No. 2687 approving/authorizing the execution of an addendum to the Master Agency Agreement (Trade Drive Project)

Home Browse Search

d. The hourly rates, which are attached as Exhibit B and used as a basis for payment, mean salaries and wages (basic and incentive) paid to all ENGINEER's personnel engaged directly on the project, including, but not limited to, engineers, architects, surveyors, planners, designers, draftsmen, specification writers, estimators, other technical and business personnel, and include the cost of customary and statutory benefits including, but not limited to, social security contributions, unemployment, excise and payroll taxes, worker's compensation, health and retirement benefits, sick leave, vacation and holiday pay, other group benefits, overhead expenses and profit. e. Reimbursable Expenses mean the actual expenses incurred by ENGINEER or ENGINEER's independent professional associates or consultants, directly or indirectly in connection with the project, such as expenses for: transportation and subsistence incidental thereto; obtaining bids for proposals from Contractor(s), overnight mail, facsimile (FAX) transmittals, toll telephone calls and telegrams; reproduction of reports, drawings, specifications, bidding documents, and similar project related items in addition tor-those - ._:required under Appendix "A "; -and, if authorized in advance r by -the OWNER, overtime work requiring higher than regular rates. • B. Method of Payment for Design Services 1. The ENGINEER may submit a maximum of one invoice voucher per calendar month for work covered under this Agreement. The invoice voucher shall be submitted to the OWNER. The invoice voucher shall represent the value, to the OWNER, of the partially completed work as of the date of the invoice voucher. The ENGINEER shall attach thereto a summary of each pay item in Section A.2 of this Appendix, percentage completed and prior payments. 2. The OWNER, for and in consideration of the rendering of the engineering services provided for in Appendix "A ", agrees to pay to the ENGINEER for rendering such services the fees established above in the following manner: a. The amount invoiced based upon percent complete or the contract unit price, except that: 1. The maximum payment for road design and plans shall be in accordance with the following schedule: a.) Preliminary Field Check Plans 60% b.) Final Plans 95% c.) Final Tracings 100% 2. The maximum payment for utility coordination shall be 75% at Preliminary Field Check Plans and the remaining at the review of utility relocation plans. 3 of 4 Appendix "D"