Payments to the Design Professional. 5.1 The amount for the performance of basic services required under this Contract, not identified as direct and reimbursable expenses, will be in a not-to-exceed amount of Five Hundred Ninety Eight Thousand Eight Hundred Sixty Six and Ninety Four One Hundredth Dollars ($598,866.94), which includes all fees for subconsultants.
Payments to the Design Professional. Delete Paragraph 5.1 in its entirety and replace with the following:
Payments to the Design Professional. 5.1 The amount for the performance of basic services required under this Contract, not identified as direct and reimbursable expenses, costs identified as resident inspection services and costs from the owner allowance amount used for basic services, direct and reimbursable expenses and resident inspection services will be in a not-to-exceed amount of One Million Fifty-Four Thousand Two Hundred Seventy-Seven and No One Hundredth Dollars ($1,054,277.00), which includes all fees for subconsultants.
Payments to the Design Professional. 11.1. Direct Personnel Expense. The Project Contract Price includes the Design Professional's Direct Personnel Expenses and related overhead costs. These are defined as the direct salaries of the Design Professional's personnel engaged on the Project and the portion of the cost of their mandatory and customary contributions and benefits related thereto, such as employment taxes and other statutory employee benefits, insurance, sick leave, holidays, vacations, pensions and similar contributions and benefits, travel to and within San Francisco, San Mateo, Santa Xxxxx, Contra Costa, and Alameda Counties, insurance and other overhead costs associated with or arising out of performance of basic Services for an Assigned Party, except for Reimbursable Expenses. 11.2. Payments on Account of Basic Services
Payments to the Design Professional. 5.1 The amount for the performance of basic services and reimbursable expenses required under this Contract, will be in a not-to-exceed amount of Three Million Three Hundred Seventy One Thousand Five Hundred Ninety Three and No One Hundredths Dollars ($3,371,592.77), which includes all fees for subconsultants. 5.2 N/A 5.3 N/A 5.4 Invoiced amounts will be based on the Design Professional’s and team member’s agreed upon overhead rate, personnel direct labor rates, negotiated profit and actual time billed to the Project as substantiated by backup acceptable to the Owner and supported by monthly progress reports: Conceptual/Schematic Design Phase - Up to 15% Design Development Phase - Up to 30% Construction Document Phase through award of Contract - Up to 80% Construction Phase - Up to 100%
Payments to the Design Professional. PAYMENTS FOR BASIC SERVICES Payment for Basic Services shall be in proportion to services performed within each phase of services as provided by this Agreement. When portions of the Project are deleted or otherwise not constructed, compensation for such portions of the Project shall be payable to the extent services are performed on such portions, based on the: Lowest bona fide bid or negotiated proposal; or Most recent Statement of Probable Construction Cost or detailed estimate of Construction Cost for such portions of the Project.
Payments to the Design Professional
