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<br />x. <br /> <br />XI. <br /> <br />(Revised 3/84) <br /> <br />A. <br /> <br />LUMP SUM - The Contractor agrees to perform the work specified and to <br />accept as payment a fixed dollar amount. <br /> <br />B. <br /> <br />COST PER UNIT OF WORK - The Contractor agrees to perform the work spe- <br />cified and to accept as payment a specified unit price for each unit of <br />work performed. <br /> <br />C. <br /> <br />COST PLUS A FIXED FEE AMOUNT - The Contractor agrees to perform the <br />work specified and to accept as payment reimbursement for all valid <br />costs incurred in accordànce with the terms of the contract plus a spe- <br />cified fixed fee. <br /> <br />D. <br /> <br />SPECIFIC RATES OF COMPENSATION - The Contractor agrees to perform the <br />work previously stated and to accept payment according to a schedule of <br />payment rates specified in the contract. <br /> <br />E. <br /> <br />COST - The Contràctor agrees to perform the ~ork previously stated and <br />to accept as payment a reimbursement for all eligible costs incurred <br />and paid in accordance with the terms of the contract. <br /> <br />TERMS AND CONDITIONS OF PAYMENT: <br /> <br />A. <br /> <br />Unless otherwise specified in the Special Provisions, the Contractor <br />agrees to bill the Department at quarterly intervals only, using the <br />forms and format specified. <br /> <br />B. <br /> <br />The Contractor agrees to submit no bill for work performed or material <br />delivered unless such bill is accompanied by a report which complies <br />with the requirements of this contract. <br /> <br />C. <br /> <br />The Department's obligation to reimburse the Contractor is contingent <br />upon the U.S. DOT's making available sufficient Federal funds to meet <br />that reimbursement obligation, and the. Contractor I s costs being eli- <br />gible for reimbursement under both this contract and applicable Federal <br />regulations. If the term of this contract transends the State I s. fiscal <br />biennium, the Department's obligation to reimburse is also contingent <br />upon appropriation of funds by the State. <br /> <br />INSPECTION: <br /> <br />The Department and, when Federal funds are involved, U.S. DOT and any <br />authorized representative of the Federal government, have the right, at all <br />reasonable times, to inspect, Or otherwise evaluate the work performed or <br />being performed hereunder and the premises in which it is being performed. <br />If any inspection or evaluation is made on the premises of the Contractor <br />or a subcontractor, the Contractor shall provide and shall require his sub- <br />contractor to provide all reasonable facilities and assistance for the <br />safety and convenience of the inspectors in the performance of their <br />duties. All inspections and evaluations shall be performed in such a <br />manner as will not unduly delay the work. <br /> <br />5 of 14 <br />