Common use of PAYMENTS TO THE DESIGNER Clause in Contracts

PAYMENTS TO THE DESIGNER. 7‑1 Payments on account of the Designer's basic services shall become due and payable in an amount sufficient to increase the compensation for basic services to the following percentages of the basic fee upon completion of the phases of work as indicated hereinafter; monthly payments may be made if progress is satisfactory to the Owner. Payments are not to exceed the stated percentages. (a) Upon approval of Schematic Design Phase 15% (b) Upon approval of Design Development Phase 20% (c) Upon approval of working drawings and specification 30% (d) Upon receipt of bids 5% (e) During the Construction Phase, monthly in proportion to the progress of the work, up to and including final inspection and acceptance 25% (f) Upon the closing of all construction contracts and the approval of record drawings and final report 5% 7‑2 Payments for additional services of the Designer, as defined in Article 2, shall be made at the time of the next payment due under schedule of payments for basic services above.

PAYMENTS TO THE DESIGNER. 7‑1 Payments on account of the Designer's basic services shall become due and payable in an amount sufficient to increase the compensation for basic services to the following percentages of the basic fee upon completion of the phases of work as indicated hereinafter; monthly payments may be made if progress is satisfactory to the Owner. Payments are not to exceed the stated percentages. (a) Upon approval of Schematic Design Phase 15% (b) Upon approval of Design Development Phase 2035% (c) Upon approval of working drawings and specification 3065% (d) Upon receipt of bids 570% (e) During the Construction Phase, monthly in proportion to the progress of the work, up to and including final inspection and acceptance 2595% (f) Upon the closing of all construction contracts and the approval of record drawings and final report 5100% 7‑2 Payments for additional services of the Designer, as defined in Article 2, shall be made at the time of the next payment due under schedule of payments for basic services above.

PAYMENTS TO THE DESIGNER. 7‑1 7-1 Payments on account of the Designerdesigner's basic services shall become due and payable in an amount sufficient to increase the compensation for basic services to the following percentages of the basic fee upon completion of the phases of work as indicated hereinafter; monthly payments may be made if progress is satisfactory to the Owner. Payments are not to exceed the stated percentages. (a) Upon approval of Schematic Design Phase 15% (b) Upon approval of Design Development Phase 2035% (c) Upon approval of working drawings Working Drawings and specification 30Specifications 65% (d) Upon receipt Receipt of bids 5Bids 70% (e) During the Construction Phase, monthly in proportion to the progress of the work, up to and including final inspection and acceptance 2595% (f) Upon the closing of all construction contracts and the approval of record drawings and final report 5100% 7‑2 7-2 Payments for additional services of the Designer, as defined in Article 2, shall be made at the time of the next payment due under schedule of payments for basic services above.

PAYMENTS TO THE DESIGNER. 7‑1 7-1 Payments on account of the Designer's basic services shall become due and payable in an amount sufficient to increase the compensation for basic services to the following percentages of the basic fee upon completion of the phases of work as indicated hereinafter; monthly payments may be made if progress is satisfactory to the Owner. Payments are not to exceed the stated percentages. (a) Upon approval of Schematic Design Phase 15% (b) Upon approval of Design Development Phase 20% (c) Upon approval of working drawings and specification 30% (d) Upon receipt of bids 5% (e) During the Construction Phase, monthly in proportion to the progress of the work, up to and including final inspection and acceptance 25% (f) Upon the closing of all construction contracts and the approval of record drawings and final report 5% 7‑2 7-2 Payments for additional services of the Designer, as defined in Article 2, shall be made at the time of the next payment due under schedule of payments for basic services above.