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<br />. I <br />. . <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />ARTICLE 2. COMPENSATION <br /> <br />In consideration for the performance of the said work and services, Principal Representative <br />agrees to pay to Consultant fees and charges not to exceed one hundred thousand dollars and <br />zero cents ($ 100,000.00). The total fees and expenses shall be payable upon completion of the <br />work and services and acceptance by the Principal Representative. Payment shall be made up to <br />ninety (90) percent of the amount invoiced by the Consultant. Ten (10) percent of each invoiced <br />amount will be retained by the Principal Representative and provided to the Contractor within <br />thirty (30) days of the completion of the Project. <br /> <br />ARTICLE 3. CONSULTANT CERTIFICATION <br /> <br />In accordance with Section 24-30-1404(1), C.R.S., the Consultant has executed a certificate, <br />which is attached hereto and made a part hereof by reference as Exhibit C, stating that wage <br />rates (Exhibit B), and other factual unit costs supporting the compensation paid by the State for <br />these professional services are accurate, complete, and current. The original Agreement price <br />and any additions thereto shall be adjusted to exciude any significant sums by which the State <br />determines the Agreement price has been increased due to inaccurate, incomplete, or non- <br />current wage rates and other factual unit costs. All such contract adjustments shall be made <br />within one year following the end of this Agreement. <br /> <br />ARTICLE 4. AGREEMENT EXPIRATION <br /> <br />Unless sooner terminated, this Agreement shall remain in effect until the work and services are <br />completed and accepted by the Principal Representative. <br /> <br />ARTICLE 5. CONTINGENT FEE PROHIBITION <br /> <br />In accordance with Section 24-30-1404(4), C.R.S., the Consultant warrants that he has not <br />employed or retained any company or person other than a bona fide employee working solely for <br />him, to solicit or secure this Agreement, and that he has not paid or agreed to pay any person, <br />company, corporation, individual or firm, other than a bona fide employee working solely for him, <br />any fee, commission, percentage, gift, or other consideration contingent upon, or resulting from <br />the award or the making of this Agreement. For breach or violation of this warranty, the State <br />shall have the right to terminate this Agreement without liability and, at its discretion, to deduct <br />from the Agreement price, or otherwise recover the full amount of such fee, commission, <br />percentage, or consideration. <br /> <br />ARTICLE 6. TERMINATION OF AGREEMENT <br /> <br />Any breach of the terms and conditions of the Agreement by the Consultant shall, unless waived <br />by the Principal Representative in writing, constitute a default by the Consultant hereunder and <br />the Principal Representative shall thereafter have no obligation to the Consultant, and may select <br />any of the remedies available to the Principal Representative under law. In the event of default by <br />the Consultant, the Agreement may be terminated upon seven (7) days written notice to the <br />Consultant by the Principal Representative with copies filed with the State Controller. <br /> <br />2 of 7 <br />