PSA - Technical and Project Management for Bloomberg Activities - Invanti LLC

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or caused to be prepared by the Consultant in connection with the Services, and the Consultant agrees to provide the City with said documents upon request. Said documents may be used by the City or others with respect to the City's reporting requirements and other purposes with respect to the Projects. The Board hereby designates the Chief Innovation Officer or her designee to serve on behalf of the Board as the Consultant's principal point of contact for purposes of this Agreement. The Chief Innovation Officer or her designee will be responsible for the provision of relevant information to the Consultant concerning the Projects and the Services to be rendered by the Consultant in connection with the Projects. Section 3. Consideration. The Consultant will be paid in partial installments according to project milestones, and the total consideration under this Agreement shall not exceed the sum of Thirty -Four Thousand Five Hundred Dollars ($34,500.00). Any payment that the City may deny or withhold or delay shall not be subject to penalty or interest under Indiana Code § 5- 17-5. Section 4. Term and Renewal Option. This Agreement shall be effective for a period of twelve (12) months commencing on December 19, 2019 ("Effective Date") and shall end no later than December 19, 2020 ("Expiration Date"). Section 5. Assignment; Successors. The Consultant shall not assign or subcontract the whole or any part of this Agreement to any other person or entity without the prior written consent of the City. Section 6. Relationship/Independent Contractor. Both Parties, in the performance of this Agreement, shall act in an individual capacity and not as agents, employees, partners, joint venturers or associates of one another. The employee(s) or agent(s) of one Party shall not be deemed or construed to be the employee(s) or agent(s) of the other Party for any purpose whatsoever. Neither Party will assume liability for any injury (including death) to any person(s), or damage to any property, arising out of the acts or omissions of the agents, employees or subcontractors of the other Party. Consultant is solely responsible for compliance with federal, state and local laws and regulations relating to taxes and social security payments that may be required to be made in connection with the compensation provided under this Agreement. The City, however, may file informational returns with the United States Internal Revenue Service or similar state agency regarding payment made to Consultant in accordance with this Agreement under conditions imposed by federal, state or local laws applicable to such payment. The City shall provide IRS Form 1099, if applicable. Section 7. Confidentiality. The Consultant acknowledges that information which the City regards as confidential or proprietary in nature (the "Information"), may come to the knowledge of the Consultant during the Consultant's performance of services. The Consultant