Laserfiche WebLink
(i) <br /> <br />Evidence of successful, full and complete performance of the <br />portion of the Project being billed; and <br /> <br />(ii) <br /> <br />Dated invoices showing the amount of the claimed payment <br />with a brief description of the work done for each separate <br />amount being claimed. Invoices must be received by the <br />County prior to the 5th day of the month or they will be deemed <br />to have been received by the County on the l't day of the <br />following month. <br /> <br />(c) <br /> <br />Within 30 days from the date of receipt of the invoice by the County, <br />and subject to the terms and conditions of this Agreement, County will <br />make payment to the Contractor subject to the following conditions: <br /> <br />(i) <br /> <br />Acceptance in good faith by the County as complete, <br />satisfactory, and meeting all applicable specifications, of all <br />deliverable items representing the full amount required to <br />substantiate the required payment. <br /> <br />(ii) <br /> <br />Ten percent (10%) of each invoice amount will be withheld, as <br />retainage, until the total Project is completed and formally <br />accepted by the County as complete, satisfactory, and meeting <br />applicable specifications as required by Acceptance. Such <br />retainage shall not apply to ongoing maintenance fees and <br />ongoing license fees. <br /> <br />(d) <br /> <br />All payment claims not paid within 30 days, unless in good faith <br />disputed by the County, may be considered overdue by the <br />Contractor and shall bear interest at the rate of 8% per annum on the <br />unpaid amount until paid. The County shall not improperly use the <br />disputation of one payment claim as a reason for dispUting or not <br />paying on time any other payment claim. <br /> <br /> 9. Escrow of Software Source Code. Both parties agree that the source code <br />for any software provided pursuant to this Agreement shall be escrowed in accordance <br />with the terms set forth in the "Source Code Escrow Agreement" (Attachment C). In the <br />event such Source Code Escrow Agreement is ever terminated by the Escrow Agent while <br />the System is still in use by County, Contractor and County shall within ten (10) business <br />days of such termination enter into a similar Source Code Escrow Agreement with a new <br />Escrow Agent. <br /> <br />10. Other Le,qal Responsibilities of Parties. <br /> <br />(a) The Contractor shall observe and comply with all applicable federal, <br /> <br /> <br />