Percentage Basis. (Insert percentage value)
Percentage Basis. (Insert percentage value) (Describe the method of compensation)
Percentage Basis. Development: Percent ( %) of the cost of development of the Joint Property exclusive of coats provided under Paragraph 8 of Section II and all salvage credits.
Percentage Basis. «Nine and one half» («9.5» )% of the Owner’s budget for the Cost of the Work, as calculated in accordance with Section 11.6. Percentage is based on a Minimum Cost of work of Eight Million Dollars ($8,000,000) and a Maximum Cost of Work of Ten Million Dollars ($10,000,000). Architects reserves the right to renegotiate the compensation percentage if the cost of work is outside of this range.
Percentage Basis. (Insert percentage value) Five and Eighty Fifth (5.85 ) % of the Owner’s budget for the Cost of the Work, as calculated in accordance with Section 11.6. Compensation will be converted to a stipulated sum at the conclusion of the design development phase based on an approved scope of work and budget.
