Laserfiche WebLink
ARTICLE 14 <br /> <br /> BASIS OF COMPENSATION <br /> <br />The Owner shall compensate the Architect for the Scope of Services provided, in accordance with Article 6, Payments <br />to the Architect, and the other Terms and Conditions of this Agreement, as follows: <br /> <br />11.1 AN I;4:T:AL FAVME;;T .~ ..... db:l~,.~ e$ ) <br /> s4qall b~ m~dc upo~ ~:~utign of th~ ~r~t and cr~it~ to the O~c~'3 ~c~nt ~; follows~ <br /> <br />14.2 BASIC COMPENSATION <br /> <br />14.2.1 FOR BASIC SERVICES, as described in Paragraphs 1,1 through 1,5, and any other services included in Article 15 <br /> as part of Basic Services, Basic Compensation shall be computed as follows: <br /> <br /> Fee for services shall be 7,757° of the cost of construction based on <br /> a single stipulated sum contract. <br /> <br />14.2.2 Where compensation is based on a Stipulated Sum or Percentage of Construction Cost, payments for Basic <br /> Services shall be made as provided in Subparagraph 6.1.2, so that Bisic Compensation for each Phase shall <br /> equal the following percentages of the total Basic Compensation payable: <br /> <br />Schematic Design Phase: <br />Design Development Phase: <br />Construction Documents Phase: <br />Bidding or Negotiation Phase: <br />Construction Phase: <br /> <br />Fifteen percent (15%) <br />Twenty percent (20%) <br />Forty percent (40%) <br />Five percent ( 5%) <br />Twenty percent (20%) <br /> <br />14.3 <br /> <br />FOR PROIECT REPRESENTAYION BEYOND BASIC SERVICES, as described in Paragraph 1.6, Compensation shall <br />be computed separately in accordance with Subparagraph 1.6.2. <br /> <br /> <br />