Common use of INTERIM PAYMENTS FOR BASIC FEE Clause in Contracts

INTERIM PAYMENTS FOR BASIC FEE. 7.2.1 The Owner shall make interim progress payments to the Professional on account of the basic fee under Article 6 as indicated in the following Subparagraphs when the total Owner-approved construction cost estimate is in excess of five million dollars ($5,000,000.00).

Appears in 20 contracts

Samples: Form of Agreement, Form of Agreement, Form of Agreement

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