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8 <br />3.0 CONTRACT TERMS <br />3.1 COMPENSATION <br />The CONTRACTOR may submit its invoice to the CITY upon completion of the work <br />required within each unit or after completing the entire work, for processing <br />payment. Contractor shall be paid no more often than once every thirty days. Total <br />payment by the City will not exceed the Contract Price in the Basic Provisions unless <br />the Contract Price is changed by change order. Data collected by the CONTRACTOR, <br />as detailed in Section 4, will be recorded on an Excel spreadsheet and sent <br />electronically to the CITY's Project Manager along with a draft invoice for review prior <br />to official submission. All appropriate columns must be filled in completely and <br />submitted with the invoice for the given work assignment or period, but no less than <br />monthly, and will be reviewed for completeness and accuracy prior to payments <br />being authorized. <br />Upon completion of work in each unit, the CITY will accept the unit as complete, or <br />require the Contractor to specifically address any variances from the requirements of <br />this Contract. Compensation for snags created will be calculated based on the <br />accepted lump sum bid price, where each snag created is assigned an equal value (i.e., <br />payment for each snag created = (accepted lump sum bid / 288 total snags). The CITY’s <br />Project Manager or other authorized representative shall accompany the <br />CONTRACTOR while any variances are corrected. After the CITY has accepted each <br />portion or the entire project as complete, payment will be made to the CONTRACTOR <br />in accordance with the terms and conditions of the Contract. <br />3.2 BIDDING AND QUANTITY OF WORK <br />A.The CONTRACTOR’s lump sum bid price for completing the Project is <br />the Contract Price in the Basic Provisions. The Contract Price shall <br />contain all of the CONTRACTOR’s fees, costs, and expenses for, or in <br />connection with the work required herein, including but not limited <br />to labor, equipment, supplies, transportation, maintenance, fuel, <br />upkeep, and repair of the equipment, overhead and profit. <br />B.Two (2) tree Climbers will be required at all times during the <br />performance of the work, for safety reasons. Contractor’s bid shall <br />take this fully into account. <br />C.It is expected than an average of 60 snag trees will be created per <br />week. <br />4.0 INSTRUCTIONS FOR SNAG CREATION