Compensation for Basic Services Sample Clauses

Compensation for Basic Services. 9.1.1 For Basic Services, compensation will be as follows: For services performed under Article 1 hereof, total compensation to the Design- Builder will be based upon work completed and supported by monthly progress reports submitted to the Owner. 9.1.2 Upon receipt of payment from the Owner, the Design-Builder will promptly pay each licensed design professional and each subcontractor out of the amount paid to the Design-Builder, for such licensed design professional’s and subcontractor’s portion of the Work. The amount to which said licensed design professional and subcontractor is entitled should reflect percentages actually retained from payments to the Design- Builder on account of such licensed design professional’s and subcontractor’s portion of the Work. The Design-Builder will, by appropriate contract with each licensed design professional and each subcontractor, require each licensed design professional and each subcontractor to make payments to their respective subconsultants and sub-subcontractors in a similar manner. 9.1.3 The Design-Builder agrees to pay each subcontractor under this Contract for satisfactory performance of its contract no later than 10 days from the receipt of each payment the Design-Builder receives from the Owner. The Design-Builder agrees further to release retainage payments to each subcontractor within 10 days after the subcontractor’s work is satisfactorily completed. Any delay or postponement of payment from the above referenced time frame may occur only for good cause following written notice to the Owner. This clause applies to both DBE and non-DBE subcontractors. 9.1.4 Invoiced amounts will be based on the lesser of actual or agreed upon Design-Builder’s, design professionals’ and subconsultants’ hourly billing rates included in their submitted and agreed upon rate tables. The hourly billing rates will be multiplied by their actual time billed to the Project as substantiated by backup acceptable to the Owner and supported by monthly progress reports. The rate tables will include the Design-Builder’s, design professionals’ and subconsultants’ following: 9.1.4.1 Most recent audited overhead rates or agreed upon overhead rates; 9.1.4.2 Employee’s raw labor rates or agreed upon labor rates; 9.1.4.3 Negotiated profits; and 9.1.4.4 Agreed upon hourly billing rates. The Design-Builder, at its sole discretion, may submit invoices with hourly billing rates that are less than the agreed upon hourly billing rates. The Owner wi...

Compensation for Basic Services. A. Owner shall make payment for Part I and Part II services monthly. The payments shall be in proportion to the progress of Engineer's work. Final payment for each phase shall become due and payable upon completion and approval by Owner of that phase of Engineer's work. B. Owner shall make payment for Construction Phase services not more frequently than monthly in proportion to the amount of the gross progress payments to Contractor(s). C. Owner shall make no deduction from Engineer's compensation on account of penalties, liquidated damages or other sums withheld from Contractor(s) through no fault of Engineer. D. Owner shall make payment for Construction Completion Phase services upon completion of the requirements set forth in subsections II. F. 1, 2 and 3. E. Engineer shall submit requests for payment monthly on forms provided and in a manner prescribed by Owner.

Compensation for Basic Services. A. Owner shall make payment for Part I and Part II services monthly. The payments shall be in proportion to the progress of Architect's work. Final payment for each phase shall become due and payable upon completion and approval by Owner of that phase of Architect's work. B. Owner shall make payment for Construction Phase services not more frequently than monthly in proportion to the amount of the gross progress payments to GC/CM. C. Owner shall make no deduction from Architect's compensation on account of penalties, liquidated damages or other sums withheld from GC/CM through no fault of Architect. D. Owner shall make payment for Construction Completion Phase services upon completion of the requirements set forth in Article II. G. 1, 2 and 3. E. Architect shall submit requests for payment monthly on forms provided and in a manner prescribed by Owner.

Compensation for Basic Services. 7.1.1 Compensation for Basic Services shall include all compensation due the Designer from the Owner for all services under this Agreement except for Additional Services and Reimbursable Expenses.

Compensation for Basic Services. 5.1.1 The fee for Basic Services shall be computed as follows:

Compensation for Basic Services. The DISTRICT shall compensate the CONSULTANT for performing the Basic Services as described in Article I and in accordance with Article II a fixed fee of <AMOUNT IN WORDS> DOLLARS ($<AMOUNT IN NUMBERS>).

Compensation for Basic Services. 5.1.1 The fee for Basic Services shall be computed as follows: For services rendered in accordance with this Agreement, the basis for compensation shall be a lump-sum fee in the amount of ${ }, payable upon completion of each Project phase, after the review and approval by University, in accordance with the following schedule: NOTE: AS AN ALTERNATIVE TO PAYMENT AT THE COMPLETION OF EACH PHASE, MONTHLY PAYMENTS BASED ON THE PERCENTAGE OF COMPLETION MAY BE MADE, NOT TO EXCEED THE TOTAL FEE DUE FOR EACH PHASE.

Compensation for Basic Services. The DISTRICT shall compensate the CONSULTANT for the performance of all Services required under this AGREEMENT an amount not to exceed FIVE HUNDRED THOUSAND DOLLARS AND NO CENTS ($500,000.00). Payments will be based on monthly invoices, which will set forth the hours and dates actually worked and expenses incurred during the billing period. The billing rates indicated herein will be multiplied by the actual hours for each position to arrive at the total fee for each month. The CONSULTANT will not exceed the not to exceed fee without prior written authorization of the DISTRICT.

Compensation for Basic Services. The fixed fee for the performance of the Basic Services will be the sum of $1,899,899.59.