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2020-044 - Authorizing Management Agreement with Resource Management for administration services for 2020 TxCDBG FAST Grant
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2020-044 - Authorizing Management Agreement with Resource Management for administration services for 2020 TxCDBG FAST Grant
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8/25/2020 12:44:43 PM
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8/25/2020 12:39:16 PM
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CITY CLERK
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PART III <br />PAYMENT SCHEDULE <br />City shall reimburse Contractor for management/administrative services provided for completion <br />of the following project milestones per the following percentages of the maximum contract <br />amount: <br />% of <br />Milestone / Task Contract <br />Fee <br />• Establishment/Maintenance of Recordkeeping System 30% <br />• Completion of Environmental/Special Conditions 5% <br />Clearance <br />Labor Standards Compliance/Completion of 5% <br />Construction <br />• Comply with EEO / Fair Housing Requirements 20% <br />• Program and Financial Management 30% <br />• Filing of all Required Close-out Information 10% <br />Total 100% <br />_.-...... .....----- ------ __............................. <br />NOTE: Percentages of payment listed here are guidelines based on <br />management services typically provided. The payment schedule should be <br />tied directly to the actual Scope of Work identified in Part II - Administrative <br />Scope of Services. Localities may also opt to reimburse Professional <br />Services Contracts on an hourly basis. <br />
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