Contract - NIWB - Pathways Program

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Internal Auditor within five (5) days of their filing. I. Revision of Requested Services If, as a result of such review hereunder, it is the opinion of the BPW that revisions of the scope of the Requested Services are necessary or the methods employed by the Provider are inappropriate, the City may require such revisions to the scope or methods by notifying the Provider in writing. J. Additional Auditing Requirements for Not -For -Profit Organizations The Provider understands that not -for -profit entities receiving City of South Bend funds equal to or greater than $100,000.00 are required to supply an independent audit. Audited financial reports must be provided to the City's Internal Auditor on an annual basis, including any A-133 Audits. If the not -for -profit entity is required to submit an E-1 form to the Indiana State Board of Accounts, the entity shall also forward a copy of the E-1 to the City's Internal Auditor. The City may also make an examination of the Provider's fidelity bonding and fiscal and accounting procedures to determine whether these procedures meet the requirements of this Agreement. K. Competitive Bidding Requirements To the extent funds provided to NIWB are used for construction, reconstruction, alteration, repair or renovation of a structure or improvement, Competitive Bidding Requirements shall be followed. SECTION 4. Compensation. A. Fees. As compensation for services performed pursuant to this agreement, the BPW agrees to pay the Provider a fee in the amount of One Hundred Thousand and 00/100 Dollars ($100,000.00) for services rendered (the "Contract Amount"). The Provider agrees to cap administrative and program development costs at 10% of the Contract Amount. B. Invoices. The Provider shall submit an invoice for progress payments to the BPW for services performed under this Agreement, which invoice shall identify the project, the task, a description of the services completed and the time for each billing. Invoices shall be submitted for services rendered. In the event of termination of this Agreement as provided in SECTION 6, all non -disputed sums owing and due the Provider for services rendered shall be paid within thirty (30) days of receipt of any invoice. SECTION 5. Term. The Term of this Agreement shall commence on September 13`h' 2016, and shall terminate on the earlier of December 31, 2016, or the Termination Date, as described at SECTION 6, below. This Agreement shall be renewable on such terms and for such period as the Parties shall agree in writing. Notwithstanding the foregoing, this Agreement is subject to annual appropriations of sums sufficient to support such renewal term in accordance with Indiana Code § 5-22-17-3. W