Valdez Construction 6/12/2023 - Laserfiche WebLink

DocuSign Envelope ID:2A1A1B97-7E12-4D08-A7FA-F9F6EB801815 SPECIAL TERMS AND CONDITIONS CAPITAL STATE FUNDS 1.1. CONTRACT MANAGEMENT The Representative for each of the parties shall be responsible for and shall be the contact person for all communications and billings regarding the performance of this Contract. The Representative for COMMERCE and their contact information are identified on the Face Sheet of this Contract. The Representative for the Grantee and their contact information are identified on the Face Sheet of this Contract. The Grantee and COMMERCE will notify the other party in writing of any of the contact information changes at any time. 1.2. COMPENSATION COMMERCE shall pay an amount not to exceed the amount shown as grant amount on the Contract Face Sheet for the performance of all things necessary for or incidental to the performance of work as set forth in the Scope of Work. 1.3. CHANGES TO SCOPE OF WORK All changes to the scope of work must be approved by COMMERCE prior to construction. In the event that a change to the Scope of Work occurs that would have changed the outcome of the application, COMMERCE reserves the right to reevaluate the project based on the original criteria outlined in the Notice of Funding Opportunity. Revisions that fail to meet the same criteria as the original application may lose grant funds, in part or in whole. If the revised project is no longer eligible for funding, the Grantee agrees to repay grant funds as requested by COMMERCE. 1.4. MATCH If the Grantee fails to provide the agreed to match, including resulting from a change in project costs to the Grantee, COMMERCE reserves the right to reduce the award amount to maintain the agreed to match requirements. 1.5. BILLING PROCEDURES AND PAYMENT COMMERCE will pay Grantee upon acceptance of the applicable deliverable and receipt of properly completed invoices,which shall be submitted to the Representative for COMMERCE not more than once per month. The invoices shall describe and document, to COMMERCE's satisfaction, a description of the work performed, the progress of the project, and amount of funds requested. The invoice shall include the Grant Number referenced on the Contract Face Sheet. The Grantee is required to maintain documentation to support invoiced costs and cost share obligations.The Grantee shall make these documents available to COMMERCE if requested. COMMERCE will pay Grantee the amounts set forth in Attachment B upon full completion of each Milestone. Upon full completion of each Milestone, Grantee will provide an invoice and any required supporting documentation to the Representative of COMMERCE. Except as may be agreed by COMMERCE in its discretion, COMMERCE shall only be obligated to make payments upon demonstration of completion of all Deliverables within a given Milestone. However,it is acknowledged that in the event that Deliverables of a Milestone is delayed due to circumstances outside Grantee's control, COMMERCE may, in its sole discretion, reasonably negotiate with Grantee regarding paying for the Milestone Deliverables that are completed. Payment shall be considered timely if made by COMMERCE within thirty(30)calendar days after receipt of properly completed invoices. Payment shall be sent to the account designated by the Grantee, as associated with the State Wide Vendor Number. Contract#«Contract_Numbere 6 Electrification of Transportation Systems