6/9/1976 - Laserfiche WebLink

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7. It is specifically agreed by and between the DEPARTMENT and the CO'NIPr1NY that the DEPARTMENT shall receive fair and adequate credit for any salvage which shall accrue to the COMPANY as a result of the above installation and/or adjustment work. 8. It is further agreed that the cost of all installations and/or adjustments made during this installation work shall be borne by the COMPANY, subject only to the DEPARTMENT bearing such .portion of this cost as represents the cost of installation and/or adjustment of the previously existing facility, less salvage credit as set forth in the immediately preceding paragraph. 9. Upon completion of the work the COMPANY shall, %within one hundred twenty (120) =days, furnish the DEPARTMENT with two (2) copies of its final and complete billing of all costs -incurred in connection with the work performed hereunder, such statement to follow as closely as possible the order of the items contained in the estimate attached liereto.- The totals for labor, :overhead, travel expense, transportation, equipment, material and supplies, handling costs and other services shall be shown in such a manner as will permit ready comparison with the approved plans and estimates. Materials shall be itemized where they represent major components of cost in the relocation following the pattern set out in the approved estimate as closely as is possible. Salvage credits from "recovered and replaced permanent and recovered temporary materials shall be reported in said bills in relative position with the charge for the replacement or the original charge for temporary use. 'The final billing shall show the description and site of the Project; the date on which the first -work was performed, or, if preliminary engineering or right -o€ --way items are involved, the date on which the earliest item of billed expense was incurred; the date on which the last work was performed or the last item of billed expense was incurred; and the location where the records and accounts billed can be audited. Adequate reference shall be made in the billing to the COMPANY'S records, accounts and other relevant documents. All cost records and accounts shall be subject to audit by a -representative of the DEPARTMENT. Upon receipt of invoices, prepared in accordance with the -provisions of the above indicated Reimbursement Policy, the DEPARTMENT agrees to reimburse the i COMPANY, in the amount of such actual costs as approved by the DEPARTMENT'S auditor. The DEPARTMENT shall retain ten per cent from any progress payment. 10. Upori installation of said protective devices, the expense thereof in keeping same in a good and safe condition will: # XX (a) immediately revert to the COUNTY and the COUNTY joins herein for the purpose , • hereof. { (b) be borne by the DEPARTMENT for a period not to exceed_ from the { date of completion of the aforementioned project, but not to exceed the amount of t 'fly 4':f .:{�'it _ t{-�' - tv+—. - �-*1 - x:� i �t�'��`_ �. ,.F_. : �"•P`tT,---.1rr { .e 4 1qJ1y 1 9999 I o ry ° _ Ah 6-9- _ z N'