COMPENSATION OF SUBCONSULTANTS. As noted in the Request for Qualifications by which the GEC was procured, it is anticipated that the GEC may utilize the services of subconsultants to respond to certain assignments under this Agreement. The selection and Services to be provided by subconsultants must be approved, in advance, by the Authority’s Executive Director. All subconsultants providing Services under this Agreement shall be subject to, and compensated or reimbursed in accordance with, all requirements of this Section 4, provided that each subconsultant shall utilize (i) its own actual hourly rates (as set forth in Appendix B), provided that no such rates shall exceed the corresponding rates paid by the GEC for its personnel of comparable grade, category and experience, and
COMPENSATION OF SUBCONSULTANTS. The Architect shall be responsible for and shall include in its fixed price or agreed percentage of Construction Cost for professional services to be performed under this Agreement, the cost of the services of all Subconsultants retained by the Architect with the approval of the Owner as may be necessary to accomplish the design and construction services herein, and compensation for the services to be provided by the Subconsultants shall be included in the fee charged for Basic Services by the Architect under Article VI, Compensation. The Architect shall pay each of the Subconsultants within ten (10) days (or such shorter period as required by law) of the Architect’s receipt of payment from the Owner for undisputed services provided by each of the Subconsultants. The Architect shall pay interest of 1-1/2 percent per month (or any part of a month) to any of the Subconsultants on an undisputed amount not paid on time to the Architect’s Subconsultant. The minimum monthly interest penalty payment for an unpaid balance of $100 or more is $10. For an unpaid balance of less that $100, the Architect shall pay the actual penalty due to the Subconsultant in accordance with Minnesota Statutes.
COMPENSATION OF SUBCONSULTANTS. As noted in the Consultant’s response to the RFQ, the Consultant will employ subconsultants providing Services under this Agreement. All subconsultants providing Services under this Agreement shall be subject to, and compensated or reimbursed in accordance with, all requirements of this Article 3, provided that each subconsultant shall utilize its own actual hourly rates (computed using its own multiplier based on actual audited FAR rates or audited overhead rates if FAR rates are not available) provided that no such rates shall exceed the corresponding rates paid by the Consultant for its personnel of comparable grade, category and experience, and further provided that no Subconsultant’s FAR rate or audited overhead rate may exceed that of the Consultant without the prior written consent of the Authority. The Consultant agrees to pay its subconsultants for satisfactory performance of their contracts no later than thirty (30) days from its receipt of payment from the CTRMA. Any delay or postponement of payment from the above referenced time frame may occur only for good cause following written approval of the CTRMA. This clause applies to payments to all subconsultants. Consultant is authorized to use those subconsultants identified in Appendix D attached hereto and incorporated herein, being those subconsultants identified in the response of Consultant to the RFQ. Additional subconsultants may only be utilized with the prior written consent of the Executive Director of the Authority.
