Table 5-2

PAYMENT OPTIONS FOR CONTRACTOR OWNED AND OPERATED RED LIGHT CAMERA SYSTEMS

 

 

Payment Option

 

Equipment

 

Equipment Installation

 

Equipment Maintenance

 

Citation Data Processing

Initial Fixed Price Payment

 

 

Initial Fixed Price Payment and Fixed Monthly Payments

Fixed Monthly Payments

Initial Fixed Price Payment and Per Citation Payments

 

 

 

 

Per Citation Payments

 

 

 

 

Initial Fixed Price Payment and Fixed Monthly Payment Schedule, Depending On Pre-Determined Low/High Number of Citations Issued

Fixed Monthly Payment Schedule, Depending On Pre-Determined Low/High Number of Citations Issued

Time Worked and Materials Used