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Contract #SH469AA ARTICLE III - COMPENSATION A . Amount of Funding. For satisfactory performance of the Work, the District agrees to pay County a sum in the amount not to exceed 63 . 39 % of the total project cost , or $ 9 , 000 whichever is less (the "Total Compensation") . B . In- Kind Services. Through this Cooperative Agreement , County agrees to provide $ 5 , 200 in the form of matching funds and in -kind services for this project. In the event project costs exceed this amount, County shall be responsible for providing any additional funding required to complete the project . C . Invoicing Procedure . All invoices shall reference contract number SH469AA and Work Order # or Phase #, if applicable , and shall be submitted to the St. Johns River Water Management District, Director, Division of Financial Management , 4049 Reid Street , Palatka , Florida 32177 . County shall submit one itemized invoice at the completion of the project . The invoice shall be based upon the actual Work performed and shall bill as per the Project Budget included in Exhibit "A ," attached hereto and by reference made a part hereof. This is a cost-reimbursable contract . In order to receive reimbursement , County shall submit documentation of its expenditures . All documentation required for verification of the final invoice shall be received and approved by the District prior to release of payment . If the invoice does not correspond to the Project Budget or other requirements of this paragraph , it will be returned to County without action within twenty ( 20) business days of receipt and shall state the basis for rejection of the invoice . Payments for construction contracts shall be made within twenty -five ( 25 ) business days of receipt of an invoice that conforms to this paragraph . Payments for all other contracts shall be made within forty -five (45 ) days of receipt of an invoice that conforms to this paragraph . The invoice shall be submitted in detail sufficient for a proper pre -audit and post-audit review and shall comply with the document requirements described in Comptroller Memorandum, dated October 7 , 1997 , attached hereto and made a part hereof as Exhibit ` B " to this Agreement . D. Payments Withheld . The District may withhold or, on account of subsequently discovered evidence , nullify , in whole or in part , any payment to such an extent as may be necessary to protect the District from loss as a result of. ( 1 ) defective Work not remedied ; (2) failure of County to make payments when due to subcontractors or suppliers for materials or labor ; ( 3 ) the District ' s determination that the Work cannot be completed for the remaining or unpaid funds ; (4) failure to maintain adequate progress in the Work ; ( 5 ) damage to another contractor; or ( 6) any other material breach of this Agreement . Amounts withheld shall not be considered due and shall not be paid until the ground( s) for withholding payment have been remedied . E. Forfeiture of Final Payment. County shall submit the final invoice to the District not later than 90 days after the Completion Date . COUNTY ' S FAILURE TO SUBMIT THE FINAL INVOICE TO THE DISTRICT WITHIN THE TIME FRAME ESTABLISHED HEREIN SHALL BE A FORFEITURE OF ANY REMAINING AMOUNT DUE UNDER THE AGREEMENT . F. Travel. In the event the cost schedule for the Work includes travel costs , travel expenses must be submitted on District or State of Florida travel forms . The District shall pay County all travel expenses pursuant to the District ' s Administrative Directive 2002 -02 . Travel expenses shall not be considered additional compensation , but shall be drawn from the amount provided in the project budget . G. Release. Upon the satisfactory completion of the Work, the District will provide a written statement to County accepting all deliverables . Acceptance of the final payment shall be Page 3 of 12