Common use of (Basic Fees Clause in Contracts

(Basic Fees. For percentage based fees, the Basic Fee, including all design & engineering consultants, extra fees, and reimbursable expenses is stated in the Agreement, provided the Cost of the Work does not change. If the Owner increases the Cost of the Work, the Designer’s Basic Fees shall be adjusted accordingly (per the Schedule of Basic Fee Rates).

Appears in 4 contracts

Sources: Standard Articles of Agreement Between Owner & Designer, Design Services Agreement, Standard Articles of Agreement Between Owner & Designer

(Basic Fees. 12.01 For percentage based fees, the Basic Fee, including all design & engineering consultants, extra fees, and reimbursable expenses is stated in the Agreement, provided the Cost of the Work does not change. If the Owner increases the Cost of the Work, the Designer’s Basic Fees shall be adjusted accordingly (per the Schedule of Basic Fee Rates).

Appears in 1 contract

Sources: Design Services Agreement