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2017-005 - Authorizing Resource Management & Consulting Company to provide administrative services for an anticipated Texas Department of Housing & Community Affairs HOME Fund grant
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2017-005 - Authorizing Resource Management & Consulting Company to provide administrative services for an anticipated Texas Department of Housing & Community Affairs HOME Fund grant
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1/25/2017 10:42:23 AM
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CITY CLERK
CITY CLERK - Date
1/23/2017
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PART III <br />PAYMENT SCHEDULE <br />City shall reimburse (Contractor) for management /administrative services provided for completion of the <br />following project milestones per the following percentages of the maximum contract amount: <br />Total 100% <br />NOTE: Percentages of payment listed here are guidelines based on management services <br />typically provided. The payment schedule should be tied directly to the actual Scope of <br />Work identified in Part II - Administrative Scope of Services. Localities may also opt to <br />reimburse Professional Services Contracts on an hourly basis. <br />% of <br />Milestone / Task <br />Contract <br />Fee <br />• <br />Establishment of Recordkeeping System <br />5% <br />• <br />Completion of Environmental/Special Conditions Clearance <br />15% <br />• <br />Completion of all Acquisition Activities <br />10% <br />• <br />Completion of the Bid/Contract Award Process <br />15% <br />• <br />Labor Standards Compliance /Completion of Construction <br />15% <br />• <br />Comply with EEO / Fair Housing Requirements <br />10% <br />• <br />Program and Financial Management <br />20% <br />• <br />Filing of all Required Close -out Information <br />10% <br />Total 100% <br />NOTE: Percentages of payment listed here are guidelines based on management services <br />typically provided. The payment schedule should be tied directly to the actual Scope of <br />Work identified in Part II - Administrative Scope of Services. Localities may also opt to <br />reimburse Professional Services Contracts on an hourly basis. <br />
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