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Version 6-8-2017 <br />APPENDIX "D" <br />Compensation <br />A. Amount of Payment <br />The CONSULTANT shall receive payment for the work performed under this Contract. The total <br />amount not to exceed is $ 199,000.00 unless an amendment is executed by the parties which <br />increases the maximum amount payable and funding approval. <br />1 The CONSULTANT will be paid for the services described in Appendix "A" in accordance with <br />the INDOT Real Estate Services Fee Schedule and subsequent revisions thereto. <br />B. Method of Payment <br />The CONSULTANT may submit one invoice per calendar month for work covered under this <br />Contract. The invoice shall represent the value (determined in accordance with section A of this <br />Appendix), to the LPA, of the partially completed work as of the date of the invoice. <br />The method of payment for Appendix "D" A.2 shall be unit rate per the INDOT Real Estate <br />Services Pee Schedule. The LPA, for and in consideration of the rendering of the unit rate <br />services, agrees to pay to the CONSULTANT for rendering such services the fees established <br />above in the following manner: <br />a. For each pay item, and upon receipt of invoices from the CONSULTANT and the approval <br />thereof by the LPA, payments covering the items completed shall be due and payable to the <br />CONSULTANT. Such payments are to be equal to the amounts included in the INDOT Real <br />Estate Services Fee Schedule. <br />b. The CONSULTANT shall only bill for work completed on the above items. If any item is <br />eliminated, no additional billing will be allowed. <br />3. If, prior to the satisfactory completion of the services under this Contract, the total of the costs <br />incurred by the CONSULTANT is within ten percent (10%) of the maximum amount payable, the <br />CONSULTANT shall notify the LPA and the status will be evaluated. <br />[Remainder of Page Intentionally Left Blank] <br />24 <br />