PHASE AMOUNT Clause Samples

The "Phase Amount" clause defines the specific monetary value allocated to a particular phase or stage of a project or contract. In practice, this clause sets a budget or payment cap for each phase, ensuring that expenditures or payments do not exceed the agreed-upon amount for that segment of work. For example, in a multi-phase construction project, each phase—such as design, permitting, or construction—would have its own phase amount. This clause's core function is to provide financial control and clarity, preventing cost overruns and ensuring that both parties understand the financial limits for each project phase.
PHASE AMOUNT. Incremental Cumulative Schematic Design Phase 15% Design Development Phase 15% 30% Construction Document Phase Submittal to DSA 25% 55% Approval by DSA 5% 60% Bidding Phase 3% 63% Construction Phase 32% 95% Project Close‐Out 5% 1 00% The Architect‐Engineer’s fees for all Basic Services requirements are deemed included within the foregoing amounts. Travel and Mileage: Travel, mileage and parking related to this project are not reimbursable. Reprographic Services during Design: Architect‐Engineer shall bear the reproduction cost of drawings, specifications, calculations, cost estimates, program analysis, traveling, photos, renderings, plottings or similar documents, as required as part of its Basic Services and are not reimbursable. Additional print sets requested by the District beyond the quantities anticipated in the Basic Services Fee are reimbursable at their actual cost without any markups. Reproduction for internal use by the Architect‐Engineer and the Architect‐Engineer’s consultants is not reimbursable. Postage and Communications: Architect‐Engineer shall bear the anticipated postage, long distance telephone calls, facsimile (FAX) transmissions, special deliveries (UPS or similar carriers), and hired delivery services as part of its Basic Services and are not reimbursable. Reprographics for Plan Check Review: Reproduction of documents for submittal to review agencies (Division of the State Architect, California Department of Education, State or local Fire ▇▇▇▇▇▇▇▇, Health Department, etc.) is required as a part of Basic Services and is not reimbursable. Reprographics for Bidding: Reproduction of construction documents in quantities suitable for bidding is provided by the District Fees and Permits: Fees and permits required for agency approvals will be paid by the District
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PHASE AMOUNT. Program Verification Phase 10% Schematic Design Phase 25% Bridging Phase 35% Design Build Procurement Phase 20% ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Architects, Inc. 2023 Billing Rates Principal $240 per hour Associate $200 per hour Senior Project Manager $190 per hour Project Manager $175 per hour Project Architect $160 per hour Job Captain $145 per hour Senior Draftsperson $130 per hour Draftsperson $120 per hour Jr. Draftsperson $110 per hour Project Coordinator $95 per hour CASp Access Specialist $170 per hour Lead interior Designer $175 per hour Senior Interior Designer $145 per hour Interior Designer $120 per hour Staff Designer $110 per hour Administrative Staff $85 per hour (rates subject to change annually) ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇ | ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ | phone: (▇▇▇) ▇▇▇-▇▇▇▇ | fax: (▇▇▇) ▇▇▇-▇▇▇▇ Oakland Davis Los Angeles Envelope Id: 13469920F2714BB0975C280771039F54 Status: Completed Subject: Complete with DocuSign: SRCS_DO & Ed_HY Archit_Bridging Architect Service Agreement.pdf Source Envelope: Document Pages: 18 Signatures: 1 Envelope Originator: Certificate Pages: 5 Initials: 0 ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ AutoNav: Enabled EnvelopeId Stamping: Enabled Time Zone: (UTC-08:00) Pacific Time (US & Canada) ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Fairfield, CA 94534 ▇▇▇▇▇▇▇.▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇ IP Address: 157.131.81.166 Status: Original 1/22/2024 2:36:39 PM Holder: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇.▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇ Location: DocuSign ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇@▇▇-▇▇▇▇.▇▇▇ Principal ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Architects, Inc. Security Level: Email, Account Authentication (None) Signature Adoption: Drawn on Device Using IP Address: 99.23.124.105 Sent: 1/22/2024 2:46:05 PM Resent: 1/23/2024 12:35:29 PM Viewed: 1/23/2024 12:36:05 PM Signed: 1/23/2024 12:36:28 PM Accepted: 1/23/2024 12:36:05 PM ID: f8ca7017-d3b1-45ff-ba81-ad28e06df7d5 ▇▇▇▇▇ ▇▇▇▇▇▇▇ Sent: 1/23/2024 12:36:28 PM ▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇ Project Manager ▇▇▇ ▇▇▇▇ Construction Services Security Level: Email, Account Authentication (None) Electronic Record and Signature Disclosure: Not Offered via DocuSign Envelope Sent Hashed/Encrypted 1/22/2024 2:46:05 PM Certified Delivered Security Checked 1/23/2024 12:36:05 PM Signing Complete Security Checked 1/23/2024 12:36:28 PM Completed Security Checked 1/23/2024 12:36:28 PM Electronic Record and Signature Disclosure created on: 8/27/2020 12:44:32 PM Parties agreed to: ▇▇▇ ▇▇▇▇▇▇▇ From time to time, ▇▇▇ ▇▇▇▇ Construction Services (we, us or Company) may be required by law to provide to you certain written notices or disclos...
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Related to PHASE AMOUNT

  • Principal Payment The Borrower shall fail to pay any principal of any Note when the same becomes due and payable as set forth in this Agreement;

  • Purchase Price; Deposit (a) The purchase price for the Property is AND 00/100 DOLLARS ($ ) (the “Purchase Price”), payable as follows: (i) TEN PERCENT (10%) of the Purchase Price (which is equal to $ ) (the “Initial Deposit”, and together with the Additional Deposit (as hereinafter defined), if any and to the extent delivered by Purchaser, collectively, the “Deposit”) shall, within five (5) business days after the Effective Date, be deposited by Purchaser with the Title Company (as hereinafter defined), as escrow agent (in such capacity, the “Escrow Agent”) by wire transfer of immediately available funds. Failure by Purchaser to timely deliver the Deposit in accordance with this Section 2(a)(i) shall constitute a material default by Purchaser hereunder and Seller shall be entitled to terminate this Agreement by written notice to Purchaser. The Deposit shall be refundable to Purchaser only to the extent expressly set forth in this Agreement. The Deposit shall be held in a non-interest-bearing, federally-insured account by Escrow Agent in accordance with this Agreement pending the consummation of the Settlement (as defined below). At Settlement, the Deposit shall be paid to Seller on account of the Purchase Price and credited to Purchaser. The giving of the Deposit hereunder shall not be considered to be ▇▇▇▇▇▇▇ money. (ii) Subject to the prorations and adjustments set forth in this Agreement, the balance of the Purchase Price shall be paid to Seller at Settlement by wire transfer of immediately available federal funds. (b) If there is a dispute between Seller and Purchaser regarding whether the Deposit shall be returned to Purchaser or delivered to Seller, Escrow Agent shall have no obligation to either Seller or Purchaser with respect to the Deposit except to interplead (invoke a concursus of) the Deposit into an appropriate court of competent jurisdiction. Escrow Agent may act upon any instrument or other writing believed by Escrow Agent in good faith to be genuine and to be signed and presented by the proper person.

  • Optional Principal Payments 8 Method of Selecting Types and Interest Periods for New Advances..........................................12 2.9 Conversion and Continuation of Outstanding Advances......................................................12 2.10 Changes in Interest Rate, etc...........................................................................12 2.11

  • Payment Amount Payment for the Services shall be as follows: (choose one) ☐ - $______________________ for the Services (“Payment”). ☐ - At an hourly rate of $____ per hour (“Payment”). ☐ - Other. ______________________________________________ (“Payment”) If the Subcontractor asserts a claim which involves, in whole or in part, acts or omissions which are the responsibility of the Client or another person for whom a claim may be submitted, including but not limited to, claims for failure to pay, an extension of time, impacts, delay damages, or extra work, the Contractor shall present the Subcontractor's claim to the Client or other responsible party provided the Subcontractor presents to Contractor competent supporting evidence and in sufficient time for the Contractor to do so. The Subcontractor shall cooperate fully with the Contractor in any and all steps the Contractor takes in connection with prosecuting such a claim and shall hold harmless and reimburse the Contractor for all expenses, including legal expenses, incurred by the Contractor which arise out of the Contractor's submission of the Subcontractor's claims to the Client or other responsible party(ies). The Subcontractor shall be bound by any adjudication or award in any action or proceeding resolving such a claim.

  • Over-Allowance Amount On the Cost Proposal Delivery Date and, in any event, prior to the commencement of the construction of the Tenant Improvements, Tenant shall deliver to Landlord cash in an amount (the “Over-Allowance Amount”) equal to the difference between (i) the amount of the Cost Proposal and (ii) the amount of the Tenant Improvement Allowance (less any portion thereof already disbursed by Landlord, or in the process of being disbursed by Landlord, on or before the Cost Proposal Delivery Date). The Over-Allowance Amount shall be disbursed by Landlord prior to the disbursement of any then remaining portion of the Tenant Improvement Allowance, and such disbursement shall be pursuant to the same procedure as the Tenant Improvement Allowance. If, after the Cost Proposal Date, any revisions, changes, or substitutions shall be made to the Construction Drawings or the Tenant Improvements as a result of requests made by Tenant or as otherwise specified in Section 5.01(h) below, any additional costs which arise in connection with such revisions, changes or substitutions shall be paid by Tenant to Landlord immediately upon Landlord’s request as an addition to the Over-Allowance Amount and, in any event, prior to the commencement of the construction of the revisions, changes or substitutions. Promptly following completion of construction of the Tenant Improvements and payment of all costs incurred in connection therewith, Landlord shall prepare and deliver to Tenant a reasonably detailed reconciliation of (i) the total cost of the Tenant Improvements, including all Tenant Improvement Allowance Items, and (ii) the total amount of the Tenant Improvement Allowance and the Over-Allowance Amount payments previously made by Tenant pursuant to the foregoing provisions of this Section. To the extent that such reconciliation discloses that the total costs of the Tenant Improvements exceeds the amount of the Tenant Improvement Allowance plus all Over-Allowance Amount previously paid by Tenant, Tenant shall pay the amount of such shortfall to Landlord within thirty (30) days after receipt of such reconciliation. To the extent that such reconciliation discloses that the total costs of the Tenant Improvements is less than the amount of the Tenant Improvement Allowance plus all Over-Allowance Amounts previously paid by Tenant, Landlord shall pay the amount of such overage to Tenant at the time that Landlord delivers such reconciliation to Tenant.