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ADMINISTRATIVE AND SOFT COST MANAGEMENT SERVICES <br />A CONTRACT MADE THIS DAY OF , 2022 BY AND BETWEEN <br />THE CITY OF PARIS, HEREINAFTER REFERRED TO AS THE CLIENT, AND <br />GRANTWORKS, INC., AUSTIN, TEXAS, HEREINAFTER REFERRED TO AS THE <br />CONSULTANT. <br />I. SCOPE OF BASIC SERVICES: Consultant agrees to render Client the professional <br />grant administration services and soft cost management services for Client's HOME <br />Programs (HRA/OCC/PWD) including the Reservation System, hereinafter referred to as <br />the Program, administered by the Texas Department of Housing and Community Affairs, <br />hereinafter referred to as the Department, as provided in the provisions entitled "Scope <br />of Basic Services," attached hereto and incorporated by reference herein. <br />II. TIME OF PERFORMANCE: The time of services of Consultant shall begin at time of <br />award for Professional Services by Client. All services required and performed hereunder, <br />shall be completed within the time frame approved by the Department. Consulting <br />services are contracted for five years. Client, through action of the governing body, may <br />option to extend services for another two years. <br />Ill. COMPENSATION AND METHOD OF PAYMENT: For and in consideration of the <br />foregoing: Client agrees to pay Consultant, from Program Funds, a fee of 4% of the <br />building hard costs, not to exceed Fifty -Four Hundred dollars and no cents, ($5,400) for <br />administrative management services per house up to ten (10) houses. These <br />administrative services can include: <br />- General Recordkeeping <br />- Financial Management <br />-Affirmative Marketing Plan <br />- General contract oversight <br />- Construction management <br />- Education of title companies and coordination of closings <br />-Assistance in monitoring reviews <br />Client agrees to pay Consultant a fee of Twelve Thousand and no cents Dollars ($12,000) <br />from Program funds per house up to ten (10) houses. <br />Fee shall be due upon completion <br />of the contracted soft cost service. This agreement for service can include, but is not <br />limited to, the following <br />services and some services <br />will be performed by third party <br />service providers. <br />Affirmative Marketing <br />Legal Filings <br />Specification Manual <br />Cost Estimates <br />Plans <br />Specification Preparation <br />Environmental Review <br />Pre -Construction Conference <br />Surveys <br />Work Write -Up <br />Progress Inspection <br />Final Inspection <br />Initial Inspection <br />Punch List <br />Schedule of Values <br />Title Company Coordination <br />Recordation Fees <br />Appraisal <br />Closing Costs <br />Title Search <br />Utility cutoff Education <br />Demo/Disposal Coordination <br />Instructional walkthrough <br />Confirm Spec. Adherence <br />