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<br />Paris, Texas. The majority decision of these arbitrators shall be <br />binding upon both parties. Arbitrators shall be men capable by <br />training and experience to understand and pass upon the problems to <br />be considered. No one shall serve as arbitrator who has or has had <br />any financial or pecuniary interest with any of the parties. No <br />arbitrator shall be an advocate for either of the parties. <br /> <br />4. <br /> <br />Bindincr Upon Successors: This Agreement shall be binding upon <br />undersigned parties, their successors, partners, assigns, and <br />representatives. <br /> <br />the <br />legal <br /> <br />5. Ownership of Documents: All original drawings shall be submitted to <br />and become property of the City. <br /> <br />6. <br /> <br />Disclaimer Statement: The Consultant agrees that all final <br />lished documents and reports shall contain on the inside front <br />the required disclaimer statement as applicable at the time of <br />preparation. <br /> <br />pub- <br />cover <br />their <br /> <br />7. <br /> <br />Quarterlv Procrress Reports: Quarterly <br />submitted to the City and 'the F.A.A. by <br />(5) days following the beginning of each <br /> <br />progress reports will be <br />the Consultant within five <br />quarter. <br /> <br />8. Procurement Standards: The Consultant understands and agrees that <br />the type of instruments used, (i.e., fixed price contracts, cost <br />reimbursable contracts, purchase orders, incentive contractors, <br />etc.), shall be appropri?te:for the particular procurement and for <br />promoting the best interest of the Airport Master Plan Study under <br />the Airport Improvement' Program (A.I.P.). Furthermore, the <br />Consultant certifies that the "cost-plus-a-percentage-of-cost" <br />method of contra6ting shall not be used. Standards identified in <br />Attachment 0 of OMB Circular A-102 will be utilized as attached and <br />incorporated herein., <br /> <br />IN WITNESS WHEREOF, the parties hereto have executed this Agreement, the <br />day and year first above-written. <br /> <br />ATTEST: <br /> <br />, CITY OF PARIS <br /> <br />By: <br />Eric S., Clifford~ Mayor <br /> <br />City Clerk <br /> <br />BUCHER, WILLIS & RATLIFF <br />CONSULTING ENGINEERS, PLANNERS & ARCHITECTS <br /> <br />By: <br />Jaroes Ray Flemons Pa~tner <br />