Payment Calendar. First installment of pre-financing – 40% of the maximum grant amount – within 30 calendar days from the date of coming into force and effect of the contract. Second installment of pre-financing – 40% of the maximum grant amount - within 60 calendar days from the date of receipt of the complete continuous report (if the beneficiary has used at least 70% of the amount of the first installment). Balance payment - up to 20% (balance by deducting the total amount of pre-financing from the final amount of the grant), within 60 calendar days from the date of receipt of the complete final report and other required documents. Payments to the project coordinator and other beneficiaries • NA - coordinator: by bank transfer • Coordinator - other partner: by bank transfer, obligation to keep records of these payments.
Payment Calendar. During the term of this Contract and subject to any Contractual Deductions, the Village shall remit to the Contractor 1/5th the Base Contract Price (0-40 inches), in five equal payments. Sidewalk Snow Removal Village Campus Area ± 0 0.01 0.02 0.04 0.06 0.08 No Treatment Treated Village Boundary Miles Sidewalk Snow Removal Pace & Metra Area ± 0 0.015 0.03 0.06 0.09 0.12 No Treatment Treated Village Boundary Miles CONTRACT EXHIBIT B- SC HEDU LE OF PRICES Seasonal Contract with 40” Cap & Per Inch Over This service includes all plowing, salting, sidewalk services, refreeze events & blowing and drifting up until the seasonal cap (40”) for that zip code. Once the seasonal cap has been met, the Village will be billed at the per inch price for any additional snowfalls the remainder of the season.* Seasonal totals will come from Weather Works. Location Name 40" (5) Payments 40^" Metra $ 55,500.00 $ 11,100.00 $ 1,586.00 Village Campus $ 24,500.00 $ 4,900.00 $ 700.00 Totals $ 80,000.00 $ 16,000.00 $ 2,286.00 CDL Staffing Support The Contractor and the Village agree to discuss optional staffing support. An amendment will set forth service costs, response time, staffing levels, and minimum notification requirements. CONTRACT EXHIBIT C- FORM OF PERFORMANCE AND PAYMENT BOND Bond Number: KNOW ALL MEN BY THESE PRESENTS, That (the “Principal”) and (the “Surety”), are held and firmly bound unto the Village of Buffalo Grove, an Illinois home-rule unit of government (the “Village”), the full and just sum of Dollars ($ ) in lawful money of the UNITED STATES OF AMERICA as herein provided. THE CONDITION OF THIS OBLIGATION is such that the Principal and Surety agree to bind themselves, their successors, assigns, executors, heirs and administrators, jointly and severally, for the full and faithful performance of the Work as defined in that particular Snow and Ice Removal contract between Principal and the Village dated day of , 20 , (hereinafter referred to as the “Contract”), a copy of which is attached and incorporated by reference as though fully set forth herein.
Payment Calendar. All unit members shall be paid on an 11-month calendar beginning August 2009.
