Basic Lump Sum Fee Sample Clauses

Basic Lump Sum Fee. The Owner agrees to pay the Design Professional for services rendered under this Agreement the “Basic Lump Sum Fee” identified on the Schedule of Project Details. The Basic Lump Sum Fee will fully compensate the Design Professional for all Basic Services required by this Agreement. Additional terms and conditions are as follows: 4.1.1 Payments to the Design Professional will be made within thirty (30) days following the Design Professional’s request for payment. Requests for payment will be apportioned for each phase of service in accordance with the schedule therefor set forth on the Schedule of Project Details. 4.1.2 Progress payments to all of the Design Professional’s Sub-consultants must be made within 30 days after the Design Professional receives payment from the Owner, and the Owner may request proof of payment. 4.1.3 If the scope of the Project increases or decreases in any material manner during the development of its design, the Basic Lump Sum Fee may, if appropriate, be modified by written agreement. 4.1.4 If, during the course of the Work, the Owner requests a change in the original scope of the Project, any increase or decrease in the Design Professional’s compensation will be based on the provisions of §6.2. 4.1.5 All addenda, bulletins, construction change directives, and change orders resulting from ambiguity, inaccuracy, conflict, inconsistency or inadequacy of the Construction Documents prepared by the Design Professional will be considered Basic Services and are included in the Basic Lump Sum Fee. 4.1.6 The Owner may, at any time and for any reason or no reason, direct the Design Professional to discontinue work on all or any part of the Project or to eliminate portions of the Services. If the Owner does so, the Design Professional will be paid for its work up to the point of the suspension or elimination based upon the percentage of work completed at that time.
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Basic Lump Sum Fee. The Owner agrees to pay the Design Professional for services rendered under this Agreement the “Basic Lump Sum Fee” identified on the Schedule of Project Details. The Basic Lump Sum Fee shall fully compensate the Design Professional for all Basic Services required by this Agreement to the full extent of the scope of the Project that is reflected within the Construction Costs stated in Section 1.2 of this Agreement regardless of what the Construction Costs may turn out to be. Additional terms and conditions are as follows: 4.1.1 Progress payments to all of the Design Professional’s Sub-consultants must be made in a reasonable amount of time after the Design Professional receives payment from the Owner. 4.1.2 If the scope of the Project increases or decreases by a significant amount during the development of its design, a contract modification may be made through mutual agreement in writing, signed by both parties and recalculating the basic lump sum fee, if appropriate. 4.1.3 All addenda, bulletins, construction change directives, and change orders resulting from inaccuracy, conflict, inconsistency or inadequacy of the Construction Documents prepared by the Design Professional shall be considered Basic Services and are included in the Basic Lump Sum Fee, except as provided in Article 6. 4.1.4 If, during the course of the construction, the Owner requests a change from the original scope of the Project, compensation will be based on provisions outlined in Section 6.2 of this Agreement. 4.1.5 If the Owner requests the Design Professional to perform architectural services for any part of the Project which is not built or if the Project is discontinued at any point, the Design Professional shall be paid for its work up to the point of its suspension based upon the percentage of work completed at the time of suspension. At any time and for any reason, the Owner reserves the right to discontinue the design work on the Project or delete portions of the professional services, in which case the Design Professional shall be paid as required by this Agreement for the work performed to the date of such cancellation or deletion. 4.1.6 Payments to the Design Professional shall be made within thirty (30) days following the Design Professional’s request for payment. Requests for payment shall be proportioned for each phase of service in accordance with the schedule therefor set forth on the Schedule of Project Details. 4.1.7 The Design Professional may issue monthly request...
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Related to Basic Lump Sum Fee

  • Basic Fee One-twelfth of the annual Basic Fee Rate for a class shall be applied to the average of the net assets of the class of the Fund (computed in the manner set forth in the Trust’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month. The resulting dollar amount comprises the monthly Basic Fee for the class.

  • Lump Sum Payments The retiring allowance shall be paid in annual instalments, to a maximum of three

  • Lump Sum Payment If an individual JOC Task Order is scheduled for Completion within forty- five (45) days or less, the County will make one payment after thirty (30) days of Work to the Contractor, exclusive of retention. Contractor may request for one payment (including retention payment); however, payment will be made after Final Acceptance of the JOC Task Order.

  • Distribution Fee The distribution fee payable to the Dealer Manager as additional compensation for serving as the dealer manager for the Offering and reallowable to Soliciting Dealers with respect to Shares sold by them, as described in the Corporation’s Prospectus.

  • Annual Fees The annual rental fee of a standard individual 12 x 14 plot is $40 per plot. Please note this rental fee is non-refundable and must be paid at the time of application. This fee is used to offset expenses associated with the Garden. Please make checks payable to ▇▇▇▇▇▇ Township Recreation.