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Within thirty (30) days of receipt of each such invoice, CITY shall make payment <br />in the amount shown by CONTRACTOR's approved statements and other documentation <br />submitted. Such payments shall be subject to the Texas Prompt Payment Act, Texas <br />Government Code §§ 2251.001, et seq. <br />Nothing contained in this Contract shall require CITY to pay for any work that is <br />unsatisfactory as determined by CITY or which is not submitted in compliance with the <br />terms of this Contract, nor shall failure to withhold payment pursuant to the provisions <br />of this section constitute a waiver of any right, at law or in equity, which CITY may have <br />if CONTRACTOR is in default, including the right to bring legal action for damages or <br />for specific performance of this Contract. Waiver of any default under this Contract shall <br />not be deemed a waiver of any subsequent default. <br />IV. <br />Revisions of the Sco a of Services <br />CITY reserves the right to revise or expand the scope of services after due approval <br />by CITY as CITY may deem necessary, but in such event CITY shall pay CONTRACTOR <br />equitable compensation for such services. In any event, when CONTRACTOR is directed <br />to revise or expand the scope of services under this Section of the Contract, <br />CONTRACTOR shall provide CITY a written proposal for the entire cost involved in <br />performing such additional services. Prior to CONTRACTOR undertaking any revised <br />or expanded services as directed by CITY under this Contract, CITY must authorize in <br />writing the nature and scope of the services and accept the method and amount of <br />compensation and the time involved in all phases of the Project. <br />It is expressly understood and agreed by CONTRACTOR that any compensation <br />not specified in Paragraph III hereinabove may require approval by the City Council and <br />is subject to the current budget year limitations. <br />V. <br />Term and Time of Performance <br />The effective date of this Contract shall be February 14, 2024, and shall conclude <br />on December 31, 2024 (the "initial term"). This Contract shall automatically renew for <br />up to four (4) one-year renewal terms, for a total of five one-year terms inclusive of the <br />initial and renewal terms subject to the CITY'S appropriation of funds in each budget <br />year affected by this Contract. Either party may opt out of any or all renewal terms by <br />giving the other party written notice no later than thirty (30) days prior to the expiration <br />of a term in accordance with Section XVIII herein. <br />The CONTRACTOR shall commence services upon execution of this Contract. <br />