Common use of Basic Services: Percentage of Construction Cost Method Clause in Contracts

Basic Services: Percentage of Construction Cost Method. The School District’s payment of Project compensation to the Architectural Designer on the Project shall be determined by the School District by using the percentage of construction cost method set forth in Paragraph 6.1.2 herein. The Architectural Designer’s Final Fee shall be adjusted based on the actual low construction bid amount(s) for the Project awarded by the SRC. The rate of the percentage of construction cost on the Project shall be determined as follows: Project Construction Proposed Fee Value Over $1,000,000 % The Architectural Designer’s percentage of construction cost on the Project shall be all-inclusive. The Architectural Designer shall be entitled to payment on the Project for the authorized Reimbursable Expenses provided in Paragraph 6.8 herein.

Basic Services: Percentage of Construction Cost Method. The School District’s payment of Project compensation to the Architectural Designer on the Project shall be determined by the School District by using the percentage of construction cost method set forth in Paragraph 6.1.2 herein. The Architectural Designer’s Final Fee shall be adjusted based on the actual low construction bid amount(s) for the Project awarded by the SRC. The rate of the percentage of construction cost on the Project shall be determined as follows: Project Construction Proposed Fee Value Over $1,000,000 ____% The Architectural Designer’s percentage of construction cost on the Project shall be all-inclusive. The Architectural Designer shall be entitled to payment on the Project for the authorized Reimbursable Expenses provided in Paragraph 6.8 herein.

Basic Services: Percentage of Construction Cost Method. The School District’s payment of Project compensation to the Architectural Designer on the Project shall be determined by the School District by using the percentage of construction cost method set forth in Paragraph 6.1.2 herein. The Architectural Designer’s Final Fee shall be adjusted based on the actual low construction bid amount(s) for the Project awarded by the SRCBoard. The rate of the percentage of construction cost on the Project shall be determined as follows: Project Construction Proposed Fee Value Over $1,000,000 19,948,163 % The Architectural Designer’s percentage of construction cost on the Project shall be all-inclusive. The Architectural Designer shall be entitled to payment on the Project for the authorized Reimbursable Expenses provided in Paragraph 6.8 herein.

Basic Services: Percentage of Construction Cost Method. The School District’s payment of Project compensation to the Architectural Designer on the Project shall be determined by the School District by using the percentage of construction cost method set forth in Paragraph 6.1.2 herein. The Architectural Designer’s Final Fee shall be adjusted based on the actual low construction bid amount(s) for the Project awarded by the SRCBoard. The rate of the percentage of construction cost on the Project shall be determined as follows: Project Construction Proposed Fee Value Over $1,000,000 14,706,660.19 % The Architectural Designer’s percentage of construction cost on the Project shall be all-inclusive. The Architectural Designer shall be entitled to payment on the Project for the authorized Reimbursable Expenses provided in Paragraph 6.8 herein.

Basic Services: Percentage of Construction Cost Method. The School District’s payment of Project compensation to the Architectural Designer on the Project shall be determined by the School District by using the percentage of construction cost method set forth in Paragraph 6.1.2 herein. The Architectural Designer’s Final Fee shall be adjusted based on the actual low construction bid amount(s) for the Project awarded by the SRC. The rate of the percentage of construction cost on the Project shall be determined as follows: Project Construction Proposed Fee Value Over $1,000,000 % The Architectural Designer’s percentage of construction cost on the Project shall be all-inclusive. The Architectural Designer shall be entitled to payment on the Project for the authorized Reimbursable Expenses provided in Paragraph 6.8 herein.