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Resolution No. 2021-50
<br />Page 3 of 5
<br />$100,000 to $500,000........................................................ Base fee of 9% of $100,000
<br />Plus 6% of amount over $100,000
<br />$500,000 to $1,000,000..................................................... Base Fee of 6.6% of $500,000
<br />plus 5% of the amount over $500,000
<br />Over $1,000,000................................................................. Base Fee of 6% of $1,000,000
<br />Plus 4.9%of amount over $1,000,000
<br />(b) If the proceedings for any improvement are completed according to the usual schedule, as
<br />provided by law, so that the bids are received and a Contract is awarded, the Engineer shall be paid a
<br />sum not to exceed 75 percent of the amount listed in the Percentage Fee Schedule above. As the work
<br />progresses, the Engineer shall receive additional compensation equal to the balance of the fee in the
<br />Percentage Fee Schedule, said compensation to be paid at the time the contractor's estimates, upon
<br />which the Engineer's payment is based, are presented for payment. Before the final estimate for the
<br />work is issued, any necessary adjustments will be made so that the total fee paid to the Engineer shall
<br />be equal to the percentages listed in the Percentage Fee Schedule.
<br />(c) If the plans, profiles, specifications and estimates of costs for work authorized and
<br />approved by the Council have been prepared by the Engineer and the proceedings for such work
<br />AW are abandoned or are postponed for a period of more than six (6) months, or the actual construction
<br />of such work is not commenced within nine (9) months after the date of delivery of said plans,
<br />profiles, specifications and estimates of costs, then the Engineer shall be paid a sum equal to 75
<br />percent of the fee set forth in the Percentage Fee Schedule, based on the total estimated cost of
<br />said improvements, as full compensation for all work completed on the subject project. In the
<br />event the proceedings for such abandoned or postponed work is revived and actively pursued by
<br />the Village, the Engineer shall perform the balance of the services not previously performed, and
<br />he shall credit against the total compensation due any payments previously received.
<br />(d) The fee provided in the Percentage Fee Schedule shall cover engineering services
<br />including preliminary estimates and reports, complete detailed plans and specifications,
<br />preparation of monthly and final estimates for contractor payments. The above schedule of fees
<br />does not include property, topographic, boundary or right-of-way surveys, right-of-way plans and
<br />legal descriptions, line and grade stakes, construction observer, inspection of materials, cost of
<br />test borings, or other subsurface explorations, or calculation of special assessments. These latter
<br />services may be provided by the Engineer on an hourly basis in accordance with the schedule of
<br />rates hereinafter set forth in Section 3(e). Specialized services such as subsurface exploration,
<br />test borings, preparation of electrical plans, etc. shall be performed by sub -consultants and their
<br />fees shall be approved by the Mayor and Council prior to performing the work.
<br />(e) Hourly Rate Schedule. For additional services for which the Engineer shall have been
<br />authorized by the Mayor to prepare material or work not let by Contract, compensation shall be
<br />made on the basis of time spent by the Engineer at the rates set forth below:
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