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<br /> <br /> <br /> ATTACHMENT3 <br /> <br /> <br /> COMPENSATION AND PAYMENT SCHEDULE <br /> <br /> <br /> 1. In full consideration for the services satisfactorily performed by the <br /> CONTRACTOR under this Agreement, the STATE agrees, subject to the receipt <br /> of federal funds under the Safe and Drug-Free Schools State Grants Program, <br /> Elementary and Secondary Education Act of 1965, as amended, Catalog of <br /> Federal Domestic Assistance No. 84-186A, and subject to allotments to be made <br /> by the Director of Finance, State of Hawaii, pursuant to Chapter 37, Hawaii <br /> Revised Statutes, to pay the CONTRACTOR a total sum of money not to exceed <br /> N THOUSAND SEVEN HUNDRED AND NO/100 DOLLARS (.$10,700.00) <br /> --for the Agreement-period. <br /> <br /> 2. Upon execution of this Agreement, payments shall be paid in accordance with and <br /> subject to the following: <br /> <br /> a. Payments shall be made in quarterly installments upon the quarterly <br /> submission by the CONTRACTOR of the Invoice (OYS 023) attached <br /> hereto as Exhibit "B" and made a part hereof, in triplicate and one original <br /> for the services provided in accordance with Attachment 1, "Scope of <br /> <br /> Services," and in accordance with the costs identified in the Budget <br /> attached hereto as Exhibit "A" and made a part hereof <br /> <br /> b. Payments shall be determined by the STATE on a cost reimbursable basis. <br /> The Expenditure Report, attached hereto as Exhibit "C," and made a part <br /> hereof shall contain expenditures actually incurred for the performance of <br /> the services required under this Agreement and a certification of <br /> compliance with the provisions of this Agreement. The Expenditure <br /> Report, together with such supporting documents and progress reports of <br /> the performance of services that the STATE may require to be submitted <br /> by the CONTRACTOR, shall be reviewed by the STATE and shall be <br /> subject to the STATE's preliminary determination of appropriateness and <br /> allowability of the reported expenditures. The STATE's preliminary <br /> determination of appropriateness and allowability of the reported <br /> expenditures shall be subject to later verification and subsequent audit. <br /> <br /> C. If an amount of reported expenditures is preliminarily determined by the <br /> STATE to be inappropriate and unallowable, the STATE may deduct an <br /> equivalent amount from the next payable installment and may withhold <br /> payment of the amount of moneys equivalent to the questioned <br /> expenditures until later resolution of the discrepancy by audit or other <br /> means. If, after payment of the last installment prior to final payment in <br /> final settlement, investigation and examination reveal additional <br /> expenditures that are determined by the STATE to be inappropriate and <br /> <br /> <br /> Compensation and Payment Schedule <br /> page I of 2 <br />