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For the PRELIMINARY REPORT the fee shall be One Thousand <br />Six Hundred Dollars ($1, 600. 00). <br />For the AMENDED REPORT the fee shall be Two Thousand <br />Eight Hundred Dollars ($2, 800. 00). <br />Said sums shall be paid from funds made available for that <br />purpose by the City, upon completion of the respective REPORTS. <br />Subject to authorization and upon completion of the work <br />outlined under Article I, paragraphs 2, 3, above, the fee shall be based <br />upon the following table; and Seventy -- five Percent (75 %) of said fee, leas <br />a credit in the amount of Ten Percent (10 %) of said fee but not to exceed <br />a maximum of Four Thousand Four Hundred Dollars ($4, 400. 00) shall <br />be due and payable. Said net fee may be paid from funds obtained through <br />the sale of bonds to finance the project. <br />If the Total Construction Cost Is: <br />Under $50, 000 <br />$50, 000 to $150, 000 <br />$150,000 to $250,000 <br />$250,000 to $350,000 <br />$350,000 to $450,000 <br />$450, 000 to $550,000 <br />$550,000 to $650,000 <br />$650,000 to $750,000 <br />$750, 000 to $850,000 <br />$850,000 to $950,000 <br />$950,000 to $1,500,000 <br />The Percentase Fee Shall Be <br />10 % <br />7.25% <br />6.31% <br />5.84% <br />5.5% <br />5.26% <br />5.08% <br />4.93% <br />4.8% <br />4.69% <br />4.6% <br />3. The remaining Twenty -five Percent (251o) of the above <br />fee is for work as set forth in Article I, paragraph 4, and is due and <br />payable as the work progresses and in proportion to the partial payments <br />made to the Contractor. Final payment for this phase of the work shall <br />be due and payable upon final completion of the work, its approval and <br />acceptance. Any adjustments in the payment of fees to the Engineer shall <br />be made in the final payment. <br />4. For the inspection services outlined in Article I, <br />paragraph 5, and for any additional services required, and authorized <br />by the City, the fee shall be equal to the payroll cost incidental to such <br />additional services plus One Hundred Percent (100 %) for overhead and <br />profit and plus travel and subsistence and other expense directly incidental <br />to the project. <br />ARTICLE III. <br />The City agrees to pay directly the cost of all test wells, <br />test borings, sub- surface explorations or other investigations that may <br />be required, and to pay for chemical, mechanical or other tests when <br />required, and the cost of any geophysical consultantts reports. <br />