Professional Services Agreement - Lawson Fisher Assoc. - 2018 VPA Improvements

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'w r............. min C2.03 Compensation for Basic Services - Standard Hourly Rates Alfethod of Payment (HNTE) A. Owner shall pay Engineer for Basic Services set forth in Exhibit A and as described and identified in Paragraph C2.01 with compensation as HNTE as follows: 1. An amount equal to the cumulative horns charged to the Project by each class of Engineer's personnel times Standard Hourly Rates for each applicable billing class for all services performed on the Project, plus Reimbursable Expenses and Engineer's Consultants' charges, if any. 2. Engineer's Reimbursable Expenses Schedule and Standard Hourly Rates are attached to this Exhibit C as Appendices 1 and 2. 3. Engineer may alter the distribution of compensation between individual phases of the work or other identified work noted herein to be consistent with services actually rendered, but shall not exceed the total estimated compensation amount unless approved in writing by Owner. See also C2.04.C:2 below. 4. The total estimated compensation for Engineer's services included in the breakdown by phases as noted in Paragraph C2.01 incorporates all labor, overhead, profit, Reimbursable Expenses and Engineer's Consultants' charges for items identified as HNTE. 5. The amounts billed for Engineer's services under Paragraph C2.01 will be based on the cumulative hours charged to the Project during the billing period by each class of Engineer's employees times Standard Hourly Rates for each applicable billing class, plus Reimbursable Expenses and Engineer's Consultants' charges. 6. If amounts billed under this compensation method are within ten percent (10%) of the maximum amount payable prior to the satisfactory completion of the described services, the Engineer shall notify Owner and the status will be evaluated. 7. The Standard Hourly Rates and Reimbursable Expenses Schedule will be adjusted annually (as of January 1) to reflect equitable changes in the compensation payable to Engineer. C2.04 Compensation for Reimbursable Expenses A. Owner shall pay Engineer for all Reimbursable Expenses at the rates set forth in Appendix 1 to this Exhibit C. B. Reimbursable Expenses include the following categories: import tie and subsistenee :, eide„t thereto; providing and niaii+taiaing field office facilities including furnishings and utilities3 tell te-1ephone-calls and ,,,, bile phone ehape,;-reproduction of reports, Drawings, Specifications, Bidding Documents, and similar Project -related items in addition to those required under Exhibit Page 2 Exhibit C —Basic services (other than 11PR and Post -Construction) — Lump Sung Method of Payment EJCDC E-500 Agreement Between Owner and Engineer for Professional Services. Copyright © 2008 National society of Professional Engineers for EJCDC. All rights reserved.