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S t 'r 04/15 Exhort B Pape 1 of 1 EXHIBIT B TRAFFIC SIGNAL MAINTENANCE AND COMPENSATION AGREEMENT 1.0 PURPOSE This exhibit defines the method and limits of ootripeneWW be made to the Maintaining AgencytilW #1 , ' described in this Agreement and in Exhibit Ate'"' .` " t'which payments will be made. 2.0 COMPENSATION For the satisfactotydan01ONW.of all serer detailed Ira 0 AW0.1d Exhibit A of this Agreement, Me Department wi# pgtyft Makttalli tg Ageti 'the Total Li S* retainage or forfeiture) in E tit A. The Maintain w91 r000haL OW kW# -SW y"Wi t J it�404 �#ainage or forfeiture) tt the end of each fiscal year for satisfaetory i ltri li c t of sei f Beginning in the fiscal year 201 =�{7; fflr traffic signals.r It with telecommunidations and are not monitored at a central location, the compensation amountshall be $3,131. The compensation amount for &lf 0 signals that are interconnected with telecommunications and are monitored at a central location shall be 4;6r)0 per signal location. These differential cglcopensation amounts shall be in effect beginning July 1., 2016. The Table below sho" this t�hs�1 ion a o the variouls. deyioes for fiscal years 2015-16 and 201147, and b"nd- ... Totall Lump Qninus any retainage orforfeiture) Ansimnt oath fiscal year isOW-Wl d by:adding all 0VW— intersection amounts. Pedestrian Flastting Beacom includes scl i zona beacons, pedestrian crossing ba tt rectangular rapid W4 beacons.(RRFB . School zones, crosswalks and warning sign locations shall be paid *a unit rate regardless of t11e number irW Wduai beacons orpoies, '`Compensation pro -rata based on mon approaches or legs on &W041[ghway System Based on the Consumer Price Index (CPI), the Unit Rate for the following fiscal year will be adjusted accordingly, unless '. otherwise specified in an amendment to this Agreement. However, if CPI is negative, there shall be no reduction from the previous year's compensation.. 3.0 PAYMENT PROCESSING The Maintaining Agency shall invoice the Department in a format acceptable to the Department, on an annual basis for the reimbursement costs incurred by1he Maintaining Agency for the previous year prior to June 30ko.' each year. For example, the Maintaining Agency shall submit its invoice for the previous year beginning JtAy t, 2015 through June 30, 2016 no later than Jun; 2016. 124 Uric Compensation Rates per intersection on the State Highway System Speed Activate d Traffic Signal Warning, Tt InterSWI Pedestria Eme,f en Display Waite . Interconnect on n cy Fir (SAWt3 n ) g :T I Traffic ed & Ct3tttrii Flashing or Blank • Beaco lilt Signal monitored Bit Snel t}ut Sigit, n Do": FY s # (IMTS) l )(PDS):, 2014- 15* 21.M $738 -1, 3,040. 76Q 2%0.4. 3,131 4 -S00 783 4 4 . 2017-1$ Based pptheConsumer Price index, a 3018-1,9 $a ed.a ftCPl, the 2%,7 48 corn r1 2019-20 ( #n thit'i ,'the 2.0 pmpensafon am'dUritsv -bat"404 opw rds. '`Compensation pro -rata based on mon approaches or legs on &W041[ghway System Based on the Consumer Price Index (CPI), the Unit Rate for the following fiscal year will be adjusted accordingly, unless '. otherwise specified in an amendment to this Agreement. However, if CPI is negative, there shall be no reduction from the previous year's compensation.. 3.0 PAYMENT PROCESSING The Maintaining Agency shall invoice the Department in a format acceptable to the Department, on an annual basis for the reimbursement costs incurred by1he Maintaining Agency for the previous year prior to June 30ko.' each year. For example, the Maintaining Agency shall submit its invoice for the previous year beginning JtAy t, 2015 through June 30, 2016 no later than Jun; 2016. 124