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INDIAN RIVER COUNTY IMPACT FEE UPDATE STUDY CONSULTANT CONTRACT By and Between INDIAN RIVER COUNTY And TINDALE-OLIVER AND ASSOCIATES, INC. THIS CONTRACT FOR THE INDIAN RIVER COUNTY IMPACT FEE UPDATE STUDY between Indian River County, hereafter referred to as "County", and Tindale -Oliver and Associates, Inc., Impact Fee Study Consultant, hereafter referred to as "Consultant" is entered into this 26th day of March, 2019. I. Duration of the Contract This contract is valid from March 26, 2019 until January 1, 2020 unless canceled by either Consultant or County, after a 30 day written notice. Consultant shall commence work within seven (7) days after receiving the notice to proceed, unless notice to proceed indicates otherwise. The contract may be extended upon written approval by the County. II. Scope of Services Scope of Services is attached to this contract as Appendix "A". III. Compensation Method (Fees) The professional services described in the Scope of Services, including all travel expenses and other direct expenses, will be provided for a total cost of $149,529.00. 1. County shall pay to Consultant a mutually agreed upon lump sum professional fee for each activity as shown on Appendix "B" of this contract, to be paid in monthly installments as invoiced by Consultant. Each monthly invoice will document the work performed. Upon submittal of an invoice documenting the completion of all or a portion of one or more of the Tasks listed in the Scope of Services, the County Project Manager will determine if the Tasks or portions thereof have been satisfactorily completed. Upon a determination of satisfactory completion, the County Project Manager will authorize payment to be made for the Task, Tasks, or portions thereof. All payments for services shall be made to Consultant by County in accordance with the Local Government Prompt Payment Act (Florida Statutes §218.70 et seq.) 2. The County Project Manager shall have the sole right to reduce (or eliminate, in whole or in part) any portion of the services at any time and for any reason, upon written notice to Consultant specifying the nature and extent of the reduction. In such event, Consultant shall be fully compensated for the services already performed and also for the services remaining to be done and not reduced or eliminated.