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Attachment - S2 <br />STATE OF HAWAII <br />COMPENSATION AND PAYMENT SCHEDULE <br />COMPENSATION AND PAYMENT SCHEDULE <br />In full consideration for services performed by the COUNTY under this <br />Contract, the STATE agrees, subject to allotment to be made by the <br />Director of Finance, State of Hawaii, pursuant to Chapter 37, Hawaii <br />Revised Statutes, to pay to the COUNTY a total sum of money not to <br />exceed TWO HUNDRED FIFTY THOUSAND AND NO /100 DOLLARS ($250,000.00) of <br />special funds, which shall be paid in accordance with and subject to <br />the following: <br />a. Payments shall be made in quarterly installments upon <br />the quarterly submission by the COUNTY of invoices in triplicate <br />for the services to be provided in accordance with Attachment -S1, <br />"Scope of Services," and in accordance with the costs identified <br />in the Budget, attached hereto as Exhibit "A" and made a part <br />hereof. The STATE shall withhold five percent (5%) of the total <br />Contract funds until final settlement of this Contract. <br />b. Invoices shall be accompanied by expenditure reports <br />for the quarterly', billing and certified by the COUNTY to <br />contain expenditures actually incurred for the services provided <br />under this Contract. <br />c. The expenditure reports shall be reviewed by the <br />STATE and shall be subject to the STATE's preliminary <br />determination of appropriateness and allowability of the reported <br />expenditures. The STATE's preliminary determination of <br />appropriateness and allowability of the reported expenditures <br />shall be subject to later verification and subsequent audit. <br />ADM. SERV. OFFICE <br />LOG NO. 12 -044 <br />1 <br />AG -012 Rev 11/15/2005 <br />