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<br /> <br />Page 1 <br />Exhibit C – Compensation Packet BC-3: Basic Services (other than RPR) –Percentage of Construction Cost 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 /> <br /> <br />This is EXHIBIT C, consisting of pages, referred to <br />in and part of the Agreement between Owner and <br />Engineer for Professional Services dated , . <br /> <br />Payments to Engineer for Services and Reimbursable Expenses <br />COMPENSATION PACKET BC-3: Basic Services – Percentage of Construction Cost <br /> <br />Article 2 of the Agreement is supplemented to include the following agreement of the parties: <br /> <br />ARTICLE 2 – OWNER’S RESPONSIBILITIES <br /> <br />C2.01 Compensation for Basic Services (other than Resident Project Representative) – Percentage of <br />Construction Cost Method of Payment <br /> <br />A. Owner shall pay Engineer for Basic Services set forth in Exhibit A, except for services of Engineer’s <br />Resident Project Representative, if any, as follows: <br />1. General: An amount equal to percent of the Construction Cost. This amount includes <br />compensation for Engineer’s Services and services of Engineer’s Consultants, if any. The <br />percentage of Construction Cost noted herein accounts for labor, overhead, profit, and <br />Reimbursable Expenses. <br />2. As a basis for payment to Engineer, Construction Cost will be based on one or more of the <br />following determinations with precedence in the order listed for Work designed or specified <br />by Engineer: <br />a. For Work designed or specified and incorporated in the completed Project, the actual <br />final price of the Construction Contract(s), as duly adjusted by change orders. <br />b. For Work designed or specified but not constructed, the lowest bona fide Bid received <br />from a qualified bidder for such Work; or, if the Work is not bid, the lowest bona fide <br />negotiated proposal for such Work. <br />c. For Work designed or specified but not constructed upon which no such Bid or proposal <br />is received, Engineer’s most recent opinion of probable Construction Cost. <br />d. Labor furnished by Owner for the Project will be included in the Construction Cost at <br />current market rates including a reasonable allowance for overhead and profit. Materials <br />and equipment furnished by Owner will be included at current market prices. <br />e. For purposes of determining Construction Cost under this provision, no deduction is to <br />be made from Construction Contract pricing on account of any penalty, liquidated <br />damages, or other amounts withheld from payments to Contractor(s). <br /> <br />3. Progress Payments: