Payments to the Architect. § 11.10.1 An initial payment of zero ($ 0 ) shall be made upon execution of this Agreement and is the minimum payment under this Agreement. It shall be credited to the Owner’s account in the final invoice.
§ 11.10.2 Unless otherwise agreed, payments for services shall be made monthly in proportion to services performed. Payments are due and payable upon presentation of the Architect’s invoice. Amounts unpaid thirty ( 30 ) days after the invoice date shall bear interest at the rate entered below, or in the absence thereof at the legal rate prevailing from time to time at the principal place of business of the Architect. One point five % 1.5% monthly
§ 11.10.3 The Owner shall not withhold amounts from the Architect’s compensation to impose a penalty or liquidated damages on the Architect, or to offset sums requested by or paid to contractors for the cost of changes in the Work unless the Architect agrees or has been found liable for the amounts in a binding dispute resolution proceeding. § 11.10.4 Records of Reimbursable Expenses, expenses pertaining to Additional Services, and services performed on the basis of hourly rates shall be available to the Owner at mutually convenient times.
Payments to the Architect. 10.1 An initial payment of «0 » ($ « 0 » ) shall be made upon execution of this Agreem payment under this Agreement. It shall be credited to the Owner’s account in the first invoi to the initial invoiced amount exceeds the amount due, then the credit shall be applied to ea until the full credit has been exhausted; or, in the alternative, the Owner may request a refun Initial payment should progress of the Services be inadequate to fully apply the credit for th first and immediately subsequent invoices.
Payments to the Architect. 3.1 Architect will be paid based on submitted invoices approved by the Owner and pursuant to the provisions of the Illinois Local Government Prompt Payment Act (50 ILCS 505/1) and in accordance with the invoice processing policies and practices of Owner. Owner shall use best efforts to promptly process Architect’s invoices when received and promptly present the same to its Board of Education and upon approval, promptly process payment drafts to Architect.
Payments to the Architect. Payments on account of the Architect shall be made as follows:
4.2.1 Payments for Basic Services shall be made monthly in proportion to services performed so that the total paid compensation at the completion of each Phase shall equal the following percentages of the Basic Services Compensation. PreDesign Phase 3% Schematic Design Phase 20% Design Development Phase 17% Construction Documents Phase 35% Bidding or Negotiations Phase 3% Construction Phase 19% Post Construction Phase 3%
4.2.2 No deductions shall be made from the Architect's Basic Services Compensation on account of penalty, liquidated damages, retainage or other sums withheld from payments to Contractors, or on account of the cost of changes in the construction contract work other than those for which the Architect has been found liable.
4.2.3 If the Project is suspended for more than six months or abandoned in whole or in part by the Owner, the Architect shall be paid compensation for services performed prior to receipt of written notice from the Owner of such suspension or abandonment, and all reasonable termination expenses resulting from such suspension or abandonment. If the Project is resumed after being suspended for more than six months, the Architect's Basic Services Compensation shall be equitably adjusted.
4.2.4 Payments are due and payable thirty (30) days from the date of receipt of the Architect's invoice. Any amount unpaid thirty (30) days after receipt of invoice shall bear interest at one (1) percent per month.
Payments to the Architect. 10.1 An initial payment of zero ($ 0 ) shall be made upon execution of this Agreement and is the minimum payment under this Agreement. It shall be credited to the Owner’s account in the final invoice.
Payments to the Architect. 9.1 Payments on accounts of the Architect's service shall be as follows:
9.1.1 For Basic or Additional Services, upon satisfactory completion thereof, the amount prescribed in accordance with Article 2 hereinabove.
9.2 Payments for services of the Architect as defined in Article 3 hereinabove, and for Reimbursable Expense as defined in Paragraph 5.1 herein above, shall be made monthly upon presentation of a detailed invoice, or at such other interval as provided in the project authorization from the Owner. Invoices shall be submitted in detail sufficient for a proper pre-audit and post-audit thereof.
9.3 In the event University owes payment to the Vendor, the University shall initiate payment via Automated Clearing House (ACH) direct deposit batch processing within forty (40) days after receipt of an acceptable invoice and receipt and after inspection and acceptance of the goods, services or both, as provided in accordance with the terms and conditions of the applicable purchase order/agreement. Failure to initiate or mail the payment within 40 days may subject the University to accrue interest at a rate established pursuant to §55.03(1), Florida Statutes on the unpaid balance from the expiration of such 40 day period. Invoices shall cite the Contract and shall be submitted in detail sufficient for a proper pre-audit and post-audit. Each xxxx or invoice must clearly identify the services, portion of services, and expenses for which compensation is sought. Payment will be tendered only for services or the portion of services completed prior to the submission of the xxxx or invoice, or for expenses incurred prior to such submission. The University has established a “Vendor Ombudsman” for vendors who may be experiencing problems in obtaining timely payment(s). The University’s Ombudsman may be contacted at (000) 000-0000. Invoices which have been returned because of vendor preparation errors will result in delay in payment. The invoice payment requirements do not commence until a properly completed invoice is provided to the University.
9.4 No deduction shall be made from the Architect's compensation on account of liquidated damages or other sums withheld from payments to contractors.
9.5 If any work designed or specified by the Architect during any phase of service is abandoned or suspended in whole or in part, the Architect is to be paid for the service performed on account of it prior to receipt of written notice from the Owner of such abandonment or suspe...
Payments to the Architect. 1.3.8.1 Payments on account of services rendered and for Reimbursable Expenses incurred shall be made monthly upon presentation of the Architect’s statement of services. No deductions shall be made from the Architect’s compensation on account of penalty, liquidated damages or other sums withheld from payments to contractors, or on account of the cost of changes in the Work other than those for which the Architect has been adjudged to be liable.
1.3.8.2 Reimbursable Expenses are in addition to compensation for the Architect’s services and include expenses incurred by the Architect and Architect’s employees and consultants directly related to the Project, as identified in the following Clauses:
.1 transportation in connection with the Project, solely for authorized out-of-town travel and subsistence;
Payments to the Architect. 1.3.9.1 Payments on account of services rendered and for Reimbursable Expenses incurred shall be made in accordance with Exhibit A.
1.3.9.3 Records of expenses pertaining to of services shall be available to the Owner or the Owner’s authorized representative at mutually convenient times.
Payments to the Architect. 10.1 Unless otherwise agreed, payments for services shall be made monthly in proportion to services performed. Payments are due and payable upon presentation of the Architect’s invoice. Amounts due and payable under this Agreement that remain unpaid sixty ( 60 ) days after the invoice date shall bear interest at the rate entered below, or in the absence thereof at the legal rate prevailing from time to time at the principal place of business of the Architect.
Payments to the Architect. 11.5.1 Payments for services and reimbursable expenses shall be made monthly and, where applicable, shall be in proportion to services performed.
11.5.2 Payments are due and payable upon presentation of the Architect’s invoice.
11.5.3 Amounts unpaid 30 calendar days after the 5th of the month shall bear interest at the rate of 1-1/2%.
