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CONTRACT FOR THE INSTALLATION OF SCADA TELEMETRY <br />UPGRADES AT THE UTILITIES CENTRAL COMPUTER CONTROL <br /> ROOM <br /> <br /> THIS CONTRACT is made and entered into this day of ,20 <br />by and between Tesco Controls Inc., ("Contractor"), whose address is 3434 5~ven~e, <br />Sacramento, CA. 95823 and telephone number is (916)-395-8800 and the CITY OF <br />PLEASANTON, a municipal corporation ("City"). <br /> <br /> WITNESSETIt: <br /> <br /> WHEREAS, the Contractor submitted a bid in response to the City's request for <br />installing SCADA Telemetry upgrades to the Utilities Division central computer control <br />room. <br /> <br /> NOW, THEREFORE, in consideration of the mutual promises set forth herein, <br />the parties agree as follows: <br /> <br />1. Work to be Performed. The work will generally consist of: <br /> Provide, configure and install the following software systems and controls. <br /> <br /> Said work is shown in the following documents, which are incorporated herein by <br /> this reference: <br /> <br /> A. The proposal submitted to the City by the Contractor. <br /> <br />2. Compensation. The City shall pay the Contractor $ 245,350.00 for completion of <br /> the work. Payments for work shall be consistent with the payment schedule listed <br /> below. <br /> <br />3. Method of Payment. <br /> <br /> A. Progress Payments. As of the twentieth day of each month, <br /> Contractor may submit for review a request for progress payment, <br /> listing the amount and value of work actually performed during the <br /> preceding month, or part thereofi Upon the City's review and <br /> approval, including adjustments if any, City shall make a progress <br /> payment to the Contractor. <br /> <br /> B. 10% Retention. Ten percent (10%) of the amount due shall be <br /> retained by the City as a retention. The City shall retain ten <br /> <br /> <br />