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Page 5 <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 />6.01 Total Agreement <br />A.This Agreement (including any expressly incorporated attachments), constitutes the entire <br />agreement between Owner and Engineer and supersedes all prior written or oral understandings. <br />This Agreement may only be amended, supplemented, modified, or canceled by a duly executed <br />written instrument. <br />7.01 Basis of Payment—Hourly Rates Plus Reimbursable Expenses <br />A.Using the procedures set forth in Paragraph 2.01, Owner shall pay Engineer as follows: <br />1.An amount equal to the cumulative hours charged to the Project by each class of Engineer’s <br />employees times standard hourly rates for each applicable billing class for all services <br />performed on the Project, plus reimbursable expenses and Engineer’s consultants’ charges, <br />if any. <br />2.Engineer’s Standard Hourly Rates are attached as Appendix 1. <br />3.The total compensation for services and reimbursable expenses is estimated to be $49,000. <br />7.02 Additional Services: For additional services of Engineer’s employees engaged directly on the <br />Project, Owner shall pay Engineer an amount equal to the cumulative hours charged to the Project <br />by each class of Engineer’s employees times standard hourly rates for each applicable billing class; <br />plus reimbursable expenses and Engineer’s consultants’ charges, if any. Engineer's standard <br />hourly rates are attached as Appendix 1. <br />Attachments: Appendix 1, Engineer's Standard Hourly Rates