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4 <br /> 4 <br /> Section 1 <br /> Purpose of Agreement <br /> The purpose of this AGREEMENT is for WSDOT to provide funding to the CONTRACTOR to <br /> be used solely for activities undertaken to fulfill the requirements of RCW 70.94.521 through <br /> .551 and to implement tasks as described in Exhibit II, Scope of Work. <br /> Section 2 <br /> Scope of Work <br /> The CONTRACTOR and WSDOT agree to perform all designated tasks under this <br /> AGREEMENT as described in Exhibit II, Scope of Work. <br /> Section 3 <br /> Time for Beginning and Completion <br /> The work to be performed under this AGREEMENT shall commence on July 1, 2005, and <br /> terminate on June 30, 2007, unless terminated sooner as provided herein. <br /> Section 4 <br /> Reimbursement and Payment <br /> WSDOT shall reimburse the CONTRACTOR for eligible expenditures not to exceed $49,236 <br /> during the AGREEMENT period. The maximum amount of funding for the CONTRACTOR <br /> was determined using the methodology contained in Exhibit I, Funding Allocation Methodology. <br /> WSDOT will reimburse the CONTRACTOR only for actual and eligible direct and related <br /> indirect project costs. Payment will be made on a reimbursable basis. Payment is subject to the <br /> submission to and approval by WSDOT of properly prepared invoices accompanied by progress <br /> reports as provided in Section 6 and financial summaries. The CONTRACTOR shall submit an <br /> invoice (state form A-19) or WSDOT approved invoice format to WSDOT in order to receive <br /> reimbursement. The CONTRACTOR may submit invoices, not more than once per month, <br /> during the course of this AGREEMENT. The CONTRACTOR shall submit a final invoice to <br /> WSDOT no later than July 15, 2007. Any invoice received after July 15, 2007 will not be <br /> eligible for reimbursement. Within 30 days after receiving an invoice and upon approval, <br /> WSDOT shall remit payment to the CONTRACTOR. All invoices and payments shall be based <br /> on and paid on actual work performed and actual costs incurred up to the maximum amount <br /> identified in this AGREEMENT. <br /> Section 5 <br /> Project Records <br /> The CONTRACTOR agrees to establish and maintain for the project either a separate set of <br /> accounts or accounts within the framework of an established accounting system, in order to <br /> sufficiently and properly reflect all eligible direct and related indirect project costs claimed to <br /> have been incurred in the performance of this AGREEMENT. Such accounts are referred to <br /> herein collectively as the "Project Account". All costs claimed against the Project Account must <br /> 3 <br /> Page 2 of 16 ,,. GCA4579 <br />