Common use of PAYMENTS FOR BASIC FEE Clause in Contracts

PAYMENTS FOR BASIC FEE. 6.2.1 Payments to the Professional on account of the basic fee under Subparagraph 6.1.1 shall be made as indicated in the following paragraphs. 6.2.2 Upon completion of the Analysis/Inspection/Schematic Phase and written approval of the appropriate Using Agency, Governing Board, and Owner, a sum equal to twenty percent (20%) of the basic fee computed upon the approved estimate of construction cost shall be due. 6.2.3 Upon completion of the Construction Document Phase and written approval of the appropriate Using Agency, Governing Board, and Owner, a sum equal to sixty percent (60%) of the basic fee, less any previous payments, computed upon the approved estimate of construction cost shall be due. Such sum shall in no instance be computed upon an amount larger than the total amount available for the Project and in no event shall exceed the budget furnished by the Owner to the Professional. 6.2.4 If upon completion of the Construction Document Phase and written approval of the appropriate Using Agency or Governing Board, the Owner is unable or chooses not to execute the Bidding Phase described in Paragraph 2.5, the Professional is due a sum equal to seventy percent (70%) of the basic fee, less any previous payments, computed upon the approved estimate of construction cost. Such sum shall in no instance be computed upon an amount larger than the budget furnished by the Owner to the Professional. 6.2.5 Upon completion of the Bidding Phase, written approval of the appropriate Using Agency, Governing Board, and Owner, and receipt of an executable Construction Contract signed by the Contractor, a sum equal to seventy-five percent (75%) of the basic fee, less any previous payments, computed upon the actual Contract award amount shall be due. 6.2.6 If upon completion of the Bidding Phase and written approval of the appropriate Using Agency or Governing Board, the Owner is unable or chooses not to execute the Construction Phase described in Paragraph 2.6, the Professional is due a sum equal to seventy-five percent (75%) of the basic fee, less any previous payments, computed upon the lowest and best BASE BID [Alternates will in no case be considered.]. Such sum will in no instance be computed upon an amount larger than the BASE BID. In no instance will the fee described in this paragraph be due IF the computed total Project budget using the BASE BID amount exceeds the budget furnished by the Owner to the Professional. Refer to Paragraph 4.3. 6.2.7 Payment of fees to the Professional during the Construction Phase shall be made monthly in proportion to the current percentage requested by the Contractor and approved by the Owner 6.2.8 The Owner reserves the right to determine when and who provides the Professional service items needed for this Project. Any pay request submitted by the Professional which contains service items not authorized by the Owner to be performed by the Professional may be disapproved in part, or total.

Appears in 16 contracts

Samples: Professional Services, Professional Services, Professional Services

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PAYMENTS FOR BASIC FEE. 6.2.1 7.1.1 Payments to the Professional on account of the his basic fee under Subparagraph 6.1.1 Article 6 shall be made as indicated in the following paragraphs. 6.2.2 7.1.2 Upon completion of the Analysis/Inspection/Program and Schematic Design Phase and written approval of the appropriate Using Agency, Governing Board, and Owner, a sum equal to twenty ten percent (2010%) of the basic fee computed upon the approved estimate of construction cost shall be due. 6.2.3 7.1.3 Upon completion of the Design Development Phase and written approval of the appropriate Using Agency or Governing Board, and the Owner, a sum equal to thirty percent (30%) of the basic fee, less any previous payments, computed upon the approved estimate of construction cost shall be due. 7.1.4 Upon completion of the Construction Document Phase and written approval of the appropriate Using Agency, Governing Board, and Owner, a sum equal to sixty percent (60%) of the basic fee, less any previous payments, computed upon the approved estimate of construction cost shall be due. Such sum shall in no instance be computed upon an amount larger than the total amount available for the Project and in no event shall exceed the budget furnished by the Owner to the Professional. 6.2.4 7.1.5 If upon completion of the Construction Document Phase and written approval of the appropriate Using Agency or Governing Board, the Owner is unable or chooses not to execute the Bidding Phase described in Paragraph 2.5, the Professional is due a sum equal to seventy percent (70%) of the basic fee, less any previous payments, computed upon the approved estimate of construction cost. Such sum shall in no instance be computed upon an amount larger than the budget furnished by the Owner to the Professional. 6.2.5 7.1.6 Upon completion of the Bidding Phase, written approval of the appropriate Using Agency, Governing Board, and Owner, and receipt of an executable Construction Contract signed by the Contractor, a sum equal to seventy-five percent (75%) of the basic fee, less any previous payments, computed upon the actual Contract award amount shall be due. 6.2.6 7.1.7 If upon completion of the Bidding Phase and written approval of the appropriate Using Agency or Governing Board, the Owner is unable or chooses not to execute the Construction Phase described in Paragraph 2.62.9, the Professional is due a sum equal to seventy-five percent (75%) of the basic fee, less any previous payments, computed upon the lowest and best BASE BID [Alternates will in no case be considered.]. Such sum will in no instance be computed upon an amount larger than the BASE BID. In no instance will the fee described in this paragraph Subparagraph be due IF the computed total Project budget using the BASE BID amount exceeds the budget furnished by the Owner to the Professional. Refer to Paragraph 4.3. 6.2.7 7.1.8 Payment of fees to the Professional during the Construction Phase shall be made monthly in proportion to the current percentage requested by the Contractor and approved by the Owner. 6.2.8 7.1.9 The Owner reserves the right to determine when and who provides the Professional service items needed for this Project. Any pay request submitted by the Professional which contains service items not authorized by the Owner to be performed by the Professional may be disapproved in part, or total.

Appears in 13 contracts

Samples: Professional Services, Professional Services, Professional Services

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PAYMENTS FOR BASIC FEE. 6.2.1 7.1.1 Payments to the Professional on account of the his basic fee under Subparagraph 6.1.1 Article 6 shall be made as indicated in the following paragraphs. 6.2.2 7.1.2 Upon completion of the Analysis/Inspection/Program and Schematic Design Phase and written approval of the appropriate Using Agency, Governing Board, and Owner, a sum equal to twenty ten percent (2010%) of the basic fee computed upon the approved estimate of construction cost shall be due. 6.2.3 7.1.3 Upon completion of the Design Development Phase and written approval of the appropriate Using Agency or Governing Board, and the Owner, a sum equal to thirty percent (30%) of the basic fee, less any previous payments, computed upon the approved estimate of construction cost shall be due. 7.1.4 Upon completion of the Construction Document Phase and written approval of the appropriate Using Agency, Governing Board, and Owner, a sum equal to sixty percent (60%) of the basic fee, less any previous payments, computed upon the approved estimate of construction cost shall be due. Such sum shall in no instance be computed upon an amount larger than the total amount available for the Project and in no event shall exceed the budget furnished by the Owner to the Professional. 6.2.4 7.1.5 If upon completion of the Construction Document Phase and written approval of the appropriate Using Agency or Governing Board, the Owner is unable or chooses not to execute the Bidding Phase described in Paragraph 2.5, the Professional is due a sum equal to seventy percent (70%) of the basic fee, less any previous payments, computed upon the approved estimate of construction cost. Such sum shall in no instance be computed upon an amount larger than the budget furnished by the Owner to the Professional. 6.2.5 7.1.6 Upon completion of the Bidding Phase, written approval of the appropriate Using Agency, Governing Board, and Owner, and receipt of an executable Construction Contract signed by the Contractor, a sum equal to seventy-five percent (75%) of the basic fee, less any previous payments, computed upon the actual Contract award amount shall be due. 6.2.6 7.1.7 If upon completion of the Bidding Phase and written approval of the appropriate Using Agency or Governing Board, the Owner is unable or chooses not to execute the Construction Phase described in Paragraph 2.62.9, the Professional is due a sum equal to seventy-five percent (75%) of the basic fee, less any previous payments, computed upon the lowest and best BASE BID [Alternates will in no case be considered.]. Such sum will in no instance be computed upon an amount larger than the BASE BID. In no instance will the fee described in this paragraph Subparagraph be due IF the computed total Project budget using the BASE BID amount exceeds the budget furnished by the Owner to the Professional. Refer to Paragraph 4.3. 6.2.7 7.1.8 Payment of fees to the Professional during the Construction Phase shall be made monthly in proportion to the current percentage requested by the Contractor and approved by the Owner. 6.2.8 7.1.9 The Owner reserves the right to determine when and who provides the Professional service items needed for this Project. Any pay request submitted by the Professional which contains service items not authorized by the Owner to be performed by the Professional may be disapproved in part, or total.

Appears in 2 contracts

Samples: Professional Services, Professional Services Agreement

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