PAYMENTS AND COMPENSATION TO THE ARCHITECT. The Architect’s Compensation shall be:
PAYMENTS AND COMPENSATION TO THE ARCHITECT. The Architect’s Compensation shall be: Total Architect’s Fee from initial meeting to permit drawings: $1,500 The Owner shall pay the Architect an initial payment of Five Hundred Dollars and Zero Cents ($ 150.00 ) as a minimum payment under this Agreement. The initial payment shall be credited to the final invoice. The Owner shall reimburse the Architect for expenses incurred in the interest of the Project, plus One and one-tenth percent ( 1.10% ). Payments are due and payable upon receipt of the Architect’s monthly invoice. Amounts unpaid Thirty ( 30 ) days after the invoice date shall bear interest from the date payment is due at the rate of Eighteen percent ( 18.00% ) per annum , or in the absence thereof, at the legal rate prevailing at the principal place of business of the Architect. At the request of the Owner, the Architect shall provide services not included in Article 1 for additional compensation. Such services may include providing or coordinating services of consultants not identified in Article 1; revisions due to changes in the scope, quality or budget; evaluating changes in the Work and Contractors’ requests for substitutions of materials or systems; and services not completed within Twelve ( 12 ) months of the date of this Agreement through no fault of the Architect.
PAYMENTS AND COMPENSATION TO THE ARCHITECT. The Architect’s Compensation shall be: Compensation shall be a stipulated lump sum as defined in Exhibit A. The Owner shall pay the Architect an initial payment of Zero dollars and No cents ($0.00) as a minimum payment under this Agreement. The initial payment shall be credited to the final invoice. The Owner shall reimburse the Architect for expenses incurred in the interest of the Project, plus Ten percent (10.00%). Payments are due and payable upon receipt of the Architect’s monthly invoice. Amounts unpaid Sixty (60) days after the invoice date shall bear interest from the date payment is due at the rate of One percent (1.00%) per month, or in the absence thereof, at the legal rate prevailing at the principal place of business of the Architect. Initial payment may be delayed until July 1, 2022. At the request of the Owner, the Architect shall provide additional services not included in Article 1 for additional compensation. Such additional services may include, but not be limited to, providing or coordinating services of consultants not identified in Article 1; revisions due to changes in the Project scope, quality or budget, or due to Owner-requested changes in the approved design; evaluating changes in the Work and Contractors’ requests for substitutions of materials or systems; providing services necessitated by the Contractor’s failure to perform; and the extension of the Architect’s Article 1 services beyond twelve (12) months of the date of this Agreement through no fault of the Architect. Compensation for these services shall be hourly in accordance with the Standard Hourly Rate Schedule current at the time services are provided. The Standard Hourly Rate Schedule shall be adjusted in accordance with the Architect’s normal review practices.
PAYMENTS AND COMPENSATION TO THE ARCHITECT. The Architect’s Compensation shall be: « » under this Agreement. The Owner shall pay the Architect an initial payment of « » ($ « » ) as a minimum payment The initial payment shall be credited to the final invoice. The Owner shall reimburse the Architect for expenses incurred in the interest of the Project, plus « » percent ( « » %). Payments are due and payable upon receipt of the Architect’s monthly invoice. Amounts unpaid « » ( « » ) days after the invoice date shall bear interest from the date payment is due at the rate of « » percent ( « » %) « » , or in the absence thereof, at the legal rate prevailing at the principal place of business of the Architect. At the request of the Owner, the Architect shall provide additional services not included in Article 1 for additional compensation. Such additional services may include, but not be limited to, providing or coordinating services of consultants not identified in Article 1; revisions due to changes in the Project scope, quality or budget, or due to Owner-requested changes in the approved design; evaluating changes in the Work and Contractors’ requests for substitutions of materials or systems; providing services necessitated by the Contractor’s failure to perform; and the extension of the Architect’s Article 1 services beyond « » ( « » ) months of the date of this Agreement through no fault of the Architect.
PAYMENTS AND COMPENSATION TO THE ARCHITECT. 1. Architectural Services are based on an hourly rate and are as follows:
PAYMENTS AND COMPENSATION TO THE ARCHITECT. 6.1 The Architect’s total fee for Basic Services of this Agreement is: X Thousand and No/100 Dollars ($XX,000.00). [Insert below the Architect’s fee for each Project phase, and for listed additional services, if any.] Precentage Design Phase $XX,000.00 (55%) Bidding Phase $XX,000.00 (5%) Construction Administration Phase $XX,000.00 (35%) Construction Closeout $XX,000.00 (5%) Total Fees Amount = $XX,000.00 Total Fees Amount Encumbered in this Agreement = $XX,000.00 Partial payments for a), b), c) and d) above may be made monthly with the amount of the payment prorated over the anticipated time required to complete a particular phase. In no case shall the total of the partial payments for a particular phase exceed the fee for that phase as shown above.
PAYMENTS AND COMPENSATION TO THE ARCHITECT. Insert the amount of, or the method for calculating, the Architect’s compensation. Some sample methods of computing compensation are provided below: Multiple of Direct Personnel Expense: “Compensation for services rendered by principals, employees and professional consultants shall be based on a Multiple of Direct Personnel Expense. Direct Personnel Expense is the direct salaries of the architect’s personnel engaged on the project and the portion of the cost of their mandatory and customary contributions and benefits related thereto, such as employment taxes and other statutory employee benefits, insurance, sick leave, holidays, vacations, pensions and similar contributions and benefits.” Professional Fee Plus Expenses: “Compensation shall be a Fixed Fee of Dollars ($ ), plus compensation for services rendered by Principals, employees and professional consultants.” Stipulated Sum: “Compensation shall be a stipulated sum of Dollars ($ ).” Percentage of Construction Cost: “Compensation shall be based on percent ( %) of Construction Cost. The Construction Cost shall be the total cost or estimated cost to the Owner of all elements of the Project designed or specified by the Architect and shall include the cost at current market rates of labor and materials furnished by the Owner and equipment designed, specified, selected or specially provided for by the Architect, plus a reasonable allowance for the Contractor’s overhead and profit. In addition, a reasonable allowance for contingencies shall be included for market conditions at the time of bidding and for changes in the Work during construction. The Construction Cost, however, does not include the compensation of the Architect and Architect’s consultants, the costs of the land, rights-of-way, financing or other costs which are the responsibility of the Owner.” After inserting the amount or method of compensation, insert the amount of the initial payment, which is to be determined by the parties. Insert the percentage amount of the administrative fee to be paid to the Architect for reimbursable expenses. Insert the number of days at which interest on unpaid invoices will begin to accrue and the rate of interest agreed upon or leave the interest rate blank to select the legal rate of interest. Insert the number of months beyond which additional compensation shall be paid for services not completed through no fault of the Architect.
PAYMENTS AND COMPENSATION TO THE ARCHITECT. The Architect’s Compensation shall be: $73,000 in total compensation The Owner shall pay the Architect an initial payment of $ as a minimum payment under this Agreement. The initial payment shall be credited to the final invoice. The Owner shall reimburse the Architect for expenses incurred in the interest of the Project plus 10%. Payments are due and payable upon receipt of the Architect’s monthly invoice. Amounts unpaid thirty
PAYMENTS AND COMPENSATION TO THE ARCHITECT. The Architect’s Compensation shall be: . $ TOTAL CONTRACT AMOUNT: $ . PLUS REIMBURSABLES NOT TO EXCEED $ . BASIC SERVICES: Schematic Design Design Development Construction Documents Bidding Construction Administration TOTAL BASIC SERVICES The Owner shall pay the Architect an initial payment of zero ($ 0 ) as a minimum payment under this Agreement. The initial payment shall be credited to the final invoice. The Owner shall reimburse the Architect for usual and reasonable expenses actually and necessarily incurred in the interest of the Project, plus percent ( %).Project. Reimbursable expenses shall be reasonable and standard rates for expenses. The Owner will not pay for premium travel, lodging, or meals. For example, lowest available or coach fare not first class, cab fare not limousine, lodging base room rate not-to-exceed $199/night. Expenses shall be for employees of the Architect only when engaged in work directly associated with the project. Reimbursable Expenses must comply with the guidelines contained in this Agreement to be eligible for reimbursement by Owner. Reimbursable Guidelines Category Sample Charges Communications – Postage/Delivery USPS, FedEx, Courier Service Communications – Telephone long-distance charges Consultant Fees Consultants’ fees and reimbursables (travel expenses, copies, etc.) In-house Reproduction & Printing Xerox copies, in-house drawing copies Travel & Lodging airfare, hotel, taxis, rental cars, parking, mileage (Travel Agent fees excluded) Vendor Reproduction & Printing ARC/eBlueprints, copy services
PAYMENTS AND COMPENSATION TO THE ARCHITECT. The Architect’s Compensation shall be: Hourly as needed to a maximum of $47,039.00 The Owner shall reimburse the Architect for expenses incurred in the interest of the Project; The reimbursable costs are estimated @ $469.00. These will be presented at cost plus ten percent ( 10%). Payments are due and payable upon receipt of the Architect’s monthly invoice. Amounts unpaid thirty ( 30 ) days after the invoice date shall bear interest from the date payment is due at the rate of twelve percent ( 12 %) annum , or in the absence thereof, at the legal rate prevailing at the principal place of business of the Architect. At the request of the Owner, the Architect shall provide additional services not included in Article 1 for additional compensation. Such additional services may include, but not be limited to, providing or coordinating services of consultants not identified in Article 1; revisions due to changes in the Project scope, quality or budget, or due to Owner-requested changes in the approved design; evaluating changes in the Work and Contractors’ requests for substitutions of materials or systems; providing services necessitated by the Contractor’s failure to perform; and the extension of the Architect’s Article 1 services beyond twelve ( 12 ) months of the date of this Agreement through no fault of the Architect.
