2024 067 RESOLUTION - Laserfiche WebLink

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Resolution No. 2024 -67 Page 3 of 5 $500,000 to $1,000,000..................................................... Base Fee of 6.6% of $500,000 plus 5% of the amount over $500,000 Over $1,000,000................................................................. Base Fee of 6% of $1,000,000 Plus 4.9%of amount over $1,000,000 (b) If the proceedings for any improvement are completed according to the usual schedule, as provided by law, so that the bids are received and a Contract is awarded, the Engineer shall be paid a sum not to exceed 75 percent of the amount listed in the Percentage Fee Schedule above. As the work progresses, the Engineer shall receive additional compensation equal to the balance of the fee in the Percentage Fee Schedule, said compensation to be paid at the time the contractor's estimates, upon which the Engineer's payment is based, are presented for payment. Before the final estimate for the work is issued, any necessary adjustments will be made so that the total fee paid to the Engineer shall be equal to the percentages listed in the Percentage Fee Schedule. (c) If the plans, profiles, specifications and estimates of costs for work authorized and approved by the Council have been prepared by the Engineer and the proceedings for such work are abandoned or are postponed for a period of more than six (6) months, or the actual construction of such work is not commenced within nine (9) months after the date of delivery of said plans, profiles, specifications and estimates of costs, then the Engineer shall be paid a sum equal to 75 percent of the fee set forth in the Percentage Fee Schedule, based on the total estimated cost of said improvements, as full compensation for all work completed on the subject project. In the event the proceedings for such abandoned or postponed work are revived and actively pursued by the Village, the Engineer shall perform the balance of the services not previously performed, and he shall credit against the total compensation due any payments previously received. (d) The fee provided in the Percentage Fee Schedule shall cover engineering services including preliminary estimates and reports, complete detailed plans and specifications, preparation of monthly and final estimates for contractor payments. The above schedule of fees does not include property, topographic, boundary or right-of-way surveys, right-of-way plans and legal descriptions, line and grade stakes, construction observer, inspection of materials, cost of test borings, or other subsurface explorations, or calculation of special assessments. These latter services may be provided by the Engineer on an hourly basis in accordance with the schedule of rates hereinafter set forth in Section 3(e). Specialized services such as subsurface exploration, test borings, preparation of electrical plans, etc. shall be performed by sub -consultants and their fees shall be approved by the Mayor and Council prior to performing the work. (e) Hourly Rate Schedule. For additional services for which the Engineer shall have been authorized by the Mayor to prepare material or work not let by Contract, compensation shall be made on the basis of time spent by the Engineer at the rates set forth below: Registered Engineer $ 110.00 Engineer $ 85.00 Draftsman/Auto CAD $ 57.50 Construction Observation $ 46.50 Survey Crew $120.00