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The parties will immediately make every effort to settle the disputed portion of the invoice. In the absence of written <br />notification described above, the balance as stated on the invoice will be paid. <br />Invoices are delinquent if payment has not been received within thirty (30) days from date of invoice. CLIENT will pay an <br />additional charge of three quarters of a percent (.75) per month (or the maximum percentage allowed by law, whichever <br />is lower) on any delinquent amount, excepting any portion of the invoiced amount in dispute and resolved in favor of <br />CLIENT. Payment thereafter will first be applied to accrued interest and then to the principal unpaid amount. All time <br />spent and expenses incurred (including any attorney's fees) in connection with collection of any delinquent amount will <br />be paid by CLIENT to CONSULTANT per CONSULTANT's current fee schedules. In the event CLIENT fails to pay <br />CONSULTANT within sixty (60) days after invoices are rendered, CLIENT agrees that CONSULTANT will have the right <br />to consider the failure to pay the CONSULTANT's invoice as a breach of this AGREEMENT and CONSULTANT may <br />cease work on the project. At CONSULTANTÓs option, CONSULTANT may waive said major breach upon payment by <br />CLIENT of all arrearages and outstanding invoices. <br />TERMINATION <br />This AGREEMENT may be terminated by either party seven (7) days after written notice in the event of any breach of <br />any provision of this AGREEMENT or in the event of substantial failure of performance by either party, or if CLIENT <br />suspends the work for more than three (3) months. In the event of termination, CONSULTANT will be paid for services <br />performed prior to the date of termination plus reasonable termination expenses, including, but not limited to, the cost of <br />completing analyses, records, and reports necessary to document job status at the time of termination. <br />RISK ALLOCATION <br />Many risks potentially affect CONSULTANT by virtue of entering into this AGREEMENT to perform professional <br />consulting services on behalf of CLIENT. The principal risk is the potential for human error by CONSULTANT. For <br />CLIENT to obtain the benefit of a fee which includes a nominal allowance for dealing with CONSULTANT's liability, <br />CLIENT agrees to limit CONSULTANT's liability to CLIENT and to all other parties for claims arising out of <br />CONSULTANT's performance of the services described in this AGREEMENT. The aggregate liability of CONSULTANT <br />will not exceed $50,000 for negligent professional acts, errors, or omissions, including attorneyÓs fees and costs which <br />may be awarded to the prevailing party, and CLIENT agrees to indemnify and hold harmless CONSULTANT from and <br />against all liabilities in excess of the monetary limit established above. <br />Limitations on liability and indemnities in this AGREEMENT are business understandings between the parties voluntarily <br />and knowingly entered into, and shall apply to all theories of recovery including, but not limited to, breach of contract, <br />warranty, tort (including negligence), strict or statutory liability, or any other cause of action, except for willful misconduct <br />or gross negligence. The parties also agree that CLIENT will not seek damages in excess of the limitations indirectly <br />through suits with other parties who may join CONSULTANT as a third-party nor by an award of attorneyÓs fees and <br />costs to the prevailing party in excess of the aggregate liability agreed upon herein by the parties. Parties means <br />CLIENT and CONSULTANT and their officers, employees, agents, affiliates, and subcontractors. <br />Both CLIENT and CONSULTANT agree that they will not be liable to each other, under any circumstances, for special, <br />indirect, consequential, or punitive damages arising out of or related to this AGREEMENT. <br />INDEMNIFICATION <br />If any claim is brought against CONSULTANT, its employees, agents and subcontractors and/or CLIENT by a third <br />party, relating in any way to the Services, the contribution and indemnification rights and obligations of CONSULTANT <br />and Client, subject to the paragraph titled ÐRisk AllocationÑ above, such claim shall be determined as follows: <br />1. If any negligence, breach of contract, or willful misconduct of CONSULTANT caused any damage, injury, or loss <br />claimed by the third party, then CONSULTANT and CLIENT shall each indemnify the other against any loss or <br />judgement on a comparative negligence basis (CLIENT responsibility to include that of its agents, employees, and <br />other contractors); and <br />2. Unless CONSULTANT was liable for negligence, breach of contract, or willful misconduct which in whole or in part, <br />caused the damage, injury, or loss asserted in the third party claim, CLIENT shall indemnify CONSULTANT against <br />the claim, liability, loss, legal fees, consulting fees, and other costs of defense reasonably incurred. <br />3 <br />Ninyo & Moore | Willow Springs Bayou (B112-00-00) 100 ac-ft Detention Pond ILA Project, La Porte, Texas | 16-01103 | August 17, 2021 <br /> <br />