Calculation of fees for the Services Sample Clauses

Calculation of fees for the Services. The total amount payable for the performance by the Independent Engineer for the Services under this Agreement is [a lump sum fee of]: [JD [ ], including all taxes.] [Note: Details of payment structure and cost break down (including fixed fee and any time and materials elements) to be considered] SCHEDULE 4 Additional Services 17 Where the Project Company and NEPCO require the Independent Engineer to carry out any Additional Services, the fee for such Additional Services will be agreed between the Project Company and NEPCO and the Independent Engineer on a lump sum fixed price basis. 18 In the event that the Project Company and NEPCO consider that a lump sum fee for the relevant Additional Services is inappropriate in the circumstances, then the Project Company and NEPCO and the Independent Engineer shall agree the value of the Additional Services required by the Project Company and NEPCO using the rates payable for the Services as a basis for deriving the fee for such Additional Services. 19 If the nature of the Additional Services required by the Project Company and NEPCO is such that the basis of valuation set out in items 1 and 2 above of this Schedule 4 is inappropriate, and the work in the opinion of the Project Company and NEPCO is best valued on an hourly- rate basis, then the Project Company and NEPCO may instruct the Independent Engineer to carry out the Additional Services at the appropriate man-hour rate(s) shown in the table below. 20 Where Additional Services are instructed on an hourly-rate basis, the Independent Engineer shall only be entitled to record and charge a maximum of ten (10) working hours per day and five (5) working days per week for each person, irrespective of the actual hours recorded. Category Qualifications Man-hour rates (JD) A Senior Manager, Senior Experts B Senior Engineers > 15 Years of experience C Engineers > 5 Years of experience D Technicians, Designers, Draughtsmen 21 For the avoidance of doubt, the Independent Engineer shall not be entitled to charge separately for any of its personnel engaged on carrying out Additional Services, where such personnel are present on the site and are already being remunerated for their time spent on providing the Services.
Sample 1
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Related to Calculation of fees for the Services

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