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iv. Future maintenance costs <br /> v. Any other costs or charges <br /> Section 6: Contract Terms and Conditions <br /> Upon selection of an artist(s) and its Project(s), an agreement shall be entered into between the <br /> EDA and the artist(s). It is expected that the agreement will provide for compensation for actual <br /> work completed on a not to exceed basis and include at least the following conditions: Any changes <br /> to the RFP would be communicated to the registered artists. <br /> 1. The EDA shall retain ownership of all renderings, mock ups, samples, photographs, <br /> drawing, and the Project prepared pursuant to the selected artist's proposal. <br /> 2. If for any reason, the artist is unable to fulfill the obligations under the agreement in a <br /> timely and proper manner, the EDA reserves the right to terminate the agreement by <br /> written notice. In this event, the artist shall be entitled to just and equitable <br /> compensation for any satisfactory work completed to that point at the discretion of the <br /> EDA. <br /> 3. The artist shall not assign or transfer any interest in the agreement without prior written <br /> consent of the EDA and City. <br /> Registration Due Date/Time <br /> September 8,2014 <br /> 4:00 p.m. (CST) <br /> Proposal Due Date/Time <br /> November 6,2014 <br /> 4:00 p.m. (CST) <br /> Late Submittals will not be considered. <br /> P1 ■ 11E1 IY <br /> NATURE <br /> 7 <br />