Laserfiche WebLink
<br />of these documents and records shall be furnished to the City upon <br />request. <br /> <br />E. Records of costs incurred includes the Consultant's general <br />accounting records and the project records, together with <br />supporting documents and records, of the Consultant and all <br />subconsultants performing work on the project, and all other <br />records of the Consultant and subconsultants considered <br />necessary by the City for a proper audit of project costs. <br /> <br />F. The general cost principles and procedures for the negotiation and <br />administration, and the determination or allowance of costs under <br />this Agreement shall be as set forth in the Code of Federal <br />Regulations, Titles 23, 48, 49, Rule Chapter 14-75, Florida <br />Administrative Code, and other pertinent Federal, State and City <br />Regulations, as applicable, with the understanding that there is no <br />conflict between State regulations and Federal regulations in that <br />the more restrictive of the applicable regulations will govern. <br /> <br />G The Consultant should be aware of the following time frames. <br />Upon receipt, the Department has five (5) working days to inspect <br />and approve the report, plans or specifications unless the <br />Supplemental Agreement specifies otherwise. <br /> <br />H. If a payment is not available within 40 days, a separate interest <br />penalty at a rate established pursuant to Section 215.422, Florida <br />Statutes, will be due and payable, in addition to the invoice amount, <br />to the Consultant. Interest penalties of less than one (1) dollar will <br />not be enforced unless the Consultant requests payment. Invoices <br />which have to be returned to a Consultant because of Consultant <br />preparation errors will result in a delay in the payment. The invoice <br />payment requirements do not start until a properly completed <br />invoice is provided to the City. <br /> <br />I. Except for issues arising from contract indemnification provisions, <br />the City shall have the right to retain out of any payment due the <br />Consultant under this Agreement an amount sufficient to satisfy any <br />amount due and owing to the City by the Consultant on any other <br />Agreement between the Consultant and the City. The City may <br />withhold payment on any invoice in the event that the Consultant is <br />in default under any provision of this Agreement or any other <br />Agreement between the Consultant and the City as of the time of <br />processing the invoice or as of the time payment is made available <br />on the invoice. This right to withhold shall continue until such time <br />as the default has been cured, and, upon cure, the City shall have <br /> <br />5 <br />