Common use of PAYMENTS ON ACCOUNT OF BASIC SERVICES Clause in Contracts

PAYMENTS ON ACCOUNT OF BASIC SERVICES. 10.1.1 Owner shall make payments on a monthly basis for Services properly completed in accordance with the Schedule for Basic Compensation provided in Exhibit C. In order to receive payment, Engineer shall present to Owner an itemized statement which indicates Services performed by Engineer and its Consultants, percentage of Services completed, method for computing the amount payable, and the amount to be paid. The statement shall describe the amount of Services provided since the initial Commencement Date, or since the start of the subsequent billing periods, as appropriate, through the date of the statement, as well as those expenses for which reimbursement is requested for that statement period and other information reasonably requested by Owner. If the Basis of Payment is a stipulated sum, payment shall be made on the percentage of Services completed. If the Basis of Compensation is Hourly Billing Rates, the statement shall identify the individual performing Services, a brief description of the services, the amount of time expended (in a minimum increment of 0.10 hour) and the hourly rate for such services. No deductions shall be made from Engineer’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 Engineer has been adjudged in a court of law to be liable. Payment shall be made for Services performed provided, however, that the amount paid to Engineer shall never exceed the amounts authorized by the Schedule for Basic Compensation or any not-to-exceed amount for additional services as provided in Exhibit C. Owner shall, within thirty (30) calendar days of receiving Engineer’s itemized statement, pay all approved charges therein.

PAYMENTS ON ACCOUNT OF BASIC SERVICES. 10.1.1 Owner shall make payments on a monthly basis for Services properly completed in accordance with the Schedule for Basic Compensation provided in Exhibit C. In order to receive payment, Engineer shall present to Owner an itemized statement which indicates Services performed by Engineer and its Consultants, percentage of Services completed, method for computing hours worked at the amount payablehourly rates specified, and the amount to be paid. The statement shall describe the amount of Services provided since the initial Commencement Date, or since the start of the subsequent billing periods, as appropriate, through the date of the statement, as well as those expenses for which reimbursement is requested for that statement period and other information reasonably requested by Owner. If the The Basis of Payment is a stipulated sum, payment shall be made on the percentage of Services completed. If the Basis of Compensation is Hourly Billing Rates, the statement shall identify the individual performing Services, a brief description of the services, the amount of time expended (in a minimum increment of 0.10 hour) and hours worked at the hourly rate for such servicesrates specified. The hourly rates shall include direct salary costs, employee benefits, overhead, and fee. No deductions shall be made from Engineer’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 Engineer has been adjudged in a court of law to be liable. Payment shall be made for Services performed provided, however, that the amount paid to Engineer shall never exceed the amounts authorized by the Schedule for Basic Compensation or any not-to-exceed amount for additional services as provided in Exhibit C. Owner shall, within thirty (30) calendar days of receiving approving Engineer’s itemized statement, pay all approved charges therein, less any applicable mandatory withholding for nonresident individuals and non-California business entities.

PAYMENTS ON ACCOUNT OF BASIC SERVICES. 10.1.1 Owner shall make payments on a monthly basis for Services properly completed in accordance with the Schedule for Basic Compensation provided in Exhibit C. In order to receive payment, Engineer shall present to Owner an itemized statement which indicates Services performed by Engineer and its Consultants, percentage of Services completed, method for computing the amount payable, and the amount to be paid. The statement shall describe the amount of Services provided since the initial Commencement Date, or since the start of the subsequent billing periods, as appropriate, through the date of the statement, as well as those expenses for which reimbursement is requested for that statement period and other information reasonably requested by Owner. If the Basis of Payment is a stipulated sum, payment shall be made on the percentage of Services completed. If the Basis of Compensation is Hourly Billing Rates, the statement shall identify the individual performing Services, a brief description of the services, the amount of time expended (in a minimum increment of 0.10 hour) and the hourly rate for such services. No deductions shall be made from Engineer’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 Engineer has been adjudged in a court of law to be liable. Payment shall be made for Services performed provided, however, that the amount paid to Engineer shall never exceed the amounts authorized by the Schedule for Basic Compensation or any not-to-exceed amount for additional services as provided in Exhibit C. Owner shall, within thirty (30) calendar days of receiving Engineer’s itemized statement, pay all approved charges therein.