Common use of Basic Lump Sum Fee Clause in Contracts

Basic Lump Sum Fee. The Owner agrees to pay the Design Professional for services rendered under this Agreement the “Basic Lump Sum Fee” identified on the Schedule of Project Details. The Basic Lump Sum Fee will fully compensate the Design Professional for all Basic Services required by this Agreement. Additional terms and conditions are as follows: 4.1.1 Payments to the Design Professional will be made within thirty (30) days following the Design Professional’s request for payment. Requests for payment will be apportioned for each phase of service in accordance with the schedule therefor set forth on the Schedule of Project Details. 4.1.2 Progress payments to all of the Design Professional’s Sub-consultants must be made within 30 days after the Design Professional receives payment from the Owner, and the Owner may request proof of payment. 4.1.3 If the scope of the Project increases or decreases in any material manner during the development of its design, the Basic Lump Sum Fee may, if appropriate, be modified by written agreement. 4.1.4 If, during the course of the Work, the Owner requests a change in the original scope of the Project, any increase or decrease in the Design Professional’s compensation will be based on the provisions of §6.2. 4.1.5 All addenda, bulletins, construction change directives, and change orders resulting from ambiguity, inaccuracy, conflict, inconsistency or inadequacy of the Construction Documents prepared by the Design Professional will be considered Basic Services and are included in the Basic Lump Sum Fee. 4.1.6 The Owner may, at any time and for any reason or no reason, direct the Design Professional to discontinue work on all or any part of the Project or to eliminate portions of the Services. If the Owner does so, the Design Professional will be paid for its work up to the point of the suspension or elimination based upon the percentage of work completed at that time.

Appears in 10 contracts

Samples: Design Agreement, Owner and Design Professional Agreement, Design Agreement

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Basic Lump Sum Fee. The Owner agrees to pay the Design Professional for services rendered under this Agreement the “Basic Lump Sum Fee” identified on the Schedule of Project Details. The Basic Lump Sum Fee will shall fully compensate the Design Professional for all Basic Services required by this Agreement. Additional terms and conditions are as follows: 4.1.1 Payments to the Design Professional will shall be made within thirty (30) days following the Design Professional’s request for payment. Requests for payment will shall be apportioned for each phase of service in accordance with the schedule therefor set forth on the Schedule of Project Details. 4.1.2 Progress payments to all of the Design Professional’s Sub-consultants must be made within 30 days after the Design Professional receives payment from the Owner, and the Owner may request proof of payment. 4.1.3 If the scope of the Project increases or decreases in any material manner during the development of its design, the Basic Lump Sum Fee may, if appropriate, be modified by written agreement. 4.1.4 If, during the course of the Work, the Owner requests a change in the original scope of the Project, any increase or decrease in the Design Professional’s compensation will be based on the provisions of §6.2. 4.1.5 All addenda, bulletins, construction change directives, and change orders resulting from ambiguity, inaccuracy, conflict, inconsistency or inadequacy of the Construction Documents prepared by the Design Professional will shall be considered Basic Services and are included in the Basic Lump Sum Fee. 4.1.6 The Owner may, at any time and for any reason or no reason, direct the Design Professional to discontinue work on all or any part of the Project or to eliminate portions of the Services. If the Owner does so, the Design Professional will shall be paid for its work up to the point of the suspension or elimination based upon the percentage of work completed at that time.

Appears in 6 contracts

Samples: Design Professional Agreement, Design Agreement, Construction Manager Agreement

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Basic Lump Sum Fee. The Owner agrees to pay the Design Professional for services rendered under this Agreement the “Basic Lump Sum Fee” identified on the Schedule of Project Details. The Basic Lump Sum Fee will shallwill fully compensate the Design Professional for all Basic Services required by this Agreement. Additional terms and conditions are as follows: 4.1.1 Payments to the Design Professional will shallwill be made within thirty (30) days following the Design Professional’s request for payment. Requests for payment will shallwill be apportioned for each phase of service in accordance with the schedule therefor set forth on the Schedule of Project Details. 4.1.2 Progress payments to all of the Design Professional’s Sub-consultants must be made within 30 days after the Design Professional receives payment from the Owner, and the Owner may request proof of payment. 4.1.3 If the scope of the Project increases or decreases in any material manner during the development of its design, the Basic Lump Sum Fee may, if appropriate, be modified by written agreement. 4.1.4 If, during the course of the Work, the Owner requests a change in the original scope of the Project, any increase or decrease in the Design Professional’s compensation will be based on the provisions of §6.2. 4.1.5 All addenda, bulletins, construction change directives, and change orders resulting from ambiguity, inaccuracy, conflict, inconsistency or inadequacy of the Construction Documents prepared by the Design Professional will shallwill be considered Basic Services and are included in the Basic Lump Sum Fee. 4.1.6 The Owner may, at any time and for any reason or no reason, direct the Design Professional to discontinue work on all or any part of the Project or to eliminate portions of the Services. If the Owner does so, the Design Professional will shallwill be paid for its work up to the point of the suspension or elimination based upon the percentage of work completed at that time.

Appears in 4 contracts

Samples: Design Agreement, Construction Manager Agreement, Design Agreement

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