Common use of Key Personnel Change Fees Key Personnel Unavailability Liquidated Damages Clause in Contracts

Key Personnel Change Fees Key Personnel Unavailability Liquidated Damages. 7.4.1 As deemed compensation to TxDOT for Losses described in Section 8.3.1.4 of the General Conditions, DB Contractor agrees to pay to TxDOT the following Key Personnel Change Fees amounts in accordance with such section. The Key Personnel Change Fees shall be assessed in the amounts set forth below for changes to Key Personnel during the periods described below. Each period shall be determined by the progress percentages, which are calculated by dividing the DB Contractor’s earned to date amount set forth in the most recent approved Draw Request by the Price. POSITION KEY PERSONNEL CHANGE FEE PERIODS PERIOD 1 (0%- 40% Progress Percentage) PERIOD 2 (40%- 60% Progress Percentage) PERIOD 3 (60%- 80% Progress Percentage) PERIOD 4 (80%- 100% Progress Percentage) Project Manager $150,000 $150,000 $75,000 $75,000 Construction Manager $150,000 $150,000 $75,000 $75,000 Design Manager $150,000 $75,000 $75,000 $37,500 Lead MOT Design Engineer $150,000 $150,000 $75,000 $75,000 Independent Quality Firm Manager $150,000 $150,000 $150,000 $75,000 Professional Services Quality Assurance Manager $150,000 $75,000 $75,000 $37,500

Appears in 5 contracts

Samples: Pegasus Link Constructors, Agreement, Agreement

AutoNDA by SimpleDocs

Key Personnel Change Fees Key Personnel Unavailability Liquidated Damages. 7.4.1 As deemed compensation to TxDOT for Losses described in Section 8.3.1.4 of the General Conditions, DB Contractor agrees to pay to TxDOT the following Key Personnel Change Fees amounts in accordance with such section. The Key Personnel Change Fees shall be assessed in the amounts set forth below for changes to Key Personnel during the periods described below. Each period shall be determined by the progress percentages, which are calculated by dividing the DB Contractor’s earned to date amount set forth in the most recent approved Draw Request by the Price. POSITION KEY PERSONNEL CHANGE FEE PERIODS PERIOD 1 (0%- 40% Progress Percentage) PERIOD 2 (40%- 60% Progress Percentage) PERIOD 3 (60%- 80% Progress Percentage) PERIOD 4 (80%- 100% Progress Percentage) Project Manager $150,000 $150,000 $75,000 100,000 $75,000 Construction Manager $150,000 $150,000 $75,000 150,000 $75,000 150,000 Design Manager $150,000 $75,000 $75,000 $37,500 25,000 Lead MOT Design Engineer $150,000 $150,000 $75,000 $75,000 25,000 Independent Quality Firm Manager $150,000 $150,000 $150,000 $75,000 150,000 Professional Services Quality Assurance Manager $150,000 $75,000 $75,000 $37,50025,000 Maintenance Manager $150,000 $75,000 $75,000 $100,000 Utility Manager $150,000 $150,000 $100,000 $75,000 Lead Roadway Design Engineer $150,000 $150,000 $75,000 $25,000 Lead Structural Engineer $150,000 $150,000 $75,000 $25,000 Lead MOT Implementation Manager $150,000 $150,000 $100,000 $75,000 Safety Manager $150,000 $150,000 $150,000 $150,000

Appears in 4 contracts

Samples: Design Build Agreement, Design Build Agreement, Design Build Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!