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1993-10-23_REVISION - M1988112
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1993-10-23_REVISION - M1988112
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Last modified
6/20/2021 10:17:14 AM
Creation date
11/21/2007 2:17:08 PM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
M1988112
IBM Index Class Name
Revision
Doc Date
10/23/1993
Doc Name
DRAFT AGREEMENT FOR 3RD PARTY OVERSIGHT & REVIEW & MEMO OF UNDERSTANDING
From
PARCEL MAURO HULTIN & SPAANSTRA PC
To
DMG
Type & Sequence
AM1
Media Type
D
Archive
No
Tags
DRMS Re-OCR
Description:
Signifies Re-OCR Process Performed
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<br />and the Contract Price and, if it were not so, shall contain an explanation of the reason for <br />the excess and the amount of excess and a request for an increase of either the Term or the <br />Contract Price, or both. As stated in Section 3.1, above, the Contract Price shall be the <br />maximum compensation payable to Contractor under this Agreement, unless t~ontractor has <br />requested, and BMRI has accepted a Change Order to such effect. <br />3.4 Each such invoice also shall contain Contractor's certification that the task or <br />portion of the Work described in the invoice has been completed in accordance with the <br />Contract Documents, that the amount of all items due to third parties, if any, which have <br />been previously invoiced to BMRI and for which BMRI has remitted payment has been paid <br />by Contractor, and that the amount of such invoice is due to Contractor. Suc}~ invoice shall <br />not contain any separate, itemized charge for Contractor's overhead. <br />3.5 Within thirty (30) days after receipt of an invoice and accompanying financial <br />and technical progress report, prepared as described herein, BMRI shall pay the full amount <br />of the invoice. If, however, BMRI objects to all or any portion of any invoice, BMR[ shall <br />so notify DMG and Contractor of the same, stating the reasons for the obje~:tion. BMRI <br />shall be entitled to withhold payment of only the amount in dispute. The parties shall <br />immediately make every effort to settle any disputed portion of the invoice. All undisputed <br />invoiced amounts not paid within 35 days shall accrue interest at the rate of 1~'o per month. <br />Any disputed portions of the invoiced amount shall be paid within 20 days of t.ne resolution <br />-8- <br />
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