Common use of Payment for Basic Services Clause in Contracts

Payment for Basic Services. In compliance with Civil Code Section 3320, DISTRICT shall make monthly progress payments to CONSULTANT upon receipt of CONSULTANT's statement on account of compensation due for Basic Services and/or Additional Services and/or Reimbursable Expenses as agreed to in a Task Order, less all payments made to date against each Task Order. Each Task Order shall set forth a Lump Sum amount (“Fee”) for CONSULTANT’s Basic Services. The amount of the progress payments shall be a fractional percentage of the Fee for that phase based on the estimated amount of Basic Services, and/or Additional Services and/or Reimbursable Expenses completed/incurred that are being invoiced, less all payments made to date for the particular phase, less 5% retention. The fractional percentage shall represent the services performed that month as the numerator and the total services required within the particular phase as the denominator.