Laserfiche WebLink
<br /> <br />Exhibit C –Compensation Packet BC-1: Basic Services (other than RPR) – Lump Sum Method of Payment <br />EJCDC® E-500, Agreement Between Owner and Engineer for Professional Services. <br />Copyright © 2014 National Society of Professional Engineers, American Council of Engineering Companies, <br /> and American Society of Civil Engineers. All rights reserved. Page 1 <br /> <br />This is EXHIBIT C, consisting of 2 pages, referred <br />to in and part of the Agreement between <br />Owner and Engineer for Professional Services <br />dated [ ]. <br /> <br />Payments to Engineer for Services and Reimbursable Expenses <br />COMPENSATION PACKET BC-1: Basic Services – Lump Sum <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) – Lump Sum Method <br />of Payment <br /> <br />A. Owner shall pay Engineer for Basic Services set forth in Exhibit A, except for services of <br />Engineer’s Resident Project Representative, if any, as follows: <br />A Lump Sum amount of $1,322,000 based on the following estimated distribution of compensation: <br />a. Study and Report Phase $1,322,000 <br />b. Preliminary Design Phase $TBD <br />c. Final Design Phase $TBD <br />d. Bidding and Negotiating Phase $TBD <br />e. Construction Phase $TBD <br />f. Post-Construction Phase $TBD <br />Engineer may alter the distribution of compensation between individual phases noted herein to be <br />consistent with services actually rendered, but shall not exceed the total Lump Sum amount unless <br />approved in writing by the Owner. <br />The Lump Sum includes compensation for Engineer’s services and services of Engineer’s Consultants, if <br />any. Appropriate amounts have been incorporated in the Lump Sum to account for labor costs, overhead, <br />profit, expenses (other than any expressly allowed Reimbursable Expenses), and Consultant charges. <br />The portion of the Lump Sum amount billed for Engineer’s services will be based upon Engineer’s estimate <br />of the percentage of the total services actually completed during the billing period. <br />A. Period of Service: The compensation amount stipulated in Compensation Packet BC-1 is <br />conditioned on a period of service not exceeding 15 months. If such period of service is <br />extended, the compensation amount for Engineer's services shall be appropriately adjusted.