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All purchased services are invoiced at actual cost plus ten percent (10 %) handling. These <br />include but are not limited to reproduction, computer time, long distance telephone, consultants, <br />subcontract services, rented or leased equipment, expendable supplies, and project required <br />special supplies. The City will promptly review invoice statements and notify SAM, Inc. of any <br />objection thereto; absent such objection in writing within fifteen (15) days from the date of <br />invoice, the invoice shall be deemed proper and acceptable. Invoices are submitted monthly for <br />all services rendered and are payable upon receipt. Late payments will incur a late charge of one <br />and one -half percent (1 1/2 %) per month from the original date of invoice. SAM, Inc. reserves <br />the right to stop work should invoices not be paid within the stated terms. <br />CPI Adjustment <br />The Schedule of Rates adopted in this Contract will remain in force for the twelve (12) month <br />period starting with the effective date of the Contract. Unless otherwise renegotiated, at the end <br />of the first twelve (12) months of the contract, and at the end of each 12 month period thereafter <br />(the "contract anniversary "), the hourly manpower rates and equipment rates charged by <br />Surveying And Mapping, Inc. shall be adjusted by the change in the Consumer Price Index (CPI) <br />for the immediately preceding twelve month period. <br />As used herein, Consumer Price Index shall mean and refer to that table in the Consumer Price <br />Index published by the United States Department of Labor, Bureau of Labor Statistics, now <br />known as the "Consumer Price Index" for all Urban Consumers (Index 1982 -1984 = 100). If <br />such Index referred to above shall be discontinued, then any successor Consumer Price Index of <br />the United States Bureau of Labor Statistics, or successor agency thereto, shall be used, and if <br />there is no successor Consumer Price Index, the parties hereto shall mutually designate a <br />substitute Index or formula. In no event shall the next year service fees be less than the prior <br />year. <br />CITY HALL ® 630 EAST HOPKINS ® SAN MARCOS, TEXAS 78666 • 512.393.8150 ® FACSIMILE 855.759.2846 <br />SANMARCOSTX.GOV <br />11 <br />