COM 0890.000 2010-2012 - Laserfiche WebLink

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Attachment 3 COMPENSATION AND PAYMENT SCHEDULE In full consideration of the services to be performed under this Agreement, from Chapter 173A, Hawaii Revised Statutes, and LNR 101 (S-12-317-514), the STATE and the AWARDEE agree to the following: a) AWARDEE's requests for payment, in the form of either a single invoice or multiple invoices, shall be delivered personally or sent by United States first class mail, postage prepaid to: Legacy Land Conservation Program Division of Forestry and Wildlife Department of Land and Natural Resources 1151 Punchbowl Street, Room 325 Honolulu, Hawaii 96813 The STATE may withhold any portion of the payment until all commitments are verified as complete to the satisfaction of the STATE. Reimbursement will be the method for all costs except for grant funds used to purchase land. All requests for payment must be received by the LLCP by . A single payment or multiple payments, not exceeding the total amount of Six Hundred Twenty-One Thousand, Two Hundred and Forty- Five and No/100 Dollars ($621,245), shall be made upon: i. AWARDEE's completion of the Checklist for Legacy Land Conservation Program Projects attached hereto as Exhibit B to the satisfaction of the STATE; ii. AWARDEE's compliance with all LLCP policies and practices; iii. the STATE's receipt of an original invoice and copies of all bills, invoices, and receipts. All invoices should: o Identify costs, o Reference the contract number, and o Have a line that states "this is an original invoice"with a signature (in a pen color other than black) to certify this statement. The final invoice should be marked as "Final"when submitted and should be accompanied by a Certification of Compliance for Final Payment. b) Within thirty(30) days of acquiring the Property, but no later than AWARDEE shall submit to the STATE a copy of the recorded conveyance document transferring ownership of the 3,127.95 acres, more or less, in Ka`u, Island of Hawaii, to AWARDEE. AWARDEE shall also submit any other documentation of the transaction that is requested by the STATE.