Revitalization Commission Agenda and Packet 2018 06 20 SP

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proportionate amount of the total compensation based upon work completed in the preceding month. The Consultant shall provide such additional backup documentation as may be required by the LRC. The LRC shall pay the invoice within thirty (30) days of receipt unless the Services or the documentation therefor are unsatisfactory. Payments made after thirty (30) days may be assessed an interest charge of one percent (1%) per month unless the delay in payment resulted from unsatisfactory work or documentation therefor. 5.0 PROJECT REPRESENTATION 5.1 The LRC designates Aaron DeJong as the responsible LRC staff to serve as the LRC's project representative and provide direction to the Consultant during the conduct of the Services. The Consultant shall comply with the directions given by Aaron DeJong and such person's designees. 5.2 The Consultant designates Hoshi J. Engineer as its project manager and Stephen J. Rebora as the principal in charge who shall be providing the Services under this Agreement. Should any of the representatives be replaced, and such replacement require the LRC or the Consultant to undertake additional reevaluations, coordination, orientations, etc., the Consultant shall be fully responsible for all such additional costs and services. 6.0 TERM The term of this Agreement shall be July 3, 2018 to November 1, 2018, unless sooner terminated pursuant to Section 13, below. The Consultant's services under this Agreement shall commence upon execution of this Agreement by the LRC and shall progress so that the Services are completed in a timely fashion consistent with the LRC's requirements. 7.0 INSURANCE 7.1 The Consultant agrees to procure and maintain, at its own cost, the policies of insurance set forth in Subsections 7.1.1 through 7.1.4. The Consultant shall not be relieved of any liability, claims, demands, or other obligations assumed pursuant to this Agreement by reason of its failure to procure or maintain insurance, or by reason of its failure to procure or maintain insurance in sufficient amounts, durations, or types. The coverages required below shall be procured and maintained with forms and insurers acceptable to the LRC. All coverages shall be continuously maintained from the date of commencement of services hereunder. The required coverages are: 7.1.1 Workers' Compensation insurance as required by the Labor Code of the State of Colorado and Employers Liability Insurance. Evidence of qualified self-insured status may be substituted. 7.1.2 General Liability insurance with minimum combined single limits of ONE MILLION DOLLARS ($1,000,000) each occurrence and TWO MILLION DOLLARS ($2,000,000) aggregate. The policy shall include the LRC, City of 2