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C. Estimated Compensation Amounts: <br />1. Engineer's estimate of the amounts that will become payable for specified services are <br />only estimates for planning purposes, are not binding on the parties, and are not the <br />minimum or maximum amounts payable to Engineer under the Agreement. <br />2. When estimated compensation amounts have been stated herein and it subsequently <br />becomes apparent to Engineer that the total compensation amount thus estimated will be <br />exceeded, Engineer shall give Owner written notice thereof, allowing Owner to consider <br />its options, including suspension or termination of Engineer's services for Owner's <br />convenience. Upon notice, Owner and Engineer promptly shall review the matter of <br />services remaining to be performed and compensation for such services. Owner shall <br />either exercise its right to suspend or terminate Engineer's services for Owner's <br />convenience, agree to such compensation exceeding said estimated amount, or agree to a <br />reduction in the remaining services to be rendered by Engineer, so that total compensation <br />for such services will not exceed said estimated amount when such services are <br />completed. If Owner decides not to suspend the Engineer's services during the <br />negotiations and Engineer exceeds the estimated amount before Owner and Engineer have <br />agreed to an increase in the compensation due Engineer or a reduction in the remaining <br />services, then Engineer shall be paid for all services rendered hereunder. <br />D. To the extent necessary to verify Engineer's charges and upon Owner's timely request, Engineer <br />shall make copies of such records available to Owner at cost. <br />Page 3 <br />Exhibit C —Compensation Packet BC-2: Basic Services (other than RPR) — Standard Hourly Rates Method of Payment <br />EJCDC E-500 Agreement Between Owner and Engineer for Professional Services. <br />Copyright © 2008 National Society of Professional Engineers for EJCDC. All rights reserved. <br />