It shall be the responsibility of Kentucky State University to provide appropriate guidance to the Contractor to facilitate the successful completion of the projected work and work product development.
KSU's acceptance of the Contractor's offer, including the Contractor's engagement letter, is indicated by the issuance of a Personal Service Contract Award and shall create a valid contract between the Parties.
The cost for the services described above are as follows:
The Contractor's fee for the scope of work as outlined above and attached is estimated at $125.00 an hour but shall not exceed $102,734.45 for the initial term unless approved. Should the contract be renewed, the total cost of the renewal term shall not exceed $112,074.00.
The Contractor shall submit invoices to Kentucky State University via email to purchasing@kysu.edu who shall review the invoice(s) with the managing office(s) for approval. Upon approval, the invoice(s) shall be forwarded to accounts.payable@kysu.edu
Payment for services will be made upon receipt of an approved invoice using the Personal Service Contract (PSC) Invoice Form. Payment terms are net thirty (30) days.
Invoices for services must include an original signature, as well as the following: the contact number, the dates of service, the total number of hours worked, a description of services provided, and the total amount due.
Pursuant to KRS 45A.695, no payment shall be made on any personal service contract unless the individual, firm, partnership, or corporation awarded the personal service contract submits its invoice for payment on a form established by the Legislative Research Commission, Government Contract Review Committee.
The invoice form is available on the Legislative Research Commission, Government Contract Review Committee website https://apps.legislature.ky.gov/moreinfo/contracts/homepage.html
The initial term of this PSC is effective and binding November 10, 2022.
The Contractor's engagement letter and this Personal Service Contract shall represent the entire
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