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contract has been or will be awarded to White River Construction, <br />Inc. <br />4. Batesville and Pfeiffer agree and understand that the <br />contractor's bid and pricing is a "unit price contract" meaning <br />that upon substantial completion and placing Area 4 in service <br />will result in adjustment of cost calculations based upon as <br />installed pipe, fittings, valves and related accessories. Upon <br />substantial completion of Area 4, Pfeiffer will produce a <br />reconciliation change order to reflect quantities actually <br />installed in Area 4. Pfeiffer agrees to reimburse Batesville any <br />unused portion of the $280,025.00 paid by Batesville within 30 <br />days of delivery of the reconciliation change order. Batesville <br />agrees to pay to Pfeiffer any costs in excess of $280,025.00 <br />within 30 days from receipt of the reconciliation change order. <br />5. Pfeiffer agrees to keep records and provide to <br />Batesville an accurate accounting of the expenditure of <br />Batesville's $280,025.00 payment. 1 <br />6. The waterlines in Area 4 will remain the property and j <br />responsibility of Pfeiffer before, during, and after completion <br />of the 2018-19 Project. In the event of a future sale of lines <br />within Area 4 by Pfeiffer to Batesville, the parties agree to <br />give due consideration to Batesville's investment in said lines j <br />within Area 4. III <br />pm\8.22\p\pfeiffer.agr <br />