2018-095 Resolution - Laserfiche WebLink

Home Browse Search

2.2 The CITY shall reimburse the CONSULTING ENGINEER for additional services rendered as follows: (a) For all additional services provided under Section 2.1 which involves public improvement project contracts to be awarded by the Board of Control, the compensation shall be a flat fee calculated in accordance with the following fee schedule: If the actual Cost of the Improvement Project is $0 to 100,000 100,001 to 500,000 500,001 to 1,000,000 Engineering Fee for all such additional services shall be 12% Base fee of 12% of the first $100,000 plus 7.5% of the amount over $100,000 Base fee of 8.4% of the first $500,000 plus 6.8% of the amount over $500,000 1,000,0001 to 5,000,000 Base fee of 7.2% of the first $1,000,000 plus 6.2% of the amount over $1,000,000 (b) The fees are payable as follows: (1) Seventy-five percent (75%) of the total fee shall be paid when contract plans, specifications and detailed estimates are completed and submitted to the CITY. (2) The remaining twenty-five percent (25%) of the total fee shall be payable in pro rata monthly payments in accordance with the estimated percentages of work completed by construction, until the aggregate of all payments shall equal the total remaining amount due under this Agreement as provided for in this Agreement. (3) That if any authorized work (covered by this Agreement) being performed by the Engineer shall be suspended, postponed, or abandoned prior to the completion and submission of the work to the CITY, the Engineer shall be reimbursed for services rendered on account of it, the payment shall be based as far as possible on the fee established in this Agreement or where the Agreement cannot be applied, then the basis shall be at the rate per 5