Common use of Compensation for Basic Services Clause in Contracts

Compensation for Basic Services. 5.1.1 The fee for Basic Services shall be computed as follows: For services rendered in accordance with this Agreement, the basis for compensation shall be a lump-sum fee in the amount of ${ }, payable upon completion of each Project phase, after the review and approval by University, in accordance with the following rate schedule. Services required by the Design Development Phase and the Construction Documents Phase shall only be performed, and University will only be obligated to compensate the Design Professional therefore, if University has issued a notice to proceed under paragraphs 2.3.1 and 2.3.2: Phase or Stage Rates of Portions of Total Fees Completed to be Paid at Completion Schematic { %} Design Phase Design Development Increase to { %} Phase Construction Documents Increase to { %} Phase Bidding Phase (Award of Increase to { %} Bid Packages) (or a proportional percentage when a portion of the Project is awarded) Construction (Proportional monthly payments of {%} Phase the fee, prorated to the proportion of the Project construction that is certified as complete) Construction Increase to { %} Completed Receipt of Design Professional's Increase to { %} Record Documents Guarantee to Repair Period Increase to 100% Services Completed

Compensation for Basic Services. 5.1.1 The fee for Basic Services shall be computed as follows: For services rendered in accordance with this Agreement, the basis for compensation shall be a lump-sum fee in the amount of ${ }, payable upon completion of each Project phase, after the review and approval by University, in accordance with the following rate schedule: NOTE: AS AN ALTERNATIVE TO PAYMENT AT THE COMPLETION OF EACH PHASE, MONTHLY PAYMENTS BASED ON THE PERCENTAGE OF COMPLETION MAY BE MADE, NOT TO EXCEED THE TOTAL FEE DUE FOR EACH PHASE. Services required by the Design Development Phase and the Construction Documents Phase shall only be performed, and University will only be obligated to compensate the Design Professional therefore, if University has issued a notice to proceed under paragraphs 2.3.1 and 2.3.2: Phase or Stage Rates of Portions of Total Fees Completed to be Paid at Completion Schematic { %} Design and Performance Specifications Phase Design Development Increase to { %} Phase, if applicable Proposal Phase Construction Documents Increase to {%} Design Build Design Submittal Review Increase to { %} Phase Bidding Phase (Award of Increase to { %} Bid Packages) (or a proportional percentage when a portion of the Project is awarded) Construction (Proportional monthly payments of {%} of Phase the fee, prorated to the proportion of the Project construction that is certified as complete) Construction Increase to { %} Completed Receipt of Design Professional's Increase to { %} Record Documents Guarantee to Repair Period Increase to 100% Services Completed

Compensation for Basic Services. 5.1.1 The fee for Basic Services shall be computed as follows: For services rendered in accordance with this Agreement, the basis for compensation shall be a lump-sum fee in the amount of ${ }, payable upon completion of each Project phase, after the review and approval by University, in accordance with the following rate schedule. Services required by the Design Development Phase and the Construction Documents Phase shall only be performed, and University will only be obligated to compensate the Design Professional therefore, if University has issued a notice to proceed under paragraphs 2.3.1 and 2.3.2: NOTE: AS AN ALTERNATIVE TO PAYMENT AT THE COMPLETION OF EACH PHASE, MONTHLY PAYMENTS BASED ON THE PERCENTAGE OF COMPLETION MAY BE MADE, NOT TO EXCEED THE TOTAL FEE DUE FOR EACH PHASE. Phase or Stage Rates of Portions of Total Fees Completed to be Paid at Completion Schematic { %} Design Phase Design Development Increase to { %} Phase Construction Documents Increase to { %} Phase Bidding Phase (Award of Increase to { %} Bid Packages) (or a proportional percentage when a portion of the Project is awarded) Construction (Proportional monthly payments of {%} Phase the fee, prorated to the proportion of the Project construction that is certified as complete) Construction Increase to { %} Completed Receipt of Design Professional's Increase to { %} Record Documents Guarantee to Repair Period Increase to 100% Services Completed