Lump Sum Method of Payment. A. Owner shall pay Engineer for Basic Services set forth in Exhibit A, except for services of Engineer’s Resident Project Representative, if any, as follows:
Lump Sum Method of Payment. Owner shall pay Engineer for Basic Services set forth in Exhibit A, except for services of Engineer’s Resident Project Representative, if any, as follows: A Lump Sum amount of $[ ] based on the following estimated distribution of compensation: Study and Report Phase $[ ] Preliminary Design Phase $[ ] Final Design Phase $[ ] Bidding and Negotiating Phase $[ ] Construction Phase $[ ] Post-Construction Phase $[ ] Engineer may alter the distribution of compensation between individual phases noted herein to be consistent with services actually rendered, but shall not exceed the total Lump Sum amount unless approved in writing by the Owner. The Lump Sum includes compensation for Engineer’s services and services of Engineer’s Consultants, if any. Appropriate amounts have been incorporated in the Lump Sum to account for labor costs, overhead, profit, expenses (other than any expressly allowed Reimbursable Expenses), and Consultant charges. In addition to the Lump Sum, Engineer is also entitled to reimbursement from Owner for the following Reimbursable Expenses (see Appendix 1 for rates or charges): [ ] [List any such expenses here, or indicate “None.” If “None” then the reference to Appendix 1 may be deleted.] . The portion of the Lump Sum amount billed for Engineer’s services will be based upon Engineer’s estimate of the percentage of the total services actually completed during the billing period. If any Reimbursable Expenses are expressly allowed, Engineer may also xxxx for any such Reimbursable Expenses incurred during the billing period.
Lump Sum Method of Payment. The consultant shall be paid the Lump Sum amount as provided in the Agreement for the project as a whole or such parts thereof on which a Lump Sum is provided. The amount of the final invoice shall be the remaining amount due the Engineer after all prior partial and/or interim payments by XxxxXXX have been deducted from the Lump Sum amount as set forth in the Agreement. Cost Per Unit of Work Method – The consultant will be paid a total fee in the amount of the number of PennDOT accepted Units of Work times the Unit Price or Prices set forth in the Agreement. The final invoice shall be the amount of total accepted fee less the aggregate amount of the prior partial payments made to the consultant by XxxxXXX. Cost Plus a Fixed Fee Amount Method – The consultant will be paid the amount of the fee computed in accordance with the procedure set forth for partial payments in these Specifications above, subject to a final audit of the Agreement and the determination of the consultant's total amount due. The final settlement will be the submission by the consultant of a Final Invoice in the amount of the audited amount due less the aggregate sum of the prior partial payments by XxxxXXX to the consultant. Where the total aggregate sum of the prior partial payments exceeds the amount of the final audited amount of fee, the consultant shall refund the overpayment amount to PennDOT. Specific Rate of Compensation – The consultant shall be paid the accumulated earnings of the consultant's employees authorized by XxxxXXX to perform work less the amount of the aggregate total of partial payments by XxxxXXX to the consultant. Invoice Submittal A series of edit checks are performed by ECMS, including a check on the integrity of the data submitted. These edit checks may result in warning messages being attached to the invoice. If for any reason an invoice is rejected, that invoice cannot be resubmitted. The consultant will need to create a new invoice. Both successfully submitted and rejected invoices are displayed in the Invoice Inquiry. The prime consultant can ‘Reject/Revise’ a subconsultant’s invoice if minor changes are needed. The consultant's invoice for progress payment will be reviewed and verified by the IO Project Manager and when found acceptable, will be approved by the IO Project Manager and presented to the Comptroller for payment. These progress invoices are merely partial payments and are subject to correction and adjustment as provided under the Agreement at ...
