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Owner and Engineer further agree as follows: <br />1.01 Basic Agreement and Period of Service <br />A. Engineer shall provide, or cause to be provided, the services set forth in this Agreement. If <br />authorized by Owner, or if required because of changes in the Project, Engineer shall furnish <br />services in addition to those set forth above. Owner shall pay Engineer for its services as set forth <br />in Paragraphs 7.01 and 7.02. <br />B. Engineer shall complete its services within a reasonable time, or within the following specific time <br />period: <br />1. Field Survey <br />2. Geotechnical Investigation <br />3. Design & Construction Does <br />3 Weeks from Authorization to Proceed <br />4 Weeks from Authorization to Proceed <br />7 Weeks from Authorization to Proceed <br />C. If the Project includes construction -related professional services, then Engineer's time for <br />completion of services is conditioned on the time for Owner and its contractors to complete <br />construction not exceeding Um months. If the actual time to complete construction exceeds the <br />number of months indicated, then Engineer's period of service and its total compensation shall be <br />appropriately adjusted. <br />2.01 Payment Procedures <br />A. Invoices: Engineer shall prepare invoices in accordance with its standard invoicing practices and <br />submit the invoices to Owner on a monthly basis. Invoices are due and payable within 30 35 days <br />of receipt. 9 Qvmer fails to make any parnent due Engineer foir seltvices aad expenses within - - <br />of days afte* rooeipt of Engineer's inveiee, then ahma amounits due Engineef will be -At the rat <br />,46 per- month (or the maxinnim fate of inter-ost perinitted by law, if less) from said thirtiet <br />daj- In addition, Engineer may, after giving seven days written notice to Owner, suspend services <br />under this Agreement until Engineer has been paid in full all amounts due for services, expenses, <br />and other related charges. Owner waives any and all non -disputed claims against Engineer for any <br />such suspension. Payments will be oreditod first to interost and then to prineipal. <br />3.01 Termination <br />A. The obligation to continue performance under this Agreement may be terminated: <br />1. For cause, <br />a. By either party upon 30 days written notice in the event of substantial failure by the <br />other party to perform in accordance with the Agreement's terms through no fault of the <br />terminating party. Failure to pay Engineer for its services is a substantial failure to <br />perform and a basis for termination. <br />Page 3 <br />EJCDC E-500 Agreement Between Owner and Engineer for Professional Services <br />Copyright (0 2008 National Society of Professional Engineers for )CJCDC. All rights reserved. <br />