Additional Services Compensation. 4.3.1 With respect to any Additional Services, as described in Article 7 herein, performed by the Design Consultant hereunder, the Design Consultant and Owner shall negotiate an equitable adjustment to the Basic Services Compensation. However, if negotiations are not successful prior to the time the additional services are needed, the Owner may direct the Design Consultant to proceed with the Additional Services on a time spent basis with Additional Services Compensation to be computed as follows: 4.3.1.1 Principals' time at the fixed rate of of this Agreement, the Principal is: . Dollars ($ ) per hour. For the purposes 4.3.1.2 Employees' time computed at a multiple of 2.5 times the employees' Direct Payroll Expense. Direct Payroll Expense includes cost of salaries and of mandatory and customary benefits such as statutory employee benefits, insurance, sick leave, holidays and vacations, but shall not exceed 1.26 times the base hourly wage of each employee. 4.3.1.3 Reinspection and resubmittal review time that is billable to the Contractor shall be reimbursed to the Design Consultant at the rate of Dollars ($ ) per hour.
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Samples: Design Consultant Services Agreement, Design Consultant Services Agreement
Additional Services Compensation. 4.3.1 With respect to any Additional Services, as described in Article 7 herein, performed by the Design Consultant hereunder, the Design Consultant and Owner shall negotiate an equitable adjustment to the Basic Services Compensation. However, if negotiations are not successful prior to the time the additional services are needed, the Owner may direct the Design Consultant to proceed with the Additional Services on a time spent basis with Additional Services Compensation to be computed as follows:
4.3.1.1 Principals' time at the fixed rate of of this Agreement, the Principal is: . Dollars ($ ) per hour. For the purposespurposes of this Agreement, the Principal is: .
4.3.1.2 Employees' time computed at a multiple of 2.5 times the employees' Direct Payroll Expense. Direct Payroll Expense includes cost of salaries and of mandatory and customary benefits such as statutory employee benefits, insurance, sick leave, holidays and vacations, but shall not exceed 1.26 times the base hourly wage of each employee.
4.3.1.3 Reinspection and resubmittal review time that is billable to the Contractor shall be reimbursed to the Design Consultant at the rate of Dollars ($ ) per hour.
Appears in 1 contract
Samples: Design Consultant Agreement
Additional Services Compensation. 4.3.1 With respect to any Additional Services, as described in Article 7 herein, performed by the Design Consultant hereunder, the Design Consultant and Owner shall negotiate an equitable adjustment to the Basic Services Compensation. However, if negotiations are not successful prior to the time the additional services are needed, the Owner may direct the Design Consultant to proceed with the Additional Services on a time spent basis with Additional Services Compensation to be computed as follows:
4.3.1.1 4.3.2 Principals' time at the fixed rate of of this Agreement, the Principal is: . Dollars ($ ) per hour. For the purposespurposes of this Agreement, the Principals are:
4.3.1.2 4.3.3 Employees' time computed at a multiple of 2.5 times the employees' Direct Payroll Expense. Direct Payroll Expense includes cost of salaries and of mandatory and customary benefits such as statutory employee benefits, insurance, sick leave, holidays and vacations, but shall not exceed 1.26 times the base hourly wage of each employee.
4.3.1.3 Reinspection and resubmittal review time that is billable to the Contractor shall be reimbursed to the Design Consultant at the rate of Dollars ($ ) per hour.
Appears in 1 contract
Samples: Design Consultant Services Agreement