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  2. Finance Committee - Agenda - 5/16/2018 - P28

Finance Committee - Agenda - 5/16/2018 - P28

By dnadmin on Mon, 11/07/2022 - 11:39
Document Date
Wed, 05/16/2018 - 00:00
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 05/16/2018 - 00:00
Page Number
28
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__051620…

and required to carry out and perform in accordance with the terms and conditions of the contract
the work described.

3. PERIOD OF PERFORMANCE. Service Provider shall perform and complete all work wyith fina
Jar

4, COMPENSATION. Service Provider agrees to perform the work for a total cost not to exceed

Unless Service Provider has received a written exemption from the City, Service Provider shall
submit requests for payment for services performed under this agreement directly to:

City of Nashua

Attt: Accounts Payable
PO Box 2019

Nashua, NH 03061-2019

To facilitate the proper and timely payment of applications, the City of Nashua requires
that all invoices contain a valid PURCHASE ORDER NUMBER.

Requests for payment shall be submitted no later than fifteen (15) days after the end of each
month and must include a detailed summary of the expenditures reported in a form that

the approved budget. Specifically, Service Provider agrees to provide the following with each
request for payment:

1. Appropriate invoice forms. The forms shall include the project purchase order
number, a listing of personnel hours and billing rates, and other expenditures for which
payment is sought.

2, A progress report. The report shall include, for each monthly reporting period, a
description of the work accomplished, problems experienced, Upcoming work, any extra

cumulative total expenditures billed and paid to date under the contract, and a comparison
of cumulative total expenditures billed and paid to the approved budget.

The City will pay for work satisfactorily completed by Service Provider. The City will pay
Service Provider within 30 days of approval by the City of the submitted invoice forms and
Progress reports. The City will make no payments until the invoice forms and progress reports
have been submitted and apptoved.

5. EFFECTIVE DATE OF CONTRACT. This contract shall not become effective until and unless
approved by the City of Nashua.

AG Zaf3

Page Image
Finance Committee - Agenda - 5/16/2018 - P28

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