Design Phase Sum Sample Clauses

Design Phase Sum. In consideration of the timely and complete performance of the Design Phase Work and the DB Contractor’s other Design Phase obligations under the Contract Documents, the Authority shall pay to the DB Contractor, and the DB Contractor shall accept as payment in full by the Authority for such Work, the Design Phase Sum, consisting of (a) $38,874,067.00 (the “Design Fee”) for all Work necessary and appropriate to design the Facility and all other work and services of the Design Professionals, plus (b) $3,029,238.00 (the “Preconstruction Services Fee”) for all other Design Phase Work, including cost estimating, scheduling, subcontracting, and procurement, through development of the FGMP and execution of the FGMP Amendment (excluding Construction Phase Work authorized pursuant to Work Package Authorization). Payment of the Design Phase Sum shall be subject to the maximum payment schedule set forth in Attachment 3 (Preconstruction Phase Maximum Payment Schedule) to Exhibit B (IGMP Schedule of Values).