RES 88533 - Laserfiche WebLink

Dist. Agmt. No. 4-1080-C (22) During the course of SERVICES, if the advance de- posits made bySTATE, as required in Articles (7) and (8) of Sec- tion I, are found to be substantially over the amount which is required to cover the estimated final cost of work, to credit that excess on subsequent monthly billings. (23) To submit a final report of expenditures for SER- VICES, in the same format as the aforementioned invoice detail, within 30 days after completion of SERVICES, termination of the last consultant contract or termination of this Agreement, which- ever comes last. (24) Upon completion of PROJECT and all work inci- dental thereto, to furnish STATE with a detailed statement of the total PROJECT costs to be borne by STATE, including the cost to acquire all rights of way, easements and/or permits, if any, the cost of relocating utilities, if any, the cost of any contract claims which have been allowed to CITY's contractor and the cost of CITY defense of all claims which have been filed by said con- tractor, and to refund to STATE (promptly after completion of CITY's audit) any amount of STATE's deposits required in Articles (7), (8), (9) and (13) of Section I, remaining after actual costs to be borne b~ STATE have been deducted, or to bill STATE for any additional amount required to complete STATE's financial obli- gation pursuant to this Agreement, subject to the limitations of STATE's participation as stipulated in said Article (13) of Sec- tion I. -11-