Value of Agreement. The value of this Agreement is $[INSERT] (“Design Fee”). This amount includes Program of Requirements (“POR”), Schematic Design fee of Section 3.5.1 Not-to-Exceed (“NTE”) Amount. Notwithstanding Section 3.5 above, the A/E will be paid an amount NTE $[INSERT] at this time. In no event shall the A/E be paid more than this amount unless the A/E is authorized to exceed this limit in advance and in writing by a DGS Contracting Officer. Any future increases to the NTE amount shall be authorized via a modification to this Agreement.
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Samples: Architectural/Engineering Services Agreement, Architectural/Engineering Services Agreement, Architectural/Engineering Services Agreement
Value of Agreement. The value of this Agreement is $[INSERT] (“Design Fee”). This amount includes Program Concept Design fee of Requirements (“POR”), $[INSERT]; Schematic Design fee of
Section 3.5.1 Not-to-Exceed (“NTE”) Amount. Notwithstanding Section 3.5 above, the A/E will be paid an amount NTE $[INSERT] at this time. In no event shall the A/E be paid more than this amount unless the A/E is authorized to exceed this limit in advance and in writing by a DGS Contracting Officer. Any future increases to the NTE amount shall be authorized via a modification to this Agreement.
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