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3 <br />2. COMPENSATION. Metro COG will provide an estimated cost and provide an invoice to <br />the Diversion Authority prior to work on each Project being commenced. The Diversion <br />Authority acknowledges and agrees that the invoice must be paid to Metro COG after execution of contract with Consultant and prior to issuance of first invoice from Consultant. The local cost share amount of the Diversion Authority for the 2017 Project has been <br />calculated to be approximately $238,030.07. The compensation for each Project will be paid <br />from the Diversion Authority to Metro COG according to Section 9 of this Agreement. <br /> 3. DELIVERABLES. The Diversion Authority will receive Project documents in accordance <br />with deadlines and formats and set forth in each Project Contract. Metro COG agrees to <br />provide the Diversion Authority with any Project documents within fifteen (15) days of <br />Metro COG’s receipt of final documents from Consultant. <br /> 4. PROJECT DOCUMENT USE AND OWNERSHIP. The use and ownership of documents <br />produced by each Project shall be governed by the terms of the corresponding Project <br />Contract. <br /> <br />5. PROJECT SCHEDULE. The Project is anticipated to recur every three (3) years. The Project work is generally completed during the spring of a Project year and work product is <br />delivered to Metro COG by the end of the Project year. Metro COG will coordinate with the <br />Diversion Authority the year immediately prior to the Project year to determine the area the <br />Diversion Authority would like collected under the upcoming Project. Metro COG will <br />provide a Project cost estimate to the Diversion Authority during the fall in the year immediately prior to the Project year, so the Diversion Authority may include Project costs <br />in its budget for the following year. <br /> <br />6. TERM. The term of this Agreement shall begin on the Effective Date of this Agreement and <br />continue through December 31, 2029. <br />7. EXTENSION OF TERM. The parties shall have the right to extend this Agreement for such <br />additional period as determined by both parties. Any extension shall be in writing pursuant <br />to the modification terms of this Agreement. <br /> 8. NO REIMBURSEMENT OF EXPENSES. The Diversion Authority will not be responsible <br />for reimbursing Metro COG for any expenses incurred by Metro COG in Consultant <br />procurement and contracting. The Diversion Authority will be responsible for payments to <br />Metro COG as described in this Agreement. <br /> 9. INVOICING AND PAYMENT. <br /> <br />A. Prior to the Diversion Authority’s budget being finalized, Metro COG will provide an <br />estimated Project cost to the Diversion Authority. The estimated cost must be received <br />by the Diversion Authority by or before September 15th in the year prior to the Project, to be included in the Diversion Authority’s budget for the following year. <br /> <br />B. After Metro COG has determined or received the actual Project cost attributable to the <br />Diversion Authority, Metro COG will submit an invoice to the Diversion Authority <br />prior to the Project work being completed. The parties acknowledge and agree that