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M.V. RESOLUTION N0. 89- 7 <br />Page -3- <br />Minimum Fees - Schedule 2 <br />Cost of Construction: <br />$ 100,000 - <br />$ 100,000 - $ 500,000 <br />9% <br />Base Fee o£ 97 of $100,000 <br />Plus 67 of amount over $100,000 <br />$ 500,000 - $1,000,000 <br />$1,000,000 - $5,000,000 <br />Base fee of 6.67 of $500,000 <br />Plus 57 of amount over $500,000 <br />Base Fee of 6.07 of $1,000,000 <br />Plus 4.97 of amount over $1,000,000 <br />(c) If, after the plans, profiles, specifications and estimates of costs <br />for work authorized and approved by the Council have been prepared by the <br />Engineer, the proceedings for such work is abandoned or is postponed for a <br />period of more than six (6) months, or the actual construction of such work <br />is not commenced within nine (9) months after the date of delivery o£ said <br />plans, profiles, specifications and estimates of costs, then he shall be paid <br />forthwith a sum equal to seventy-five percent (757) of the fee stated in <br />Section 2(b), based on the total estimated cost of said improvements, as full <br />compensation for all work done up to that date upon the subject project. In <br />the event the proceedings for such work so abandoned, or postponed, is revived <br />and actively pursued by the Village, he shall perform the balance of the ser- <br />vices to be rendered under this Agreement and not previously performed, and <br />he shall credit against the total compensation due any payments made under <br />Section 2(c). <br />(d) The fee provided in Section 2(b) hereof shall cover engineering <br />services including preliminary estimates and reports, complete detailed <br />plans and specifications, preparation of monthly and final estimates for <br />contractors' payments. The above schedule of fees does not include property, <br />topographic, boundary or right-of-way surveys, lines and grade stakes, <br />resident engineer, inspection of materials, cost of test borings, or other <br />sub-surface explorations, or calculation of special assessments. These latter <br />services may be provided by the Engineer on an hourly basis in accordance with <br />the schedule of rates hereinafter set forth in Section 2(e). <br />(e) For all engineering services in connection with any and all public <br />improvements constructed by the Village in cooperation with any Federal or <br />State Agency, or work not let by contract, or for special surveys, reports, <br />etc., or for the preparation of special assessments and for any and all <br />services not specified above nor incident to nor connected with the <br />construction of public improvements, subject to the terms of Section 2(f), <br />compensation shall be made on the basis of time spent by him or his employees <br />and associates at the rates set forth in the following schedule of hourly <br />rates.