Common use of COMPENSATION AND PAYMENTS Clause in Contracts

COMPENSATION AND PAYMENTS. (When using this Agreement with the Standard Department of Education Supplement A complete section 1.1 in that document – do not fill in the form fields in section 1.1 below.) The Consultant's Compensation shall not exceed $0.00 and shall be computed as the sum of Basic Services, Additional Services and Reimbursable Expenses, as shown below. Basic Services Fee () $0.00 For the purposes of this Agreement, the Basic Services Fee is the prime Consultant’s fee, even if Subconsultants provide some “basic services”. When procurement is by the Professional Services Prequalification List, the sum of the prime Consultant’s fee plus the Subconsultant’s fees shown in the table in 1.1.2 below shall total not more than $25,000 for the entire project and a majority of the fee amount shall be allocated to the prime Consultant. Additional Services Fee (sum of items below) () $0.00 .1 () $0.00 .2 () $0.00 .3 () $0.00 .4 Additional Service, if any () $0.00 .5 Additional Service, if any () $0.00 Hourly rates shall be included in Attachment A, Professional Rate Schedule for use on this project based on rates negotiated by the Owner and the Consultant. When both Stipulated Sum fees and Hourly Rate fees are used select “Mixed fees, not-to-exceed” for the subtotal fee amount. Reimbursable Expenses (sum of estimated items below) $0.00