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Version 6-8-2017 <br />25 <br />APPENDIX "D" <br />Compensation: <br />A.Amount of Payment: <br />1.The CONSULTANT shall receive as payment for the work performed under this <br />contract the total amount not to exceed $313,300 unless a supplemental is executed by <br />the parties that increased the maximum amount payable. The final total not-to-exceed <br />amount shall not exceed 12.5% of the actual project construction cost once let and <br />finalized. <br />2.The CONSULTANT will be paid for the actual hours of work performed exclusively <br />on this Contract in accordance with the negotiated hourly billing rates per <br />classification: <br /> Allowable Hourly Rates Per Year <br /> *(2021 Negotiated Rates Plus 5%) <br />Labor Classification *2022 <br />Project Engineer (Licensed Professional Engineer) $136.27 <br />Overtime $159.17 <br />Project Supervisor/Project Engineer (Non-Licensed) $149.43 <br />Overtime $174.53 <br />Inspector $111.96 <br />Overtime $130.77 <br />Project Information II $127.59 <br />DBE Sub-Consultant (McCormick Engineering, LLC): <br />Licensed Engineer $128.00 <br />Inspector $ 94.65 <br />Inspector – Overtime $ 117.00