Common use of Design Fee Clause in Contracts

Design Fee. For the performance of all required Design Services during the Design Phase for the Project, as set forth below, the City agrees to pay and the Consultant agrees to accept a Lump Sum Design Fee, the amount of which shall be calculated in accordance with Article 7.2.4 below (the “Design Fee”). The Lump Sum Design Fee is deemed to include all costs and expenses incurred by the Consultant and/or its Subconsultants in the performance of all required Design Services for the Project, including all expenses related to management, overhead and any anticipated profit. For the performance of all required Design Services after completion of the Design Phase, through completion of construction, the City agrees to pay and the Consultant agrees to accept payment as time card services in accordance with Article 7.3.

Appears in 2 contracts

Sources: Standard Requirements Contract for Architectural Design and Related Services, Standard Requirements Contract for Technical Design and Related Services