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PSA - Laurel Woods Drainage Improvements Design – McCormick Engineering, LLC
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PSA - Laurel Woods Drainage Improvements Design – McCormick Engineering, LLC
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11/24/2020 7:16:03 PM
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Board of Public Works
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Contracts
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11/24/2020
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Page 3 <br />Exhibit C – Compensation Packet RPR-5: Resident Project Representative ServicesSalary Costs Times a Factor 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 />C.Estimated Compensation Amounts: <br />1.Engineer’s estimate of the amounts that will become payable for specified services are only <br />estimates for planning purposes, are not binding on the parties, and are not the minimum or <br />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 its <br />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 completed. <br />If Owner decides not to suspend the Engineer's services during the negotiations and <br />Engineer exceeds the estimated amount before Owner and Engineer have agreed to an <br />increase in the compensation due Engineer or a reduction in the remaining services, then <br />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.
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