COMPENSATION FOR BASIC AND ADDITIONAL SERVICES. The performance of, and payment for, Basic Services is divided into Parts I, II, and III as described below. The total compensation for Basic Services shall be an amount equal to the sum of 71% of % of the Construction Budget (for Part I and Part II services) as set forth on Page 1 of this Agreement, plus 29% of % of the Construction Budget (for Part III services), as defined in Article V. If the Total Contract Cost to be negotiated between the owner and the GC/CM differs from the Construction Budget amount on page 1 of this Agreement, the Owner may, at its sole discretion, consider an amendment to this Agreement modifying the Construction Budget amount. If at any time the Construction Budget is changed by amendment to this Agreement, the Basic Services Fee shall be adjusted for the next phase as appropriate, however, no fee adjustment shall be made for phases already completed at the time any such amendment is effective. The fee for each phase and part reflects an agreement by the parties that such fee is adequate compensation for basic services performed during each phase or part irrespective of whether this contract is suspended or terminated prior to the completion of all parts. Progress Payments for Basic Services in each phase shall not exceed the following percentages of the total Basic Services Fee compensation: Schematic Design Phase is and Design Development Phase is 40% of 38% 60% of 38% } } Part I equals 38% of } Basic Services Compensation Construction Doc. Phase is and Bidding Phase is 95% of 33% 5% of 33% } } Part II equals 33% of } Basic Services Compensation Construction Phase is and Construction Completion Phase 90% of 29% 10% of 29% } } Part III equals 29% of } Basic Services Compensation Owner may authorize the performance of Additional Services by Architect when deemed necessary by Owner. Additional Services shall be individually authorized in writing by Owner prior to performance. The parties agree that such authorization by the Owner will constitute an amendment to this Agreement, unless, within 14 calendar days from the date of the Additional Services authorization, the Architect submits a written objection to the Owner. Performance of and payment for Additional Services shall be in accordance with Articles III and VII. Reimbursable Expenses are in addition to Basic Services and Additional Services compensation and are described in Article III and in Attachment A. Reimbursable expenses shall be paid by Owner in accordance with Article VII. The Owner shall not pay the Architect more than the total dollar amount authorized in this Agreement, any amendments to the Agreement, and any Additional Service or Reimbursable authorizations. Upon receipt by the Owner of the Architect’s invoice that the Owner determines to be the Architect’s final invoice for all work authorized and performed, the Owner shall notify the Architect in writing that no further payment will be made to the Architect, unless the Architect submits a valid invoice requesting additional payment for authorized work within 30 calendar days of receipt of such letter. If the Owner does not receive any such invoice from the Architect within the 30 day period, the Owner shall administratively close this Agreement, the Architect’s rights to any further payment under this Agreement shall be terminated, and the Owner shall make no further payments to the Architect.
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COMPENSATION FOR BASIC AND ADDITIONAL SERVICES. The performance of, and payment for, Basic Services is divided into Parts I, II, and III as described below. The total compensation for Basic Services shall be an amount equal to the sum of 71% of % of the Maximum Allowable Construction Budget Cost (for Part I and Part II services) as set forth on Page 1 of this Agreement, plus 29% of % of the Construction Budget Contract Award (for Part III services), as defined in Article V. If the Total Contract Cost to be negotiated between the owner and the GC/CM differs from the Construction Budget amount on page 1 of this Agreement, the Owner may, at its sole discretion, consider an amendment to this Agreement modifying the Construction Budget amount. If at any time the Construction Budget MACC is changed by amendment to this Agreement, the Basic Services Fee shall be adjusted for the next phase as appropriate, however, no fee adjustment shall be made for phases already completed at the time any such amendment is effective. The fee for each phase and part reflects an agreement by the parties that such fee is adequate compensation for basic services performed during each phase or part irrespective of whether this contract is suspended or terminated prior to the completion of all parts. Progress Payments for Basic Services in each phase shall not exceed the following percentages amounts of the total Basic Services Fee compensationCompensation: Schematic Preliminary Design Phase is and Design Development Phase is 40% of 38% 60% of 38% } } Part I equals = 38% of } Basic Services Compensation Construction Doc. Document Phase is and Bidding Phase is 95% of 33% 5% of 33% } } Part II equals 33% of Bidding Phase is 5% of 33% } Basic Services Compensation Construction Phase is and Construction Completion Phase 90% of 29% 10% of 29% } } Part III equals 29% of Construction Completion Phase 10% of 29% } Basic Services Compensation Owner may authorize the performance of Additional Services by Architect Engineer when deemed necessary by Owner. Additional Services shall be individually authorized in writing by Owner prior to performance. The parties agree that such authorization by the Owner will constitute an amendment to this Agreement, unless, within 14 calendar days from the date of the Additional Services authorization, the Architect Engineer submits a written objection object to the Owner. Performance of and payment for Additional Services shall be in accordance with Articles III and VII. Reimbursable Expenses are in addition to the Basic Services and Compensation or compensation for Additional Services compensation Services, and are described in Article III and in Attachment A. III. Reimbursable expenses shall be paid by Owner in accordance with Article VII. The Owner shall not pay the Architect Engineer more than the total dollar amount authorized in this Agreement, any amendments to the Agreement, and any Additional Service or Reimbursable authorizations. Upon receipt by the Owner of the ArchitectEngineer’s invoice that the Owner determines to be the ArchitectEngineer’s final invoice for all work authorized and performed, the Owner shall notify the Architect Engineer in writing that no further payment will be made to the ArchitectEngineer, unless the Architect Engineer submits a valid invoice requesting additional payment for authorized work within 30 calendar days of receipt of such letter. If the Owner does not receive any such invoice from the Architect Engineer within the 30 day period, the Owner shall administratively close this Agreement, the ArchitectEngineer’s rights to any further payment under this Agreement shall be terminated, and the Owner shall make no further payments to the ArchitectEngineer.
Appears in 1 contract
Samples: Agreement (Agreement
COMPENSATION FOR BASIC AND ADDITIONAL SERVICES. The performance of, and payment for, Basic Services is divided into Parts I, II, and III as described below. The total compensation for Basic Services shall be an amount equal to the sum of 71% of % of the Maximum Allowable Construction Budget Cost (for Part I and Part II services) as set forth on Page 1 of this Agreement, plus 29% of % of the Construction Budget Contract Award (for Part III services), as defined in Article V. If the Total Contract Cost to be negotiated between the owner and the GC/CM differs from the Construction Budget amount on page 1 of this Agreement, the Owner may, at its sole discretion, consider an amendment to this Agreement modifying the Construction Budget amount. If at any time the Construction Budget MACC is changed by amendment to this Agreement, the Basic Services Fee shall be adjusted for the next phase as appropriate, however, no fee adjustment shall be made for phases already completed comp leted at the time any such amendment is effective. The fee for each phase and part reflects an agreement by the parties that such fee is adequate compensation for basic services performed during each phase or part irrespective of whether this contract is suspended or terminated prior to the completion of all parts. Progress Payments for Basic Services in each phase shall not exceed the following percentages amounts of the total Basic Services Fee compensationCompensation: Schematic Preliminary Design Phase is and Design Development Phase is 40% of 38% 60% of 38% } } Part I equals = 38% of } Basic Services Compensation Construction Doc. Phase is and Bidding Document Phase is 95% of 33% } and Bidding Phase is 5% of 33% } } Part II equals 33% of } Basic Services Compensation Construction Phase is and Construction Completion Phase 90% of 29% 10% of 29% } } Part III equals 29% of Construction Completion Phase 10% of 29% } Basic Services Compensation Owner may authorize the performance of Additional Services by Architect Engineer when deemed necessary by Owner. Additional Services shall be individually authorized in writing by Owner prior to performance. The parties agree that such authorization by the Owner will constitute an amendment to this Agreement, unless, within 14 calendar days from the date of the Additional Services authorization, the Architect Engineer submits a written objection object to the Owner. Performance of and payment for Additional Services shall be in accordance with Articles III and VII. Reimbursable Expenses are in addition to the Basic Services and Compensation or compensation for Additional Services compensation Services, and are described in Article III and in Attachment A. III. Reimbursable expenses shall be paid by Owner in accordance with Article VII. The Owner shall not pay the Architect Engineer more than the total dollar amount authorized in this Agreement, any amendments to the Agreement, and any Additional Service or Reimbursable authorizations. Upon receipt by the Owner of the ArchitectEngineer’s invoice that the Owner determines to be the ArchitectEngineer’s final invoice for all work authorized and performed, the Owner shall notify the Architect Engineer in writing that no further payment will be made to the ArchitectEngineer, unless the Architect Engineer submits a valid invoice requesting additional payment for authorized work within 30 calendar days of receipt of such letter. If the Owner does not receive any such invoice from the Architect Engineer within the 30 day period, the Owner shall administratively close this Agreement, the ArchitectEngineer’s rights to any further payment under this Agreement shall be terminated, and the Owner shall make no further payments to the ArchitectEngineer.
Appears in 1 contract
Samples: Agreement (Agreement
COMPENSATION FOR BASIC AND ADDITIONAL SERVICES. The performance of, and payment for, Basic Services is divided into Parts I, II, and III as described d escribed below. The total compensation for Basic Services shall be an amount equal to the sum of 71% of % of the Maximum Allowable Construction Budget Cost (for Part I and Part II services) as set forth on Page 1 of this Agreement, plus 29% of % of the Construction Budget Contract Award (for Part III services), as defined in Article V. If the Total Contract Cost to be negotiated between the owner and the GC/CM differs from the Construction Budget amount on page 1 of this Agreement, the Owner may, at its sole discretion, consider an amendment to this Agreement modifying the Construction Budget amount. If at any time the Construction Budget MACC is changed by amendment to this Agreement, the Basic Services Fee shall be adjusted for the next phase as appropriate, however, no fee adjustment shall be made for phases already completed at the time any such amendment is effective. The fee for each phase and part reflects an agreement by the parties that such fee is adequate compensation for basic services performed during each phase or part irrespective of whether this contract is suspended or terminated prior to the completion of all parts. Progress Payments for Basic Services in each phase shall not exceed the following percentages of the total Basic Services Fee compensation: Schematic Design Phase is and Design Development Phase is 40% of 38% 60% of 38% } } Part I equals 38% of } Basic Services Compensation Construction Doc. Phase is and Bidding Phase is 95% of 33% } and Bidding Phase is 5% of 33% } } Part II equals 33% of } Basic Services Compensation Construction Phase is and Construction Completion Phase 90% of 29% 10% of 29% } } Part III equals 29% of Construction Completion Phase 10% of 29% } Basic Services Compensation Owner may authorize the performance of Additional Services by Architect Engineer when deemed necessary by Owner. Additional Services shall be individually authorized in writing by Owner prior to performance. The parties agree that such authorization by the Owner will constitute an amendment to this Agreement, unless, within 14 calendar days from the date of the Additional Services authorization, the Architect Engineer submits a written objection to the Owner. Performance of and payment for Additional Services shall be in accordance with Articles III and VII. Reimbursable Expenses are in addition to the Basic Services and Compensation or compensation for Additional Services compensation Services, and are described in Article III and in Attachment A. III. Reimbursable expenses shall be paid by Owner in accordance with Article VII. The Owner shall not pay the Architect Engineer more than the total dollar amount authorized in this Agreement, any amendments to the Agreement, and any Additional Service or Reimbursable authorizations. Upon receipt by the Owner of the ArchitectEngineer’s invoice that the Owner determines to be the ArchitectEngineer’s final invoice for all work authorized and performed, the Owner shall notify the Architect Engineer in writing that no further payment will be made to the ArchitectEngineer, unless the Architect Engineer submits a valid invoice requesting additional payment for authorized work within 30 calendar days of receipt of such letter. If the Owner does not receive any such invoice from the Architect Engineer within the 30 day period, the Owner shall administratively close this Agreement, the ArchitectEngineer’s rights to any further payment under this Agreement shall be terminated, and the Owner shall make no further payments to the ArchitectEngineer.
Appears in 1 contract
Samples: Agreement (Agreement
COMPENSATION FOR BASIC AND ADDITIONAL SERVICES. The performance of, and payment for, Basic Services is divided into Parts I, II, and III as described below. The total compensation for Basic Services shall be an amount equal to the sum of 71% of % of the Maximum Allowable Construction Budget Cost (for Part I and Part II services) as set forth on Page 1 of this Agreement, plus 29% of % of the Construction Budget Contract Award (for Part III services), as defined in Article V. If the Total Contract Cost to be negotiated between the owner and the GC/CM differs from the Construction Budget amount on page 1 of this Agreement, the Owner may, at its sole discretion, consider an amendment to this Agreement modifying the Construction Budget amount. If at any time the Construction Budget MACC is changed by amendment to this Agreement, the Basic Services Fee shall be adjusted for the next phase as appropriate, however, no fee adjustment shall be made for phases already completed comp leted at the time any such amendment is effective. The fee for each phase and part reflects an agreement by the parties that such fee is adequate compensation for basic services performed during each phase or part irrespective of whether this contract is suspended or terminated prior to the completion of all parts. Progress Payments for Basic Services in each phase shall not exceed the following percentages amounts of the total Basic Services Fee compensationCompensation: Schematic Preliminary Design Phase is and Design Development Phase is 40% of 38% 60% of 38% } } Part I equals = 38% of } Basic Services Compensation Construction Doc. Phase is and Bidding Document Phase is 95% of 33% } and Bidding Phase is 5% of 33% } } Part II equals 33% of } Basic Services Compensation Construction Phase is and Construction Completion Phase 90% of 29% 10% of 29% } } Part III equals 29% of Construction Completion Phase 10% of 29% } Basic Services Compensation Owner may authorize the performance of Additional Services by Architect Engineer when deemed necessary by Owner. Additional Services shall be individually authorized in writing by Owner prior to performance. The parties agree that such authorization by the Owner will constitute an amendment to this Agreement, unless, within 14 calendar days from the date of the Additional Services authorization, the Architect Engineer submits a written objection object to the Owner. Performance of and payment for Additional Services shall be in accordance with Articles III and VII. Reimbursable Expenses are in addition to the Basic Services and Compensation or compensation for Additional Services compensation Services, and are described in Article III and in Attachment A. III. Reimbursable expenses shall be paid by Owner in accordance with Article VII. The Owner shall not pay the Architect Engineer more than the total dollar amount authorized in this Agreement, any amendments to the Agreement, and any Additional Service or Reimbursable authorizations. Upon receipt by the Owner of the ArchitectEngineer’s invoice that the Owner determines to be the ArchitectEngineer’s final invoice for all work authorized and performed, the Owner shall notify the Architect Engineer in writing that no further payment will be made to the ArchitectEngineer, unless the Architect Engineer submits a valid invoice requesting additional payment for authorized work within 30 calendar days of receipt of such letter. If the Owner does not receive any such invoice from the Architect Engineer within the 30 day period, the Owner shall administratively close this Agreement, the ArchitectEngineer’s rights to any further payment under this Agreement shall be terminated, and the Owner shall make no further payments to the ArchitectEngineer.
Appears in 1 contract
Samples: Agreement (Agreement
COMPENSATION FOR BASIC AND ADDITIONAL SERVICES. The performance of, and payment for, Basic Services is divided into Parts I, II, and III as described below. The total compensation for Basic Services shall be an amount equal to the sum of 71% of % of the Maximum Allowable Construction Budget Cost (for Part I and Part II services) as set forth on Page 1 of this Agreement, plus 29% of % of the Construction Budget Contract Award (for Part III services), as defined in Article V. If the Total Contract Cost to be negotiated between the owner and the GC/CM differs from the Construction Budget amount on page 1 of this Agreement, the Owner may, at its sole discretion, consider an amendment to this Agreement modifying the Construction Budget amount. If at any time the Construction Budget MACC is changed by amendment to this Agreement, the Basic Services Fee shall be adjusted for the next phase as appropriate, however, no fee adjustment shall be made for phases already completed at the time any such amendment is effective. The fee for each phase and part reflects an agreement by the parties that such fee is adequate compensation for basic services performed during each phase or part irrespective of whether this contract is suspended or terminated prior to the completion of all parts. Progress Payments for Basic Services in each phase shall not exceed the following percentages of the total Basic Services Fee compensationCompensation: Schematic Preliminary Design Phase is and Design Development Phase is 40% of 38% 60% of 38% } }} Part I equals = 38% of } Basic Services Compensation Construction Doc. Document Phase is and Bidding Phase is 95% of 33% }} Part II = 33% of Bidding Phase is 5% of 33% } } Part II equals 33% of } Basic Services Compensation Construction Phase is and Construction Completion Phase 90% of 29% }} Part III = 29% of Construction Completion Phase 10% of 29% } } Part III equals 29% of } Basic Services Compensation Owner may authorize the performance of Additional Services by Architect when deemed necessary by Owner. Additional Services shall be individually authorized in writing by Owner prior to performance. The parties agree that such authorization by the Owner will constitute an amendment to this Agreement, unless, within 14 calendar days from the date of the Additional Services authorization, the Architect submits a written objection to the Owner. Performance of and payment for Additional Services shall be in accordance with Articles III and VII. Reimbursable Expenses are in addition to the Basic Services and Compensation or compensation for Additional Services compensation Services, and are described in Article III and in Attachment A. III. Reimbursable expenses shall be paid by Owner in accordance with Article VII. The Owner shall not pay the Architect more than the total dollar amount authorized in this Agreement, any amendments to the Agreement, and any Additional Service or Reimbursable authorizations. Upon receipt by the Owner of the Architect’s invoice that the Owner determines to be the Architect’s final invoice for all work authorized and performed, the Owner shall notify the Architect in writing that no further payment will be made to the Architect, unless the Architect submits a valid invoice requesting additional payment for authorized work within 30 calendar days of receipt of such letter. If the Owner does not receive any such invoice from the Architect within the 30 day period, the Owner shall administratively close this Agreement, the Architect’s rights to any further payment under this Agreement shall be terminated, and the Owner shall make no further payments to the Architect.
Appears in 1 contract
Samples: Agreement
COMPENSATION FOR BASIC AND ADDITIONAL SERVICES. The performance of, and payment for, Basic Services is divided into Parts I, II, and III as described below. The total compensation for Basic Services shall be an amount equal to the sum of 71% of % of the Maximum Allowable Construction Budget Cost (for Part I and Part II services) as set forth on Page 1 of this Agreement, plus 29% of % of the Construction Budget Contract Award (for Part III services), as defined in Article V. If the Total Contract Cost to be negotiated between the owner and the GC/CM differs from the Construction Budget amount on page 1 of this Agreement, the Owner may, at its sole discretion, consider an amendment to this Agreement modifying the Construction Budget amount. If at any time the Construction Budget MACC is changed by amendment to this Agreement, the Basic Services Fee shall be adjusted for the next phase as appropriate, however, no fee adjustment shall be made for phases already completed at the time any such amendment is effective. The fee for each phase and part reflects an agreement by the parties that such fee is adequate compensation for basic services performed during each phase or part irrespective of whether this contract is suspended or terminated prior to the completion of all parts. Progress Payments for Basic Services in each phase shall not exceed the following percentages of the total Basic Services Fee compensationCompensation: Schematic Preliminary Design Phase is and Design Development Phase is 40% of 38% 60% of 38% } } Part I equals 38% of } Basic Services Compensation Construction Doc. Phase is and Bidding Document Phase is 95% of 38% 33% }} } Part I = 38% of Basic Services Compensation and Bidding Phase is 5% of 33% } }} Part II equals = 33% of } Basic Services Compensation Construction Phase is and Construction Completion Phase 90% of 29% }} Part III = 29% of Construction Completion Phase 10% of 29% } } Part III equals 29% of } Basic Services Compensation Owner may authorize the performance of Additional Services by Architect when deemed necessary by Owner. Additional Services shall be individually authorized in writing by Owner prior to performance. The parties agree that such authorization by the Owner will constitute an amendment to this Agreement, unless, within 14 calendar days from the date of the Additional Services authorization, the Architect submits a written objection to the Owner. Performance of and payment for Additional Services shall be in accordance with Articles III and VII. Reimbursable Expenses are in addition to the Basic Services and Compensation or compensation for Additional Services compensation Services, and are described in Article III and in Attachment A. III. Reimbursable expenses shall be paid by Owner in accordance with Article VII. The Owner shall not pay the Architect more than the total dollar amount authorized in this Agreement, any amendments to the Agreement, and any Additional Service or Reimbursable authorizations. Upon receipt by the Owner of the Architect’s invoice that the Owner determines to be the Architect’s final invoice for all work authorized and performed, the Owner shall notify the Architect in writing that no further payment will be made to the Architect, unless the Architect submits a valid invoice requesting additional payment for authorized work within 30 calendar days of receipt of such letter. If the Owner does not receive any such invoice from the Architect within the 30 day period, the Owner shall administratively close this Agreement, the Architect’s rights to any further payment under this Agreement shall be terminated, and the Owner shall make no further payments to the Architect.
Appears in 1 contract
Samples: Agreement
COMPENSATION FOR BASIC AND ADDITIONAL SERVICES. The performance of, and payment for, Basic Services is divided into Parts I, II, and III as described below. The total compensation for Basic Services shall be an amount equal to the sum of 71% of % of the Maximum Allowable Construction Budget Cost (for Part I and Part II services) as set forth on Page 1 of this Agreement, plus 29% of % of the Construction Budget Contract Award (for Part III services), as defined in Article V. If the Total Contract Cost to be negotiated between the owner and the GC/CM differs from the Construction Budget amount on page 1 of this Agreement, the Owner may, at its sole discretion, consider an amendment to this Agreement modifying the Construction Budget amount. If at any time the Construction Budget MACC is changed by amendment to this Agreement, the Basic Services Fee shall be adjusted for the next phase as appropriate, however, no fee adjustment shall be made for phases already completed at the time any such amendment is effective. The fee for each phase and part reflects an agreement by the parties that such fee is adequate compensation for basic services performed during each phase or part irrespective of whether this contract is suspended or terminated prior to the completion of all parts. Progress Payments for Basic Services in each phase shall not exceed the following percentages of the total Basic Services Fee compensation: Schematic Design Phase is and Design Development Phase is 40% of 38% 60% of 38% } } Part I equals 38% of } Basic Services Compensation Construction Doc. Phase is and Bidding Phase is 95% of 33% 5% of 33% } } Part II equals 33% of } Basic Services Compensation Construction Phase is and Construction Completion Phase 90% of 29% 10% of 29% } } Part III equals 29% of } Basic Services Compensation Owner may authorize the performance of Additional Services by Architect Engineer when deemed necessary by Owner. Additional Services shall be individually authorized in writing by Owner prior to performance. The parties agree that such authorization by the Owner will constitute an amendment to this Agreement, unless, within 14 calendar days from the date of the Additional Services authorization, the Architect Engineer submits a written objection to the Owner. Performance of and payment for Additional Services shall be in accordance with Articles III and VII. Reimbursable Expenses are in addition to the Basic Services and Compensation or compensation for Additional Services compensation Services, and are described in Article III and in Attachment A. III. Reimbursable expenses shall be paid by Owner in accordance with Article VII. The Owner shall not pay the Architect Engineer more than the total dollar amount authorized in this Agreement, any amendments to the Agreement, and any Additional Service or Reimbursable authorizations. Upon receipt by the Owner of the ArchitectEngineer’s invoice that the Owner determines to be the ArchitectEngineer’s final invoice for all work authorized and performed, the Owner shall notify the Architect Engineer in writing that no further payment will be made to the ArchitectEngineer, unless the Architect Engineer submits a valid invoice requesting additional payment for authorized work within 30 calendar days of receipt of such letter. If the Owner does not receive any such invoice from the Architect Engineer within the 30 day period, the Owner shall administratively close this Agreement, the ArchitectEngineer’s rights to any further payment under this Agreement shall be terminated, and the Owner shall make no further payments to the ArchitectEngineer.
Appears in 1 contract
Samples: Agreement (Agreement
COMPENSATION FOR BASIC AND ADDITIONAL SERVICES. The performance of, and payment for, Basic Services is divided into Parts I, II, and III as described below. The total compensation for Basic Services shall be an amount equal to the sum of 71% of % of the Maximum Allowable Construction Budget Cost (for Part I and Part II services) as set forth on Page 1 of this Agreement, plus 29% of % of the Construction Budget Contract Award (for Part III services), as defined in Article V. If the Total Contract Cost to be negotiated between the owner and the GC/CM differs from the Construction Budget amount on page 1 of this Agreement, the Owner may, at its sole discretion, consider an amendment to this Agreement modifying the Construction Budget amount. If at any time the Construction Budget MACC is changed by amendment to this Agreement, the Basic Services Fee shall be adjusted for the next phase as appropriate, however, no fee adjustment shall be made for phases already completed at the time any such amendment is effective. The fee for each phase and part reflects an agreement by the parties that such fee is adequate compensation for basic services performed during each phase or part irrespective of whether this contract is suspended or terminated prior to the completion of all parts. Progress Payments for Basic Services in each phase shall not exceed the following percentages of the total Basic Services Fee compensationCompensation: Schematic Design Phase is and Design Development Phase is 40% of 38% 60% of 38% } } Part I equals 38% of } Basic Services Compensation Construction Doc. Phase is and Bidding Phase is 95% of 33% 5% of 33% } } Part II equals 33% of } Basic Services Compensation Construction Phase is and Construction Completion Phase 90% of 29% 10% of 29% } } Part III equals 29% of } Basic Services Compensation Owner may authorize the performance of Additional Services by Architect when deemed necessary by Owner. Additional Services shall be individually authorized in writing by Owner prior to performance. The parties agree that such authorization by the Owner will constitute an amendment to this Agreement, unless, within 14 calendar days from the date of the Additional Services authorization, the Architect submits a written objection to the Owner. Performance of and payment for Additional Services shall be in accordance with Articles III and VII. Reimbursable Expenses are in addition to the Basic Services and Compensation or compensation for Additional Services compensation Services, and are described in Article III and in Attachment A. III. Reimbursable expenses shall be paid by Owner in accordance with Article VII. The Owner shall not pay the Architect more than the total dollar amount authorized in this Agreement, any amendments to the Agreement, and any Additional Service or Reimbursable authorizations. Upon receipt by the Owner of the Architect’s invoice that the Owner determines to be the Architect’s final invoice for all work authorized and performed, the Owner shall notify the Architect in writing that no further payment will be made to the Architect, unless the Architect submits a valid invoice requesting additional payment for authorized work within 30 calendar days of receipt of such letter. If the Owner does not receive any such invoice from the Architect within the 30 day period, the Owner shall administratively close this Agreement, the Architect’s rights to any further payment under this Agreement shall be terminated, and the Owner shall make no further payments to the Architect.
Appears in 1 contract
Samples: Agreement for Architectural Services
COMPENSATION FOR BASIC AND ADDITIONAL SERVICES. The performance of, and payment for, Basic Services is divided into Parts I, II, and III as described below. The total compensation for Basic Services shall be an amount equal to the sum of 71% of % of the Maximum Allowable Construction Budget Cost (for Part I and Part II services) as set forth on Page 1 of this Agreement, plus 29% of % of the Construction Budget Contract Award (for Part III services), as defined in Article V. If the Total Contract Cost to be negotiated between the owner and the GC/CM differs from the Construction Budget amount on page 1 of this Agreement, the Owner may, at its sole discretion, consider an amendment to this Agreement modifying the Construction Budget amount. If at any time the Construction Budget MACC is changed by amendment to this Agreement, the Basic Services Fee shall be adjusted for the next phase as appropriate, however, no fee adjustment shall be made for phases already completed at the time t ime any such amendment is effective. The fee for each phase and part reflects an agreement by the parties that such fee is adequate compensation for basic services performed during each phase or part irrespective of whether this contract is suspended or terminated prior to the completion of all parts. Progress Payments for Basic Services in each phase shall not exceed the following percentages of the total Basic Services Fee compensationCompensation: Schematic Design Phase is and Design Development Phase is 40% of 38% 60% of 38% } } Part I equals 38% of } Basic Services Compensation Construction Doc. Phase is and Bidding Phase is 95% of 33% 5% of 33% } } Part II equals 33% of Bidding Phase is 5% of 33% } Basic Services Compensation Construction Phase is and Construction Completion Phase 90% of 29% 10% of 29% } } Part III equals 29% of } Basic Services Compensation Owner may authorize the performance of Additional Services by Architect when deemed necessary by Owner. Additional Services shall be individually authorized in writing by Owner prior to performance. The parties agree that such authorization by the Owner will constitute an amendment to this Agreement, unless, within 14 calendar days from the date of the Additional Services authorization, the Architect submits a written objection to the Owner. Performance of and payment for Additional Services shall be in accordance with Articles III and VII. Reimbursable Expenses are in addition to the Basic Services and Compensation or compensation for Additional Services compensation Services, and are described in Article III and in Attachment A. III. Reimbursable expenses shall be paid by Owner in accordance with Article VII. The Owner shall not pay the Architect more than the total dollar amount authorized in this AgreementAgree ment, any amendments to the Agreement, and any Additional Service or Reimbursable authorizations. Upon receipt by the Owner of the Architect’s invoice that the Owner determines to be the Architect’s final invoice for all work authorized and performed, the Owner shall notify the Architect in writing that no further payment will be made to the Architect, unless the Architect submits a valid invoice requesting additional payment for authorized work within 30 calendar days of receipt of such letter. If the Owner does not receive any such invoice from the Architect within the 30 day period, the Owner shall administratively close this Agreement, the Architect’s rights to any further payment under this Agreement shall be terminated, and the Owner shall make no further payments to the Architect.
Appears in 1 contract
Samples: Agreement for Architectural Services
COMPENSATION FOR BASIC AND ADDITIONAL SERVICES. The performance of, and payment for, Basic Services is divided into Parts I, II, and III as described below. The total compensation for Basic Services shall be an amount equal to the sum of 71% of % of the Maximum Allowable Construction Budget Cost (for Part I and Part II services) as set forth on Page 1 of this Agreement, plus 29% of % of the Construction Budget Contract Award (for Part III services), as defined in Article V. If the Total Contract Cost to be negotiated between the owner and the GC/CM differs from the Construction Budget amount on page 1 of this Agreement, the Owner may, at its sole discretion, consider an amendment to this Agreement modifying the Construction Budget amount. If at any time the Construction Budget MACC is changed by amendment to this Agreement, the Basic Services Fee shall be adjusted for the next phase as appropriate, however, no fee adjustment shall be made for phases already completed at the time t ime any such amendment is effective. The fee for each phase and part reflects an agreement by the parties that such fee is adequate compensation for basic services performed during each phase or part irrespective of whether this contract is suspended or terminated prior to the completion of all parts. Progress Payments for Basic Services in each phase shall not exceed the following percentages of the total Basic Services Fee compensationCompensation: Schematic Design Phase is and Design Development Phase is 40% of 38% } and Design Development Phase is 60% of 38% } } Part I equals 38% of } Basic Services Compensation Construction Doc. Phase is and Bidding Phase is 95% of 33% 5% of 33% } } Part II equals 33% of Bidding Phase is 5% of 33% } Basic Services Compensation Construction Phase is and Construction Completion Phase 90% of 29% 10% of 29% } } Part III equals 29% of } Basic Services Compensation Owner may authorize the performance of Additional Services by Architect when deemed necessary by Owner. Additional Services shall be individually authorized in writing by Owner prior to performance. The parties agree that such authorization by the Owner will constitute an amendment to this Agreement, unless, within 14 calendar days from the date of the Additional Services authorization, the Architect submits a written objection to the Owner. Performance of and payment for Additional Services shall be in accordance with Articles III and VII. Reimbursable Expenses are in addition to the Basic Services and Compensation or compensation for Additional Services compensation Services, and are described in Article III and in Attachment A. III. Reimbursable expenses shall be paid by Owner in accordance with Article VII. The Owner shall not pay the Architect more than the total dollar amount authorized in this AgreementAgree ment, any amendments to the Agreement, and any Additional Service or Reimbursable authorizations. Upon receipt by the Owner of the Architect’s invoice that the Owner determines to be the Architect’s final invoice for all work authorized and performed, the Owner shall notify the Architect in writing that no further payment will be made to the Architect, unless the Architect submits a valid invoice requesting additional payment for authorized work within 30 calendar days of receipt of such letter. If the Owner does not receive any such invoice from the Architect within the 30 day period, the Owner shall administratively close this Agreement, the Architect’s rights to any further payment under this Agreement shall be terminated, and the Owner shall make no further payments to the Architect.
Appears in 1 contract
Samples: Agreement for Architectural Services
COMPENSATION FOR BASIC AND ADDITIONAL SERVICES. The performance of, and payment for, Basic Services is divided into Parts I, II, and III as described below. The total compensation for Basic Services shall be an amount equal to the sum of 71% of % of the Maximum Allowable Construction Budget Cost (for Part I and Part II services) as set forth on Page 1 of this Agreement, plus 29% of % of the Construction Budget Contract Award (for Part III services), as defined in Article V. If the Total Contract Cost to be negotiated between the owner and the GC/CM differs from the Construction Budget amount on page 1 of this Agreement, the Owner may, at its sole discretion, consider an amendment to this Agreement modifying the Construction Budget amount. If at any time the Construction Budget MACC is changed by amendment to this Agreement, the Basic Services Fee shall be adjusted for the next phase as appropriate, however, no fee adjustment shall be made for phases already completed at the time any such amendment is effective. The fee for each phase and part reflects an agreement by the parties that such fee is adequate compensation for basic services performed during each phase or part irrespective of whether this contract is suspended or terminated prior to the completion of all parts. Progress Payments for Basic Services in each phase shall not exceed the following percentages of the total to tal Basic Services Fee compensationCompensation: Schematic Preliminary Design Phase is and Design Development Phase is 40% of 38% 60% of 38% } } Part I equals 38% of } Basic Services Compensation Construction Doc. Phase is and Bidding Document Phase is 95% of 38% 33% } } } Part I = 38% of Basic Services Compensation and Bidding Phase is 5% of 33% } } Part II equals = 33% of } Basic Services Compensation Construction Phase is and Construction Completion Phase 90% of 29% 10% of 29% } } Part III equals = 29% of Construction Completion Phase 10% of 29% } Basic Services Compensation Owner may authorize the performance of Additional Services by Architect when deemed necessary by Owner. Additional Services shall be individually authorized in writing by Owner prior to performance. The parties agree that such authorization by the Owner will constitute an amendment to this AgreementA greement, unless, within 14 calendar days from the date of the Additional Services authorization, the Architect submits a written objection to the Owner. Performance of and payment for Additional Services shall be in accordance with Articles III and VII. Reimbursable Expenses are in addition to the Basic Services and Compensation or compensation for Additional Services compensation Services, and are described in Article III and in Attachment A. III. Reimbursable expenses shall be paid by Owner in accordance with Article VII. The Owner shall not pay the Architect more than the total dollar amount authorized in this Agreement, any amendments to the Agreement, and any Additional Service or Reimbursable authorizations. Upon receipt by the Owner of the Architect’s invoice that the Owner determines to be the Architect’s final invoice for all work authorized and performed, the Owner shall notify the Architect in writing that no further payment will be made to the Architect, unless the Architect submits a valid invoice requesting additional payment for authorized au thorized work within 30 calendar days of receipt of such letter. If the Owner does not receive any such invoice from the Architect within the 30 day period, the Owner shall administratively close this Agreement, the Architect’s rights to any further payment payme nt under this Agreement shall be terminated, and the Owner shall make no further payments to the Architect.
Appears in 1 contract
Samples: Agreement for Architectural Services