2006 020 Ordinance - Laserfiche WebLink

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of the Project shall be payable to the extent services are performed on those portions, in accordance with the schedule set forth in Subparagraph 11.2.2, based on (1) the lowest bona fide bids or negotiated proposals, or (2) if no such bids or proposals are received, the most recent estimate of Construc- tion Cost prepared by the Construction Manager for such por- tions of the Project. 10.4 PAYMENTS ON ACCOUNT OF ADDITiONAL SERVICES AtVD REIMBURSABLE EXPENSES rendered or expenses incurred. 10.5 P,4YMENTS WITHHELD 10.4.1 Payments on account of the Architect's Additional Ser- vices and for Reimbursable Expenses shall be made monthly upon presentation of the Architect's statement of services 10.5.1 No deductions shall be made from the Architect's com- pensation 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 found to be liable. 10.6 ARCHITECT'S ACCOUNTING RECORDS 10.6.1 Records of Reimbursable Expenses and expenses per- taining to Additional Services and services performed on the basis of a multiple of Direct Personnel Expense shall be available to the Owner or the Owner's authorized represen- tative at mutually convenient times. ARTICLE 11 BASIS OF COMPENSATION The Owner shall compensate the Architect as follows: 11.1 AN INITIAL PAYMENT of NONE Dollars ($ -0- shall be made upon execution of this Agreement and credited to the Owner's account at final payment. 11.2 BASIC COMPENSATION 11.2.1 FOR BASIC SERVICES, as described in Article 2, and any other services included in Article 12 as part of Basic Services, Basic Compensation shall be computed as follows: (Guert basis of compensation, including stipulated sunzs, multip[es or percentages, and identifj? pbases to wbicb partiailar metbods of compensation'apply, ij rxecessary.) NINE :E'ERCENT (9.0/) OF CONSTRUCTION COST 11.2.2 Where compensation is based on a stipulated sum or percentage of Construction Cost, progress payments for Basic Services in each phase shall total the following percentages of the total Basic Compensation payable: (Insert additional pbases as appropriate.) Schematic Design Phase: TEN percent (.10 %) Design Development Phase: TWENTY percent (20 %) Construction Documents Phase: FIFTY-FIVE percent (55 %) Bidding or Negotiation Phase: F I VE percent ( 5%) Construction Phase: TEN percent (jQ %) Total Basic Compensation: one hundred percent (100%) 11.3 COMPENSATIOIV FOR ADDITIONAL SERVICES 11.3.1 FOR PROJECT REPRESENTATION BEYOND BASIC SERVICES, as described in Paragraph 3.2, compensation shall be com- puted as follows: AIA DOCUMENT B741/CMa • OWNERARCHITECT AGREEMENT • CONSTRUCTION MANAGER ADVISER EDITION • 1992 EDITION • AIAm • OO 1992 • THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 NEW YORK AVENUE, N.W., WASHINGTON, D.C. 20006-5292 • INARNING: Unlicensed photocopying violates U.S. copyright laws and will subject the violator to legal prosecution. B141/CMa-1992 9