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1983
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1983
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9/3/2015 9:01:00 AM
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CITY CLERK
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foundation investigations, laboratory testing, <br />boring, travel, meals and lodging. Goods and <br />services provided by ENGINEER or by affiliated <br />enterprises will not be reimbursed. The amount of <br />reimbursable expenses will be subject to limits <br />established in Section F of this paragraph. <br />C. Overhead and Profit. After the satisfactory <br />completion of each phase established in paragraph <br />2, CITY shall pay ENGINEER profit and overhead as <br />in accordance with Section F of this paragraph. <br />D. Cost Record. Record of all costs and charges <br />associated with the project shall be maintained by <br />ENGINEER. Adequate detail hourly time records of <br />all employees who devote time to the work and <br />whose salaries are in total or in part charged <br />against the project will be separately maintained. <br />These records together with paid receipts for all <br />other charges will be available for inspection by <br />CITY. <br />E. Payment. ENGINEER will submit monthly detailed <br />bills to CITY by the 15th of the month following <br />service rendered. CITY will pay such bills within <br />10 days. <br />F. Payment Limitations. Payment for direct salary <br />costs, reimbursable expense, overhead and profit <br />shall not exceed the following limits: <br />(1) Preliminary Design - Permit Stage: <br />Direct Salaries - $ 4,500.00 <br />Expense Reimbursement - $ 11,000.00 <br />Overhead /Profit - $ 3,500.00 <br />(2) Design -Bid Phase: <br />Direct Salaries - $ 4,000.00 <br />Expense Reimbursement - $ 2,500.00 <br />Overhead /Profit - $ 3,500.00 <br />G1 <br />
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