br /> attached hereto and made a part hereof. In no event, however, <br /> will thje total compensation and reimbursement, if any, to be <br /> paid th Agency under this contract exceed the sum of <br /> Slxtv-seiren thousand, eight hundred forty-one dollars (67,840. <br /> 6.1 Progress Payments. Unless otherwise provided in <br /> Attachment "B", the Agency shall be entitled to receive <br /> progres s payments on the following basis; As of the last <br /> day of each calendar quarter during the existence of this <br /> contract, the Agency shall submit to COG an invoice for <br /> paymenli 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 ten (10) days following the end of the invoice period. <br /> The Agency will be paid an amount which bears the same ratio <br /> to the total compensation to be paid to the Agency under <br /> this contract as the work and services actually performed as <br /> of the end of the invoice period bear to the total work and <br /> services to be performed by the Agency under this contract, <br />