Payments to the Architect Clause Samples
The "Payments to the Architect" clause outlines the terms and conditions under which the architect will be compensated for their services. It typically specifies the payment schedule, such as milestone payments tied to project phases or deliverables, and may detail acceptable methods of payment and any required documentation, like invoices or progress reports. This clause ensures that both parties have a clear understanding of when and how the architect will be paid, reducing the risk of disputes and providing financial predictability throughout the project.
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Payments to the Architect. 10.1 An initial payment of «zero dollars » ($ « 0 » ) shall be made upon execution of this Agreement and is the minimum payment under this Agreement. It shall be credited to the Owner’s account in the first invoice. If full credit applied to the initial invoiced amount exceeds the amount due, then the credit shall be applied to each subsequent invoice until the full credit has been exhausted; or, in the alternative, the Owner may request a refund by the Architect of the Initial payment should progress of the Services be inadequate to fully apply the credit for the initial payment to the first and immediately subsequent invoices.
Payments to the Architect. 11.5.1 Payments for services and reimbursable expenses shall be made monthly and, where applicable, shall be in proportion to services performed.
11.5.2 Payments are due and payable upon presentation of the Architect’s invoice.
11.5.3 Amounts unpaid 30 calendar days after the 5th of the month shall bear interest at the rate of 1-1/2%.
Payments to the Architect. 6.1 PAYMENTS ON ACCOUNT OF BASIC SERVICES
6.1.1 Invoices for all services performed, shall include the “Invoice Summary” shown as Exhibit E to this Agreement and detailed supporting documentation for all charges.
6.1.2 An initial payment as set forth in Paragraph 14.1 is the minimum payment under this Agreement.
6.1.3 Subsequent payments for Basic Services shall be made on the form included as Exhibit E, not more than once monthly and shall be in proportion to services performed within each Phase of services, on the basis set forth in Article 14.
6.1.4 If and to the extent that the Contract Time initially established in the Contract for Construction is exceeded or extended through no fault of the Architect, compensation for any Basic Services required for such extended period of Administration of the Construction Contract shall be computed as set forth in paragraph 14.3.2
Payments to the Architect. 1.3.8.1 Payments on account of services rendered and for Reimbursable Expenses incurred shall be made monthly upon presentation of the Architect’s statement of services. No deductions shall be made from the Architect’s compensation on account of penalty, liquidated damages or other sums withheld from payments to contractors, or on account of the cost of changes in the Work other than those for which the Architect has been adjudged to be liable.
1.3.8.2 Reimbursable Expenses are in addition to compensation for the Architect’s services and include expenses incurred by the Architect and Architect’s employees and consultants directly related to the Project, as identified in the following Clauses:
.1 transportation in connection with the Project, solely for authorized out-of-town travel and subsistence;
Payments to the Architect. Payments on account of the agreed compensation in Article 4 shall be made upon presentation of Architect's monthly Invoice and Statement which will detail services rendered and expenses incurred by the Architect during the previous month's work. Payments to the Architect are due upon receipt and payable within 30 calendar days from the date of the invoice. If unpaid after 30 days, interest at 7% will accrue on any unpaid balance.
Payments to the Architect. § 11.10.1 An initial payment of zero ($ 0 ) shall be made upon execution of this Agreement and is the minimum payment under this Agreement. It shall be credited to the Owner’s account in the final invoice.
§ 11.10.2 Unless otherwise agreed, payments for services shall be made monthly in proportion to services performed. Payments are due and payable upon presentation of the Architect’s invoice. Amounts unpaid thirty ( 30 ) days after the invoice date shall bear interest at the rate entered below, or in the absence thereof at the legal rate prevailing from time to time at the principal place of business of the Architect. One point five % 1.5% monthly
§ 11.10.3 The Owner shall not withhold amounts from the Architect’s compensation to impose a penalty or liquidated damages on the Architect, or to offset sums requested by or paid to contractors for the cost of changes in the Work unless the Architect agrees or has been found liable for the amounts in a binding dispute resolution proceeding. § 11.10.4 Records of Reimbursable Expenses, expenses pertaining to Additional Services, and services performed on the basis of hourly rates shall be available to the Owner at mutually convenient times.
Payments to the Architect. Payments on account of the Architect shall be made as follows:
4.2.1 Payments for Basic Services shall be made monthly in proportion to services performed so that the total paid compensation at the completion of each Phase shall equal the following percentages of the Basic Services Compensation. PreDesign Phase 3% Schematic Design Phase 20% Design Development Phase 17% Construction Documents Phase 35% Bidding or Negotiations Phase 3% Construction Phase 19% Post Construction Phase 3%
4.2.2 No deductions shall be made from the Architect's Basic Services Compensation on account of penalty, liquidated damages, retainage or other sums withheld from payments to Contractors, or on account of the cost of changes in the construction contract work other than those for which the Architect has been found liable.
4.2.3 If the Project is suspended for more than six months or abandoned in whole or in part by the Owner, the Architect shall be paid compensation for services performed prior to receipt of written notice from the Owner of such suspension or abandonment, and all reasonable termination expenses resulting from such suspension or abandonment. If the Project is resumed after being suspended for more than six months, the Architect's Basic Services Compensation shall be equitably adjusted.
4.2.4 Payments are due and payable thirty (30) days from the date of receipt of the Architect's invoice. Any amount unpaid thirty (30) days after receipt of invoice shall bear interest at one (1) percent per month.
Payments to the Architect. § 11.10.1 An initial payment of zero dollars ($0) shall be made upon execution of this Agreement and is the minimum payment under this Agreement. It shall be credited to the Owner’s account in the final invoice.
Payments to the Architect. 3.1 Architect will be paid based on submitted invoices approved by the Owner and pursuant to the provisions of the Illinois Local Government Prompt Payment Act (50 ILCS 505/1) and in accordance with the invoice processing policies and practices of Owner. Owner shall use best efforts to promptly process Architect’s invoices when received and promptly present the same to its Board of Education and upon approval, promptly process payment drafts to Architect.
Payments to the Architect. § 11.10.1 An initial payment of « » ($ « » ) shall be made upon execution of this Agreement and is the minimum payment under this Agreement. It shall be credited to the Owner’s account in the final invoice.
§ 11.10.2 Unless otherwise agreed, payments for services shall be made monthly in proportion to services performed. Payments are due and payable upon presentation thirty (30) days from the date of receipt of the Architect’s invoice; pending receipt of a completed invoice. Amounts unpaid « »forty-five ( « »45 ) days after receipt of the invoice date shall bear interest at the rate entered below, or in the absence thereof at the legal rate prevailing from time to time at the principal place of business of the Architect. No payment shall be due to the Contractor until the Contractor has submitted to the City’s Finance Department IRS Form W-9 Request for Taxpayer Identification and Certification (▇▇▇▇://▇▇▇.▇▇▇.▇▇▇/pub/irs-pdf/fw9.pdf). The City shall pay by electronic fund transfer; the Architect shall submit the EFT agreement (▇▇▇▇://▇▇▇▇▇▇▇.▇▇▇/LO-EFT) to the City’s Finance Department. Bank information for electronic payment should be made to the account indicated on the Architect’s invoice. « »12 % « »
§ 11.10.3 The Owner shall not withhold amounts from the Architect’s compensation to impose a penalty or liquidated damages on the Architect, or to offset sums requested by or paid to contractors for the cost of changes in the Work unless the Architect agrees or has been found liable for the amounts in a binding dispute resolution proceeding. Payments to the Architect shall not be withheld, postponed or made contingent on the construction, completion, or success of the project. or upon receipt by the Owner of off setting reimbursement or credit from other parties who may have caused Additional Services or expenses. No withholdings, deductions or offsets shall be made from the Architect’s compensation for any reason unless the Architect has been found to be legally liable for such amounts.
§ 11.10.4 Records of Reimbursable Expenses, expenses pertaining to Additional Services, and services performed on the basis of hourly rates shall be available to the Owner at mutually convenient times.